ETIX EVERYWHERE FRANCE : revenue, balance sheet and financial ratios

ETIX EVERYWHERE FRANCE is a French company founded 11 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in SAINT-HERBLAIN (44800), this company of category PME shows in 2023 a revenue of 4.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - ETIX EVERYWHERE FRANCE (SIREN 809711856)
Indicator 2023 2022 2021 2020 2019 2017 2016 2015
Revenue 3 961 027 € 1 677 997 € 2 953 091 € 1 278 474 € 1 138 310 € -15 000 € 871 153 € 2 463 000 €
Net income -490 205 € -148 430 € -372 452 € -844 620 € 71 122 € -587 961 € -350 629 € -7 700 €
EBITDA -513 703 € -105 983 € -240 023 € -557 613 € 225 233 € -577 087 € -348 273 € -6 014 €
Net margin -12.4% -8.8% -12.6% -66.1% 6.2% 3919.7% -40.2% -0.3%

Revenue and income statement

In 2023, ETIX EVERYWHERE FRANCE achieves revenue of 4.0 M€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.1%. Vs 2022, growth of +136% (1.7 M€ -> 4.0 M€). After deducting consumption (19 k€), gross margin stands at 3.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -514 k€, representing -13.0% of revenue. Warning negative scissor effect: despite revenue change (+136%), EBITDA varies by -385%, reducing margin by 6.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -490 k€ (-12.4% of revenue), which will impact equity.

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

3 961 027 €

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

3 942 370 €

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

-513 703 €

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

-565 335 €

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

-490 205 €

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

-13.0%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 11253%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

11252.685%

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

0.72%

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

-12.485%

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

-27.929

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

75.5%

Solvency indicators evolution
ETIX EVERYWHERE FRANCE

Sector positioning

Debt ratio
11252.68 2023
2021
2022
2023
Q1: 0.01
Med: 7.48
Q3: 36.19
Watch

In 2023, the debt ratio of ETIX EVERYWHERE FRANCE (11252.68) 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.

Financial autonomy
0.72% 2023
2021
2022
2023
Q1: 8.28%
Med: 37.46%
Q3: 61.24%
Watch

In 2023, the financial autonomy of ETIX EVERYWHERE FRANCE (0.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-27.93 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Excellent +18 pts over 3 years

In 2023, the repayment capacity of ETIX EVERYWHERE FRANCE (-27.93) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 210.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

210.604

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

-26.134

Liquidity indicators evolution
ETIX EVERYWHERE FRANCE

Sector positioning

Liquidity ratio
210.6 2023
2021
2022
2023
Q1: 148.7
Med: 244.94
Q3: 402.57
Average -15 pts over 3 years

In 2023, the liquidity ratio of ETIX EVERYWHERE FRANCE (210.60) 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.

Interest coverage
-26.13x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.4x
Watch +6 pts over 3 years

In 2023, the interest coverage of ETIX EVERYWHERE FRANCE (-26.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 311 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 216 days. The gap of 95 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 461 days of revenue, i.e. 5.1 M€ to permanently finance. Over 2015-2023, WCR increased by +449%, 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

5 069 917 €

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

311 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

216 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

461 j

WCR and payment terms evolution
ETIX EVERYWHERE FRANCE

Positioning of ETIX EVERYWHERE FRANCE in its sector

Comparison with sector Tierce maintenance de systèmes et d’applications informatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 312 276€ to 635 798€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
312k€ 635k€ 635k€
635 798 € Range: 312 276€ - 635 798€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Tierce maintenance de systèmes et d’applications informatiques)

Compare ETIX EVERYWHERE FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Tierce maintenance de systèmes et d’applications informatiques

Frequently asked questions about ETIX EVERYWHERE FRANCE

What is the revenue of ETIX EVERYWHERE FRANCE ?

The revenue of ETIX EVERYWHERE FRANCE in 2023 is 4.0 M€.

Is ETIX EVERYWHERE FRANCE profitable?

ETIX EVERYWHERE FRANCE recorded a net loss in 2023.

Where is the headquarters of ETIX EVERYWHERE FRANCE ?

The headquarters of ETIX EVERYWHERE FRANCE is located in SAINT-HERBLAIN (44800), in the department Loire-Atlantique.

Where to find the tax return of ETIX EVERYWHERE FRANCE ?

The tax return of ETIX EVERYWHERE FRANCE 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 ETIX EVERYWHERE FRANCE operate?

ETIX EVERYWHERE FRANCE operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.