SEINE ESTUAIRE NETWORKS : revenue, balance sheet and financial ratios

SEINE ESTUAIRE NETWORKS is a French company founded 13 years ago, specialized in the sector Autres activités de télécommunication . Based in COURBEVOIE (92400), this company of category ETI shows in 2023 a revenue of 82 k€. 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 - SEINE ESTUAIRE NETWORKS (SIREN 753422336)
Indicator 2023 2022 2021 2020
Revenue 81 584 € 68 045 € 1 027 461 € 1 063 056 €
Net income -137 013 € -162 806 € 207 334 € 382 505 €
EBITDA 12 914 € -69 178 € 537 781 € 542 738 €
Net margin -167.9% -239.3% 20.2% 36.0%

Revenue and income statement

In 2023, SEINE ESTUAIRE NETWORKS achieves revenue of 82 k€. Revenue is declining over the period 2020-2023 (CAGR: -57.5%). Vs 2022, growth of +20% (68 k€ -> 82 k€). After deducting consumption (67 k€), gross margin stands at 15 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 15.8% of revenue. Positive scissor effect: EBITDA margin improves by +117.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -137 k€ (-167.9% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

81 584 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

15 071 €

EBITDA (2023) ?
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

12 914 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

12 300 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-137 013 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

15.8%

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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 -171%. 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 -133%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-171.393%

Financial autonomy (2023) ?
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

-133.492%

Cash flow / Revenue (2023) ?
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

-162.744%

Repayment capacity (2023) ?
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

-5.067

Solvency indicators evolution
SEINE ESTUAIRE NETWORKS

Sector positioning

Debt ratio
-171.39 2023
2021
2022
2023
Q1: 0.0
Med: 6.08
Q3: 55.66
Excellent

In 2023, the debt ratio of SEINE ESTUAIRE NETWORKS (-171.39) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-133.49% 2023
2021
2022
2023
Q1: 3.01%
Med: 26.09%
Q3: 50.42%
Watch

In 2023, the financial autonomy of SEINE ESTUAIRE NETWORKS (-133.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-5.07 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.1 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of SEINE ESTUAIRE NETWORKS (-5.07) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 2129.10. 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 320.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

2129.098

Interest coverage (2023) ?
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

320.288

Liquidity indicators evolution
SEINE ESTUAIRE NETWORKS

Sector positioning

Liquidity ratio
2129.1 2023
2021
2022
2023
Q1: 103.16
Med: 163.31
Q3: 289.19
Excellent

In 2023, the liquidity ratio of SEINE ESTUAIRE NETWORKS (2129.10) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
320.29x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.97x
Excellent +7 pts over 3 years

In 2023, the interest coverage of SEINE ESTUAIRE NETWORKS (320.3x) 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: 118 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 16 days. The gap of 102 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1226 days of revenue, i.e. 278 k€ to permanently finance.

Operating WCR (2023) ?
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

277 761 €

Customer credit (2023) ?
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

118 j

Supplier credit (2023) ?
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

16 j

Inventory turnover (2023) ?
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

0 j

WCR in days of revenue (2023) ?
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

1226 j

WCR and payment terms evolution
SEINE ESTUAIRE NETWORKS

Positioning of SEINE ESTUAIRE NETWORKS in its sector

Comparison with sector Autres activités de télécommunication

Valuation estimate

Based on 101 transactions of similar company sales (all years), the value of SEINE ESTUAIRE NETWORKS is estimated at 8 397 € (range 3 636€ - 31 377€). With an EBITDA of 12 914€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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 2023
101 transactions
3k€ 8k€ 31k€
8 397 € Range: 3 636€ - 31 377€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
12 914 € × 0.6x
Estimation 7 191 €
2 056€ - 9 108€
Revenue Multiple 30%
81 584 € × 0.13x
Estimation 10 409 €
6 270€ - 68 494€
How is this estimate calculated?

This estimate is based on the analysis of 101 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 (Autres activités de télécommunication )

Compare SEINE ESTUAIRE NETWORKS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de télécommunication

Frequently asked questions about SEINE ESTUAIRE NETWORKS

What is the revenue of SEINE ESTUAIRE NETWORKS ?

The revenue of SEINE ESTUAIRE NETWORKS in 2023 is 82 k€.

Is SEINE ESTUAIRE NETWORKS profitable?

SEINE ESTUAIRE NETWORKS recorded a net loss in 2023.

Where is the headquarters of SEINE ESTUAIRE NETWORKS ?

The headquarters of SEINE ESTUAIRE NETWORKS is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of SEINE ESTUAIRE NETWORKS ?

The tax return of SEINE ESTUAIRE NETWORKS 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 SEINE ESTUAIRE NETWORKS operate?

SEINE ESTUAIRE NETWORKS operates in the sector Autres activités de télécommunication (NAF code 61.90Z). See the 'Sector positioning' section above to compare the company with its competitors.