ETUDES REALISATIONS L.SORRIDENTE : revenue, balance sheet and financial ratios

ETUDES REALISATIONS L.SORRIDENTE is a French company founded 32 years ago, specialized in the sector Ingénierie, études techniques. Based in SAINT-PAUL-DE-VENCE (06570), this company of category PME shows in 2023 a revenue of 628 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - ETUDES REALISATIONS L.SORRIDENTE (SIREN 393391180)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 627 873 € 576 803 € 417 489 € 523 895 € 366 281 € 319 611 € 580 244 € 852 787 € 947 414 € 412 617 €
Net income 5 580 € 10 009 € -77 011 € -154 200 € -85 151 € 168 325 € 47 385 € 73 264 € 748 349 € 54 845 €
EBITDA 80 449 € 20 846 € -51 066 € -142 776 € -149 023 € -200 379 € -24 442 € 156 278 € 256 917 € -191 755 €
Net margin 0.9% 1.7% -18.4% -29.4% -23.2% 52.7% 8.2% 8.6% 79.0% 13.3%

Revenue and income statement

In 2023, ETUDES REALISATIONS L.SORRIDENTE achieves revenue of 628 k€. Revenue is growing positively over 10 years (CAGR: +4.8%). Vs 2022: +9%. After deducting consumption (0 €), gross margin stands at 628 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 12.8% of revenue. Positive scissor effect: EBITDA margin improves by +9.2 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

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

627 873 €

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

627 873 €

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

80 449 €

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

3 990 €

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

5 580 €

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

12.8%

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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 16%. 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 61%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.8% 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 (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

16.379%

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

60.725%

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

12.79%

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

0.504

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

4.8%

Solvency indicators evolution
ETUDES REALISATIONS L.SORRIDENTE

Sector positioning

Debt ratio
16.38 2023
2021
2022
2023
Q1: 0.0
Med: 9.45
Q3: 51.18
Average +29 pts over 3 years

In 2023, the debt ratio of ETUDES REALISATIONS L.SOR... (16.38) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
60.73% 2023
2021
2022
2023
Q1: 11.11%
Med: 37.16%
Q3: 60.82%
Good

In 2023, the financial autonomy of ETUDES REALISATIONS L.SOR... (60.7%) 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.

Repayment capacity
0.5 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.07 years
Average +37 pts over 3 years

In 2023, the repayment capacity of ETUDES REALISATIONS L.SOR... (0.50) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 326.06. 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

326.06

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

0.0

Liquidity indicators evolution
ETUDES REALISATIONS L.SORRIDENTE

Sector positioning

Liquidity ratio
326.06 2023
2021
2022
2023
Q1: 150.43
Med: 232.3
Q3: 397.23
Good -11 pts over 3 years

In 2023, the liquidity ratio of ETUDES REALISATIONS L.SOR... (326.06) 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
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.86x
Average

In 2023, the interest coverage of ETUDES REALISATIONS L.SOR... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 123 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The gap of 106 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 86 days of revenue, i.e. 149 k€ to permanently finance. Over 2014-2023, WCR increased by +454%, 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

149 333 €

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

123 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

17 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

86 j

WCR and payment terms evolution
ETUDES REALISATIONS L.SORRIDENTE

Positioning of ETUDES REALISATIONS L.SORRIDENTE in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 54 413€ to 170 362€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
54k€ 118k€ 170k€
118 151 € Range: 54 413€ - 170 362€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 REALISATIONS L.SORRIDENTE with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about ETUDES REALISATIONS L.SORRIDENTE

What is the revenue of ETUDES REALISATIONS L.SORRIDENTE ?

The revenue of ETUDES REALISATIONS L.SORRIDENTE in 2023 is 628 k€.

Is ETUDES REALISATIONS L.SORRIDENTE profitable?

Yes, ETUDES REALISATIONS L.SORRIDENTE generated a net profit of 6 k€ in 2023.

Where is the headquarters of ETUDES REALISATIONS L.SORRIDENTE ?

The headquarters of ETUDES REALISATIONS L.SORRIDENTE is located in SAINT-PAUL-DE-VENCE (06570), in the department Alpes-Maritimes.

Where to find the tax return of ETUDES REALISATIONS L.SORRIDENTE ?

The tax return of ETUDES REALISATIONS L.SORRIDENTE 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 REALISATIONS L.SORRIDENTE operate?

ETUDES REALISATIONS L.SORRIDENTE operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.