ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION : revenue, balance sheet and financial ratios

ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION is a French company founded 27 years ago, specialized in the sector Travaux d'isolation. Based in PARIS (75002), this company of category ETI shows in 2022 a revenue of 10.9 M€. 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

Financial history - ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION (SIREN 422239905)
Indicator 2023 2022 2021
Revenue N/C 10 871 104 € 15 458 890 €
Net income -2 434 776 € -599 099 € 666 714 €
EBITDA N/C -537 722 € 980 301 €
Net margin N/C -5.5% 4.3%

Revenue and income statement

In 2023, ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION records a net loss of 2.4 M€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 434 776 €

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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 -564%. 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 -14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-564.286%

Financial autonomy (2023) ?
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

-14.451%

Asset age ratio (2023) ?
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

53.8%

Solvency indicators evolution
ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION

Sector positioning

Debt ratio
-564.29 2023
2021
2022
2023
Q1: 1.33
Med: 18.15
Q3: 58.12
Excellent

In 2023, the debt ratio of ERTI ETUDES REALISATIONS ... (-564.29) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-14.45% 2023
2021
2022
2023
Q1: 11.01%
Med: 31.79%
Q3: 50.55%
Watch -13 pts over 3 years

In 2023, the financial autonomy of ERTI ETUDES REALISATIONS ... (-14.4%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-9.36 years 2022
2021
2022
Q1: 0.0 years
Med: 0.16 years
Q3: 1.68 years
Excellent

In 2022, the repayment capacity of ERTI ETUDES REALISATIONS ... (-9.36) 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 302.86. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

302.862

Liquidity indicators evolution
ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION

Sector positioning

Liquidity ratio
302.86 2023
2021
2022
2023
Q1: 140.06
Med: 193.44
Q3: 286.54
Excellent +53 pts over 3 years

In 2023, the liquidity ratio of ERTI ETUDES REALISATIONS ... (302.86) 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
-0.65x 2022
2021
2022
Q1: 0.0x
Med: 0.19x
Q3: 2.2x
Average -36 pts over 2 years

In 2022, the interest coverage of ERTI ETUDES REALISATIONS ... (-0.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION

Positioning of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION in its sector

Comparison with sector Travaux d'isolation

Similar companies (Travaux d'isolation)

Compare ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'isolation

Frequently asked questions about ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION

What is the revenue of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION ?

The revenue of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION in 2022 is 10.9 M€.

Is ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION profitable?

ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION recorded a net loss in 2023.

Where is the headquarters of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION ?

The headquarters of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION is located in PARIS (75002), in the department Paris.

Where to find the tax return of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION ?

The tax return of ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION 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 ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION operate?

ERTI ETUDES REALISATIONS DE TRAVAUX D ISOLATION operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.