INNOVATION ENERGIE DEVELOPPEMENT : revenue, balance sheet and financial ratios

INNOVATION ENERGIE DEVELOPPEMENT is a French company founded 37 years ago, specialized in the sector Ingénierie, études techniques. Based in FRANCHEVILLE (69340), this company of category PME shows in 2023 a revenue of 8.9 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 - INNOVATION ENERGIE DEVELOPPEMENT (SIREN 345067581)
Indicator 2023 2022 2020 2019 2018 2017 2016
Revenue 8 860 788 € 8 736 192 € 7 487 200 € 6 342 715 € 5 646 795 € 5 359 527 € 4 105 932 €
Net income 516 330 € 671 039 € 560 606 € 489 089 € 446 750 € 405 352 € 355 054 €
EBITDA 737 778 € 809 415 € 782 608 € 883 826 € 550 266 € 515 075 € 334 757 €
Net margin 5.8% 7.7% 7.5% 7.7% 7.9% 7.6% 8.6%

Revenue and income statement

In 2023, INNOVATION ENERGIE DEVELOPPEMENT achieves revenue of 8.9 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +11.6%. Vs 2022: +1%. After deducting consumption (469 k€), gross margin stands at 8.4 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 738 k€, representing 8.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 516 k€, i.e. 5.8% of revenue. This profit can be retained or distributed to shareholders.

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

8 860 788 €

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

8 391 816 €

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

737 778 €

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

658 800 €

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

516 330 €

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

8.3%

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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 73%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

72.852%

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

25.329%

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

7.278%

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

2.513

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

16.0%

Solvency indicators evolution
INNOVATION ENERGIE DEVELOPPEMENT

Sector positioning

Debt ratio
72.85 2023
2020
2022
2023
Q1: 0.0
Med: 9.47
Q3: 51.26
Average +9 pts over 3 years

In 2023, the debt ratio of INNOVATION ENERGIE DEVELO... (72.85) 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
25.33% 2023
2020
2022
2023
Q1: 11.14%
Med: 37.18%
Q3: 60.83%
Average

In 2023, the financial autonomy of INNOVATION ENERGIE DEVELO... (25.3%) 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
2.51 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.07 years
Average

In 2023, the repayment capacity of INNOVATION ENERGIE DEVELO... (2.51) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 175.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 12.3x. Operating income very largely covers interest expenses: high safety margin.

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

175.919

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

12.298

Liquidity indicators evolution
INNOVATION ENERGIE DEVELOPPEMENT

Sector positioning

Liquidity ratio
175.92 2023
2020
2022
2023
Q1: 150.51
Med: 232.42
Q3: 397.46
Average +5 pts over 3 years

In 2023, the liquidity ratio of INNOVATION ENERGIE DEVELO... (175.92) 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
12.3x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.85x
Excellent

In 2023, the interest coverage of INNOVATION ENERGIE DEVELO... (12.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 187 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 88 days. The gap of 99 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 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 176 days of revenue, i.e. 4.3 M€ to permanently finance. Over 2016-2023, WCR increased by +126%, requiring additional financing.

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

4 331 153 €

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

187 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

88 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

16 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

176 j

WCR and payment terms evolution
INNOVATION ENERGIE DEVELOPPEMENT

Positioning of INNOVATION ENERGIE DEVELOPPEMENT in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 748 889€ to 2 366 664€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
748k€ 1478k€ 2366k€
1 478 219 € Range: 748 889€ - 2 366 664€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 INNOVATION ENERGIE DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about INNOVATION ENERGIE DEVELOPPEMENT

What is the revenue of INNOVATION ENERGIE DEVELOPPEMENT ?

The revenue of INNOVATION ENERGIE DEVELOPPEMENT in 2023 is 8.9 M€.

Is INNOVATION ENERGIE DEVELOPPEMENT profitable?

Yes, INNOVATION ENERGIE DEVELOPPEMENT generated a net profit of 516 k€ in 2023.

Where is the headquarters of INNOVATION ENERGIE DEVELOPPEMENT ?

The headquarters of INNOVATION ENERGIE DEVELOPPEMENT is located in FRANCHEVILLE (69340), in the department Rhone.

Where to find the tax return of INNOVATION ENERGIE DEVELOPPEMENT ?

The tax return of INNOVATION ENERGIE DEVELOPPEMENT 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 INNOVATION ENERGIE DEVELOPPEMENT operate?

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