SIREN : 347706269
ETA 4 OUEST is a French company founded 37 years ago, specialized in the sector Activités de soutien aux cultures. Based in PLOUEDERN (29800), this company of category PME shows in 2023 a revenue of 1.8 M€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 824 171 € | 1 621 711 € | 1 494 009 € | 1 766 960 € | 1 858 325 € | 1 362 188 € | 1 576 853 € | 1 524 888 € |
| Net income | 39 412 € | 59 709 € | 90 197 € | 198 002 € | 384 946 € | -222 802 € | 21 233 € | 19 368 € |
| EBITDA | 167 926 € | 198 753 € | 141 424 € | 345 875 € | 452 535 € | -119 824 € | 230 772 € | 259 423 € |
| Net margin | 2.2% | 3.7% | 6.0% | 11.2% | 20.7% | -16.4% | 1.3% | 1.3% |
In 2023, ETA 4 OUEST achieves revenue of 1.8 M€. Revenue is growing positively over 8 years (CAGR: +2.3%). Vs 2022, growth of +12% (1.6 M€ -> 1.8 M€). After deducting consumption (368 k€), gross margin stands at 1.5 M€, i.e. a rate of 80%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 168 k€, representing 9.2% of revenue. Warning negative scissor effect: despite revenue change (+12%), EBITDA varies by -16%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 39 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.
1 824 171 €
1 455 985 €
167 926 €
3 538 €
39 412 €
9.1%
The debt ratio (= Financial debt / Equity x 100) stands at 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
101.548%
36.501%
9.807%
3.83
25.9%
In 2023, the debt ratio of ETA 4 OUEST (101.55) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of ETA 4 OUEST (36.5%) 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.
In 2023, the repayment capacity of ETA 4 OUEST (3.83) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 158.36. 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 4.2x. Financial charges are adequately covered by operations.
158.359
4.238
In 2023, the liquidity ratio of ETA 4 OUEST (158.36) 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 2023, the interest coverage of ETA 4 OUEST (4.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 74 days. The company must finance 18 days of gap between collections and payments. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 113 days of revenue, i.e. 571 k€ to permanently finance. Over 2015-2023, WCR increased by +85%, requiring additional financing.
570 801 €
92 j
74 j
4 j
113 j
Based on 50 transactions of similar company sales
(all years),
the value of ETA 4 OUEST is estimated at
444 522 €
(range 156 754€ - 771 628€).
With an EBITDA of 167 926€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.37x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 50 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 ETA 4 OUEST with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de soutien aux cultures
The revenue of ETA 4 OUEST in 2023 is 1.8 M€.
Yes, ETA 4 OUEST generated a net profit of 39 k€ in 2023.
The headquarters of ETA 4 OUEST is located in PLOUEDERN (29800), in the department Finistere.
The tax return of ETA 4 OUEST 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).
ETA 4 OUEST operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.