SIREN : 810706598
ETANCHEITE MORBIHANNAISE is a French company founded 11 years ago, specialized in the sector Travaux d'étanchéification. Based in VANNES (56000), this company of category PME shows in 2022 a revenue of 1.3 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
| Indicator | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | N/C | N/C | 1 291 702 € | N/C |
| Net income | 0 € | 0 € | 3 311 € | 0 € |
| EBITDA | N/C | N/C | 1 609 € | N/C |
| Net margin | N/C | N/C | 0.3% | N/C |
In 2024, ETANCHEITE MORBIHANNAISE records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
The debt ratio (= Financial debt / Equity x 100) stands at 277%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory.
277.347%
39.641%
41.3%
In 2024, the debt ratio of ETANCHEITE MORBIHANNAISE (277.35) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of ETANCHEITE MORBIHANNAISE (39.6%) 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 2022, the repayment capacity of ETANCHEITE MORBIHANNAISE (3.87) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 158.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
158.269
In 2024, the liquidity ratio of ETANCHEITE MORBIHANNAISE (158.27) 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 2022, the interest coverage of ETANCHEITE MORBIHANNAISE (82.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 474 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 295 days. The gap of 179 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.
0 €
474 j
295 j
0 j
Compare ETANCHEITE MORBIHANNAISE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of ETANCHEITE MORBIHANNAISE in 2022 is 1.3 M€.
Yes, ETANCHEITE MORBIHANNAISE generated a net profit of 3 k€ in 2022.
The headquarters of ETANCHEITE MORBIHANNAISE is located in VANNES (56000), in the department Morbihan.
The tax return of ETANCHEITE MORBIHANNAISE 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).
ETANCHEITE MORBIHANNAISE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.