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FIRST ELEC : revenue, balance sheet and financial ratios

FIRST ELEC is a French company founded 10 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in VAULX-MILIEU (38090), this company of category PME shows in 2017 a revenue of 321 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - FIRST ELEC (SIREN 814118741)
Indicator 2025 2017
Revenue N/C 321 194 €
Net income 16 476 € 10 873 €
EBITDA N/C 14 386 €
Net margin N/C 3.4%

Revenue and income statement

In 2025, FIRST ELEC generates positive net income of 16 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2025: 11 k€ -> 16 k€.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

16 476 €

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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 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

121.132%

Financial autonomy (2025) ?
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

23.963%

Asset age ratio (2025) ?
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

44.0%

Solvency indicators evolution
FIRST ELEC

Sector positioning

Debt ratio
121.13 2025
2017
2025
Q1: 2.61
Med: 13.22
Q3: 37.13
Average +9 pts over 2 years

In 2025, the debt ratio of FIRST ELEC (121.13) 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
23.96% 2025
2017
2025
Q1: 25.97%
Med: 46.81%
Q3: 62.59%
Average -31 pts over 2 years

In 2025, the financial autonomy of FIRST ELEC (24.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.44 years 2017
2017
Q1: 0.0 years
Med: 0.06 years
Q3: 0.94 years
Average

In 2017, the repayment capacity of FIRST ELEC (1.44) 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 198.20. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

198.196

Liquidity indicators evolution
FIRST ELEC

Sector positioning

Liquidity ratio
198.2 2025
2017
2025
Q1: 171.92
Med: 237.06
Q3: 351.12
Average -6 pts over 2 years

In 2025, the liquidity ratio of FIRST ELEC (198.20) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.95x 2017
2017
Q1: 0.0x
Med: 0.17x
Q3: 2.37x
Good

In 2017, the interest coverage of FIRST ELEC (0.9x) 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.

Operating WCR (2025) ?
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 (2025) ?
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 (2025) ?
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 (2025) ?
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
FIRST ELEC

Positioning of FIRST ELEC in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Based on 283 transactions of similar company sales (all years), the value of FIRST ELEC is estimated at 24 042 € (range 8 398€ - 92 070€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2025
283 transactions
8k€ 24k€ 92k€
24 042 € Range: 8 398€ - 92 070€
NAF 5 all-time

Valuation method used

Net Income Multiple
16 476 € × 1.5x = 24 043 €
Range: 8 399€ - 92 070€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 283 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 FIRST ELEC with other companies in the same sector:

Frequently asked questions about FIRST ELEC

What is the revenue of FIRST ELEC ?

The revenue of FIRST ELEC in 2017 is 321 k€.

Is FIRST ELEC profitable?

Yes, FIRST ELEC generated a net profit of 16 k€ in 2025.

Where is the headquarters of FIRST ELEC ?

The headquarters of FIRST ELEC is located in VAULX-MILIEU (38090), in the department Isere.

Where to find the tax return of FIRST ELEC ?

The tax return of FIRST ELEC 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 FIRST ELEC operate?

FIRST ELEC 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.