SIREN : 524949203
ERTEX is a French company founded 16 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in BORDEAUX (33000), this company of category PME shows in 2019 a revenue of 513 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 512 833 € | 652 322 € | 735 673 € | 760 319 € |
| Net income | 27 597 € | 1 016 € | 9 941 € | -75 292 € |
| EBITDA | 26 374 € | 19 862 € | 8 847 € | -61 667 € |
| Net margin | 5.4% | 0.2% | 1.4% | -9.9% |
In 2019, ERTEX achieves revenue of 513 k€. Revenue is declining over the period 2016-2019 (CAGR: -12.3%). Significant drop of -21% vs 2018. After deducting consumption (299 k€), gross margin stands at 214 k€, i.e. a rate of 42%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 26 k€, representing 5.1% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 28 k€, i.e. 5.4% of revenue. This profit can be retained or distributed to shareholders.
512 833 €
213 824 €
26 374 €
16 078 €
27 597 €
5.1%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 64%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
1.305%
63.627%
5.768%
0.003
15.0%
In 2019, the debt ratio of ERTEX (1.30) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2019, the financial autonomy of ERTEX (63.6%) 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.
In 2019, the repayment capacity of ERTEX (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 140.53. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
140.526
0.0
In 2019, the liquidity ratio of ERTEX (140.53) 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.
In 2019, the interest coverage of ERTEX (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 143 days. Excellent situation: suppliers finance 136 days of the operating cycle (retail model). Inventory turnover is 134 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 235 days of revenue, i.e. 335 k€ to permanently finance. Over 2016-2019, WCR increased by +22%, requiring additional financing.
335 152 €
7 j
143 j
134 j
235 j
Based on 146 transactions of similar company sales in 2019, the value of ERTEX is estimated at 120 869 € (range 56 791€ - 263 413€). With an EBITDA of 26 374€, the sector multiple of 2.9x is applied. The price/revenue ratio is 0.34x (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.
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This estimate is based on the analysis of 146 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 ERTEX with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé
The revenue of ERTEX in 2019 is 513 k€.
Yes, ERTEX generated a net profit of 28 k€ in 2019.
The headquarters of ERTEX is located in BORDEAUX (33000), in the department Gironde.
The tax return of ERTEX 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).
ERTEX operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.