INSTALLATION THERMIQUE SANITAIRE CONFORT : revenue, balance sheet and financial ratios

INSTALLATION THERMIQUE SANITAIRE CONFORT is a French company founded 16 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in QUIBERON (56170), this company of category PME shows in 2017 a revenue of 71 k€. 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 - INSTALLATION THERMIQUE SANITAIRE CONFORT (SIREN 517629812)
Indicator 2017 2016
Revenue 71 209 € 88 635 €
Net income -403 € 6 702 €
EBITDA 244 € 7 502 €
Net margin -0.6% 7.6%

Revenue and income statement

In 2017, INSTALLATION THERMIQUE SANITAIRE CONFORT achieves revenue of 71 k€. Significant drop of -20% vs 2016. After deducting consumption (36 k€), gross margin stands at 36 k€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 244 €, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -97%, reducing margin by 8.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -403 € (-0.6% of revenue), which will impact equity.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

71 209 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

35 652 €

EBITDA (2017) ?
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

244 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-381 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-403 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.3%

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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 137%. 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 ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

137.354%

Financial autonomy (2017) ?
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

25.186%

Cash flow / Revenue (2017) ?
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

-0.069%

Repayment capacity (2017) ?
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

-73.714

Asset age ratio (2017) ?
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

5.6%

Solvency indicators evolution
INSTALLATION THERMIQUE SANITAIRE CONFORT

Sector positioning

Debt ratio
137.35 2017
2016
2017
Q1: 1.25
Med: 14.71
Q3: 52.93
Average

In 2017, the debt ratio of INSTALLATION THERMIQUE SA... (137.35) 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
25.19% 2017
2016
2017
Q1: 8.61%
Med: 30.94%
Q3: 53.16%
Average

In 2017, the financial autonomy of INSTALLATION THERMIQUE SA... (25.2%) 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
-73.71 years 2017
2016
2017
Q1: 0.0 years
Med: 0.08 years
Q3: 1.0 years
Excellent -29 pts over 2 years

In 2017, the repayment capacity of INSTALLATION THERMIQUE SA... (-73.71) 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 132.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2017) ?
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

132.074

Interest coverage (2017) ?
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
INSTALLATION THERMIQUE SANITAIRE CONFORT

Sector positioning

Liquidity ratio
132.07 2017
2016
2017
Q1: 137.81
Med: 194.8
Q3: 288.7
Watch

In 2017, the liquidity ratio of INSTALLATION THERMIQUE SA... (132.07) 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
0.0x 2017
2016
2017
Q1: 0.0x
Med: 0.22x
Q3: 2.46x
Average -50 pts over 2 years

In 2017, the interest coverage of INSTALLATION THERMIQUE SA... (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: 93 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 30 days. The gap of 63 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 38 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 42 days of revenue, i.e. 8 k€ to permanently finance.

Operating WCR (2017) ?
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

8 310 €

Customer credit (2017) ?
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

93 j

Supplier credit (2017) ?
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

30 j

Inventory turnover (2017) ?
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

38 j

WCR in days of revenue (2017) ?
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

42 j

WCR and payment terms evolution
INSTALLATION THERMIQUE SANITAIRE CONFORT

Positioning of INSTALLATION THERMIQUE SANITAIRE CONFORT in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 2 872€ to 7 009€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2017
Indicative
2k€ 3k€ 7k€
3 734 € Range: 2 872€ - 7 009€
NAF 5 année 2017

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 27 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'eau et de gaz en tous locaux)

Compare INSTALLATION THERMIQUE SANITAIRE CONFORT with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about INSTALLATION THERMIQUE SANITAIRE CONFORT

What is the revenue of INSTALLATION THERMIQUE SANITAIRE CONFORT ?

The revenue of INSTALLATION THERMIQUE SANITAIRE CONFORT in 2017 is 71 k€.

Is INSTALLATION THERMIQUE SANITAIRE CONFORT profitable?

INSTALLATION THERMIQUE SANITAIRE CONFORT recorded a net loss in 2017.

Where is the headquarters of INSTALLATION THERMIQUE SANITAIRE CONFORT ?

The headquarters of INSTALLATION THERMIQUE SANITAIRE CONFORT is located in QUIBERON (56170), in the department Morbihan.

Where to find the tax return of INSTALLATION THERMIQUE SANITAIRE CONFORT ?

The tax return of INSTALLATION THERMIQUE SANITAIRE CONFORT 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 INSTALLATION THERMIQUE SANITAIRE CONFORT operate?

INSTALLATION THERMIQUE SANITAIRE CONFORT operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.