ELA INNOVATION : revenue, balance sheet and financial ratios
ELA INNOVATION is a French company
founded 25 years ago,
specialized in the sector Activités spécialisées, scientifiques et techniques diverses.
Based in MONTPELLIER (34080),
this company of category PME
shows in 2023 a revenue of 5.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - ELA INNOVATION (SIREN 432799278)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
N/C
5 127 866 €
4 724 578 €
4 382 532 €
2 641 043 €
2 202 285 €
1 865 489 €
1 515 561 €
1 457 221 €
Net income
-412 853 €
622 860 €
616 500 €
882 326 €
-192 917 €
-166 902 €
-123 736 €
265 565 €
396 027 €
EBITDA
N/C
982 066 €
882 862 €
1 238 473 €
118 310 €
90 165 €
97 832 €
367 907 €
445 435 €
Net margin
N/C
12.1%
13.0%
20.1%
-7.3%
-7.6%
-6.6%
17.5%
27.2%
Revenue and income statement
In 2024, ELA INNOVATION records a net loss of 413 k€. This deficit will reduce equity on the balance sheet.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-412 853 €
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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 20%. 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 74%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
20.414%
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
73.628%
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
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
7.053
9.611
19.989
27.535
44.227
28.347
19.344
24.907
20.414
Financial autonomy
82.86
85.662
77.75
68.773
58.665
69.517
71.31
70.549
73.628
Repayment capacity
0.192
0.447
1.614
2.186
3.039
0.611
0.543
0.819
None
Cash flow / Revenue
51.261%
46.521%
20.977%
16.408%
14.427%
38.273%
30.698%
27.676%
None%
Sector positioning
Debt ratio
20.412024
2022
2023
2024
Q1: 0.0
Med: 4.67
Q3: 40.89
Average
In 2024, the debt ratio of ELA INNOVATION (20.41) 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
73.63%2024
2022
2023
2024
Q1: 4.58%
Med: 32.74%
Q3: 63.16%
Excellent
In 2024, the financial autonomy of ELA INNOVATION (73.6%) 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
0.82 years2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.59 years
Average+11 pts over 2 years
In 2023, the repayment capacity of ELA INNOVATION (0.82) 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 742.63. 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
742.632
Liquidity indicators evolution ELA INNOVATION
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
663.071
1277.158
1205.685
651.871
518.628
744.43
542.5
707.293
742.632
Interest coverage
0.0
1.579
8.021
13.095
12.06
1.166
1.513
1.072
None
Sector positioning
Liquidity ratio
742.632024
2022
2023
2024
Q1: 144.63
Med: 259.05
Q3: 521.3
Excellent
In 2024, the liquidity ratio of ELA INNOVATION (742.63) 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
1.07x2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.76x
Excellent
In 2023, the interest coverage of ELA INNOVATION (1.1x) 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) 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)
?
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 ELA INNOVATION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
961 649 €
2 014 196 €
1 232 920 €
1 632 135 €
1 416 735 €
1 471 610 €
2 282 822 €
3 493 051 €
0 €
Inventory turnover (days)
73
75
77
83
92
64
97
156
0
Customer payment term (days)
92
79
50
83
63
27
40
48
0
Supplier payment term (days)
62
44
33
71
78
34
49
44
0
Positioning of ELA INNOVATION in its sector
Comparison with sector Activités spécialisées, scientifiques et techniques diverses
Similar companies (Activités spécialisées, scientifiques et techniques diverses)
Compare ELA INNOVATION with other companies in the same sector:
The headquarters of ELA INNOVATION is located in MONTPELLIER (34080), in the department Herault.
Where to find the tax return of ELA INNOVATION ?
The tax return of ELA INNOVATION 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 ELA INNOVATION operate?
ELA INNOVATION operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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