ELECTRICITE GENERALE D'AJACCIO : revenue, balance sheet and financial ratios

ELECTRICITE GENERALE D'AJACCIO is a French company founded 52 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in AJACCIO (20090), this company of category PME shows in 2023 a revenue of 4.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ELECTRICITE GENERALE D'AJACCIO (SIREN 301075214)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 4 782 288 € 2 546 451 € 2 101 159 € 1 746 657 € 1 826 176 € 1 782 749 € 3 712 744 € 2 060 782 €
Net income 32 603 € 542 642 € 120 456 € -161 784 € 151 090 € 48 858 € 43 368 € 181 656 € 175 595 €
EBITDA N/C 677 867 € 90 063 € -180 109 € 105 619 € 56 922 € 57 402 € 280 161 € 109 287 €
Net margin N/C 11.3% 4.7% -7.7% 8.7% 2.7% 2.4% 4.9% 8.5%

Revenue and income statement

In 2024, ELECTRICITE GENERALE D'AJACCIO generates positive net income of 33 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 176 k€ -> 33 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

32 603 €

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Chart evolution

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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 15%. 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 66%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

15.193%

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

66.475%

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

23.2%

Solvency indicators evolution
ELECTRICITE GENERALE D'AJACCIO

Sector positioning

Debt ratio
15.19 2024
2022
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Average -9 pts over 3 years

In 2024, the debt ratio of ELECTRICITE GENERALE D'AJ... (15.19) 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
66.47% 2024
2022
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Excellent

In 2024, the financial autonomy of ELECTRICITE GENERALE D'AJ... (66.5%) 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
0.75 years 2023
2022
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Average -9 pts over 2 years

In 2023, the repayment capacity of ELECTRICITE GENERALE D'AJ... (0.75) 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 411.69. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

411.693

Liquidity indicators evolution
ELECTRICITE GENERALE D'AJACCIO

Sector positioning

Liquidity ratio
411.69 2024
2022
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Excellent

In 2024, the liquidity ratio of ELECTRICITE GENERALE D'AJ... (411.69) 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
0.48x 2023
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Good -19 pts over 2 years

In 2023, the interest coverage of ELECTRICITE GENERALE D'AJ... (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.

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

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
ELECTRICITE GENERALE D'AJACCIO

Positioning of ELECTRICITE GENERALE D'AJACCIO in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 21 528€ to 119 605€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
21k€ 37k€ 119k€
37 187 € Range: 21 528€ - 119 605€
NAF 5 année 2024

Valuation evolution

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 (Travaux d'installation électrique dans tous locaux)

Compare ELECTRICITE GENERALE D'AJACCIO with other companies in the same sector:

Frequently asked questions about ELECTRICITE GENERALE D'AJACCIO

What is the revenue of ELECTRICITE GENERALE D'AJACCIO ?

The revenue of ELECTRICITE GENERALE D'AJACCIO in 2023 is 4.8 M€.

Is ELECTRICITE GENERALE D'AJACCIO profitable?

Yes, ELECTRICITE GENERALE D'AJACCIO generated a net profit of 33 k€ in 2024.

Where is the headquarters of ELECTRICITE GENERALE D'AJACCIO ?

The headquarters of ELECTRICITE GENERALE D'AJACCIO is located in AJACCIO (20090).

Where to find the tax return of ELECTRICITE GENERALE D'AJACCIO ?

The tax return of ELECTRICITE GENERALE D'AJACCIO 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 ELECTRICITE GENERALE D'AJACCIO operate?

ELECTRICITE GENERALE D'AJACCIO operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.