PARNASSAA : revenue, balance sheet and financial ratios

PARNASSAA is a French company founded 8 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in ALFORTVILLE (94140), this company of category PME shows in 2022 a revenue of 2.1 M€. 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

Financial history - PARNASSAA (SIREN 833702525)
Indicator 2023 2022 2021 2020 2019 2018
Revenue N/C 2 129 867 € 1 014 951 € 237 799 € 232 181 € 27 048 €
Net income 27 549 € 106 530 € 54 153 € 1 606 € 4 883 € 63 178 €
EBITDA N/C 254 167 € 75 806 € 9 524 € 30 345 € 9 532 €
Net margin N/C 5.0% 5.3% 0.7% 2.1% 233.6%

Revenue and income statement

In 2023, PARNASSAA generates positive net income of 28 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 63 k€ -> 28 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

27 549 €

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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 26%. 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 (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

26.042%

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

23.741%

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

59.5%

Solvency indicators evolution
PARNASSAA

Sector positioning

Debt ratio
26.04 2023
2021
2022
2023
Q1: 2.1
Med: 17.18
Q3: 54.05
Average +31 pts over 3 years

In 2023, the debt ratio of PARNASSAA (26.04) 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
23.74% 2023
2021
2022
2023
Q1: 15.58%
Med: 35.38%
Q3: 54.07%
Average

In 2023, the financial autonomy of PARNASSAA (23.7%) 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
0.12 years 2022
2021
2022
Q1: 0.0 years
Med: 0.29 years
Q3: 1.7 years
Good +9 pts over 2 years

In 2022, the repayment capacity of PARNASSAA (0.12) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 118.90. 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

118.9

Liquidity indicators evolution
PARNASSAA

Sector positioning

Liquidity ratio
118.9 2023
2021
2022
2023
Q1: 152.93
Med: 207.16
Q3: 302.59
Watch

In 2023, the liquidity ratio of PARNASSAA (118.90) 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
0.2x 2022
2021
2022
Q1: 0.0x
Med: 0.31x
Q3: 2.22x
Average -9 pts over 2 years

In 2022, the interest coverage of PARNASSAA (0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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
PARNASSAA

Positioning of PARNASSAA 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 32 213€ to 167 659€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
32k€ 63k€ 167k€
63 131 € Range: 32 213€ - 167 659€
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 PARNASSAA 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 PARNASSAA

What is the revenue of PARNASSAA ?

The revenue of PARNASSAA in 2022 is 2.1 M€.

Is PARNASSAA profitable?

Yes, PARNASSAA generated a net profit of 28 k€ in 2023.

Where is the headquarters of PARNASSAA ?

The headquarters of PARNASSAA is located in ALFORTVILLE (94140), in the department Val-de-Marne.

Where to find the tax return of PARNASSAA ?

The tax return of PARNASSAA 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 PARNASSAA operate?

PARNASSAA 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.