ENERGIE EOLIENNE DE VERNOUX EN GATINE : revenue, balance sheet and financial ratios

In 2024, ENERGIE EOLIENNE DE VERNOUX EN GATINE achieves revenue of 1.7 M€. Revenue is growing positively over 9 years (CAGR: +0.4%). Significant drop of -17% vs 2023. After deducting consumption (0 €), gross margin stands at 1.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 73.3% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -21%, reducing margin by 3.9 pts. This reflects costs rising faster than 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 290 k€, i.e. 16.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 56%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 66.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 227.33. 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 2.1x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 90 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. The company must finance 23 days of gap between collections and payments. Overall, WCR represents 22 days of revenue, i.e. 108 k€ to permanently finance. Over 2016-2024, WCR increased by +364%, requiring additional financing.

Based on 85 transactions of similar company sales (all years), the value of ENERGIE EOLIENNE DE VERNOUX EN GATINE is estimated at 2 068 807 € (range 282 535€ - 8 229 052€). With an EBITDA of 1 273 752€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.69x (in line with sector norms). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.