SEINE-ET-MARNE THD : revenue, balance sheet and financial ratios

SEINE-ET-MARNE THD is a French company founded 11 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in COURBEVOIE (92400), this company of category GE shows in 2024 a revenue of 32.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - SEINE-ET-MARNE THD (SIREN 808610216)
Indicator 2024 2023 2021 2020 2019 2018 2017
Revenue 32 083 774 € 24 987 136 € 16 897 299 € 10 790 992 € 5 559 602 € 1 879 893 € 847 063 €
Net income -3 983 999 € -2 154 570 € -4 850 618 € -6 008 353 € -4 085 449 € -5 622 021 € -2 877 911 €
EBITDA 15 454 479 € 14 018 690 € 10 974 899 € 3 862 974 € 2 203 612 € -1 579 026 € -1 764 512 €
Net margin -12.4% -8.6% -28.7% -55.7% -73.5% -299.1% -339.8%

Revenue and income statement

In 2024, SEINE-ET-MARNE THD achieves revenue of 32.1 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +68.1%. Vs 2023, growth of +28% (25.0 M€ -> 32.1 M€). After deducting consumption (0 €), gross margin stands at 32.1 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 15.5 M€, representing 48.2% of revenue. Warning negative scissor effect: despite revenue change (+28%), EBITDA varies by +10%, reducing margin by 7.9 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 -4.0 M€ (-12.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

32 083 774 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

32 083 774 €

EBITDA (2024) ?
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

15 454 479 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-3 829 242 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-3 983 999 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

48.2%

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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 146%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 32.5% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

145.672%

Financial autonomy (2024) ?
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

19.146%

Cash flow / Revenue (2024) ?
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

32.544%

Repayment capacity (2024) ?
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

6.915

Asset age ratio (2024) ?
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

79.2%

Solvency indicators evolution
SEINE-ET-MARNE THD

Sector positioning

Debt ratio
145.67 2024
2021
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Average

In 2024, the debt ratio of SEINE-ET-MARNE THD (145.67) 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
19.15% 2024
2021
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Average

In 2024, the financial autonomy of SEINE-ET-MARNE THD (19.1%) 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
6.92 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.9 years
Watch

In 2024, the repayment capacity of SEINE-ET-MARNE THD (6.92) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 97.64. 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 30.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

97.64

Interest coverage (2024) ?
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

30.407

Liquidity indicators evolution
SEINE-ET-MARNE THD

Sector positioning

Liquidity ratio
97.64 2024
2021
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Watch -7 pts over 3 years

In 2024, the liquidity ratio of SEINE-ET-MARNE THD (97.64) 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
30.41x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Excellent

In 2024, the interest coverage of SEINE-ET-MARNE THD (30.4x) 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: 242 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 186 days. The gap of 56 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 (-990 days): operations structurally generate cash. Notable WCR improvement over the period (-889%), freeing up cash.

Operating WCR (2024) ?
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

-88 193 482 €

Customer credit (2024) ?
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

242 j

Supplier credit (2024) ?
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

186 j

Inventory turnover (2024) ?
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 (2024) ?
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

-990 j

WCR and payment terms evolution
SEINE-ET-MARNE THD

Positioning of SEINE-ET-MARNE THD in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 5 337 366€ to 35 347 483€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
5337k€ 11188k€ 35347k€
11 188 487 € Range: 5 337 366€ - 35 347 483€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 SEINE-ET-MARNE THD with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about SEINE-ET-MARNE THD

What is the revenue of SEINE-ET-MARNE THD ?

The revenue of SEINE-ET-MARNE THD in 2024 is 32.1 M€.

Is SEINE-ET-MARNE THD profitable?

SEINE-ET-MARNE THD recorded a net loss in 2024.

Where is the headquarters of SEINE-ET-MARNE THD ?

The headquarters of SEINE-ET-MARNE THD is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of SEINE-ET-MARNE THD ?

The tax return of SEINE-ET-MARNE THD 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-ET-MARNE THD operate?

SEINE-ET-MARNE THD 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.