GE HYDRO FRANCE : revenue, balance sheet and financial ratios

GE HYDRO FRANCE is a French company founded 42 years ago, specialized in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules. Based in ISSY-LES-MOULINEAUX (92130), this company of category GE shows in 2023 a revenue of 245.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - GE HYDRO FRANCE (SIREN 327948907)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 245 751 386 € 215 175 316 € 287 181 096 € 238 809 904 € 212 016 262 € 209 268 951 € 330 700 251 € 300 026 661 € 238 141 070 €
Net income -31 398 419 € -28 287 327 € -18 309 329 € -93 859 845 € 40 913 541 € -35 469 388 € -53 805 418 € -36 463 239 € -193 037 047 €
EBITDA -33 190 544 € -49 399 910 € -31 357 287 € -64 423 020 € -92 942 861 € -89 667 431 € -101 541 484 € -15 305 468 € -142 274 593 €
Net margin -12.8% -13.1% -6.4% -39.3% 19.3% -16.9% -16.3% -12.2% -81.1%

Revenue and income statement

In 2023, GE HYDRO FRANCE achieves revenue of 245.8 M€. Revenue is growing positively over 9 years (CAGR: +0.4%). Vs 2022, growth of +14% (215.2 M€ -> 245.8 M€). After deducting consumption (-175 k€), gross margin stands at 245.9 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 -33.2 M€, representing -13.5% of revenue. Positive scissor effect: EBITDA margin improves by +9.5 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -31.4 M€ (-12.8% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

245 751 386 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

245 926 714 €

EBITDA (2023) ?
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

-33 190 544 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-51 386 005 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-31 398 419 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-13.5%

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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 10%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.815%

Financial autonomy (2023) ?
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

3.537%

Cash flow / Revenue (2023) ?
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

-15.528%

Repayment capacity (2023) ?
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

-0.051

Asset age ratio (2023) ?
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

44.7%

Solvency indicators evolution
GE HYDRO FRANCE

Sector positioning

Debt ratio
9.81 2023
2021
2022
2023
Q1: 0.0
Med: 12.11
Q3: 35.35
Good +21 pts over 3 years

In 2023, the debt ratio of GE HYDRO FRANCE (9.81) 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
3.54% 2023
2021
2022
2023
Q1: 5.68%
Med: 34.79%
Q3: 51.72%
Average

In 2023, the financial autonomy of GE HYDRO FRANCE (3.5%) 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
-0.05 years 2023
2021
2022
2023
Q1: -0.59 years
Med: 0.0 years
Q3: 0.64 years
Good +5 pts over 3 years

In 2023, the repayment capacity of GE HYDRO FRANCE (-0.05) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 109.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

109.226

Interest coverage (2023) ?
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

-160.773

Liquidity indicators evolution
GE HYDRO FRANCE

Sector positioning

Liquidity ratio
109.23 2023
2021
2022
2023
Q1: 84.34
Med: 175.85
Q3: 299.6
Average +11 pts over 3 years

In 2023, the liquidity ratio of GE HYDRO FRANCE (109.23) 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
-160.77x 2023
2021
2022
2023
Q1: -6.22x
Med: 0.03x
Q3: 3.81x
Watch +8 pts over 3 years

In 2023, the interest coverage of GE HYDRO FRANCE (-160.8x) 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: 572 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 181 days. The gap of 391 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 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 220 days of revenue, i.e. 150.4 M€ to permanently finance.

Operating WCR (2023) ?
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

150 372 816 €

Customer credit (2023) ?
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

572 j

Supplier credit (2023) ?
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

181 j

Inventory turnover (2023) ?
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

29 j

WCR in days of revenue (2023) ?
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

220 j

WCR and payment terms evolution
GE HYDRO FRANCE

Positioning of GE HYDRO FRANCE in its sector

Comparison with sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 17 992 969€ to 58 525 684€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
17992k€ 35356k€ 58525k€
35 356 293 € Range: 17 992 969€ - 58 525 684€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules)

Compare GE HYDRO FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Frequently asked questions about GE HYDRO FRANCE

What is the revenue of GE HYDRO FRANCE ?

The revenue of GE HYDRO FRANCE in 2023 is 245.8 M€.

Is GE HYDRO FRANCE profitable?

GE HYDRO FRANCE recorded a net loss in 2023.

Where is the headquarters of GE HYDRO FRANCE ?

The headquarters of GE HYDRO FRANCE is located in ISSY-LES-MOULINEAUX (92130), in the department Hauts-de-Seine.

Where to find the tax return of GE HYDRO FRANCE ?

The tax return of GE HYDRO FRANCE 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 GE HYDRO FRANCE operate?

GE HYDRO FRANCE operates in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules (NAF code 28.11Z). See the 'Sector positioning' section above to compare the company with its competitors.