Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1989-01-06 (37 years)Status: ActiveBusiness sector: Travaux d'installation électrique dans tous locauxLocation: GRAVELINES (59820), Nord
EUROTELEC : revenue, balance sheet and financial ratios
EUROTELEC is a French company
founded 37 years ago,
specialized in the sector Travaux d'installation électrique dans tous locaux.
Based in GRAVELINES (59820),
this company of category PME
shows in 2020 a revenue of 3.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, EUROTELEC generates positive net income of 509 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2021: 315 k€ -> 509 k€.
Net income (2021)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
508 506 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 55%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2021)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
6.8%
Financial autonomy (2021)
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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
54.856%
Asset age ratio (2021)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Debt ratio
4.407
3.299
1.788
3.82
3.116
6.8
Financial autonomy
51.317
53.294
49.936
53.68
55.698
54.856
Repayment capacity
0.156
0.109
0.062
0.123
0.106
None
Cash flow / Revenue
6.827%
7.478%
7.19%
8.508%
9.489%
None%
Sector positioning
Debt ratio
6.82021
2019
2020
2021
Q1: 0.84
Med: 20.29
Q3: 72.27
Good
In 2021, the debt ratio of EUROTELEC (6.80) 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
54.86%2021
2019
2020
2021
Q1: 11.57%
Med: 32.12%
Q3: 53.55%
Excellent
In 2021, the financial autonomy of EUROTELEC (54.9%) 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
0.11 years2020
2019
2020
Q1: 0.0 years
Med: 0.03 years
Q3: 1.39 years
Average
In 2020, the repayment capacity of EUROTELEC (0.11) 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 257.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2021)
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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
257.055
Liquidity indicators evolution EUROTELEC
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
Liquidity ratio
209.257
215.162
221.601
240.883
260.783
257.055
Interest coverage
0.264
0.112
0.039
0.033
0.042
None
Sector positioning
Liquidity ratio
257.062021
2019
2020
2021
Q1: 153.13
Med: 217.4
Q3: 316.16
Good
In 2021, the liquidity ratio of EUROTELEC (257.06) 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
0.04x2020
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 1.29x
Good+18 pts over 2 years
In 2020, the interest coverage of EUROTELEC (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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: 714 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 433 days. The gap of 281 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.
Operating WCR (2021)
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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 (2021)
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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
714 j
Supplier credit (2021)
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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
433 j
Inventory turnover (2021)
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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 EUROTELEC
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
Operating WCR
948 281 €
878 912 €
928 036 €
716 926 €
637 207 €
0 €
Inventory turnover (days)
10
7
7
8
5
0
Customer payment term (days)
90
88
99
94
101
714
Supplier payment term (days)
60
50
67
64
73
433
Positioning of EUROTELEC in its sector
Comparison with sector Travaux d'installation électrique dans tous locaux
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions).
This range of 332 407€ to 1 812 806€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2021
Indicative
332k€548k€1812k€
548 786 €Range: 332 407€ - 1 812 806€
NAF 5 année 2021
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 27 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 (Travaux d'installation électrique dans tous locaux)
Compare EUROTELEC with other companies in the same sector:
Yes, EUROTELEC generated a net profit of 509 k€ in 2021.
Where is the headquarters of EUROTELEC ?
The headquarters of EUROTELEC is located in GRAVELINES (59820), in the department Nord.
Where to find the tax return of EUROTELEC ?
The tax return of EUROTELEC 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 EUROTELEC operate?
EUROTELEC operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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