CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE : revenue, balance sheet and financial ratios

CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE is a French company founded 17 years ago, specialized in the sector Production d'électricité. Based in PARIS (75001), this company of category ETI shows in 2024 a revenue of 2.1 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 - CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE (SIREN 511722811)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 102 612 € 1 486 312 € 2 115 196 € 2 044 846 € 2 013 853 € 2 119 648 € N/C N/C N/C
Net income 432 579 € -30 352 € 180 789 € 177 181 € 72 714 € 26 371 € -1 575 667 € -138 727 € -500 282 €
EBITDA 1 613 317 € 1 129 033 € 1 505 694 € 1 579 212 € 1 536 203 € 1 632 799 € N/C N/C N/C
Net margin 20.6% -2.0% 8.5% 8.7% 3.6% 1.2% N/C N/C N/C

Revenue and income statement

In 2024, CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE achieves revenue of 2.1 M€. Activity remains stable over the period (CAGR: -0.2%). Vs 2023, growth of +41% (1.5 M€ -> 2.1 M€). After deducting consumption (0 €), gross margin stands at 2.1 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 1.6 M€, representing 76.7% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 433 k€, i.e. 20.6% 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

2 102 612 €

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

2 102 612 €

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

1 613 317 €

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

820 170 €

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

432 579 €

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

76.7%

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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 -550%. 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 -22%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 58.3% 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 (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

-549.814%

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

-21.627%

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

58.295%

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

7.201

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

37.1%

Solvency indicators evolution
CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE

Sector positioning

Debt ratio
-549.81 2024
2022
2023
2024
Q1: -273.65
Med: 0.0
Q3: 120.96
Excellent

In 2024, the debt ratio of CENTRALE PHOTOVOLTAIQUE D... (-549.81) 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
-21.63% 2024
2022
2023
2024
Q1: -12.1%
Med: 0.32%
Q3: 40.46%
Average

In 2024, the financial autonomy of CENTRALE PHOTOVOLTAIQUE D... (-21.6%) 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
7.2 years 2024
2022
2023
2024
Q1: -4.9 years
Med: 0.0 years
Q3: 5.63 years
Average

In 2024, the repayment capacity of CENTRALE PHOTOVOLTAIQUE D... (7.20) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 295.39. 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 24.0x. Operating income very largely covers interest expenses: high safety margin.

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

295.393

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

24.024

Liquidity indicators evolution
CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE

Sector positioning

Liquidity ratio
295.39 2024
2022
2023
2024
Q1: 83.26
Med: 273.74
Q3: 870.78
Good -8 pts over 3 years

In 2024, the liquidity ratio of CENTRALE PHOTOVOLTAIQUE D... (295.39) 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.

Interest coverage
24.02x 2024
2022
2023
2024
Q1: -5.49x
Med: 0.0x
Q3: 19.34x
Excellent

In 2024, the interest coverage of CENTRALE PHOTOVOLTAIQUE D... (24.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 135 days. Excellent situation: suppliers finance 104 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 52 days of revenue, i.e. 303 k€ to permanently finance.

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

303 260 €

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

31 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

135 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

2 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

52 j

WCR and payment terms evolution
CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE

Positioning of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE is estimated at 2 637 383 € (range 363 358€ - 10 457 312€). With an EBITDA of 1 613 317€, 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.

Estimated enterprise value 2024
85 tx
363k€ 2637k€ 10457k€
2 637 383 € Range: 363 358€ - 10 457 312€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 613 317 € × 2.4x
Estimation 3 903 696 €
428 364€ - 14 647 373€
Revenue Multiple 30%
2 102 612 € × 0.69x
Estimation 1 454 672 €
286 384€ - 7 381 930€
Net Income Multiple 20%
432 579 € × 2.9x
Estimation 1 245 671 €
316 305€ - 4 595 238€
How is this estimate calculated?

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.

  • 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 (Production d'électricité)

Compare CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE

What is the revenue of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE ?

The revenue of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE in 2024 is 2.1 M€.

Is CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE profitable?

Yes, CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE generated a net profit of 433 k€ in 2024.

Where is the headquarters of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE ?

The headquarters of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE is located in PARIS (75001), in the department Paris.

Where to find the tax return of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE ?

The tax return of CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE 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 CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE operate?

CENTRALE PHOTOVOLTAIQUE DE LA GARRIGUE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.