SIREN : 529682049
423 ENERGY is a French company founded 15 years ago, specialized in the sector Production d'électricité. Based in MONTPELLIER (34000), this company of category ETI shows in 2024 a revenue of 1.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 384 823 € | 1 725 290 € | 1 437 254 € | 1 464 995 € | 1 528 283 € | 1 582 501 € | 1 560 675 € | 964 620 € | 10 098 € |
| Net income | -481 994 € | -110 835 € | -284 196 € | -679 249 € | -476 257 € | -495 757 € | -394 538 € | -386 416 € | -101 989 € |
| EBITDA | 971 747 € | 1 282 554 € | 1 067 930 € | 1 004 568 € | 1 114 773 € | 1 152 740 € | 1 159 267 € | 629 538 € | -274 114 € |
| Net margin | -34.8% | -6.4% | -19.8% | -46.4% | -31.2% | -31.3% | -25.3% | -40.1% | -1010.0% |
In 2024, 423 ENERGY achieves revenue of 1.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +85.0%. Significant drop of -20% vs 2023. After deducting consumption (0 €), gross margin stands at 1.4 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 972 k€, representing 70.2% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -24%, reducing margin by 4.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -482 k€ (-34.8% of revenue), which will impact equity.
1 384 823 €
1 384 823 €
971 747 €
110 887 €
-481 994 €
70.2%
The debt ratio (= Financial debt / Equity x 100) stands at -379%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -35%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 27.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-379.164%
-34.903%
27.089%
34.538
55.9%
In 2024, the debt ratio of 423 ENERGY (-379.16) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of 423 ENERGY (-34.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of 423 ENERGY (34.54) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 426.28. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 60.7x. Operating income very largely covers interest expenses: high safety margin.
426.281
60.701
In 2024, the liquidity ratio of 423 ENERGY (426.28) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of 423 ENERGY (60.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 210 days. Excellent situation: suppliers finance 133 days of the operating cycle (retail model). Overall, WCR represents 130 days of revenue, i.e. 501 k€ to permanently finance. Notable WCR improvement over the period (-75%), freeing up cash.
500 600 €
77 j
210 j
0 j
130 j
Based on 85 transactions of similar company sales
(all years),
the value of 423 ENERGY is estimated at
1 828 846 €
(range 231 991€ - 7 337 290€).
With an EBITDA of 971 747€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare 423 ENERGY with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of 423 ENERGY in 2024 is 1.4 M€.
423 ENERGY recorded a net loss in 2024.
The headquarters of 423 ENERGY is located in MONTPELLIER (34000), in the department Herault.
The tax return of 423 ENERGY is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
423 ENERGY operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.