ELECTRO TECHNIQUE INDUSTRIELLE ETI : revenue, balance sheet and financial ratios

ELECTRO TECHNIQUE INDUSTRIELLE ETI is a French company founded 32 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in ECOUFLANT (49000), this company of category ETI shows in 2024 a revenue of 4.1 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 - ELECTRO TECHNIQUE INDUSTRIELLE ETI (SIREN 392566071)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 4 103 826 € 6 126 933 € 5 086 448 € 4 465 750 € 3 848 518 € 5 388 623 € 3 291 119 € N/C N/C
Net income -320 939 € 165 848 € 161 345 € 130 209 € 44 621 € 104 352 € -80 275 € 6 530 € -485 838 €
EBITDA -67 942 € 66 347 € 93 285 € 54 895 € -25 102 € 78 419 € -265 257 € N/C N/C
Net margin -7.8% 2.7% 3.2% 2.9% 1.2% 1.9% -2.4% N/C N/C

Revenue and income statement

In 2024, ELECTRO TECHNIQUE INDUSTRIELLE ETI achieves revenue of 4.1 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Significant drop of -33% vs 2023. After deducting consumption (1.3 M€), gross margin stands at 2.8 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -68 k€, representing -1.7% of revenue. Warning negative scissor effect: despite revenue change (-33%), EBITDA varies by -202%, reducing margin by 2.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -321 k€ (-7.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 103 826 €

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

2 754 107 €

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

-67 942 €

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

-339 134 €

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

-320 939 €

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

-1.7%

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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 89%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory.

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

88.718%

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

20.588%

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

-1.956%

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

-5.016

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

6.4%

Solvency indicators evolution
ELECTRO TECHNIQUE INDUSTRIELLE ETI

Sector positioning

Debt ratio
88.72 2024
2022
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Average +49 pts over 3 years

In 2024, the debt ratio of ELECTRO TECHNIQUE INDUSTR... (88.72) 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
20.59% 2024
2022
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Average -14 pts over 3 years

In 2024, the financial autonomy of ELECTRO TECHNIQUE INDUSTR... (20.6%) 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
-5.02 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.9 years
Excellent -17 pts over 3 years

In 2024, the repayment capacity of ELECTRO TECHNIQUE INDUSTR... (-5.02) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 181.13. 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

181.127

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

-46.394

Liquidity indicators evolution
ELECTRO TECHNIQUE INDUSTRIELLE ETI

Sector positioning

Liquidity ratio
181.13 2024
2022
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Average +10 pts over 3 years

In 2024, the liquidity ratio of ELECTRO TECHNIQUE INDUSTR... (181.13) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
-46.39x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Watch -26 pts over 3 years

In 2024, the interest coverage of ELECTRO TECHNIQUE INDUSTR... (-46.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 119 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The gap of 56 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 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 55 days of revenue, i.e. 625 k€ 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

625 218 €

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

119 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

63 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

10 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

55 j

WCR and payment terms evolution
ELECTRO TECHNIQUE INDUSTRIELLE ETI

Positioning of ELECTRO TECHNIQUE INDUSTRIELLE ETI 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 566 398€ to 1 281 094€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
566k€ 668k€ 1281k€
668 463 € Range: 566 398€ - 1 281 094€
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 ELECTRO TECHNIQUE INDUSTRIELLE ETI with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about ELECTRO TECHNIQUE INDUSTRIELLE ETI

What is the revenue of ELECTRO TECHNIQUE INDUSTRIELLE ETI ?

The revenue of ELECTRO TECHNIQUE INDUSTRIELLE ETI in 2024 is 4.1 M€.

Is ELECTRO TECHNIQUE INDUSTRIELLE ETI profitable?

ELECTRO TECHNIQUE INDUSTRIELLE ETI recorded a net loss in 2024.

Where is the headquarters of ELECTRO TECHNIQUE INDUSTRIELLE ETI ?

The headquarters of ELECTRO TECHNIQUE INDUSTRIELLE ETI is located in ECOUFLANT (49000), in the department Maine-et-Loire.

Where to find the tax return of ELECTRO TECHNIQUE INDUSTRIELLE ETI ?

The tax return of ELECTRO TECHNIQUE INDUSTRIELLE ETI 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 ELECTRO TECHNIQUE INDUSTRIELLE ETI operate?

ELECTRO TECHNIQUE INDUSTRIELLE ETI 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.