COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC : revenue, balance sheet and financial ratios

COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC is a French company founded 14 years ago, specialized in the sector Production d'électricité. Based in TOULOUZETTE (40250), this company of category PME shows in 2023 a revenue of 118 k€. 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 - COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC (SIREN 533031316)
Indicator 2023 2022 2021 2020 2018
Revenue 118 093 € 111 892 € 110 237 € 122 370 € 128 902 €
Net income 116 084 € 99 536 € 88 632 € 99 825 € 4 703 €
EBITDA 104 146 € 101 275 € 93 937 € 104 346 € 57 616 €
Net margin 98.3% 89.0% 80.4% 81.6% 3.6%

Revenue and income statement

In 2023, COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC achieves revenue of 118 k€. Activity remains stable over the period (CAGR: -1.7%). Vs 2022: +6%. After deducting consumption (0 €), gross margin stands at 118 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 104 k€, representing 88.2% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by +3%, reducing margin by 2.3 pts. This reflects costs rising faster than 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 116 k€, i.e. 98.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

118 093 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

118 093 €

EBITDA (2023) ?
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

104 146 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

70 205 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

116 084 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

88.2%

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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 73%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 127.0% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

72.881%

Financial autonomy (2023) ?
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

57.58%

Cash flow / Revenue (2023) ?
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

127.041%

Repayment capacity (2023) ?
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

1.66

Asset age ratio (2023) ?
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

39.6%

Solvency indicators evolution
COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC

Sector positioning

Debt ratio
72.88 2023
2021
2022
2023
Q1: -242.24
Med: 0.0
Q3: 190.04
Average

In 2023, the debt ratio of COMPAGNIE ELECTRIQUE DE C... (72.88) 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
57.58% 2023
2021
2022
2023
Q1: -6.3%
Med: 6.35%
Q3: 49.74%
Excellent +6 pts over 3 years

In 2023, the financial autonomy of COMPAGNIE ELECTRIQUE DE C... (57.6%) 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
1.66 years 2023
2021
2022
2023
Q1: -3.51 years
Med: 0.0 years
Q3: 6.0 years
Average

In 2023, the repayment capacity of COMPAGNIE ELECTRIQUE DE C... (1.66) 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 19933.86. 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 8.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

19933.858

Interest coverage (2023) ?
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

8.353

Liquidity indicators evolution
COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC

Sector positioning

Liquidity ratio
19933.86 2023
2021
2022
2023
Q1: 87.04
Med: 274.98
Q3: 887.78
Excellent

In 2023, the liquidity ratio of COMPAGNIE ELECTRIQUE DE C... (19933.86) 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
8.35x 2023
2021
2022
2023
Q1: -3.13x
Med: 0.15x
Q3: 16.93x
Good -12 pts over 3 years

In 2023, the interest coverage of COMPAGNIE ELECTRIQUE DE C... (8.3x) 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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Overall, WCR represents 557 days of revenue, i.e. 183 k€ to permanently finance. Over 2018-2023, WCR increased by +748%, requiring additional financing.

Operating WCR (2023) ?
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

182 863 €

Customer credit (2023) ?
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 (2023) ?
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

1 j

Inventory turnover (2023) ?
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 (2023) ?
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

557 j

WCR and payment terms evolution
COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC

Positioning of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC is estimated at 217 365 € (range 35 627€ - 843 784€). With an EBITDA of 104 146€, 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 2023
85 tx
35k€ 217k€ 843k€
217 365 € Range: 35 627€ - 843 784€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
104 146 € × 2.4x
Estimation 251 999 €
27 653€ - 945 546€
Revenue Multiple 30%
118 093 € × 0.69x
Estimation 81 702 €
16 085€ - 414 605€
Net Income Multiple 20%
116 084 € × 2.9x
Estimation 334 280 €
84 881€ - 1 233 147€
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 COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC

What is the revenue of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC ?

The revenue of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC in 2023 is 118 k€.

Is COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC profitable?

Yes, COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC generated a net profit of 116 k€ in 2023.

Where is the headquarters of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC ?

The headquarters of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC is located in TOULOUZETTE (40250), in the department Landes.

Where to find the tax return of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC ?

The tax return of COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC 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 COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC operate?

COMPAGNIE ELECTRIQUE DE CHALOSSE - CEC operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.