CEGELEC MANCHE : revenue, balance sheet and financial ratios

CEGELEC MANCHE is a French company founded 14 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in GRANVILLE (50400), this company of category GE shows in 2024 a revenue of 9.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CEGELEC MANCHE (SIREN 537915449)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 9 092 893 € 9 709 292 € 8 476 825 € 6 972 855 € 6 409 488 € 8 293 855 € 7 510 216 € 7 133 757 € 5 290 894 €
Net income 459 642 € 430 357 € 465 958 € 241 329 € 308 217 € 713 568 € 481 602 € 110 453 € 82 052 €
EBITDA 622 436 € 1 041 418 € 496 304 € 478 714 € 401 925 € 1 093 976 € 548 247 € -58 980 € -49 743 €
Net margin 5.1% 4.4% 5.5% 3.5% 4.8% 8.6% 6.4% 1.5% 1.6%

Revenue and income statement

In 2024, CEGELEC MANCHE achieves revenue of 9.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.0%. Slight decline of -6% vs 2023. After deducting consumption (168 k€), gross margin stands at 8.9 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 622 k€, representing 6.8% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -40%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 460 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

9 092 893 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 924 739 €

EBITDA (2024) ?
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

622 436 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

533 879 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

459 642 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

6.8%

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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 0%. 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 29%. The balance between equity and debt is satisfactory. Cash flow represents 6.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

28.544%

Cash flow / Revenue (2024) ?
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

5.988%

Repayment capacity (2024) ?
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 (2024) ?
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

26.5%

Solvency indicators evolution
CEGELEC MANCHE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Excellent -10 pts over 3 years

In 2024, the debt ratio of CEGELEC MANCHE (0.00) 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.

Financial autonomy
28.54% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Good -8 pts over 3 years

In 2024, the financial autonomy of CEGELEC MANCHE (28.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.19 years
Excellent -29 pts over 3 years

In 2024, the repayment capacity of CEGELEC MANCHE (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 183.03. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

183.025

Interest coverage (2024) ?
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
CEGELEC MANCHE

Sector positioning

Liquidity ratio
183.03 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Average -14 pts over 3 years

In 2024, the liquidity ratio of CEGELEC MANCHE (183.03) 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 2024
2022
2023
2024
Q1: 0.0x
Med: 0.16x
Q3: 4.32x
Average

In 2024, the interest coverage of CEGELEC MANCHE (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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 21 days of gap between collections and payments. Overall, WCR represents 24 days of revenue, i.e. 605 k€ to permanently finance. Notable WCR improvement over the period (-42%), freeing up cash.

Operating WCR (2024) ?
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

604 677 €

Customer credit (2024) ?
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

60 j

Supplier credit (2024) ?
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

39 j

Inventory turnover (2024) ?
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 (2024) ?
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

24 j

WCR and payment terms evolution
CEGELEC MANCHE

Positioning of CEGELEC MANCHE in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 118 176€ to 366 661€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
118k€ 268k€ 366k€
268 635 € Range: 118 176€ - 366 661€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Construction de réseaux électriques et de télécommunications)

Compare CEGELEC MANCHE with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux électriques et de télécommunications

Frequently asked questions about CEGELEC MANCHE

What is the revenue of CEGELEC MANCHE ?

The revenue of CEGELEC MANCHE in 2024 is 9.1 M€.

Is CEGELEC MANCHE profitable?

Yes, CEGELEC MANCHE generated a net profit of 460 k€ in 2024.

Where is the headquarters of CEGELEC MANCHE ?

The headquarters of CEGELEC MANCHE is located in GRANVILLE (50400), in the department Manche.

Where to find the tax return of CEGELEC MANCHE ?

The tax return of CEGELEC MANCHE 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 CEGELEC MANCHE operate?

CEGELEC MANCHE operates in the sector Construction de réseaux électriques et de télécommunications (NAF code 42.22Z). See the 'Sector positioning' section above to compare the company with its competitors.