CORSICA RETE TECNOLOGICHE - CRT : revenue, balance sheet and financial ratios

CORSICA RETE TECNOLOGICHE - CRT is a French company founded 8 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in BORGO (20290), this company of category PME shows in 2024 a revenue of 27.9 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 - CORSICA RETE TECNOLOGICHE - CRT (SIREN 840111314)
Indicator 2024 2023 2022 2021 2020 2019
Revenue 27 940 166 € 18 655 745 € 17 247 982 € 18 108 223 € 9 376 294 € N/C
Net income 735 807 € 1 431 467 € 1 596 085 € 1 099 376 € 890 704 € 1 032 205 €
EBITDA 926 013 € 2 055 521 € 2 252 742 € 1 731 641 € 1 298 690 € N/C
Net margin 2.6% 7.7% 9.3% 6.1% 9.5% N/C

Revenue and income statement

In 2024, CORSICA RETE TECNOLOGICHE - CRT achieves revenue of 27.9 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +31.4%. Vs 2023, growth of +50% (18.7 M€ -> 27.9 M€). After deducting consumption (2.6 M€), gross margin stands at 25.4 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 926 k€, representing 3.3% of revenue. Warning negative scissor effect: despite revenue change (+50%), EBITDA varies by -55%, reducing margin by 7.7 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 736 k€, i.e. 2.6% 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

27 940 166 €

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

25 370 187 €

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

926 013 €

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

737 878 €

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

735 807 €

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

3.3%

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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 6%. 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 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

6.268%

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

26.493%

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

3.306%

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

0.233

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

46.1%

Solvency indicators evolution
CORSICA RETE TECNOLOGICHE - CRT

Sector positioning

Debt ratio
6.27 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Good -20 pts over 3 years

In 2024, the debt ratio of CORSICA RETE TECNOLOGICHE... (6.27) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
26.49% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Good +6 pts over 3 years

In 2024, the financial autonomy of CORSICA RETE TECNOLOGICHE... (26.5%) 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
0.23 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.19 years
Average

In 2024, the repayment capacity of CORSICA RETE TECNOLOGICHE... (0.23) 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 128.17. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.

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

128.166

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

0.5

Liquidity indicators evolution
CORSICA RETE TECNOLOGICHE - CRT

Sector positioning

Liquidity ratio
128.17 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Watch -10 pts over 3 years

In 2024, the liquidity ratio of CORSICA RETE TECNOLOGICHE... (128.17) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.5x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.16x
Q3: 4.32x
Good -8 pts over 3 years

In 2024, the interest coverage of CORSICA RETE TECNOLOGICHE... (0.5x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 32 days of revenue, i.e. 2.5 M€ 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

2 456 220 €

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

67 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

4 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

32 j

WCR and payment terms evolution
CORSICA RETE TECNOLOGICHE - CRT

Positioning of CORSICA RETE TECNOLOGICHE - CRT 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 178 993€ to 554 611€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
178k€ 407k€ 554k€
407 067 € Range: 178 993€ - 554 611€
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 CORSICA RETE TECNOLOGICHE - CRT with other companies in the same sector:

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

Frequently asked questions about CORSICA RETE TECNOLOGICHE - CRT

What is the revenue of CORSICA RETE TECNOLOGICHE - CRT ?

The revenue of CORSICA RETE TECNOLOGICHE - CRT in 2024 is 27.9 M€.

Is CORSICA RETE TECNOLOGICHE - CRT profitable?

Yes, CORSICA RETE TECNOLOGICHE - CRT generated a net profit of 736 k€ in 2024.

Where is the headquarters of CORSICA RETE TECNOLOGICHE - CRT ?

The headquarters of CORSICA RETE TECNOLOGICHE - CRT is located in BORGO (20290).

Where to find the tax return of CORSICA RETE TECNOLOGICHE - CRT ?

The tax return of CORSICA RETE TECNOLOGICHE - CRT 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 CORSICA RETE TECNOLOGICHE - CRT operate?

CORSICA RETE TECNOLOGICHE - CRT 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.