SIREN : 421193277
ETAP is a French company founded 27 years ago, specialized in the sector Activités des sociétés holding. Based in VAULX-EN-VELIN (69120), this company of category PME shows in 2022 a revenue of 424 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 423 600 € | 363 600 € | 363 600 € | 363 600 € | 363 600 € | 323 600 € | 323 600 € | 303 600 € |
| Net income | 133 836 € | 106 629 € | 9 553 € | 98 261 € | 129 648 € | 135 295 € | 146 370 € | 142 128 € |
| EBITDA | 79 618 € | -1 422 € | -41 172 € | -19 702 € | 15 015 € | -1 053 € | 51 706 € | 53 490 € |
| Net margin | 31.6% | 29.3% | 2.6% | 27.0% | 35.7% | 41.8% | 45.2% | 46.8% |
In 2022, ETAP achieves revenue of 424 k€. Revenue is growing positively over 8 years (CAGR: +4.9%). Vs 2021, growth of +17% (364 k€ -> 424 k€). After deducting consumption (0 €), gross margin stands at 424 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 80 k€, representing 18.8% of revenue. Positive scissor effect: EBITDA margin improves by +19.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 134 k€, i.e. 31.6% of revenue. This profit can be retained or distributed to shareholders.
423 600 €
423 600 €
79 618 €
79 603 €
133 836 €
18.8%
The debt ratio (= Financial debt / Equity x 100) stands at 6%. 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 85%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 31.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
6.069%
84.584%
31.595%
0.259
In 2022, the debt ratio of ETAP (6.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2022, the financial autonomy of ETAP (84.6%) 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 ETAP (0.26) 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 177.67. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
177.667
0.428
In 2022, the liquidity ratio of ETAP (177.67) 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 ETAP (0.4x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 966 days. Excellent situation: suppliers finance 912 days of the operating cycle (retail model). Overall, WCR represents 31 days of revenue, i.e. 36 k€ to permanently finance. Over 2015-2022, WCR increased by +376%, requiring additional financing.
36 112 €
54 j
966 j
0 j
31 j
Based on 70 transactions of similar company sales
in 2022,
the value of ETAP is estimated at
280 504 €
(range 117 075€ - 660 130€).
With an EBITDA of 79 618€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.67x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 70 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 ETAP with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of ETAP in 2022 is 424 k€.
Yes, ETAP generated a net profit of 134 k€ in 2022.
The headquarters of ETAP is located in VAULX-EN-VELIN (69120), in the department Rhone.
The tax return of ETAP 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).
ETAP operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.