ETUDES REPRESENTATION MATIERE ELECTRIQUE : revenue, balance sheet and financial ratios

ETUDES REPRESENTATION MATIERE ELECTRIQUE is a French company founded 34 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de matériel électrique. Based in LABARTHE-SUR-LEZE (31860), this company of category PME shows in 2023 a revenue of 183 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 REPRESENTATION MATIERE ELECTRIQUE (SIREN 384313029)
Indicator 2023 2022 2021 2020
Revenue 183 167 € 42 575 € 276 247 € 319 183 €
Net income 426 € -3 924 € 22 844 € 6 599 €
EBITDA 2 132 € -3 117 € 27 915 € 6 828 €
Net margin 0.2% -9.2% 8.3% 2.1%

Revenue and income statement

In 2023, ETUDES REPRESENTATION MATIERE ELECTRIQUE achieves revenue of 183 k€. Revenue is declining over the period 2020-2023 (CAGR: -16.9%). Vs 2022, growth of +330% (43 k€ -> 183 k€). After deducting consumption (141 k€), gross margin stands at 42 k€, i.e. a rate of 23%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2 k€, representing 1.2% of revenue. Positive scissor effect: EBITDA margin improves by +8.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 426 €, i.e. 0.2% 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

183 167 €

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

41 973 €

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

2 132 €

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

996 €

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

426 €

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

1.2%

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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 3%. 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 63%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

2.592%

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

63.406%

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

0.516%

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

1.663

Solvency indicators evolution
ETUDES REPRESENTATION MATIERE ELECTRIQUE

Sector positioning

Debt ratio
2.59 2023
2021
2022
2023
Q1: 0.06
Med: 11.07
Q3: 47.77
Good -44 pts over 3 years

In 2023, the debt ratio of ETUDES REPRESENTATION MAT... (2.59) 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
63.41% 2023
2021
2022
2023
Q1: 21.22%
Med: 44.11%
Q3: 61.26%
Excellent +21 pts over 3 years

In 2023, the financial autonomy of ETUDES REPRESENTATION MAT... (63.4%) 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
1.66 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.07 years
Q3: 1.36 years
Average

In 2023, the repayment capacity of ETUDES REPRESENTATION MAT... (1.66) 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 285.52. 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 15.3x. Operating income very largely covers interest expenses: high safety margin.

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

285.524

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

15.291

Liquidity indicators evolution
ETUDES REPRESENTATION MATIERE ELECTRIQUE

Sector positioning

Liquidity ratio
285.52 2023
2021
2022
2023
Q1: 161.18
Med: 229.79
Q3: 340.14
Good -12 pts over 3 years

In 2023, the liquidity ratio of ETUDES REPRESENTATION MAT... (285.52) 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
15.29x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.67x
Q3: 5.5x
Excellent +8 pts over 3 years

In 2023, the interest coverage of ETUDES REPRESENTATION MAT... (15.3x) 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: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 44 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 140 days of revenue, i.e. 71 k€ to permanently finance. Notable WCR improvement over the period (-58%), freeing up cash.

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

71 294 €

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

53 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

64 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

44 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

140 j

WCR and payment terms evolution
ETUDES REPRESENTATION MATIERE ELECTRIQUE

Positioning of ETUDES REPRESENTATION MATIERE ELECTRIQUE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de matériel électrique

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (32 transactions). This range of 5 169€ to 15 139€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
5k€ 11k€ 15k€
11 819 € Range: 5 169€ - 15 139€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 32 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 (Commerce de gros (commerce interentreprises) de matériel électrique)

Compare ETUDES REPRESENTATION MATIERE ELECTRIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de matériel électrique

Frequently asked questions about ETUDES REPRESENTATION MATIERE ELECTRIQUE

What is the revenue of ETUDES REPRESENTATION MATIERE ELECTRIQUE ?

The revenue of ETUDES REPRESENTATION MATIERE ELECTRIQUE in 2023 is 183 k€.

Is ETUDES REPRESENTATION MATIERE ELECTRIQUE profitable?

Yes, ETUDES REPRESENTATION MATIERE ELECTRIQUE generated a net profit of 426€ in 2023.

Where is the headquarters of ETUDES REPRESENTATION MATIERE ELECTRIQUE ?

The headquarters of ETUDES REPRESENTATION MATIERE ELECTRIQUE is located in LABARTHE-SUR-LEZE (31860), in the department Haute-Garonne.

Where to find the tax return of ETUDES REPRESENTATION MATIERE ELECTRIQUE ?

The tax return of ETUDES REPRESENTATION MATIERE ELECTRIQUE 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 REPRESENTATION MATIERE ELECTRIQUE operate?

ETUDES REPRESENTATION MATIERE ELECTRIQUE operates in the sector Commerce de gros (commerce interentreprises) de matériel électrique (NAF code 46.69A). See the 'Sector positioning' section above to compare the company with its competitors.