SOCIETE D'ENERGIE RENOUVELABLE NUMERO II : revenue, balance sheet and financial ratios

SOCIETE D'ENERGIE RENOUVELABLE NUMERO II is a French company founded 6 years ago, specialized in the sector Production de combustibles gazeux. Based in ENQUIN-LEZ-GUINEGATTE (62145), this company of category PME shows in 2023 a revenue of 73 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 - SOCIETE D'ENERGIE RENOUVELABLE NUMERO II (SIREN 882718034)
Indicator 2023 2021 2020
Revenue 73 413 € 34 865 € N/C
Net income 8 859 € 1 655 € -762 €
EBITDA 28 053 € 10 658 € -762 €
Net margin 12.1% 4.7% N/C

Revenue and income statement

In 2023, SOCIETE D'ENERGIE RENOUVELABLE NUMERO II achieves revenue of 73 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +45.1%. Vs 2021, growth of +111% (35 k€ -> 73 k€). After deducting consumption (30 k€), gross margin stands at 43 k€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 38.2% of revenue. Positive scissor effect: EBITDA margin improves by +7.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 12.1% 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

73 413 €

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

43 492 €

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

28 053 €

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

13 275 €

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

8 859 €

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

38.2%

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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 1112%. 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 87%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 32.2% 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 (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

1112.027%

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

87.174%

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

32.185%

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

9.353

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

83.3%

Solvency indicators evolution
SOCIETE D'ENERGIE RENOUVELABLE NUMERO II

Sector positioning

Debt ratio
1112.03 2023
2020
2021
2023
Q1: 0.0
Med: 315.02
Q3: 646.91
Watch -23 pts over 3 years

In 2023, the debt ratio of SOCIETE D'ENERGIE RENOUVE... (1112.03) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
87.17% 2023
2020
2021
2023
Q1: 2.05%
Med: 15.79%
Q3: 31.12%
Excellent +17 pts over 3 years

In 2023, the financial autonomy of SOCIETE D'ENERGIE RENOUVE... (87.2%) 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
9.35 years 2023
2020
2021
2023
Q1: -9.31 years
Med: 0.0 years
Q3: 6.39 years
Watch +63 pts over 3 years

In 2023, the repayment capacity of SOCIETE D'ENERGIE RENOUVE... (9.35) 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 492.29. 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 10.2x. Operating income very largely covers interest expenses: high safety margin.

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

492.286

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

10.166

Liquidity indicators evolution
SOCIETE D'ENERGIE RENOUVELABLE NUMERO II

Sector positioning

Liquidity ratio
492.29 2023
2020
2021
2023
Q1: 100.0
Med: 208.9
Q3: 377.29
Excellent +18 pts over 3 years

In 2023, the liquidity ratio of SOCIETE D'ENERGIE RENOUVE... (492.29) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
10.17x 2023
2020
2021
2023
Q1: -67.03x
Med: 0.0x
Q3: 11.17x
Good +23 pts over 3 years

In 2023, the interest coverage of SOCIETE D'ENERGIE RENOUVE... (10.2x) 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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. Excellent situation: suppliers finance 35 days of the operating cycle (retail model). Overall, WCR represents 172 days of revenue, i.e. 35 k€ to permanently finance.

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

35 155 €

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

17 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

52 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 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

172 j

WCR and payment terms evolution
SOCIETE D'ENERGIE RENOUVELABLE NUMERO II

Positioning of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II in its sector

Comparison with sector Production de combustibles gazeux

Valuation estimate

Based on 127 transactions of similar company sales (all years), the value of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II is estimated at 49 481 € (range 6 750€ - 183 510€). With an EBITDA of 28 053€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.59x (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.

Estimated enterprise value 2023
127 transactions
6k€ 49k€ 183k€
49 481 € Range: 6 750€ - 183 510€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
28 053 € × 2.3x
Estimation 63 271 €
7 309€ - 196 917€
Revenue Multiple 30%
73 413 € × 0.59x
Estimation 43 128 €
6 864€ - 223 931€
Net Income Multiple 20%
8 859 € × 2.8x
Estimation 24 537 €
5 183€ - 89 366€
How is this estimate calculated?

This estimate is based on the analysis of 127 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 de combustibles gazeux)

Compare SOCIETE D'ENERGIE RENOUVELABLE NUMERO II with other companies in the same sector:

Voir toutes les statistiques du secteur Production de combustibles gazeux

Frequently asked questions about SOCIETE D'ENERGIE RENOUVELABLE NUMERO II

What is the revenue of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II ?

The revenue of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II in 2023 is 73 k€.

Is SOCIETE D'ENERGIE RENOUVELABLE NUMERO II profitable?

Yes, SOCIETE D'ENERGIE RENOUVELABLE NUMERO II generated a net profit of 9 k€ in 2023.

Where is the headquarters of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II ?

The headquarters of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II is located in ENQUIN-LEZ-GUINEGATTE (62145), in the department Pas-de-Calais.

Where to find the tax return of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II ?

The tax return of SOCIETE D'ENERGIE RENOUVELABLE NUMERO II 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 D'ENERGIE RENOUVELABLE NUMERO II operate?

SOCIETE D'ENERGIE RENOUVELABLE NUMERO II operates in the sector Production de combustibles gazeux (NAF code 35.21Z). See the 'Sector positioning' section above to compare the company with its competitors.