SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE : revenue, balance sheet and financial ratios

SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE is a French company founded 15 years ago, specialized in the sector Production d'électricité. Based in PARIS (75015), this company of category PME shows in 2018 a revenue of 58 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 - SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE (SIREN 523228690)
Indicator 2018 2017 2016 2013
Revenue 57 758 € N/C N/C 137 011 €
Net income 18 118 € 0 € 0 € -10 333 €
EBITDA -12 252 € N/C N/C 12 406 €
Net margin 31.4% N/C N/C -7.5%

Revenue and income statement

In 2018, SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE achieves revenue of 58 k€. Revenue is declining over the period 2013-2018 (CAGR: -15.9%). After deducting consumption (0 €), gross margin stands at 58 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -12 k€, representing -21.2% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 18 k€, i.e. 31.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

57 758 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

57 758 €

EBITDA (2018) ?
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

-12 252 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-67 047 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

18 118 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-21.2%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 271%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 66%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 128.4% 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 (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

271.239%

Financial autonomy (2018) ?
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

66.42%

Cash flow / Revenue (2018) ?
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

128.394%

Repayment capacity (2018) ?
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

0.0

Asset age ratio (2018) ?
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

82.6%

Solvency indicators evolution
SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE

Sector positioning

Debt ratio
271.24 2018
2016
2017
2018
Q1: -152.55
Med: 3.93
Q3: 381.49
Average +7 pts over 3 years

In 2018, the debt ratio of SHEN - SOCIETE HYDRO ELEC... (271.24) 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
66.42% 2018
2016
2017
2018
Q1: -3.15%
Med: 11.82%
Q3: 59.0%
Excellent

In 2018, the financial autonomy of SHEN - SOCIETE HYDRO ELEC... (66.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2018
2018
Q1: -0.35 years
Med: 1.86 years
Q3: 8.67 years
Good

In 2018, the repayment capacity of SHEN - SOCIETE HYDRO ELEC... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 6.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

6.507

Interest coverage (2018) ?
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

-32.672

Liquidity indicators evolution
SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE

Sector positioning

Liquidity ratio
6.51 2018
2016
2017
2018
Q1: 81.75
Med: 269.0
Q3: 917.7
Watch

In 2018, the liquidity ratio of SHEN - SOCIETE HYDRO ELEC... (6.51) 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
-32.67x 2018
2018
Q1: 0.0x
Med: 4.67x
Q3: 21.18x
Average

In 2018, the interest coverage of SHEN - SOCIETE HYDRO ELEC... (-32.7x) 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: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 259 days. Excellent situation: suppliers finance 167 days of the operating cycle (retail model). WCR is negative (-5249 days): operations structurally generate cash.

Operating WCR (2018) ?
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

-842 167 €

Customer credit (2018) ?
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

92 j

Supplier credit (2018) ?
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

259 j

Inventory turnover (2018) ?
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 (2018) ?
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

-5249 j

WCR and payment terms evolution
SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE

Positioning of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE is estimated at 44 844 € (range 10 019€ - 198 653€). The price/revenue ratio is 0.69x (in line with sector norms). 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 2018
85 tx
10k€ 44k€ 198k€
44 844 € Range: 10 019€ - 198 653€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
57 758 € × 0.69x
Estimation 39 959 €
7 867€ - 202 779€
Net Income Multiple 20%
18 118 € × 2.9x
Estimation 52 173 €
13 248€ - 192 465€
How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Production d'électricité)

Compare SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE

What is the revenue of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE ?

The revenue of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE in 2018 is 58 k€.

Is SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE profitable?

Yes, SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE generated a net profit of 18 k€ in 2018.

Where is the headquarters of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE ?

The headquarters of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE is located in PARIS (75015), in the department Paris.

Where to find the tax return of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE ?

The tax return of SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE 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 SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE operate?

SHEN - SOCIETE HYDRO ELECTRIQUE DE LA NIVE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.