ESTHER ENERGIE SCIENCES THERMODYNAMIQUES : revenue, balance sheet and financial ratios

ESTHER ENERGIE SCIENCES THERMODYNAMIQUES is a French company founded 13 years ago, specialized in the sector Ingénierie, études techniques. Based in VIUZ-EN-SALLAZ (74250), this company of category PME shows in 2020 a revenue of 48 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ESTHER ENERGIE SCIENCES THERMODYNAMIQUES (SIREN 794439463)
Indicator 2020 2019 2018 2017 2016
Revenue 48 000 € 39 419 € 8 944 € N/C 7 480 €
Net income -15 491 € -28 548 € -69 812 € 137 906 € 144 451 €
EBITDA 20 590 € 6 314 € -34 825 € -41 435 € -9 236 €
Net margin -32.3% -72.4% -780.5% N/C 1931.2%

Revenue and income statement

In 2020, ESTHER ENERGIE SCIENCES THERMODYNAMIQUES achieves revenue of 48 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +59.2%. Vs 2019, growth of +22% (39 k€ -> 48 k€). After deducting consumption (0 €), gross margin stands at 48 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 42.9% of revenue. Positive scissor effect: EBITDA margin improves by +26.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -15 k€ (-32.3% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

48 000 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

48 000 €

EBITDA (2020) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

20 590 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-15 454 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-15 491 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

42.9%

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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 16%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

15.649%

Financial autonomy (2020) ?
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

13.352%

Cash flow / Revenue (2020) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-19.558%

Repayment capacity (2020) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2020) ?
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

21.4%

Solvency indicators evolution
ESTHER ENERGIE SCIENCES THERMODYNAMIQUES

Sector positioning

Debt ratio
15.65 2020
2018
2019
2020
Q1: 0.0
Med: 11.19
Q3: 69.72
Average +9 pts over 3 years

In 2020, the debt ratio of ESTHER ENERGIE SCIENCES T... (15.65) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
13.35% 2020
2018
2019
2020
Q1: 10.17%
Med: 35.02%
Q3: 59.62%
Average

In 2020, the financial autonomy of ESTHER ENERGIE SCIENCES T... (13.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 1.16 years
Excellent

In 2020, the repayment capacity of ESTHER ENERGIE SCIENCES T... (0.00) 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 241.93. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

241.933

Interest coverage (2020) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
ESTHER ENERGIE SCIENCES THERMODYNAMIQUES

Sector positioning

Liquidity ratio
241.93 2020
2018
2019
2020
Q1: 149.47
Med: 235.31
Q3: 397.06
Good -24 pts over 3 years

In 2020, the liquidity ratio of ESTHER ENERGIE SCIENCES T... (241.93) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.86x
Average

In 2020, the interest coverage of ESTHER ENERGIE SCIENCES T... (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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Overall, WCR represents 267 days of revenue, i.e. 36 k€ to permanently finance. Over 2016-2020, WCR increased by +326%, requiring additional financing.

Operating WCR (2020) ?
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

35 571 €

Customer credit (2020) ?
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 (2020) ?
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

13 j

Inventory turnover (2020) ?
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 in days of revenue (2020) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

267 j

WCR and payment terms evolution
ESTHER ENERGIE SCIENCES THERMODYNAMIQUES

Positioning of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (36 transactions). This range of 18 568€ to 93 981€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2020
Indicative
18k€ 57k€ 93k€
57 162 € Range: 18 568€ - 93 981€
NAF 5 année 2020

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 36 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 (Ingénierie, études techniques)

Compare ESTHER ENERGIE SCIENCES THERMODYNAMIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about ESTHER ENERGIE SCIENCES THERMODYNAMIQUES

What is the revenue of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES ?

The revenue of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES in 2020 is 48 k€.

Is ESTHER ENERGIE SCIENCES THERMODYNAMIQUES profitable?

ESTHER ENERGIE SCIENCES THERMODYNAMIQUES recorded a net loss in 2020.

Where is the headquarters of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES ?

The headquarters of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES is located in VIUZ-EN-SALLAZ (74250), in the department Haute-Savoie.

Where to find the tax return of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES ?

The tax return of ESTHER ENERGIE SCIENCES THERMODYNAMIQUES 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 ESTHER ENERGIE SCIENCES THERMODYNAMIQUES operate?

ESTHER ENERGIE SCIENCES THERMODYNAMIQUES operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.