I.C.S INSTALLATION CHAUFFAGE SANITAIRE : revenue, balance sheet and financial ratios

I.C.S INSTALLATION CHAUFFAGE SANITAIRE is a French company founded 8 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in ARNOUVILLE (95400), this company of category PME shows in 2020 a revenue of 129 k€. 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 - I.C.S INSTALLATION CHAUFFAGE SANITAIRE (SIREN 830417002)
Indicator 2020 2019 2018
Revenue 128 627 € 122 420 € 207 910 €
Net income 612 € 1 534 € 27 945 €
EBITDA -70 € 530 € 34 675 €
Net margin 0.5% 1.3% 13.4%

Revenue and income statement

In 2020, I.C.S INSTALLATION CHAUFFAGE SANITAIRE achieves revenue of 129 k€. Revenue is declining over the period 2018-2020 (CAGR: -21.3%). Vs 2019: +5%. After deducting consumption (487 €), gross margin stands at 128 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -70 €, representing -0.1% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 612 €, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

128 627 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

128 140 €

EBITDA (2020) ?
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

-70 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

724 €

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

612 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.1%

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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 76%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 11.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

76.022%

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

32.591%

Cash flow / Revenue (2020) ?
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

2.119%

Repayment capacity (2020) ?
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

11.009

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

51.7%

Solvency indicators evolution
I.C.S INSTALLATION CHAUFFAGE SANITAIRE

Sector positioning

Debt ratio
76.02 2020
2018
2019
2020
Q1: 2.65
Med: 23.65
Q3: 77.4
Average +49 pts over 3 years

In 2020, the debt ratio of I.C.S INSTALLATION CHAUFF... (76.02) 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
32.59% 2020
2018
2019
2020
Q1: 15.67%
Med: 33.98%
Q3: 52.26%
Average +23 pts over 3 years

In 2020, the financial autonomy of I.C.S INSTALLATION CHAUFF... (32.6%) 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
11.01 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.22 years
Q3: 1.82 years
Watch +50 pts over 3 years

In 2020, the repayment capacity of I.C.S INSTALLATION CHAUFF... (11.01) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 352.41. 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

352.408

Interest coverage (2020) ?
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

0.0

Liquidity indicators evolution
I.C.S INSTALLATION CHAUFFAGE SANITAIRE

Sector positioning

Liquidity ratio
352.41 2020
2018
2019
2020
Q1: 160.03
Med: 218.38
Q3: 309.93
Excellent +41 pts over 3 years

In 2020, the liquidity ratio of I.C.S INSTALLATION CHAUFF... (352.41) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.12x
Q3: 1.52x
Average

In 2020, the interest coverage of I.C.S INSTALLATION CHAUFF... (0.0x) 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: 91 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Overall, WCR represents 63 days of revenue, i.e. 22 k€ to permanently finance. Over 2018-2020, WCR increased by +61%, requiring additional financing.

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

22 462 €

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

91 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

110 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 in days of revenue (2020) ?
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

63 j

WCR and payment terms evolution
I.C.S INSTALLATION CHAUFFAGE SANITAIRE

Positioning of I.C.S INSTALLATION CHAUFFAGE SANITAIRE in its sector

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

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 10 797€ to 18 742€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2020
Indicative
10k€ 14k€ 18k€
14 579 € Range: 10 797€ - 18 742€
NAF 5 année 2020

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 31 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 d'équipements thermiques et de climatisation)

Compare I.C.S INSTALLATION CHAUFFAGE SANITAIRE 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 I.C.S INSTALLATION CHAUFFAGE SANITAIRE

What is the revenue of I.C.S INSTALLATION CHAUFFAGE SANITAIRE ?

The revenue of I.C.S INSTALLATION CHAUFFAGE SANITAIRE in 2020 is 129 k€.

Is I.C.S INSTALLATION CHAUFFAGE SANITAIRE profitable?

Yes, I.C.S INSTALLATION CHAUFFAGE SANITAIRE generated a net profit of 612€ in 2020.

Where is the headquarters of I.C.S INSTALLATION CHAUFFAGE SANITAIRE ?

The headquarters of I.C.S INSTALLATION CHAUFFAGE SANITAIRE is located in ARNOUVILLE (95400), in the department Val-d'Oise.

Where to find the tax return of I.C.S INSTALLATION CHAUFFAGE SANITAIRE ?

The tax return of I.C.S INSTALLATION CHAUFFAGE SANITAIRE 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 I.C.S INSTALLATION CHAUFFAGE SANITAIRE operate?

I.C.S INSTALLATION CHAUFFAGE SANITAIRE 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.