SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE : revenue, balance sheet and financial ratios

SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE is a French company founded 18 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in BREST (29200), this company of category PME shows in 2022 a revenue of 3.1 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 BRETAGNE ELECTRICITE CHAUFFAGE (SIREN 502584048)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 3 133 998 € 3 663 429 € 3 706 719 € 2 860 299 € 2 960 299 € 3 144 311 € 2 786 111 €
Net income 223 439 € 209 839 € 212 415 € 174 181 € 157 682 € 151 318 € 204 596 € 176 240 €
EBITDA N/C 472 796 € 553 959 € 412 011 € 242 586 € 341 373 € 322 264 € 349 080 €
Net margin N/C 6.7% 5.8% 4.7% 5.5% 5.1% 6.5% 6.3%

Revenue and income statement

In 2023, SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE generates positive net income of 223 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 176 k€ -> 223 k€.

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

223 439 €

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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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory.

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

35.752%

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

27.677%

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

17.8%

Solvency indicators evolution
SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE

Sector positioning

Debt ratio
35.75 2023
2021
2022
2023
Q1: 0.75
Med: 15.34
Q3: 51.58
Average -6 pts over 3 years

In 2023, the debt ratio of SOCIETE BRETAGNE ELECTRIC... (35.75) 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
27.68% 2023
2021
2022
2023
Q1: 11.18%
Med: 33.93%
Q3: 55.23%
Average

In 2023, the financial autonomy of SOCIETE BRETAGNE ELECTRIC... (27.7%) 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
0.44 years 2022
2021
2022
Q1: 0.0 years
Med: 0.12 years
Q3: 1.46 years
Average

In 2022, the repayment capacity of SOCIETE BRETAGNE ELECTRIC... (0.44) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 249.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

249.99

Liquidity indicators evolution
SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE

Sector positioning

Liquidity ratio
249.99 2023
2021
2022
2023
Q1: 153.33
Med: 216.28
Q3: 323.4
Good +10 pts over 3 years

In 2023, the liquidity ratio of SOCIETE BRETAGNE ELECTRIC... (249.99) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.85x 2022
2021
2022
Q1: 0.0x
Med: 0.09x
Q3: 1.78x
Good

In 2022, the interest coverage of SOCIETE BRETAGNE ELECTRIC... (0.8x) 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.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE

Positioning of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE 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 323 687€ to 608 504€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
323k€ 503k€ 608k€
503 211 € Range: 323 687€ - 608 504€
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 BRETAGNE ELECTRICITE CHAUFFAGE 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 BRETAGNE ELECTRICITE CHAUFFAGE

What is the revenue of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE ?

The revenue of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE in 2022 is 3.1 M€.

Is SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE profitable?

Yes, SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE generated a net profit of 223 k€ in 2023.

Where is the headquarters of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE ?

The headquarters of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE is located in BREST (29200), in the department Finistere.

Where to find the tax return of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE ?

The tax return of SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE 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 BRETAGNE ELECTRICITE CHAUFFAGE operate?

SOCIETE BRETAGNE ELECTRICITE CHAUFFAGE 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.