SOC CORSE APPLICATION DES ENERGIES : revenue, balance sheet and financial ratios

SOC CORSE APPLICATION DES ENERGIES is a French company founded 32 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in BORGO (20290), this company of category PME shows in 2023 a revenue of 12.5 M€. 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 - SOC CORSE APPLICATION DES ENERGIES (SIREN 394650410)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 12 453 160 € 9 748 183 € 15 304 309 € 14 465 888 € 15 662 752 € 15 855 899 € 19 526 681 € 16 216 641 €
Net income 425 395 € 478 366 € 93 301 € 185 781 € -51 683 € 594 753 € 233 551 € 203 508 € 99 794 €
EBITDA N/C 249 940 € -183 402 € 576 642 € -242 306 € 139 651 € -7 198 € 198 321 € -55 150 €
Net margin N/C 3.8% 1.0% 1.2% -0.4% 3.8% 1.5% 1.0% 0.6%

Revenue and income statement

In 2024, SOC CORSE APPLICATION DES ENERGIES generates positive net income of 425 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 100 k€ -> 425 k€.

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

425 395 €

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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 24%. 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 25%. The balance between equity and debt is satisfactory.

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

23.551%

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

25.448%

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

34.5%

Solvency indicators evolution
SOC CORSE APPLICATION DES ENERGIES

Sector positioning

Debt ratio
23.55 2024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.38
Average +6 pts over 3 years

In 2024, the debt ratio of SOC CORSE APPLICATION DES... (23.55) 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
25.45% 2024
2022
2023
2024
Q1: 12.17%
Med: 36.78%
Q3: 58.23%
Average -22 pts over 3 years

In 2024, the financial autonomy of SOC CORSE APPLICATION DES... (25.4%) 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
15.84 years 2023
2022
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Watch +50 pts over 2 years

In 2023, the repayment capacity of SOC CORSE APPLICATION DES... (15.84) 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 160.29. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

160.287

Liquidity indicators evolution
SOC CORSE APPLICATION DES ENERGIES

Sector positioning

Liquidity ratio
160.29 2024
2022
2023
2024
Q1: 154.2
Med: 223.28
Q3: 341.41
Average -23 pts over 3 years

In 2024, the liquidity ratio of SOC CORSE APPLICATION DES... (160.29) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
97.9x 2023
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Excellent +50 pts over 2 years

In 2023, the interest coverage of SOC CORSE APPLICATION DES... (97.9x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
SOC CORSE APPLICATION DES ENERGIES

Positioning of SOC CORSE APPLICATION DES ENERGIES 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 280 898€ to 1 560 583€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
280k€ 485k€ 1560k€
485 207 € Range: 280 898€ - 1 560 583€
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 SOC CORSE APPLICATION DES ENERGIES with other companies in the same sector:

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

Frequently asked questions about SOC CORSE APPLICATION DES ENERGIES

What is the revenue of SOC CORSE APPLICATION DES ENERGIES ?

The revenue of SOC CORSE APPLICATION DES ENERGIES in 2023 is 12.5 M€.

Is SOC CORSE APPLICATION DES ENERGIES profitable?

Yes, SOC CORSE APPLICATION DES ENERGIES generated a net profit of 425 k€ in 2024.

Where is the headquarters of SOC CORSE APPLICATION DES ENERGIES ?

The headquarters of SOC CORSE APPLICATION DES ENERGIES is located in BORGO (20290).

Where to find the tax return of SOC CORSE APPLICATION DES ENERGIES ?

The tax return of SOC CORSE APPLICATION DES ENERGIES 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 SOC CORSE APPLICATION DES ENERGIES operate?

SOC CORSE APPLICATION DES ENERGIES 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.