FOURNIE GROSPAUD BORDEAUX : revenue, balance sheet and financial ratios

FOURNIE GROSPAUD BORDEAUX is a French company founded 22 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in MERIGNAC (33700), this company of category GE shows in 2024 a revenue of 5.9 M€. 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 - FOURNIE GROSPAUD BORDEAUX (SIREN 450977533)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 5 919 521 € 6 696 124 € 10 351 599 € 6 985 938 € 7 608 762 € 11 173 157 € 8 006 238 € 6 105 374 €
Net income -446 723 € -918 154 € 401 408 € 302 410 € 418 798 € 423 974 € 454 541 € 322 981 €
EBITDA -281 941 € -845 999 € 344 813 € 518 629 € 804 401 € 577 613 € 292 219 € 661 242 €
Net margin -7.5% -13.7% 3.9% 4.3% 5.5% 3.8% 5.7% 5.3%

Revenue and income statement

In 2024, FOURNIE GROSPAUD BORDEAUX achieves revenue of 5.9 M€. Activity remains stable over the period (CAGR: -0.4%). Significant drop of -12% vs 2023. After deducting consumption (5 k€), gross margin stands at 5.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -282 k€, representing -4.8% of revenue. Positive scissor effect: EBITDA margin improves by +7.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -447 k€ (-7.5% 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

5 919 521 €

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

5 915 004 €

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

-281 941 €

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

-393 304 €

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

-446 723 €

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

-4.8%

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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 -466%. 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 -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

-466.363%

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

-8.424%

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

-5.671%

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

-4.653

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

19.9%

Solvency indicators evolution
FOURNIE GROSPAUD BORDEAUX

Sector positioning

Debt ratio
-466.36 2024
2021
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Excellent

In 2024, the debt ratio of FOURNIE GROSPAUD BORDEAUX (-466.36) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-8.42% 2024
2021
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Average -21 pts over 3 years

In 2024, the financial autonomy of FOURNIE GROSPAUD BORDEAUX (-8.4%) 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
-4.65 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.9 years
Excellent

In 2024, the repayment capacity of FOURNIE GROSPAUD BORDEAUX (-4.65) 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 184.39. 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

184.389

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

-19.054

Liquidity indicators evolution
FOURNIE GROSPAUD BORDEAUX

Sector positioning

Liquidity ratio
184.39 2024
2021
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Average -6 pts over 3 years

In 2024, the liquidity ratio of FOURNIE GROSPAUD BORDEAUX (184.39) 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
-19.05x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Watch

In 2024, the interest coverage of FOURNIE GROSPAUD BORDEAUX (-19.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 165 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The gap of 122 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. 1.4 M€ to permanently finance. Over 2016-2024, WCR increased by +172%, 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

1 412 930 €

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

165 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

43 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

0 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

86 j

WCR and payment terms evolution
FOURNIE GROSPAUD BORDEAUX

Positioning of FOURNIE GROSPAUD BORDEAUX 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 (29 transactions). This range of 816 995€ to 1 847 901€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
816k€ 964k€ 1847k€
964 218 € Range: 816 995€ - 1 847 901€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 FOURNIE GROSPAUD BORDEAUX with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about FOURNIE GROSPAUD BORDEAUX

What is the revenue of FOURNIE GROSPAUD BORDEAUX ?

The revenue of FOURNIE GROSPAUD BORDEAUX in 2024 is 5.9 M€.

Is FOURNIE GROSPAUD BORDEAUX profitable?

FOURNIE GROSPAUD BORDEAUX recorded a net loss in 2024.

Where is the headquarters of FOURNIE GROSPAUD BORDEAUX ?

The headquarters of FOURNIE GROSPAUD BORDEAUX is located in MERIGNAC (33700), in the department Gironde.

Where to find the tax return of FOURNIE GROSPAUD BORDEAUX ?

The tax return of FOURNIE GROSPAUD BORDEAUX 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 FOURNIE GROSPAUD BORDEAUX operate?

FOURNIE GROSPAUD BORDEAUX 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.