SIREN : 840690184
RS PROJET 38 is a French company founded 7 years ago, specialized in the sector Production d'électricité. Based in ROQUEFORT (47310), this company of category ETI shows in 2024 a revenue of 1.3 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 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 330 908 € | 1 760 743 € | 2 138 817 € | 325 194 € | N/C | N/C | N/C |
| Net income | -341 610 € | 277 140 € | -49 063 € | -260 449 € | -90 810 € | -3 350 € | -803 € |
| EBITDA | 937 118 € | 1 346 851 € | 1 217 133 € | 178 115 € | -324 501 € | -11 679 € | -803 € |
| Net margin | -25.7% | 15.7% | -2.3% | -80.1% | N/C | N/C | N/C |
In 2024, RS PROJET 38 achieves revenue of 1.3 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +60.0%. Significant drop of -24% vs 2023. After deducting consumption (0 €), gross margin stands at 1.3 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 937 k€, representing 70.4% of revenue. Warning negative scissor effect: despite revenue change (-24%), EBITDA varies by -30%, reducing margin by 6.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -342 k€ (-25.7% of revenue), which will impact equity.
1 330 908 €
1 330 908 €
937 118 €
193 454 €
-341 610 €
70.4%
The debt ratio (= Financial debt / Equity x 100) stands at 568%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 22.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 47.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
567.616%
14.285%
47.021%
22.231
87.5%
In 2024, the debt ratio of RS PROJET 38 (567.62) 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 RS PROJET 38 (14.3%) 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 RS PROJET 38 (22.23) 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 48.42. 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 83.2x. Operating income very largely covers interest expenses: high safety margin.
48.419
83.155
In 2024, the liquidity ratio of RS PROJET 38 (48.42) 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 2024, the interest coverage of RS PROJET 38 (83.2x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The gap of 35 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-364 days): operations structurally generate cash.
-1 346 866 €
70 j
35 j
0 j
-364 j
Based on 85 transactions of similar company sales
(all years),
the value of RS PROJET 38 is estimated at
1 762 489 €
(range 223 491€ - 7 069 809€).
With an EBITDA of 937 118€, 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 RS PROJET 38 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of RS PROJET 38 in 2024 is 1.3 M€.
RS PROJET 38 recorded a net loss in 2024.
The headquarters of RS PROJET 38 is located in ROQUEFORT (47310), in the department Lot-et-Garonne.
The tax return of RS PROJET 38 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).
RS PROJET 38 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.