ETS FUNEL : revenue, balance sheet and financial ratios

ETS FUNEL is a French company founded 38 years ago, specialized in the sector Commerce de détail de matériels audio et vidéo en magasin spécialisé. Based in DIGNE-LES-BAINS (04000), this company of category PME shows in 2020 a revenue of 2.6 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

Financial history - ETS FUNEL (SIREN 342118239)
Indicator 2024 2023 2020 2019 2018 2017 2016
Revenue N/C N/C 2 600 224 € 1 510 905 € 1 007 764 € 1 231 814 € 1 218 157 €
Net income -189 636 € -49 671 € -37 001 € -41 422 € 3 758 € -22 976 € 8 651 €
EBITDA N/C N/C 153 408 € -58 852 € -33 261 € -70 555 € 53 092 €
Net margin N/C N/C -1.4% -2.7% 0.4% -1.9% 0.7%

Revenue and income statement

In 2024, ETS FUNEL records a net loss of 190 k€. This deficit will reduce equity on the balance sheet.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-189 636 €

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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 527%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

527.173%

Financial autonomy (2024) ?
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

5.795%

Asset age ratio (2024) ?
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

31.7%

Solvency indicators evolution
ETS FUNEL

Sector positioning

Debt ratio
527.17 2024
2020
2023
2024
Q1: 3.36
Med: 22.16
Q3: 79.26
Watch

In 2024, the debt ratio of ETS FUNEL (527.17) 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
5.79% 2024
2020
2023
2024
Q1: 13.26%
Med: 40.32%
Q3: 60.35%
Watch

In 2024, the financial autonomy of ETS FUNEL (5.8%) 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
24.55 years 2020
2020
Q1: 0.0 years
Med: 0.51 years
Q3: 3.14 years
Watch

In 2020, the repayment capacity of ETS FUNEL (24.55) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 78.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

78.567

Liquidity indicators evolution
ETS FUNEL

Sector positioning

Liquidity ratio
78.57 2024
2020
2023
2024
Q1: 142.55
Med: 207.57
Q3: 301.25
Watch -11 pts over 3 years

In 2024, the liquidity ratio of ETS FUNEL (78.57) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
3.65x 2020
2020
Q1: 0.0x
Med: 0.04x
Q3: 2.53x
Excellent

In 2020, the interest coverage of ETS FUNEL (3.6x) 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.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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 and payment terms evolution
ETS FUNEL

Positioning of ETS FUNEL in its sector

Comparison with sector Commerce de détail de matériels audio et vidéo en magasin spécialisé

Similar companies (Commerce de détail de matériels audio et vidéo en magasin spécialisé)

Compare ETS FUNEL with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail de matériels audio et vidéo en magasin spécialisé

Frequently asked questions about ETS FUNEL

What is the revenue of ETS FUNEL ?

The revenue of ETS FUNEL in 2020 is 2.6 M€.

Is ETS FUNEL profitable?

ETS FUNEL recorded a net loss in 2024.

Where is the headquarters of ETS FUNEL ?

The headquarters of ETS FUNEL is located in DIGNE-LES-BAINS (04000), in the department Alpes-de-Haute-Provence.

Where to find the tax return of ETS FUNEL ?

The tax return of ETS FUNEL 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 ETS FUNEL operate?

ETS FUNEL operates in the sector Commerce de détail de matériels audio et vidéo en magasin spécialisé (NAF code 47.43Z). See the 'Sector positioning' section above to compare the company with its competitors.