FRIGO-TECH : revenue, balance sheet and financial ratios

FRIGO-TECH is a French company founded 15 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in BAIE-MAHAULT (97122), this company of category PME shows in 2018 a revenue of 3.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - FRIGO-TECH (SIREN 523771988)
Indicator 2020 2018 2017 2016 2015 2014
Revenue N/C 3 050 851 € 2 731 437 € 2 811 571 € 1 495 845 € 1 148 309 €
Net income -520 309 € -110 618 € 228 531 € 272 629 € 84 192 € 16 280 €
EBITDA N/C 161 266 € 316 624 € 469 813 € 109 267 € 31 950 €
Net margin N/C -3.6% 8.4% 9.7% 5.6% 1.4%

Revenue and income statement

In 2020, FRIGO-TECH records a net loss of 520 k€. This deficit will reduce equity on the balance sheet.

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-520 309 €

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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 101%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

101.234%

Financial autonomy (2020) ?
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

12.162%

Asset age ratio (2020) ?
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

19.2%

Solvency indicators evolution
FRIGO-TECH

Sector positioning

Debt ratio
101.23 2020
2017
2018
2020
Q1: 2.65
Med: 23.65
Q3: 77.32
Average +42 pts over 3 years

In 2020, the debt ratio of FRIGO-TECH (101.23) 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
12.16% 2020
2017
2018
2020
Q1: 15.68%
Med: 33.98%
Q3: 52.25%
Average -43 pts over 3 years

In 2020, the financial autonomy of FRIGO-TECH (12.2%) 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
-0.14 years 2018
2017
2018
Q1: 0.0 years
Med: 0.18 years
Q3: 1.17 years
Excellent -20 pts over 2 years

In 2018, the repayment capacity of FRIGO-TECH (-0.14) 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 117.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

117.064

Liquidity indicators evolution
FRIGO-TECH

Sector positioning

Liquidity ratio
117.06 2020
2017
2018
2020
Q1: 159.89
Med: 218.37
Q3: 310.46
Watch -28 pts over 3 years

In 2020, the liquidity ratio of FRIGO-TECH (117.06) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.65x 2018
2017
2018
Q1: 0.0x
Med: 0.34x
Q3: 2.58x
Good

In 2018, the interest coverage of FRIGO-TECH (0.7x) 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 (2020) ?
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 (2020) ?
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 (2020) ?
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 (2020) ?
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
FRIGO-TECH

Positioning of FRIGO-TECH in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Similar companies (Travaux d'installation d'équipements thermiques et de climatisation)

Compare FRIGO-TECH with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about FRIGO-TECH

What is the revenue of FRIGO-TECH ?

The revenue of FRIGO-TECH in 2018 is 3.1 M€.

Is FRIGO-TECH profitable?

FRIGO-TECH recorded a net loss in 2020.

Where is the headquarters of FRIGO-TECH ?

The headquarters of FRIGO-TECH is located in BAIE-MAHAULT (97122), in the department Guadeloupe.

Where to find the tax return of FRIGO-TECH ?

The tax return of FRIGO-TECH 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 FRIGO-TECH operate?

FRIGO-TECH operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.