NORMANDIE ELECTRICITE : revenue, balance sheet and financial ratios

NORMANDIE ELECTRICITE is a French company founded 35 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in LE HAVRE (76600), this company of category PME shows in 2023 a revenue of 2.4 M€. 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 - NORMANDIE ELECTRICITE (SIREN 381009950)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 2 440 306 € 2 828 372 € 3 001 822 € 3 238 764 € 3 101 870 € 3 108 918 € 2 593 334 € N/C
Net income -327 022 € 5 076 € 99 597 € 93 215 € 242 545 € 96 239 € 70 742 € 22 373 € 29 989 €
EBITDA N/C 21 563 € 125 861 € 145 213 € 346 018 € 130 481 € 105 585 € 40 590 € -2 190 482 €
Net margin N/C 0.2% 3.5% 3.1% 7.5% 3.1% 2.3% 0.9% N/C

Revenue and income statement

In 2024, NORMANDIE ELECTRICITE records a net loss of 327 k€. This deficit will reduce equity on the balance sheet.

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

-327 022 €

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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 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. 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

31.229%

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

28.214%

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

7.8%

Solvency indicators evolution
NORMANDIE ELECTRICITE

Sector positioning

Debt ratio
31.23 2024
2022
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Average +30 pts over 3 years

In 2024, the debt ratio of NORMANDIE ELECTRICITE (31.23) 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
28.21% 2024
2022
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Average -30 pts over 3 years

In 2024, the financial autonomy of NORMANDIE ELECTRICITE (28.2%) 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
0.88 years 2023
2022
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Average +10 pts over 2 years

In 2023, the repayment capacity of NORMANDIE ELECTRICITE (0.88) 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 100.38. 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

100.377

Liquidity indicators evolution
NORMANDIE ELECTRICITE

Sector positioning

Liquidity ratio
100.38 2024
2022
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Watch -18 pts over 3 years

In 2024, the liquidity ratio of NORMANDIE ELECTRICITE (100.38) 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
16.02x 2023
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Excellent +12 pts over 2 years

In 2023, the interest coverage of NORMANDIE ELECTRICITE (16.0x) 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.

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
NORMANDIE ELECTRICITE

Positioning of NORMANDIE ELECTRICITE in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Similar companies (Travaux d'installation électrique dans tous locaux)

Compare NORMANDIE ELECTRICITE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about NORMANDIE ELECTRICITE

What is the revenue of NORMANDIE ELECTRICITE ?

The revenue of NORMANDIE ELECTRICITE in 2023 is 2.4 M€.

Is NORMANDIE ELECTRICITE profitable?

NORMANDIE ELECTRICITE recorded a net loss in 2024.

Where is the headquarters of NORMANDIE ELECTRICITE ?

The headquarters of NORMANDIE ELECTRICITE is located in LE HAVRE (76600), in the department Seine-Maritime.

Where to find the tax return of NORMANDIE ELECTRICITE ?

The tax return of NORMANDIE ELECTRICITE 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 NORMANDIE ELECTRICITE operate?

NORMANDIE ELECTRICITE operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.