FONROCHE ENERGIES RENOUVELABLES : revenue, balance sheet and financial ratios

FONROCHE ENERGIES RENOUVELABLES is a French company founded 15 years ago, specialized in the sector Ingénierie, études techniques. Based in ROQUEFORT (47310), this company of category GE shows in 2024 a revenue of 42.5 M€. 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 - FONROCHE ENERGIES RENOUVELABLES (SIREN 523116069)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 42 466 894 € 15 718 754 € 20 322 877 € 15 952 507 € 25 565 754 € 22 657 896 € 20 802 880 € 20 781 851 € 5 454 341 €
Net income -9 264 872 € -13 963 457 € -8 128 521 € -2 644 494 € 780 048 € 669 918 € 660 530 € 743 313 € -413 788 €
EBITDA -8 966 468 € -13 969 897 € -8 055 580 € -1 827 591 € 1 004 221 € 911 038 € 800 583 € 862 902 € -491 022 €
Net margin -21.8% -88.8% -40.0% -16.6% 3.1% 3.0% 3.2% 3.6% -7.6%

Revenue and income statement

In 2024, FONROCHE ENERGIES RENOUVELABLES achieves revenue of 42.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +29.2%. Vs 2023, growth of +170% (15.7 M€ -> 42.5 M€). After deducting consumption (-268 k€), gross margin stands at 42.7 M€, i.e. a rate of 101%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -9.0 M€, representing -21.1% of revenue. Positive scissor effect: EBITDA margin improves by +67.8 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -9.3 M€ (-21.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

42 466 894 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

42 734 871 €

EBITDA (2024) ?
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

-8 966 468 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-9 329 410 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-9 264 872 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-21.1%

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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 177%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

176.588%

Financial autonomy (2024) ?
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

7.765%

Cash flow / Revenue (2024) ?
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

-20.988%

Repayment capacity (2024) ?
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

-0.516

Asset age ratio (2024) ?
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

46.8%

Solvency indicators evolution
FONROCHE ENERGIES RENOUVELABLES

Sector positioning

Debt ratio
176.59 2024
2022
2023
2024
Q1: 0.0
Med: 8.24
Q3: 42.82
Average +50 pts over 3 years

In 2024, the debt ratio of FONROCHE ENERGIES RENOUVE... (176.59) 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
7.76% 2024
2022
2023
2024
Q1: 11.26%
Med: 37.88%
Q3: 61.35%
Average

In 2024, the financial autonomy of FONROCHE ENERGIES RENOUVE... (7.8%) 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
-0.52 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Excellent

In 2024, the repayment capacity of FONROCHE ENERGIES RENOUVE... (-0.52) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 198.40. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

198.403

Interest coverage (2024) ?
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

-0.234

Liquidity indicators evolution
FONROCHE ENERGIES RENOUVELABLES

Sector positioning

Liquidity ratio
198.4 2024
2022
2023
2024
Q1: 148.99
Med: 229.96
Q3: 405.09
Average +16 pts over 3 years

In 2024, the liquidity ratio of FONROCHE ENERGIES RENOUVE... (198.40) 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
-0.23x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.04x
Average

In 2024, the interest coverage of FONROCHE ENERGIES RENOUVE... (-0.2x) 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: 142 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. The gap of 76 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 135 days of revenue, i.e. 15.9 M€ to permanently finance. Over 2016-2024, WCR increased by +758%, requiring additional financing.

Operating WCR (2024) ?
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

15 941 647 €

Customer credit (2024) ?
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

142 j

Supplier credit (2024) ?
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

66 j

Inventory turnover (2024) ?
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

24 j

WCR in days of revenue (2024) ?
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

135 j

WCR and payment terms evolution
FONROCHE ENERGIES RENOUVELABLES

Positioning of FONROCHE ENERGIES RENOUVELABLES in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 6 146 682€ to 10 584 775€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
6146k€ 7103k€ 10584k€
7 103 519 € Range: 6 146 682€ - 10 584 775€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 FONROCHE ENERGIES RENOUVELABLES with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about FONROCHE ENERGIES RENOUVELABLES

What is the revenue of FONROCHE ENERGIES RENOUVELABLES ?

The revenue of FONROCHE ENERGIES RENOUVELABLES in 2024 is 42.5 M€.

Is FONROCHE ENERGIES RENOUVELABLES profitable?

FONROCHE ENERGIES RENOUVELABLES recorded a net loss in 2024.

Where is the headquarters of FONROCHE ENERGIES RENOUVELABLES ?

The headquarters of FONROCHE ENERGIES RENOUVELABLES is located in ROQUEFORT (47310), in the department Lot-et-Garonne.

Where to find the tax return of FONROCHE ENERGIES RENOUVELABLES ?

The tax return of FONROCHE ENERGIES RENOUVELABLES 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 FONROCHE ENERGIES RENOUVELABLES operate?

FONROCHE ENERGIES RENOUVELABLES operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.