SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH : revenue, balance sheet and financial ratios

SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH is a French company founded 47 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in COURBEVOIE (92400), this company of category GE shows in 2023 a revenue of 14.8 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 OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH (SIREN 316155662)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 14 758 508 € 11 042 251 € 3 569 584 € 3 200 002 € 3 507 166 € 1 455 313 € 2 693 584 € 7 230 245 €
Net income 655 759 € 391 135 € 338 725 € 253 270 € 374 753 € -112 494 € -144 130 € 200 739 €
EBITDA 1 094 102 € 545 257 € 544 383 € 484 331 € 353 532 € -121 696 € -163 273 € 392 844 €
Net margin 4.4% 3.5% 9.5% 7.9% 10.7% -7.7% -5.4% 2.8%

Revenue and income statement

In 2023, SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH achieves revenue of 14.8 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +10.7%. Vs 2022, growth of +34% (11.0 M€ -> 14.8 M€). After deducting consumption (2.2 M€), gross margin stands at 12.6 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 7.4% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 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 656 k€, i.e. 4.4% 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

14 758 508 €

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

12 600 861 €

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

1 094 102 €

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

1 083 909 €

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

655 759 €

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

7.4%

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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 0%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.5% 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

0.345%

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

5.694%

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

4.469%

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

0.004

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

47.9%

Solvency indicators evolution
SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH

Sector positioning

Debt ratio
0.34 2023
2021
2022
2023
Q1: 2.1
Med: 17.18
Q3: 54.05
Excellent

In 2023, the debt ratio of SOCIETE OPERATIONNELLE DE... (0.34) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
5.69% 2023
2021
2022
2023
Q1: 15.58%
Med: 35.38%
Q3: 54.07%
Average -28 pts over 3 years

In 2023, the financial autonomy of SOCIETE OPERATIONNELLE DE... (5.7%) 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
0.0 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 1.37 years
Good

In 2023, the repayment capacity of SOCIETE OPERATIONNELLE DE... (0.00) 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 127.01. 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

127.01

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

0.0

Liquidity indicators evolution
SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH

Sector positioning

Liquidity ratio
127.01 2023
2021
2022
2023
Q1: 152.93
Med: 207.16
Q3: 302.59
Watch -8 pts over 3 years

In 2023, the liquidity ratio of SOCIETE OPERATIONNELLE DE... (127.01) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.26x
Q3: 2.24x
Average

In 2023, the interest coverage of SOCIETE OPERATIONNELLE DE... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 130 days. Excellent situation: suppliers finance 58 days of the operating cycle (retail model). Inventory turnover is 148 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 215 days of revenue, i.e. 8.8 M€ to permanently finance. Over 2016-2023, WCR increased by +237%, 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

8 814 076 €

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

72 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

130 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

148 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

215 j

WCR and payment terms evolution
SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH

Positioning of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 1 195 970€ to 2 874 609€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
1195k€ 1507k€ 2874k€
1 507 425 € Range: 1 195 970€ - 2 874 609€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 d'équipements thermiques et de climatisation)

Compare SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH

What is the revenue of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH ?

The revenue of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH in 2023 is 14.8 M€.

Is SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH profitable?

Yes, SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH generated a net profit of 656 k€ in 2023.

Where is the headquarters of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH ?

The headquarters of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH ?

The tax return of SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH 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 OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH operate?

SOCIETE OPERATIONNELLE DE GENIE ELECTRIQUE ET THERMIQUE SOGETH operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.