NICOISE ENTRETIEN RENOVATION : revenue, balance sheet and financial ratios

NICOISE ENTRETIEN RENOVATION is a French company founded 47 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in LA TRINITE (06340), this company of category PME shows in 2020 a revenue of 2.4 M€. 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 - NICOISE ENTRETIEN RENOVATION (SIREN 317008555)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue N/C N/C N/C 2 359 874 € 2 235 365 € 1 821 656 € 1 581 921 €
Net income 358 959 € 450 452 € 277 450 € 249 824 € 235 443 € 203 761 € 143 819 €
EBITDA N/C N/C N/C 357 536 € 368 037 € 304 625 € 179 480 €
Net margin N/C N/C N/C 10.6% 10.5% 11.2% 9.1%

Revenue and income statement

In 2023, NICOISE ENTRETIEN RENOVATION generates positive net income of 359 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 144 k€ -> 359 k€.

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

358 959 €

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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 24%. 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 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

23.535%

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

41.373%

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

16.1%

Solvency indicators evolution
NICOISE ENTRETIEN RENOVATION

Sector positioning

Debt ratio
23.54 2023
2021
2022
2023
Q1: 2.1
Med: 17.18
Q3: 54.05
Average +29 pts over 3 years

In 2023, the debt ratio of NICOISE ENTRETIEN RENOVATION (23.54) 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
41.37% 2023
2021
2022
2023
Q1: 15.58%
Med: 35.38%
Q3: 54.07%
Good -17 pts over 3 years

In 2023, the financial autonomy of NICOISE ENTRETIEN RENOVATION (41.4%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 343.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

343.226

Liquidity indicators evolution
NICOISE ENTRETIEN RENOVATION

Sector positioning

Liquidity ratio
343.23 2023
2021
2022
2023
Q1: 152.93
Med: 207.16
Q3: 302.59
Excellent

In 2023, the liquidity ratio of NICOISE ENTRETIEN RENOVATION (343.23) 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.

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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
NICOISE ENTRETIEN RENOVATION

Positioning of NICOISE ENTRETIEN RENOVATION 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 (26 transactions). This range of 419 735€ to 2 184 574€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
419k€ 822k€ 2184k€
822 598 € Range: 419 735€ - 2 184 574€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 NICOISE ENTRETIEN RENOVATION 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 NICOISE ENTRETIEN RENOVATION

What is the revenue of NICOISE ENTRETIEN RENOVATION ?

The revenue of NICOISE ENTRETIEN RENOVATION in 2020 is 2.4 M€.

Is NICOISE ENTRETIEN RENOVATION profitable?

Yes, NICOISE ENTRETIEN RENOVATION generated a net profit of 359 k€ in 2023.

Where is the headquarters of NICOISE ENTRETIEN RENOVATION ?

The headquarters of NICOISE ENTRETIEN RENOVATION is located in LA TRINITE (06340), in the department Alpes-Maritimes.

Where to find the tax return of NICOISE ENTRETIEN RENOVATION ?

The tax return of NICOISE ENTRETIEN RENOVATION 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 NICOISE ENTRETIEN RENOVATION operate?

NICOISE ENTRETIEN RENOVATION 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.