LES PANNEAUX SOLAIRES : revenue, balance sheet and financial ratios

LES PANNEAUX SOLAIRES is a French company founded 18 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in CANET-EN-ROUSSILLON (66140), this company of category PME shows in 2017 a revenue of 665 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 - LES PANNEAUX SOLAIRES (SIREN 501075964)
Indicator 2024 2023 2017 2016
Revenue N/C N/C 665 241 € 436 212 €
Net income 230 256 € 228 746 € 29 431 € 46 031 €
EBITDA N/C N/C 39 122 € 54 883 €
Net margin N/C N/C 4.4% 10.6%

Revenue and income statement

In 2024, LES PANNEAUX SOLAIRES generates positive net income of 230 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 46 k€ -> 230 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

230 256 €

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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 14%. 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 24%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

14.248%

Financial autonomy (2024) ?
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

24.016%

Asset age ratio (2024) ?
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

71.9%

Solvency indicators evolution
LES PANNEAUX SOLAIRES

Sector positioning

Debt ratio
14.25 2024
2017
2023
2024
Q1: 1.0
Med: 13.24
Q3: 41.25
Average -13 pts over 3 years

In 2024, the debt ratio of LES PANNEAUX SOLAIRES (14.25) 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
24.02% 2024
2017
2023
2024
Q1: 17.51%
Med: 38.82%
Q3: 57.73%
Average -9 pts over 3 years

In 2024, the financial autonomy of LES PANNEAUX SOLAIRES (24.0%) 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
0.41 years 2017
2017
Q1: 0.0 years
Med: 0.19 years
Q3: 1.17 years
Average

In 2017, the repayment capacity of LES PANNEAUX SOLAIRES (0.41) 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 124.59. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

124.588

Liquidity indicators evolution
LES PANNEAUX SOLAIRES

Sector positioning

Liquidity ratio
124.59 2024
2017
2023
2024
Q1: 154.24
Med: 215.08
Q3: 312.23
Watch

In 2024, the liquidity ratio of LES PANNEAUX SOLAIRES (124.59) 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
0.41x 2017
2017
Q1: 0.0x
Med: 0.38x
Q3: 3.0x
Good

In 2017, the interest coverage of LES PANNEAUX SOLAIRES (0.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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 and payment terms evolution
LES PANNEAUX SOLAIRES

Positioning of LES PANNEAUX SOLAIRES 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 (28 transactions). This range of 121 076€ to 1 062 202€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
121k€ 398k€ 1062k€
398 235 € Range: 121 076€ - 1 062 202€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 LES PANNEAUX SOLAIRES 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 LES PANNEAUX SOLAIRES

What is the revenue of LES PANNEAUX SOLAIRES ?

The revenue of LES PANNEAUX SOLAIRES in 2017 is 665 k€.

Is LES PANNEAUX SOLAIRES profitable?

Yes, LES PANNEAUX SOLAIRES generated a net profit of 230 k€ in 2024.

Where is the headquarters of LES PANNEAUX SOLAIRES ?

The headquarters of LES PANNEAUX SOLAIRES is located in CANET-EN-ROUSSILLON (66140), in the department Pyrenees-Orientales.

Where to find the tax return of LES PANNEAUX SOLAIRES ?

The tax return of LES PANNEAUX SOLAIRES 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 LES PANNEAUX SOLAIRES operate?

LES PANNEAUX SOLAIRES 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.