ERTIC INDUSTRIE : revenue, balance sheet and financial ratios

ERTIC INDUSTRIE is a French company founded 26 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in GARDANNE (13120), this company of category PME shows in 2022 a revenue of 957 k€. 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

Financial history - ERTIC INDUSTRIE (SIREN 424042349)
Indicator 2023 2022 2021 2020 2019 2018
Revenue N/C 956 654 € 757 328 € 1 080 917 € 927 329 € 770 106 €
Net income 41 764 € 28 247 € 24 983 € 31 209 € 28 909 € 15 223 €
EBITDA N/C 43 081 € 31 982 € 47 452 € 91 818 € 21 899 €
Net margin N/C 3.0% 3.3% 2.9% 3.1% 2.0%

Revenue and income statement

In 2023, ERTIC INDUSTRIE generates positive net income of 42 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 15 k€ -> 42 k€.

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

41 764 €

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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 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 40%. The balance between equity and debt is satisfactory.

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

17.762%

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

39.946%

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

6.2%

Solvency indicators evolution
ERTIC INDUSTRIE

Sector positioning

Debt ratio
17.76 2023
2021
2022
2023
Q1: 2.01
Med: 20.27
Q3: 56.06
Good -8 pts over 3 years

In 2023, the debt ratio of ERTIC INDUSTRIE (17.76) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
39.95% 2023
2021
2022
2023
Q1: 17.58%
Med: 36.12%
Q3: 55.49%
Good +6 pts over 3 years

In 2023, the financial autonomy of ERTIC INDUSTRIE (40.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
2.57 years 2022
2021
2022
Q1: 0.0 years
Med: 0.38 years
Q3: 1.95 years
Average

In 2022, the repayment capacity of ERTIC INDUSTRIE (2.57) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 186.91. 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

186.91

Liquidity indicators evolution
ERTIC INDUSTRIE

Sector positioning

Liquidity ratio
186.91 2023
2021
2022
2023
Q1: 149.78
Med: 202.47
Q3: 295.42
Average

In 2023, the liquidity ratio of ERTIC INDUSTRIE (186.91) 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
0.0x 2022
2021
2022
Q1: 0.0x
Med: 0.34x
Q3: 2.45x
Average

In 2022, the interest coverage of ERTIC INDUSTRIE (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) 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
ERTIC INDUSTRIE

Positioning of ERTIC INDUSTRIE in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of ERTIC INDUSTRIE is estimated at 115 726 € (range 40 064€ - 221 586€). 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.

Estimated enterprise value 2023
98 tx
40k€ 115k€ 221k€
115 726 € Range: 40 064€ - 221 586€
NAF 5 all-time

Valuation method used

Net Income Multiple
41 764 € × 2.8x = 115 727 €
Range: 40 064€ - 221 587€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare ERTIC INDUSTRIE with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about ERTIC INDUSTRIE

What is the revenue of ERTIC INDUSTRIE ?

The revenue of ERTIC INDUSTRIE in 2022 is 957 k€.

Is ERTIC INDUSTRIE profitable?

Yes, ERTIC INDUSTRIE generated a net profit of 42 k€ in 2023.

Where is the headquarters of ERTIC INDUSTRIE ?

The headquarters of ERTIC INDUSTRIE is located in GARDANNE (13120), in the department Bouches-du-Rhone.

Where to find the tax return of ERTIC INDUSTRIE ?

The tax return of ERTIC INDUSTRIE 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 ERTIC INDUSTRIE operate?

ERTIC INDUSTRIE operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.