SIREN : 500661806
REDEN SOLAR is a French company founded 18 years ago, specialized in the sector Production d'électricité. Based in ROQUEFORT (47310), this company of category ETI shows in 2024 a revenue of 17.8 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 816 754 € | 12 653 640 € | 7 881 559 € | 6 570 048 € | 5 216 308 € | 7 753 437 € | 5 281 849 € | 20 221 152 € | 29 280 599 € |
| Net income | 15 355 032 € | 17 856 351 € | 5 614 272 € | 10 210 297 € | -6 665 262 € | -200 045 € | 72 319 392 € | 11 212 551 € | 1 111 145 € |
| EBITDA | 46 417 € | 674 662 € | -4 523 658 € | -852 171 € | -363 112 € | -1 638 024 € | -1 622 250 € | 2 573 290 € | 1 207 275 € |
| Net margin | 86.2% | 141.1% | 71.2% | 155.4% | -127.8% | -2.6% | 1369.2% | 55.4% | 3.8% |
In 2024, REDEN SOLAR achieves revenue of 17.8 M€. Revenue is declining over the period 2016-2024 (CAGR: -6.0%). Vs 2023, growth of +41% (12.7 M€ -> 17.8 M€). After deducting consumption (0 €), gross margin stands at 17.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (+41%), EBITDA varies by -93%, reducing margin by 5.1 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 15.4 M€, i.e. 86.2% of revenue. This profit can be retained or distributed to shareholders.
17 816 754 €
17 816 754 €
46 417 €
3 480 584 €
15 355 032 €
0.3%
The debt ratio (= Financial debt / Equity x 100) stands at 112%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 18.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 88.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
112.441%
38.481%
88.861%
18.553
54.5%
In 2024, the debt ratio of REDEN SOLAR (112.44) 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 2024, the financial autonomy of REDEN SOLAR (38.5%) 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.
In 2024, the repayment capacity of REDEN SOLAR (18.55) 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 504.30. 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 39488.8x. Operating income very largely covers interest expenses: high safety margin.
504.295
39488.78
In 2024, the liquidity ratio of REDEN SOLAR (504.30) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of REDEN SOLAR (39488.8x) 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: 295 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 179 days. The gap of 116 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 53 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 9609 days of revenue, i.e. 475.6 M€ to permanently finance. Over 2016-2024, WCR increased by +306%, requiring additional financing.
475 572 103 €
295 j
179 j
53 j
9609 j
Based on 85 transactions of similar company sales
(all years),
the value of REDEN SOLAR is estimated at
12 597 448 €
(range 2 979 714€ - 51 599 186€).
With an EBITDA of 46 417€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 REDEN SOLAR with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of REDEN SOLAR in 2024 is 17.8 M€.
Yes, REDEN SOLAR generated a net profit of 15.4 M€ in 2024.
The headquarters of REDEN SOLAR is located in ROQUEFORT (47310), in the department Lot-et-Garonne.
The tax return of REDEN SOLAR 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).
REDEN SOLAR operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.