ETABLISSEMENTS ERDESA : revenue, balance sheet and financial ratios

ETABLISSEMENTS ERDESA is a French company founded 70 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in MULHOUSE (68100), this company of category PME shows in 2023 a revenue of 61 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

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

Financial history - ETABLISSEMENTS ERDESA (SIREN 945651693)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 60 953 € 59 760 € 60 589 € 49 886 € 40 136 € 55 362 € 55 088 € 53 104 €
Net income 33 959 € 32 194 € 48 335 € 28 430 € 35 462 € 21 510 € 31 417 € 30 126 €
EBITDA 14 498 € 19 098 € 8 745 € 26 003 € -13 079 € 16 967 € 25 949 € -12 078 €
Net margin 55.7% 53.9% 79.8% 57.0% 88.4% 38.9% 57.0% 56.7%

Revenue and income statement

In 2023, ETABLISSEMENTS ERDESA achieves revenue of 61 k€. Revenue is growing positively over 8 years (CAGR: +2.0%). Vs 2022: +2%. After deducting consumption (0 €), gross margin stands at 61 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 14 k€, representing 23.8% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -24%, reducing margin by 8.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 55.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

60 953 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

60 953 €

EBITDA (2023) ?
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

14 498 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 444 €

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

33 959 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

23.8%

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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 51%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. 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 8.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 77.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

50.696%

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

62.975%

Cash flow / Revenue (2023) ?
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

77.132%

Repayment capacity (2023) ?
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

8.341

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

16.4%

Solvency indicators evolution
ETABLISSEMENTS ERDESA

Sector positioning

Debt ratio
50.7 2023
2021
2022
2023
Q1: -24.74
Med: 7.74
Q3: 166.51
Average

In 2023, the debt ratio of ETABLISSEMENTS ERDESA (50.70) 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
62.98% 2023
2021
2022
2023
Q1: 0.44%
Med: 30.96%
Q3: 76.23%
Good

In 2023, the financial autonomy of ETABLISSEMENTS ERDESA (63.0%) 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
8.34 years 2023
2021
2022
2023
Q1: -0.29 years
Med: 0.44 years
Q3: 10.35 years
Average

In 2023, the repayment capacity of ETABLISSEMENTS ERDESA (8.34) 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 3256.62. 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 502.1x. Operating income very largely covers interest expenses: high safety margin.

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

3256.616

Interest coverage (2023) ?
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

502.104

Liquidity indicators evolution
ETABLISSEMENTS ERDESA

Sector positioning

Liquidity ratio
3256.62 2023
2021
2022
2023
Q1: 95.26
Med: 298.5
Q3: 1223.94
Excellent

In 2023, the liquidity ratio of ETABLISSEMENTS ERDESA (3256.62) 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
502.1x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 17.0x
Excellent

In 2023, the interest coverage of ETABLISSEMENTS ERDESA (502.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 167 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 170 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Overall, WCR represents 46 days of revenue, i.e. 8 k€ to permanently finance. Over 2016-2023, WCR increased by +189%, requiring additional financing.

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

7 835 €

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

167 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

170 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 in days of revenue (2023) ?
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

46 j

WCR and payment terms evolution
ETABLISSEMENTS ERDESA

Positioning of ETABLISSEMENTS ERDESA in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 215 transactions of similar company sales in 2023, the value of ETABLISSEMENTS ERDESA is estimated at 85 213 € (range 27 848€ - 155 934€). With an EBITDA of 14 498€, the sector multiple of 5.2x is applied. The price/revenue ratio is 0.51x (in line with sector norms). 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.

Estimated enterprise value 2023
215 transactions
27k€ 85k€ 155k€
85 213 € Range: 27 848€ - 155 934€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
14 498 € × 5.2x
Estimation 74 716 €
18 956€ - 120 056€
Revenue Multiple 30%
60 953 € × 0.51x
Estimation 31 124 €
14 172€ - 71 202€
Net Income Multiple 20%
33 959 € × 5.7x
Estimation 192 593 €
70 594€ - 372 729€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Location de terrains et d'autres biens immobiliers)

Compare ETABLISSEMENTS ERDESA with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about ETABLISSEMENTS ERDESA

What is the revenue of ETABLISSEMENTS ERDESA ?

The revenue of ETABLISSEMENTS ERDESA in 2023 is 61 k€.

Is ETABLISSEMENTS ERDESA profitable?

Yes, ETABLISSEMENTS ERDESA generated a net profit of 34 k€ in 2023.

Where is the headquarters of ETABLISSEMENTS ERDESA ?

The headquarters of ETABLISSEMENTS ERDESA is located in MULHOUSE (68100), in the department Haut-Rhin.

Where to find the tax return of ETABLISSEMENTS ERDESA ?

The tax return of ETABLISSEMENTS ERDESA 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 ETABLISSEMENTS ERDESA operate?

ETABLISSEMENTS ERDESA operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.