ALTERNATIVE CURRENT ENERGY : revenue, balance sheet and financial ratios

ALTERNATIVE CURRENT ENERGY is a French company founded 12 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in LACANAU (33680), this company of category PME shows in 2022 a revenue of 128 k€. 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

Financial history - ALTERNATIVE CURRENT ENERGY (SIREN 795231679)
Indicator 2022 2019 2017 2016
Revenue 127 621 € 125 937 € 74 000 € 89 062 €
Net income 4 702 € 42 963 € -8 761 € 24 488 €
EBITDA 50 138 € 39 252 € -14 307 € 20 377 €
Net margin 3.7% 34.1% -11.8% 27.5%

Revenue and income statement

In 2022, ALTERNATIVE CURRENT ENERGY achieves revenue of 128 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +6.2%. Vs 2019: +1%. After deducting consumption (0 €), gross margin stands at 128 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 50 k€, representing 39.3% of revenue. Positive scissor effect: EBITDA margin improves by +8.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 3.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

127 621 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

127 621 €

EBITDA (2022) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

50 138 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 815 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

4 702 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

39.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Cash flow represents 40.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

43.249%

Financial autonomy (2022) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

28.36%

Cash flow / Revenue (2022) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

40.757%

Repayment capacity (2022) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2022) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

59.8%

Solvency indicators evolution
ALTERNATIVE CURRENT ENERGY

Sector positioning

Debt ratio
43.25 2022
2017
2019
2022
Q1: 0.0
Med: 23.39
Q3: 112.96
Average -20 pts over 3 years

In 2022, the debt ratio of ALTERNATIVE CURRENT ENERGY (43.25) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
28.36% 2022
2017
2019
2022
Q1: 2.19%
Med: 28.72%
Q3: 58.92%
Average -22 pts over 3 years

In 2022, the financial autonomy of ALTERNATIVE CURRENT ENERGY (28.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2022
2017
2019
2022
Q1: 0.0 years
Med: 0.03 years
Q3: 2.05 years
Excellent

In 2022, the repayment capacity of ALTERNATIVE CURRENT ENERGY (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 108.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

108.446

Interest coverage (2022) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
ALTERNATIVE CURRENT ENERGY

Sector positioning

Liquidity ratio
108.45 2022
2017
2019
2022
Q1: 91.36
Med: 176.87
Q3: 365.72
Average -20 pts over 3 years

In 2022, the liquidity ratio of ALTERNATIVE CURRENT ENERGY (108.45) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.0x 2022
2017
2019
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.3x
Average

In 2022, the interest coverage of ALTERNATIVE CURRENT ENERGY (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 115 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 30 days. The gap of 85 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-57 days): operations structurally generate cash. Notable WCR improvement over the period (-433%), freeing up cash.

Operating WCR (2022) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-20 331 €

Customer credit (2022) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

115 j

Supplier credit (2022) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

30 j

Inventory turnover (2022) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2022) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-57 j

WCR and payment terms evolution
ALTERNATIVE CURRENT ENERGY

Positioning of ALTERNATIVE CURRENT ENERGY in its sector

Comparison with sector Autres activités récréatives et de loisirs

Valuation estimate

Based on 114 transactions of similar company sales (all years), the value of ALTERNATIVE CURRENT ENERGY is estimated at 162 725 € (range 90 966€ - 266 169€). With an EBITDA of 50 138€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (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.

Estimated enterprise value 2022
114 transactions
90k€ 162k€ 266k€
162 725 € Range: 90 966€ - 266 169€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
50 138 € × 5.1x
Estimation 255 669 €
147 982€ - 399 385€
Revenue Multiple 30%
127 621 € × 0.72x
Estimation 92 062 €
42 449€ - 174 912€
Net Income Multiple 20%
4 702 € × 7.7x
Estimation 36 362 €
21 201€ - 70 017€
How is this estimate calculated?

This estimate is based on the analysis of 114 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Autres activités récréatives et de loisirs)

Compare ALTERNATIVE CURRENT ENERGY with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs

Frequently asked questions about ALTERNATIVE CURRENT ENERGY

What is the revenue of ALTERNATIVE CURRENT ENERGY ?

The revenue of ALTERNATIVE CURRENT ENERGY in 2022 is 128 k€.

Is ALTERNATIVE CURRENT ENERGY profitable?

Yes, ALTERNATIVE CURRENT ENERGY generated a net profit of 5 k€ in 2022.

Where is the headquarters of ALTERNATIVE CURRENT ENERGY ?

The headquarters of ALTERNATIVE CURRENT ENERGY is located in LACANAU (33680), in the department Gironde.

Where to find the tax return of ALTERNATIVE CURRENT ENERGY ?

The tax return of ALTERNATIVE CURRENT 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).

In which sector does ALTERNATIVE CURRENT ENERGY operate?

ALTERNATIVE CURRENT ENERGY operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.