SIREN : 798053989
IRISOLAR 1 is a French company founded 12 years ago, specialized in the sector Production d'électricité. Based in LA MADELEINE (59110), this company of category GE shows in 2024 a revenue of 833 k€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 832 862 € | 939 659 € | 941 997 € | 890 903 € | 926 187 € | 959 420 € | 893 071 € | 971 352 € | 688 090 € |
| Net income | -60 647 € | 37 025 € | 135 095 € | 43 189 € | 47 605 € | -11 534 € | 7 452 € | -225 976 € | 85 576 € |
| EBITDA | 698 065 € | 427 075 € | 302 928 € | 741 377 € | 782 471 € | 771 508 € | 741 646 € | 696 583 € | 636 694 € |
| Net margin | -7.3% | 3.9% | 14.3% | 4.8% | 5.1% | -1.2% | 0.8% | -23.3% | 12.4% |
In 2024, IRISOLAR 1 achieves revenue of 833 k€. Revenue is growing positively over 9 years (CAGR: +2.4%). Significant drop of -11% vs 2023. After deducting consumption (0 €), gross margin stands at 833 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 698 k€, representing 83.8% of revenue. Positive scissor effect: EBITDA margin improves by +38.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -61 k€ (-7.3% of revenue), which will impact equity.
832 862 €
832 862 €
698 065 €
182 453 €
-60 647 €
83.8%
The debt ratio (= Financial debt / Equity x 100) stands at 1066%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 53.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1065.78%
8.066%
53.175%
12.654
51.6%
In 2024, the debt ratio of IRISOLAR 1 (1065.78) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of IRISOLAR 1 (8.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of IRISOLAR 1 (12.65) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 441.31. 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 40.4x. Operating income very largely covers interest expenses: high safety margin.
441.313
40.367
In 2024, the liquidity ratio of IRISOLAR 1 (441.31) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of IRISOLAR 1 (40.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 292 days. Excellent situation: suppliers finance 204 days of the operating cycle (retail model). Overall, WCR represents 613 days of revenue, i.e. 1.4 M€ to permanently finance. Over 2016-2024, WCR increased by +205%, requiring additional financing.
1 417 714 €
88 j
292 j
0 j
613 j
Based on 85 transactions of similar company sales
(all years),
the value of IRISOLAR 1 is estimated at
1 271 757 €
(range 158 382€ - 5 057 617€).
With an EBITDA of 698 065€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare IRISOLAR 1 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of IRISOLAR 1 in 2024 is 833 k€.
IRISOLAR 1 recorded a net loss in 2024.
The headquarters of IRISOLAR 1 is located in LA MADELEINE (59110), in the department Nord.
The tax return of IRISOLAR 1 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).
IRISOLAR 1 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.