SIREN : 838369940
NOVELGIE is a French company founded 8 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in SEVREMOINE (49230), this company of category PME shows in 2023 a revenue of 6.3 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 6 321 273 € | 3 699 495 € | 2 946 328 € | 1 950 155 € | N/C |
| Net income | 186 188 € | 222 368 € | 187 019 € | 145 483 € | 50 117 € |
| EBITDA | 326 724 € | 298 045 € | 266 100 € | 203 220 € | N/C |
| Net margin | 2.9% | 6.0% | 6.3% | 7.5% | N/C |
In 2023, NOVELGIE achieves revenue of 6.3 M€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +48.0%. Vs 2022, growth of +71% (3.7 M€ -> 6.3 M€). After deducting consumption (3.8 M€), gross margin stands at 2.5 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 327 k€, representing 5.2% of revenue. Warning negative scissor effect: despite revenue change (+71%), EBITDA varies by +10%, reducing margin by 2.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 186 k€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.
6 321 273 €
2 498 327 €
326 724 €
247 640 €
186 188 €
5.2%
The debt ratio (= Financial debt / Equity x 100) stands at 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
36.508%
30.93%
4.275%
0.415
49.9%
In 2023, the debt ratio of NOVELGIE (36.51) 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 2023, the financial autonomy of NOVELGIE (30.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of NOVELGIE (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 151.28. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
151.278
0.435
In 2023, the liquidity ratio of NOVELGIE (151.28) 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.
In 2023, the interest coverage of NOVELGIE (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The company must finance 11 days of gap between collections and payments. Inventory turnover is 17 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 90 days of revenue, i.e. 1.6 M€ to permanently finance.
1 574 566 €
65 j
54 j
17 j
90 j
Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 465 210€ to 1 019 585€ is provided for information purposes only and requires in-depth analysis to be confirmed.
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare NOVELGIE with other companies in the same sector:
The revenue of NOVELGIE in 2023 is 6.3 M€.
Yes, NOVELGIE generated a net profit of 186 k€ in 2023.
The headquarters of NOVELGIE is located in SEVREMOINE (49230), in the department Maine-et-Loire.
The tax return of NOVELGIE 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).
NOVELGIE 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.