ECOVA : revenue, balance sheet and financial ratios
ECOVA is a French company
founded 6 years ago,
specialized in the sector Commerce de gros d'équipements automobiles.
Based in ELVEN (56250),
this company of category PME
shows in 2023 a revenue of 750 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ECOVA generates positive net income of 121 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2021-2024: 83 k€ -> 121 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
120 675 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 493%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
493.172%
Financial autonomy (2024)
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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
15.041%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2023
2024
Debt ratio
746.899
399.961
695.968
301.942
493.172
Financial autonomy
11.796
18.842
11.112
22.394
15.041
Repayment capacity
16.21
10.77
-75.992
17.024
None
Cash flow / Revenue
None%
None%
-3.857%
9.47%
None%
Sector positioning
Debt ratio
493.172024
2023
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Watch
In 2024, the debt ratio of ECOVA (493.17) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
Financial autonomy
15.04%2024
2023
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Average
In 2024, the financial autonomy of ECOVA (15.0%) 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
17.02 years2023
2023
2023
Q1: 0.0 years
Med: 0.27 years
Q3: 2.55 years
Watch+51 pts over 2 years
In 2023, the repayment capacity of ECOVA (17.02) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 321.36. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
321.356
Liquidity indicators evolution ECOVA
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2021
2022
2023
2023
2024
Liquidity ratio
41161.163
681.989
319.805
443.514
321.356
Interest coverage
-80.565
-74.242
-71.576
-46.219
None
Sector positioning
Liquidity ratio
321.362024
2023
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Excellent
In 2024, the liquidity ratio of ECOVA (321.36) 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
-46.22x2023
2023
2023
Q1: 0.0x
Med: 1.24x
Q3: 8.77x
Average
In 2023, the interest coverage of ECOVA (-46.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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)
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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)
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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)
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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 ECOVA
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2023
2024
Operating WCR
0 €
0 €
974 569 €
672 827 €
0 €
Inventory turnover (days)
0
0
17
28
0
Customer payment term (days)
0
0
98
96
0
Supplier payment term (days)
60
58
85
69
0
Positioning of ECOVA in its sector
Comparison with sector Commerce de gros d'équipements automobiles
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions).
This range of 47 500€ to 128 364€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
47k€88k€128k€
88 019 €Range: 47 500€ - 128 364€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 29 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 (Commerce de gros d'équipements automobiles)
Compare ECOVA with other companies in the same sector:
Yes, ECOVA generated a net profit of 121 k€ in 2024.
Where is the headquarters of ECOVA ?
The headquarters of ECOVA is located in ELVEN (56250), in the department Morbihan.
Where to find the tax return of ECOVA ?
The tax return of ECOVA 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 ECOVA operate?
ECOVA operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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