SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG : revenue, balance sheet and financial ratios

SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG is a French company founded 40 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in MARSEILLE (13016), this company of category PME shows in 2022 a revenue of 7.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG (SIREN 334763679)
Indicator 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 7 010 692 € 5 197 438 € 5 282 318 € 7 321 587 € N/C 4 414 316 € 4 511 692 € 3 715 288 €
Net income 116 151 € 94 235 € -153 944 € 144 623 € 91 911 € 82 857 € 43 967 € 13 426 €
EBITDA 180 706 € 129 571 € -179 764 € 226 675 € N/C 114 067 € 43 008 € 25 379 €
Net margin 1.7% 1.8% -2.9% 2.0% N/C 1.9% 1.0% 0.4%

Revenue and income statement

In 2022, SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG achieves revenue of 7.0 M€. Over the period 2015-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +9.5%. Vs 2021, growth of +35% (5.2 M€ -> 7.0 M€). After deducting consumption (2.6 M€), gross margin stands at 4.4 M€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 181 k€, representing 2.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 116 k€, i.e. 1.7% 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

7 010 692 €

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

4 375 569 €

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

180 706 €

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

173 108 €

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

116 151 €

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

2.6%

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Chart evolution

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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 177%. 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 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

177.187%

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

23.466%

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

1.795%

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

9.941

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

11.6%

Solvency indicators evolution
SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG

Sector positioning

Debt ratio
177.19 2022
2020
2021
2022
Q1: 2.37
Med: 20.75
Q3: 64.42
Watch

In 2022, the debt ratio of SANITAIRE PLOMBERIE ELECT... (177.19) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
23.47% 2022
2020
2021
2022
Q1: 14.99%
Med: 33.3%
Q3: 51.91%
Average +6 pts over 3 years

In 2022, the financial autonomy of SANITAIRE PLOMBERIE ELECT... (23.5%) 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
9.94 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.29 years
Q3: 1.7 years
Average +50 pts over 3 years

In 2022, the repayment capacity of SANITAIRE PLOMBERIE ELECT... (9.94) 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 213.44. 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 17.7x. Operating income very largely covers interest expenses: high safety margin.

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

213.442

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

17.732

Liquidity indicators evolution
SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG

Sector positioning

Liquidity ratio
213.44 2022
2020
2021
2022
Q1: 151.74
Med: 201.88
Q3: 289.23
Good +18 pts over 3 years

In 2022, the liquidity ratio of SANITAIRE PLOMBERIE ELECT... (213.44) 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
17.73x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.31x
Q3: 2.21x
Excellent +50 pts over 3 years

In 2022, the interest coverage of SANITAIRE PLOMBERIE ELECT... (17.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 124 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The gap of 71 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 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 165 days of revenue, i.e. 3.2 M€ to permanently finance. Over 2015-2022, WCR increased by +168%, 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

3 217 978 €

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

124 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

53 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

3 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

165 j

WCR and payment terms evolution
SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG

Positioning of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG 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 (47 transactions). This range of 521 057€ to 1 227 256€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
521k€ 677k€ 1227k€
677 331 € Range: 521 057€ - 1 227 256€
NAF 5 année 2022

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG 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 SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG

What is the revenue of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG ?

The revenue of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG in 2022 is 7.0 M€.

Is SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG profitable?

Yes, SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG generated a net profit of 116 k€ in 2022.

Where is the headquarters of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG ?

The headquarters of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG is located in MARSEILLE (13016), in the department Bouches-du-Rhone.

Where to find the tax return of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG ?

The tax return of SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG 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 SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG operate?

SANITAIRE PLOMBERIE ELECTRICITE CHAUFFAG 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.