SANUELEC : revenue, balance sheet and financial ratios

SANUELEC is a French company founded 24 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in NUITS-SAINT-GEORGES (21700), this company of category PME shows in 2025 a revenue of 6.5 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 - SANUELEC (SIREN 441825098)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 546 149 € 5 089 398 € 5 071 124 € 4 354 749 € 4 318 268 € 3 824 926 € 3 582 681 € 3 209 060 € 2 726 057 € 2 524 869 €
Net income 151 435 € 77 116 € 116 730 € 73 284 € 75 005 € 45 133 € 38 225 € 36 445 € 17 482 € 59 343 €
EBITDA 239 926 € 119 928 € 143 464 € 24 702 € 140 175 € 84 195 € 84 699 € 58 072 € 32 296 € 108 642 €
Net margin 2.3% 1.5% 2.3% 1.7% 1.7% 1.2% 1.1% 1.1% 0.6% 2.4%

Revenue and income statement

In 2025, SANUELEC achieves revenue of 6.5 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +11.2%. Vs 2024, growth of +29% (5.1 M€ -> 6.5 M€). After deducting consumption (2.3 M€), gross margin stands at 4.3 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 240 k€, representing 3.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 151 k€, i.e. 2.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 546 149 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

4 272 007 €

EBITDA (2025) ?
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

239 926 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

197 712 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

151 435 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.7%

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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 5%. 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 40%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.65%

Financial autonomy (2025) ?
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

39.811%

Cash flow / Revenue (2025) ?
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

2.93%

Repayment capacity (2025) ?
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

0.224

Asset age ratio (2025) ?
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

29.1%

Solvency indicators evolution
SANUELEC

Sector positioning

Debt ratio
4.65 2025
2023
2024
2025
Q1: 2.6
Med: 13.2
Q3: 37.17
Good -17 pts over 3 years

In 2025, the debt ratio of SANUELEC (4.65) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
39.81% 2025
2023
2024
2025
Q1: 25.95%
Med: 46.8%
Q3: 62.59%
Average -20 pts over 3 years

In 2025, the financial autonomy of SANUELEC (39.8%) 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
0.22 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.22 years
Q3: 1.22 years
Average -18 pts over 3 years

In 2025, the repayment capacity of SANUELEC (0.22) 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 170.88. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2025) ?
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

170.883

Interest coverage (2025) ?
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

0.302

Liquidity indicators evolution
SANUELEC

Sector positioning

Liquidity ratio
170.88 2025
2023
2024
2025
Q1: 171.8
Med: 237.22
Q3: 351.3
Watch -9 pts over 3 years

In 2025, the liquidity ratio of SANUELEC (170.88) 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.

Interest coverage
0.3x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.31x
Q3: 2.85x
Average -8 pts over 3 years

In 2025, the interest coverage of SANUELEC (0.3x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 26 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 68 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2016-2025, WCR increased by +195%, requiring additional financing.

Operating WCR (2025) ?
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

1 244 816 €

Customer credit (2025) ?
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

55 j

Supplier credit (2025) ?
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

63 j

Inventory turnover (2025) ?
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

26 j

WCR in days of revenue (2025) ?
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

68 j

WCR and payment terms evolution
SANUELEC

Positioning of SANUELEC in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Based on 283 transactions of similar company sales (all years), the value of SANUELEC is estimated at 521 885 € (range 274 726€ - 1 292 393€). With an EBITDA of 239 926€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (conservative valuation). 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.

Estimated enterprise value 2025
283 transactions
274k€ 521k€ 1292k€
521 885 € Range: 274 726€ - 1 292 393€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
239 926 € × 1.0x
Estimation 250 497 €
93 090€ - 876 074€
Revenue Multiple 30%
6 546 149 € × 0.18x
Estimation 1 174 803 €
709 142€ - 2 283 695€
Net Income Multiple 20%
151 435 € × 1.5x
Estimation 220 981 €
77 193€ - 846 239€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 283 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 électrique dans tous locaux)

Compare SANUELEC with other companies in the same sector:

Frequently asked questions about SANUELEC

What is the revenue of SANUELEC ?

The revenue of SANUELEC in 2025 is 6.5 M€.

Is SANUELEC profitable?

Yes, SANUELEC generated a net profit of 151 k€ in 2025.

Where is the headquarters of SANUELEC ?

The headquarters of SANUELEC is located in NUITS-SAINT-GEORGES (21700), in the department Cote-d'Or.

Where to find the tax return of SANUELEC ?

The tax return of SANUELEC 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 SANUELEC operate?

SANUELEC 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.