SIREN : 509137642
EL.TEC is a French company founded 17 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in PLAINTEL (22940), this company of category PME shows in 2023 a revenue of 1.4 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 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 1 392 758 € | 1 870 105 € | 2 151 618 € | 1 294 557 € | 1 659 946 € | 1 111 136 € |
| Net income | 162 318 € | 199 893 € | 266 512 € | 93 631 € | 115 516 € | 57 128 € |
| EBITDA | 217 823 € | 266 804 € | 365 344 € | 111 312 € | 150 924 € | 77 476 € |
| Net margin | 11.7% | 10.7% | 12.4% | 7.2% | 7.0% | 5.1% |
In 2023, EL.TEC achieves revenue of 1.4 M€. Revenue is growing positively over 6 years (CAGR: +3.3%). Significant drop of -26% vs 2022. After deducting consumption (661 k€), gross margin stands at 731 k€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 218 k€, representing 15.6% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 162 k€, i.e. 11.7% of revenue. This profit can be retained or distributed to shareholders.
1 392 758 €
731 418 €
217 823 €
212 652 €
162 318 €
15.6%
The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
17.501%
62.838%
12.377%
0.795
13.1%
In 2023, the debt ratio of EL.TEC (17.50) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of EL.TEC (62.8%) 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.
In 2023, the repayment capacity of EL.TEC (0.80) 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 470.70. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.
470.7
1.914
In 2023, the liquidity ratio of EL.TEC (470.70) 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.
In 2023, the interest coverage of EL.TEC (1.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 47 days of revenue, i.e. 182 k€ to permanently finance. Notable WCR improvement over the period (-25%), freeing up cash.
182 382 €
44 j
62 j
29 j
47 j
Based on 104 transactions of similar company sales (all years), the value of EL.TEC is estimated at 266 243 € (range 164 830€ - 801 779€). With an EBITDA of 217 823€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 104 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 EL.TEC with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques
The revenue of EL.TEC in 2023 is 1.4 M€.
Yes, EL.TEC generated a net profit of 162 k€ in 2023.
The headquarters of EL.TEC is located in PLAINTEL (22940), in the department Cotes-d'Armor.
The tax return of EL.TEC 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).
EL.TEC operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.