SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE : revenue, balance sheet and financial ratios

SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE is a French company founded 29 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in WITTELSHEIM (68310), this company of category PME shows in 2023 a revenue of 980 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 - SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE (SIREN 410563654)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 979 915 € 1 033 125 € 876 542 € 938 472 € 1 033 436 € 1 039 790 € 1 246 402 € 1 256 534 € 808 964 €
Net income 20 477 € 36 121 € -15 142 € 3 898 € 1 057 € 34 660 € 39 029 € 51 945 € 28 399 €
EBITDA 36 854 € 46 936 € -23 759 € 13 402 € 11 575 € 51 222 € 74 275 € 63 415 € 44 515 €
Net margin 2.1% 3.5% -1.7% 0.4% 0.1% 3.3% 3.1% 4.1% 3.5%

Revenue and income statement

In 2023, SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE achieves revenue of 980 k€. Revenue is growing positively over 9 years (CAGR: +2.4%). Slight decline of -5% vs 2022. After deducting consumption (335 k€), gross margin stands at 645 k€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 37 k€, representing 3.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 20 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.

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

979 915 €

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

645 193 €

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

36 854 €

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

24 698 €

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

20 477 €

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

3.8%

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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 6%. 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 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

5.657%

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

61.327%

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

3.126%

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

0.784

Asset age ratio (2023) ?
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

23.0%

Solvency indicators evolution
SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE

Sector positioning

Debt ratio
5.66 2023
2021
2022
2023
Q1: 0.0
Med: 5.04
Q3: 47.13
Average +10 pts over 3 years

In 2023, the debt ratio of SEIT SOCIETE D'ELECTRICIT... (5.66) 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
61.33% 2023
2021
2022
2023
Q1: 4.21%
Med: 32.28%
Q3: 62.31%
Good

In 2023, the financial autonomy of SEIT SOCIETE D'ELECTRICIT... (61.3%) 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.

Repayment capacity
0.78 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.59 years
Average +50 pts over 3 years

In 2023, the repayment capacity of SEIT SOCIETE D'ELECTRICIT... (0.78) 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 264.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

264.749

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

0.0

Liquidity indicators evolution
SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE

Sector positioning

Liquidity ratio
264.75 2023
2021
2022
2023
Q1: 141.95
Med: 253.16
Q3: 501.55
Good

In 2023, the liquidity ratio of SEIT SOCIETE D'ELECTRICIT... (264.75) 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
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.76x
Average

In 2023, the interest coverage of SEIT SOCIETE D'ELECTRICIT... (0.0x) 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: 114 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The gap of 49 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 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 111 days of revenue, i.e. 303 k€ to permanently finance. Over 2015-2023, WCR increased by +37%, requiring additional financing.

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

302 715 €

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

114 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

65 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

7 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

111 j

WCR and payment terms evolution
SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE

Positioning of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE in its sector

Comparison with sector Activités spécialisées, scientifiques et techniques diverses

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE is estimated at 190 567 € (range 54 996€ - 318 891€). With an EBITDA of 36 854€, the sector multiple of 3.5x is applied. The price/revenue ratio is 0.36x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
98 tx
54k€ 190k€ 318k€
190 567 € Range: 54 996€ - 318 891€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
36 854 € × 3.5x
Estimation 127 671 €
31 813€ - 209 301€
Revenue Multiple 30%
979 915 € × 0.36x
Estimation 356 183 €
116 959€ - 602 682€
Net Income Multiple 20%
20 477 € × 4.9x
Estimation 99 386 €
20 011€ - 167 181€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités spécialisées, scientifiques et techniques diverses)

Compare SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses

Frequently asked questions about SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE

What is the revenue of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE ?

The revenue of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE in 2023 is 980 k€.

Is SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE profitable?

Yes, SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE generated a net profit of 20 k€ in 2023.

Where is the headquarters of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE ?

The headquarters of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE is located in WITTELSHEIM (68310), in the department Haut-Rhin.

Where to find the tax return of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE ?

The tax return of SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE 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 SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE operate?

SEIT SOCIETE D'ELECTRICITE INDUSTRIELLE ET TERTIAIRE operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.