SOC TRAVAUX ELECTRIQUES CORSES : revenue, balance sheet and financial ratios

SOC TRAVAUX ELECTRIQUES CORSES is a French company founded 20 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in BASTIA (20600), this company of category PME shows in 2022 a revenue of 839 k€. 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 - SOC TRAVAUX ELECTRIQUES CORSES (SIREN 488945809)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 839 149 € 766 840 € 965 417 € N/C N/C N/C N/C
Net income 673 € 1 227 € 8 475 € 8 921 € 24 551 € 74 216 € 83 455 €
EBITDA 7 497 € -13 191 € 12 772 € N/C N/C N/C N/C
Net margin 0.1% 0.2% 0.9% N/C N/C N/C N/C

Revenue and income statement

In 2022, SOC TRAVAUX ELECTRIQUES CORSES achieves revenue of 839 k€. Revenue is declining over the period 2020-2022 (CAGR: -6.8%). Vs 2021: +9%. After deducting consumption (296 k€), gross margin stands at 543 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 7 k€, representing 0.9% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 673 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

839 149 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

543 147 €

EBITDA (2022) ?
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

7 497 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

14 125 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

673 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.9%

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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 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

33.276%

Financial autonomy (2022) ?
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

35.64%

Cash flow / Revenue (2022) ?
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

-0.756%

Repayment capacity (2022) ?
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

-18.34

Asset age ratio (2022) ?
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

2.0%

Solvency indicators evolution
SOC TRAVAUX ELECTRIQUES CORSES

Sector positioning

Debt ratio
33.28 2022
2020
2021
2022
Q1: 0.78
Med: 18.71
Q3: 64.32
Average -7 pts over 3 years

In 2022, the debt ratio of SOC TRAVAUX ELECTRIQUES C... (33.28) 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
35.64% 2022
2020
2021
2022
Q1: 11.91%
Med: 32.52%
Q3: 53.92%
Good

In 2022, the financial autonomy of SOC TRAVAUX ELECTRIQUES C... (35.6%) 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
-18.34 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.12 years
Q3: 1.46 years
Excellent

In 2022, the repayment capacity of SOC TRAVAUX ELECTRIQUES C... (-18.34) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 187.30. 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 20.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

187.296

Interest coverage (2022) ?
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

20.902

Liquidity indicators evolution
SOC TRAVAUX ELECTRIQUES CORSES

Sector positioning

Liquidity ratio
187.3 2022
2020
2021
2022
Q1: 148.9
Med: 210.29
Q3: 309.26
Average

In 2022, the liquidity ratio of SOC TRAVAUX ELECTRIQUES C... (187.30) 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
20.9x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.08x
Q3: 1.77x
Excellent

In 2022, the interest coverage of SOC TRAVAUX ELECTRIQUES C... (20.9x) 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. Average customer payment term: 289 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 193 days. The gap of 96 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 73 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 366 days of revenue, i.e. 854 k€ to permanently finance.

Operating WCR (2022) ?
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

853 532 €

Customer credit (2022) ?
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

289 j

Supplier credit (2022) ?
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

193 j

Inventory turnover (2022) ?
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

73 j

WCR in days of revenue (2022) ?
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

366 j

WCR and payment terms evolution
SOC TRAVAUX ELECTRIQUES CORSES

Positioning of SOC TRAVAUX ELECTRIQUES CORSES 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 (30 transactions). This range of 49 002€ to 113 935€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
49k€ 98k€ 113k€
98 857 € Range: 49 002€ - 113 935€
NAF 5 année 2022

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 30 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 TRAVAUX ELECTRIQUES CORSES 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 TRAVAUX ELECTRIQUES CORSES

What is the revenue of SOC TRAVAUX ELECTRIQUES CORSES ?

The revenue of SOC TRAVAUX ELECTRIQUES CORSES in 2022 is 839 k€.

Is SOC TRAVAUX ELECTRIQUES CORSES profitable?

Yes, SOC TRAVAUX ELECTRIQUES CORSES generated a net profit of 673€ in 2022.

Where is the headquarters of SOC TRAVAUX ELECTRIQUES CORSES ?

The headquarters of SOC TRAVAUX ELECTRIQUES CORSES is located in BASTIA (20600).

Where to find the tax return of SOC TRAVAUX ELECTRIQUES CORSES ?

The tax return of SOC TRAVAUX ELECTRIQUES CORSES 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 TRAVAUX ELECTRIQUES CORSES operate?

SOC TRAVAUX ELECTRIQUES CORSES 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.