ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH : revenue, balance sheet and financial ratios

ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH is a French company founded 11 years ago, specialized in the sector Ingénierie, études techniques. Based in CUCQ (62780), this company of category PME shows in 2020 a revenue of 112 k€. 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 - ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH (SIREN 808165302)
Indicator 2020 2019 2018 2017 2016
Revenue 112 155 € 115 237 € 42 949 € 30 870 € 33 210 €
Net income 43 980 € 43 947 € -788 € -12 380 € -1 888 €
EBITDA 61 884 € 60 311 € 16 640 € 7 956 € 18 409 €
Net margin 39.2% 38.1% -1.8% -40.1% -5.7%

Revenue and income statement

In 2020, ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH achieves revenue of 112 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +35.6%. Slight decline of -3% vs 2019. After deducting consumption (47 k€), gross margin stands at 65 k€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 62 k€, representing 55.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.8 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 44 k€, i.e. 39.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

112 155 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

65 408 €

EBITDA (2020) ?
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

61 884 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

51 192 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

43 980 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

55.2%

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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 0%. 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 74%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 49.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.141%

Financial autonomy (2020) ?
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

73.736%

Cash flow / Revenue (2020) ?
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

49.711%

Repayment capacity (2020) ?
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

0.002

Asset age ratio (2020) ?
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

1.3%

Solvency indicators evolution
ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH

Sector positioning

Debt ratio
0.14 2020
2018
2019
2020
Q1: 0.0
Med: 11.18
Q3: 69.7
Good

In 2020, the debt ratio of ETUDES ET FABRICATIONS D ... (0.14) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
73.74% 2020
2018
2019
2020
Q1: 10.17%
Med: 35.0%
Q3: 59.64%
Excellent +50 pts over 3 years

In 2020, the financial autonomy of ETUDES ET FABRICATIONS D ... (73.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 1.16 years
Good -25 pts over 3 years

In 2020, the repayment capacity of ETUDES ET FABRICATIONS D ... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 373.44. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2020) ?
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

373.441

Interest coverage (2020) ?
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

1.504

Liquidity indicators evolution
ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH

Sector positioning

Liquidity ratio
373.44 2020
2018
2019
2020
Q1: 149.43
Med: 235.28
Q3: 397.34
Good +25 pts over 3 years

In 2020, the liquidity ratio of ETUDES ET FABRICATIONS D ... (373.44) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
1.5x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.85x
Excellent

In 2020, the interest coverage of ETUDES ET FABRICATIONS D ... (1.5x) 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. Average customer payment term: 101 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 121 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 23 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 121 days of revenue, i.e. 38 k€ to permanently finance.

Operating WCR (2020) ?
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

37 798 €

Customer credit (2020) ?
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

101 j

Supplier credit (2020) ?
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

121 j

Inventory turnover (2020) ?
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

23 j

WCR in days of revenue (2020) ?
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

121 j

WCR and payment terms evolution
ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH

Positioning of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (36 transactions). This range of 54 706€ to 270 958€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2020
Indicative
54k€ 154k€ 270k€
154 610 € Range: 54 706€ - 270 958€
NAF 5 année 2020

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 36 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 (Ingénierie, études techniques)

Compare ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH

What is the revenue of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH ?

The revenue of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH in 2020 is 112 k€.

Is ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH profitable?

Yes, ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH generated a net profit of 44 k€ in 2020.

Where is the headquarters of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH ?

The headquarters of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH is located in CUCQ (62780), in the department Pas-de-Calais.

Where to find the tax return of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH ?

The tax return of ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH 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 ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH operate?

ETUDES ET FABRICATIONS D OUVRAGES HYDRAULIQUES - EFOH operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.