SIREN : 839637287
ETHAN is a French company founded 8 years ago, specialized in the sector Activités des sièges sociaux. Based in AIX-EN-PROVENCE (13100), this company of category PME shows in 2025 a revenue of 214 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 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 214 219 € | 213 800 € | 169 050 € | 132 743 € |
| Net income | 946 026 € | 937 679 € | 3 010 331 € | 383 958 € |
| EBITDA | 129 795 € | 124 017 € | 92 760 € | 128 506 € |
| Net margin | 441.6% | 438.6% | 1780.7% | 289.2% |
In 2025, ETHAN achieves revenue of 214 k€. Over the period 2022-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +17.3%. Vs 2024: +0%. After deducting consumption (0 €), gross margin stands at 214 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 130 k€, representing 60.6% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 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 946 k€, i.e. 441.6% of revenue. This profit can be retained or distributed to shareholders.
214 219 €
214 219 €
129 795 €
120 928 €
946 026 €
60.6%
The debt ratio (= Financial debt / Equity x 100) stands at 21%. 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 82%. 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 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 448.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
21.352%
82.103%
447.975%
1.822
30.6%
In 2025, the debt ratio of ETHAN (21.35) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2025, the financial autonomy of ETHAN (82.1%) 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 2025, the repayment capacity of ETHAN (1.82) 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 9291.50. 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 93.7x. Operating income very largely covers interest expenses: high safety margin.
9291.502
93.659
In 2025, the liquidity ratio of ETHAN (9291.50) 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.
In 2025, the interest coverage of ETHAN (93.7x) 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: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Overall, WCR represents 4319 days of revenue, i.e. 2.6 M€ to permanently finance. Over 2022-2025, WCR increased by +371%, requiring additional financing.
2 570 155 €
12 j
73 j
0 j
4319 j
Based on 54 transactions of similar company sales
in 2025,
the value of ETHAN is estimated at
633 062 €
(range 212 902€ - 1 287 181€).
With an EBITDA of 129 795€, the sector multiple of 1.1x is applied.
The price/revenue ratio is 0.63x
(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 54 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 ETHAN with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of ETHAN in 2025 is 214 k€.
Yes, ETHAN generated a net profit of 946 k€ in 2025.
The headquarters of ETHAN is located in AIX-EN-PROVENCE (13100), in the department Bouches-du-Rhone.
The tax return of ETHAN 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).
ETHAN operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.