SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB is a French company
founded 16 years ago,
specialized in the sector Production d'électricité.
Based in GRENOBLE (38000),
this company of category ETI
shows in 2024 a revenue of 1.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB achieves revenue of 1.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.5%. Vs 2023, growth of +12% (1.7 M€ -> 1.9 M€). After deducting consumption (60 k€), gross margin stands at 1.8 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 86.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 947 k€, i.e. 50.7% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 868 351 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 807 959 €
EBITDA (2024)
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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
1 607 148 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
1 333 357 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
947 220 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
86.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
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 79%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 64.7% 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 (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
23.92%
Financial autonomy (2024)
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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
79.19%
Cash flow / Revenue (2024)
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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
64.694%
Repayment capacity (2024)
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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
1.098
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
81.721
76.221
65.289
57.047
49.553
44.347
30.309
23.92
Financial autonomy
52.904
55.386
58.39
61.82
64.948
68.22
74.864
79.19
Repayment capacity
6.413
8.245
4.382
3.632
3.353
3.004
1.54
1.098
Cash flow / Revenue
48.845%
43.413%
53.081%
56.225%
51.828%
60.047%
64.014%
64.694%
Sector positioning
Debt ratio
23.922024
2021
2023
2024
Q1: -273.65
Med: 0.0
Q3: 120.96
Average
In 2024, the debt ratio of SOCIETE HYDROELECTRIQUE F... (23.92) 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
79.19%2024
2021
2023
2024
Q1: -12.1%
Med: 0.32%
Q3: 40.46%
Excellent
In 2024, the financial autonomy of SOCIETE HYDROELECTRIQUE F... (79.2%) 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
1.1 years2024
2021
2023
2024
Q1: -4.9 years
Med: 0.0 years
Q3: 5.63 years
Average-6 pts over 3 years
In 2024, the repayment capacity of SOCIETE HYDROELECTRIQUE F... (1.10) 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 558.01. 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 2.8x. Financial charges are adequately covered by operations.
Liquidity ratio (2024)
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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
558.006
Interest coverage (2024)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Liquidity ratio
200.445
193.465
245.054
318.59
358.417
480.396
435.37
558.006
Interest coverage
13.32
17.537
9.997
8.177
6.908
7.195
3.534
2.807
Sector positioning
Liquidity ratio
558.012024
2021
2023
2024
Q1: 83.26
Med: 273.74
Q3: 870.78
Good
In 2024, the liquidity ratio of SOCIETE HYDROELECTRIQUE F... (558.01) 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
2.81x2024
2021
2023
2024
Q1: -5.49x
Med: 0.0x
Q3: 19.34x
Good-8 pts over 3 years
In 2024, the interest coverage of SOCIETE HYDROELECTRIQUE F... (2.8x) 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: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 107 days. Excellent situation: suppliers finance 64 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 44 days of revenue, i.e. 230 k€ to permanently finance. Over 2016-2024, WCR increased by +221%, requiring additional financing.
Operating WCR (2024)
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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
229 751 €
Customer credit (2024)
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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
43 j
Supplier credit (2024)
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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
107 j
Inventory turnover (2024)
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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
1 j
WCR in days of revenue (2024)
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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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
-189 263 €
153 084 €
-7 618 €
64 477 €
-50 507 €
85 551 €
293 459 €
229 751 €
Inventory turnover (days)
0
0
0
0
0
19
14
1
Customer payment term (days)
17
51
45
43
21
10
59
43
Supplier payment term (days)
75
69
69
92
85
52
102
107
Positioning of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB in its sector
Comparison with sector Production d'électricité
Valuation estimate
Based on 85 transactions of similar company sales
(all years),
the value of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB is estimated at
2 877 694 €
(range 428 228€ - 11 275 967€).
With an EBITDA of 1 607 148€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
85 tx
428k€2877k€11275k€
2 877 694 €Range: 428 228€ - 11 275 967€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
1 607 148 €×2.4x
Estimation3 888 769 €
426 726€ - 14 591 364€
Revenue Multiple30%
1 868 351 €×0.69x
Estimation1 292 601 €
254 476€ - 6 559 477€
Net Income Multiple20%
947 220 €×2.9x
Estimation2 727 651 €
692 613€ - 10 062 211€
How is this estimate calculated?
This estimate is based on the analysis of 85 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 d'électricité)
Compare SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB with other companies in the same sector:
Frequently asked questions about SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB
What is the revenue of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB ?
The revenue of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB in 2024 is 1.9 M€.
Is SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB profitable?
Yes, SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB generated a net profit of 947 k€ in 2024.
Where is the headquarters of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB ?
The headquarters of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB is located in GRENOBLE (38000), in the department Isere.
Where to find the tax return of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB ?
The tax return of SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB 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 HYDROELECTRIQUE FREDET BERGES - SHFB operate?
SOCIETE HYDROELECTRIQUE FREDET BERGES - SHFB operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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