SIREN : 428879043
PHITEC is a French company founded 26 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in RIVESALTES (66600), this company of category PME shows in 2022 a revenue of 873 k€. 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 873 047 € | 947 846 € | 763 447 € | N/C | 1 877 116 € | 1 440 429 € | 1 576 157 € |
| Net income | 31 800 € | 20 698 € | 7 418 € | 1 934 € | 7 194 € | 56 944 € | 56 339 € |
| EBITDA | 59 663 € | 39 434 € | 19 265 € | N/C | 5 713 € | 67 056 € | 90 230 € |
| Net margin | 3.6% | 2.2% | 1.0% | N/C | 0.4% | 4.0% | 3.6% |
In 2022, PHITEC achieves revenue of 873 k€. Revenue is declining over the period 2016-2022 (CAGR: -9.4%). Slight decline of -8% vs 2021. After deducting consumption (308 k€), gross margin stands at 566 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 60 k€, representing 6.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.
873 047 €
565 521 €
59 663 €
42 245 €
31 800 €
6.8%
The debt ratio (= Financial debt / Equity x 100) stands at 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
97.451%
20.74%
5.642%
2.282
19.9%
In 2022, the debt ratio of PHITEC (97.45) 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 2022, the financial autonomy of PHITEC (20.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of PHITEC (2.28) 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 135.23. 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 2.1x. Financial charges are adequately covered by operations.
135.227
2.058
In 2022, the liquidity ratio of PHITEC (135.23) 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 2022, the interest coverage of PHITEC (2.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 100 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 115 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 99 days of revenue, i.e. 239 k€ to permanently finance. Notable WCR improvement over the period (-71%), freeing up cash.
239 494 €
100 j
115 j
7 j
99 j
Indicative estimate only : the number of comparable transactions in this sector is limited (30 transactions). This range of 91 863€ to 275 209€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 30 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 PHITEC with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux
The revenue of PHITEC in 2022 is 873 k€.
Yes, PHITEC generated a net profit of 32 k€ in 2022.
The headquarters of PHITEC is located in RIVESALTES (66600), in the department Pyrenees-Orientales.
The tax return of PHITEC 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).
PHITEC 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.