RESEAUX DE CHALEUR URBAINS DE L'EST : revenue, balance sheet and financial ratios

RESEAUX DE CHALEUR URBAINS DE L'EST is a French company founded 17 years ago, specialized in the sector Production d'électricité. Based in STRASBOURG (67000), this company of category ETI shows in 2022 a revenue of 14.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - RESEAUX DE CHALEUR URBAINS DE L'EST (SIREN 508084605)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 14 018 355 € 11 333 219 € 10 131 395 € 11 120 719 € 6 634 852 € 7 059 959 € 8 240 352 €
Net income 839 270 € -690 620 € -689 913 € -507 144 € 686 026 € -235 822 € 577 183 €
EBITDA 3 248 149 € 1 544 700 € 587 425 € 829 518 € -184 629 € 38 429 € 1 541 155 €
Net margin 6.0% -6.1% -6.8% -4.6% 10.3% -3.3% 7.0%

Revenue and income statement

In 2022, RESEAUX DE CHALEUR URBAINS DE L'EST achieves revenue of 14.0 M€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +9.3%. Vs 2021, growth of +24% (11.3 M€ -> 14.0 M€). After deducting consumption (5.2 M€), gross margin stands at 8.8 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.2 M€, representing 23.2% of revenue. Positive scissor effect: EBITDA margin improves by +9.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 839 k€, i.e. 6.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

14 018 355 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 808 684 €

EBITDA (2022) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

3 248 149 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

803 528 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

839 270 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

23.2%

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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 21%. 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 75%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.421%

Financial autonomy (2022) ?
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

75.366%

Cash flow / Revenue (2022) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

21.96%

Repayment capacity (2022) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

2.567

Asset age ratio (2022) ?
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

69.0%

Solvency indicators evolution
RESEAUX DE CHALEUR URBAINS DE L'EST

Sector positioning

Debt ratio
21.42 2022
2020
2021
2022
Q1: -215.08
Med: 0.0
Q3: 217.86
Average

In 2022, the debt ratio of RESEAUX DE CHALEUR URBAIN... (21.42) 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
75.37% 2022
2020
2021
2022
Q1: -4.7%
Med: 7.52%
Q3: 53.08%
Excellent

In 2022, the financial autonomy of RESEAUX DE CHALEUR URBAIN... (75.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
2.57 years 2022
2020
2021
2022
Q1: -1.73 years
Med: 0.0 years
Q3: 6.9 years
Average -10 pts over 3 years

In 2022, the repayment capacity of RESEAUX DE CHALEUR URBAIN... (2.57) 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 384.47. 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 2.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2022) ?
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

384.473

Interest coverage (2022) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

2.698

Liquidity indicators evolution
RESEAUX DE CHALEUR URBAINS DE L'EST

Sector positioning

Liquidity ratio
384.47 2022
2020
2021
2022
Q1: 69.32
Med: 201.89
Q3: 755.4
Good +6 pts over 3 years

In 2022, the liquidity ratio of RESEAUX DE CHALEUR URBAIN... (384.47) 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.

Interest coverage
2.7x 2022
2020
2021
2022
Q1: -0.06x
Med: 0.31x
Q3: 15.0x
Good

In 2022, the interest coverage of RESEAUX DE CHALEUR URBAIN... (2.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 153 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The gap of 115 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 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 210 days of revenue, i.e. 8.2 M€ to permanently finance. Over 2016-2022, WCR increased by +83%, requiring additional financing.

Operating WCR (2022) ?
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

8 167 935 €

Customer credit (2022) ?
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

153 j

Supplier credit (2022) ?
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

38 j

Inventory turnover (2022) ?
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

34 j

WCR in days of revenue (2022) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

210 j

WCR and payment terms evolution
RESEAUX DE CHALEUR URBAINS DE L'EST

Positioning of RESEAUX DE CHALEUR URBAINS DE L'EST in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of RESEAUX DE CHALEUR URBAINS DE L'EST is estimated at 7 322 623 € (range 1 126 761€ - 31 292 986€). With an EBITDA of 3 248 149€, 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.

Estimated enterprise value 2022
85 tx
1126k€ 7322k€ 31292k€
7 322 623 € Range: 1 126 761€ - 31 292 986€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 248 149 € × 2.4x
Estimation 7 859 451 €
862 441€ - 29 490 081€
Revenue Multiple 30%
14 018 355 € × 0.69x
Estimation 9 698 465 €
1 909 352€ - 49 216 172€
Net Income Multiple 20%
839 270 € × 2.9x
Estimation 2 416 794 €
613 680€ - 8 915 471€
How is this estimate calculated?

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.

  • 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 (Production d'électricité)

Compare RESEAUX DE CHALEUR URBAINS DE L'EST with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about RESEAUX DE CHALEUR URBAINS DE L'EST

What is the revenue of RESEAUX DE CHALEUR URBAINS DE L'EST ?

The revenue of RESEAUX DE CHALEUR URBAINS DE L'EST in 2022 is 14.0 M€.

Is RESEAUX DE CHALEUR URBAINS DE L'EST profitable?

Yes, RESEAUX DE CHALEUR URBAINS DE L'EST generated a net profit of 839 k€ in 2022.

Where is the headquarters of RESEAUX DE CHALEUR URBAINS DE L'EST ?

The headquarters of RESEAUX DE CHALEUR URBAINS DE L'EST is located in STRASBOURG (67000), in the department Bas-Rhin.

Where to find the tax return of RESEAUX DE CHALEUR URBAINS DE L'EST ?

The tax return of RESEAUX DE CHALEUR URBAINS DE L'EST 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 RESEAUX DE CHALEUR URBAINS DE L'EST operate?

RESEAUX DE CHALEUR URBAINS DE L'EST operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.