SIREN : 534737291
CVE SOLAR is a French company founded 14 years ago, specialized in the sector Ingénierie, études techniques. Based in MARSEILLE (13002), this company of category ETI shows in 2024 a revenue of 42.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42 650 243 € | 20 439 398 € | 7 262 131 € | 29 949 504 € | 43 723 927 € | 6 434 422 € | 5 536 590 € | 5 296 810 € | 2 180 587 € |
| Net income | 5 586 381 € | -3 775 823 € | -7 672 670 € | -2 974 579 € | 739 747 € | -97 415 € | 703 793 € | 1 557 775 € | -982 038 € |
| EBITDA | 5 719 589 € | -3 453 327 € | -7 568 751 € | -3 067 260 € | 979 252 € | -334 170 € | 735 460 € | 1 298 384 € | -1 050 562 € |
| Net margin | 13.1% | -18.5% | -105.7% | -9.9% | 1.7% | -1.5% | 12.7% | 29.4% | -45.0% |
In 2024, CVE SOLAR achieves revenue of 42.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +45.0%. Vs 2023, growth of +109% (20.4 M€ -> 42.7 M€). After deducting consumption (0 €), gross margin stands at 42.7 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 5.7 M€, representing 13.4% of revenue. Positive scissor effect: EBITDA margin improves by +30.3 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.6 M€, i.e. 13.1% of revenue. This profit can be retained or distributed to shareholders.
42 650 243 €
42 650 243 €
5 719 589 €
6 530 484 €
5 586 381 €
13.4%
The debt ratio (= Financial debt / Equity x 100) stands at 10%. 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. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
10.005%
29.381%
11.397%
0.339
99.6%
In 2024, the debt ratio of CVE SOLAR (10.01) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of CVE SOLAR (29.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of CVE SOLAR (0.34) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 236.09. 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 4.6x. Financial charges are adequately covered by operations.
236.086
4.645
In 2024, the liquidity ratio of CVE SOLAR (236.09) 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.
In 2024, the interest coverage of CVE SOLAR (4.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 186 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. The gap of 97 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 53 days of revenue, i.e. 6.3 M€ to permanently finance. Over 2016-2024, WCR increased by +1116%, requiring additional financing.
6 311 809 €
186 j
89 j
48 j
53 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 2 860 911€ to 17 745 745€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CVE SOLAR with other companies in the same sector:
Voir toutes les statistiques du secteur Ingénierie, études techniques
The revenue of CVE SOLAR in 2024 is 42.7 M€.
Yes, CVE SOLAR generated a net profit of 5.6 M€ in 2024.
The headquarters of CVE SOLAR is located in MARSEILLE (13002), in the department Bouches-du-Rhone.
The tax return of CVE SOLAR 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).
CVE SOLAR operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.