CERTAF CALOR ETUD REALI THERM ACOUS FRIG : revenue, balance sheet and financial ratios

CERTAF CALOR ETUD REALI THERM ACOUS FRIG is a French company founded 30 years ago, specialized in the sector Travaux d'isolation. Based in LA COURNEUVE (93120), this company of category PME shows in 2022 a revenue of 6.8 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 - CERTAF CALOR ETUD REALI THERM ACOUS FRIG (SIREN 401671748)
Indicator 2024 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 6 756 672 € 5 885 875 € 5 871 991 € 6 470 663 € 6 557 345 € 8 383 001 € 8 328 411 €
Net income 224 886 € 176 230 € 27 848 € 619 583 € 361 065 € 195 646 € 576 984 € 629 631 €
EBITDA N/C 260 397 € 605 199 € 803 400 € 478 225 € 165 598 € 706 857 € 909 424 €
Net margin N/C 2.6% 0.5% 10.6% 5.6% 3.0% 6.9% 7.6%

Revenue and income statement

In 2024, CERTAF CALOR ETUD REALI THERM ACOUS FRIG generates positive net income of 225 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 630 k€ -> 225 k€.

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

224 886 €

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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 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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.022%

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

71.698%

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

28.4%

Solvency indicators evolution
CERTAF CALOR ETUD REALI THERM ACOUS FRIG

Sector positioning

Debt ratio
0.02 2024
2021
2022
2024
Q1: 0.52
Med: 13.18
Q3: 45.45
Excellent

In 2024, the debt ratio of CERTAF CALOR ETUD REALI T... (0.02) 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
71.7% 2024
2021
2022
2024
Q1: 10.35%
Med: 33.63%
Q3: 54.43%
Excellent

In 2024, the financial autonomy of CERTAF CALOR ETUD REALI T... (71.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.05 years 2022
2021
2022
Q1: 0.0 years
Med: 0.16 years
Q3: 1.68 years
Good +6 pts over 2 years

In 2022, the repayment capacity of CERTAF CALOR ETUD REALI T... (0.05) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 336.94. 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

336.944

Liquidity indicators evolution
CERTAF CALOR ETUD REALI THERM ACOUS FRIG

Sector positioning

Liquidity ratio
336.94 2024
2021
2022
2024
Q1: 139.62
Med: 199.69
Q3: 307.67
Excellent

In 2024, the liquidity ratio of CERTAF CALOR ETUD REALI T... (336.94) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.9x 2022
2021
2022
Q1: 0.0x
Med: 0.19x
Q3: 2.2x
Good

In 2022, the interest coverage of CERTAF CALOR ETUD REALI T... (0.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
CERTAF CALOR ETUD REALI THERM ACOUS FRIG

Positioning of CERTAF CALOR ETUD REALI THERM ACOUS FRIG in its sector

Comparison with sector Travaux d'isolation

Valuation estimate

Based on 58 transactions of similar company sales (all years), the value of CERTAF CALOR ETUD REALI THERM ACOUS FRIG is estimated at 825 288 € (range 416 084€ - 2 405 493€). 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
58 tx
416k€ 825k€ 2405k€
825 288 € Range: 416 084€ - 2 405 493€
NAF 5 all-time

Valuation method used

Net Income Multiple
224 886 € × 3.7x = 825 289 €
Range: 416 085€ - 2 405 493€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 58 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 (Travaux d'isolation)

Compare CERTAF CALOR ETUD REALI THERM ACOUS FRIG with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'isolation

Frequently asked questions about CERTAF CALOR ETUD REALI THERM ACOUS FRIG

What is the revenue of CERTAF CALOR ETUD REALI THERM ACOUS FRIG ?

The revenue of CERTAF CALOR ETUD REALI THERM ACOUS FRIG in 2022 is 6.8 M€.

Is CERTAF CALOR ETUD REALI THERM ACOUS FRIG profitable?

Yes, CERTAF CALOR ETUD REALI THERM ACOUS FRIG generated a net profit of 225 k€ in 2024.

Where is the headquarters of CERTAF CALOR ETUD REALI THERM ACOUS FRIG ?

The headquarters of CERTAF CALOR ETUD REALI THERM ACOUS FRIG is located in LA COURNEUVE (93120), in the department Seine-Saint-Denis.

Where to find the tax return of CERTAF CALOR ETUD REALI THERM ACOUS FRIG ?

The tax return of CERTAF CALOR ETUD REALI THERM ACOUS FRIG 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 CERTAF CALOR ETUD REALI THERM ACOUS FRIG operate?

CERTAF CALOR ETUD REALI THERM ACOUS FRIG operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.