SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE : revenue, balance sheet and financial ratios

SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE is a French company founded 37 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in PACE (35740), this company of category PME shows in 2023 a revenue of 13.5 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 - SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE (SIREN 347667503)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 13 486 953 € 11 958 787 € 10 837 730 € 10 355 517 € 9 417 824 € 8 711 615 € 12 022 870 €
Net income 511 903 € 815 104 € 690 458 € 507 401 € 512 857 € 192 677 € 487 100 €
EBITDA 863 006 € 1 377 696 € 1 279 167 € 906 524 € 909 862 € 264 788 € 799 485 €
Net margin 3.8% 6.8% 6.4% 4.9% 5.4% 2.2% 4.1%

Revenue and income statement

In 2023, SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE achieves revenue of 13.5 M€. Revenue is growing positively over 7 years (CAGR: +1.7%). Vs 2021, growth of +13% (12.0 M€ -> 13.5 M€). After deducting consumption (5.7 M€), gross margin stands at 7.8 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 863 k€, representing 6.4% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -37%, reducing margin by 5.1 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 512 k€, i.e. 3.8% 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

13 486 953 €

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

7 755 364 €

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

863 006 €

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

807 577 €

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

511 903 €

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

6.4%

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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 8%. 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 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.9% 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

7.979%

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

37.056%

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

3.886%

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

0.052

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

28.0%

Solvency indicators evolution
SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE

Sector positioning

Debt ratio
7.98 2023
2020
2021
2023
Q1: 0.75
Med: 15.34
Q3: 51.58
Good

In 2023, the debt ratio of SOCIETE APPLICATIONS TECH... (7.98) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
37.06% 2023
2020
2021
2023
Q1: 11.18%
Med: 33.93%
Q3: 55.23%
Good +13 pts over 3 years

In 2023, the financial autonomy of SOCIETE APPLICATIONS TECH... (37.1%) 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
0.05 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Good -15 pts over 3 years

In 2023, the repayment capacity of SOCIETE APPLICATIONS TECH... (0.05) 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 156.05. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

156.048

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

1.844

Liquidity indicators evolution
SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE

Sector positioning

Liquidity ratio
156.05 2023
2020
2021
2023
Q1: 153.33
Med: 216.28
Q3: 323.4
Average +13 pts over 3 years

In 2023, the liquidity ratio of SOCIETE APPLICATIONS TECH... (156.05) 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
1.84x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Good +22 pts over 3 years

In 2023, the interest coverage of SOCIETE APPLICATIONS TECH... (1.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 93 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 130 days of revenue, i.e. 4.9 M€ to permanently finance. Over 2016-2023, WCR increased by +69%, 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

4 857 056 €

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

93 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

86 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

16 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

130 j

WCR and payment terms evolution
SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE

Positioning of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE 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 (25 transactions). This range of 948 746€ to 4 061 734€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
948k€ 3132k€ 4061k€
3 132 197 € Range: 948 746€ - 4 061 734€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 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 SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE with other companies in the same sector:

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

Frequently asked questions about SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE

What is the revenue of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE ?

The revenue of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE in 2023 is 13.5 M€.

Is SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE profitable?

Yes, SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE generated a net profit of 512 k€ in 2023.

Where is the headquarters of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE ?

The headquarters of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE is located in PACE (35740), in the department Ille-et-Vilaine.

Where to find the tax return of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE ?

The tax return of SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE 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 SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE operate?

SOCIETE APPLICATIONS TECHNIQUES INDUSTRIELLES FRANCE 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.