SIREN : 317612331
SERELEC is a French company founded 47 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in ESSIGNY-LE-GRAND (02690), this company of category PME shows in 2019 a revenue of 1.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 1 120 083 € | 1 111 322 € | 1 340 066 € |
| Net income | 6 926 € | 9 793 € | 43 945 € |
| EBITDA | 10 568 € | 70 096 € | 87 304 € |
| Net margin | 0.6% | 0.9% | 3.3% |
In 2019, SERELEC achieves revenue of 1.1 M€. Revenue is declining over the period 2016-2019 (CAGR: -5.8%). Vs 2017: +1%. After deducting consumption (287 k€), gross margin stands at 833 k€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 0.9% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -85%, reducing margin by 5.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.
1 120 083 €
833 331 €
10 568 €
6 105 €
6 926 €
0.9%
The debt ratio (= Financial debt / Equity x 100) stands at 92%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 36.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
91.616%
44.704%
1.244%
36.142
12.4%
In 2019, the debt ratio of SERELEC (91.62) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of SERELEC (44.7%) 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.
In 2019, the repayment capacity of SERELEC (36.14) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 631.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
631.635
0.0
In 2019, the liquidity ratio of SERELEC (631.63) 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.
In 2019, the interest coverage of SERELEC (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 184 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The gap of 119 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 61 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 190 days of revenue, i.e. 592 k€ to permanently finance.
592 121 €
184 j
65 j
61 j
190 j
Based on 53 transactions of similar company sales
in 2019,
the value of SERELEC is estimated at
61 293 €
(range 26 371€ - 113 550€).
With an EBITDA of 10 568€, the sector multiple of 0.7x is applied.
The price/revenue ratio is 0.17x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 53 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SERELEC with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux
The revenue of SERELEC in 2019 is 1.1 M€.
Yes, SERELEC generated a net profit of 7 k€ in 2019.
The headquarters of SERELEC is located in ESSIGNY-LE-GRAND (02690), in the department Aisne.
The tax return of SERELEC 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).
SERELEC 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.