SOLAIRE CORSE : revenue, balance sheet and financial ratios

SOLAIRE CORSE is a French company founded 10 years ago, specialized in the sector Production d'électricité. Based in SAN-MARTINO-DI-LOTA (20200), this company of category PME shows in 2018 a revenue of 573 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 - SOLAIRE CORSE (SIREN 818971319)
Indicator 2024 2023 2022 2021 2019 2018 2017 2016
Revenue N/C N/C N/C N/C N/C 572 953 € 435 574 € 105 947 €
Net income 228 299 € 87 078 € 117 467 € 175 238 € 162 387 € 82 185 € 97 833 € 7 972 €
EBITDA N/C N/C N/C N/C N/C 85 153 € 97 773 € 7 329 €
Net margin N/C N/C N/C N/C N/C 14.3% 22.5% 7.5%

Revenue and income statement

In 2024, SOLAIRE CORSE generates positive net income of 228 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 8 k€ -> 228 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

228 299 €

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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 25%. 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 59%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

24.778%

Financial autonomy (2024) ?
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

59.066%

Asset age ratio (2024) ?
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

76.9%

Solvency indicators evolution
SOLAIRE CORSE

Sector positioning

Debt ratio
24.78 2024
2022
2023
2024
Q1: -273.65
Med: 0.0
Q3: 120.96
Average

In 2024, the debt ratio of SOLAIRE CORSE (24.78) 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
59.07% 2024
2022
2023
2024
Q1: -12.1%
Med: 0.32%
Q3: 40.46%
Excellent

In 2024, the financial autonomy of SOLAIRE CORSE (59.1%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 324.96. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

324.964

Liquidity indicators evolution
SOLAIRE CORSE

Sector positioning

Liquidity ratio
324.96 2024
2022
2023
2024
Q1: 83.26
Med: 273.74
Q3: 870.78
Good -12 pts over 3 years

In 2024, the liquidity ratio of SOLAIRE CORSE (324.96) 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.

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 (2024) ?
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 (2024) ?
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 (2024) ?
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 (2024) ?
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
SOLAIRE CORSE

Positioning of SOLAIRE CORSE in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of SOLAIRE CORSE is estimated at 657 418 € (range 166 933€ - 2 425 194€). 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 value 2024
85 tx
166k€ 657k€ 2425k€
657 418 € Range: 166 933€ - 2 425 194€
NAF 5 all-time

Valuation method used

Net Income Multiple
228 299 € × 2.9x = 657 418 €
Range: 166 934€ - 2 425 195€

Only this financial indicator is available for this company.

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 SOLAIRE CORSE with other companies in the same sector:

Frequently asked questions about SOLAIRE CORSE

What is the revenue of SOLAIRE CORSE ?

The revenue of SOLAIRE CORSE in 2018 is 573 k€.

Is SOLAIRE CORSE profitable?

Yes, SOLAIRE CORSE generated a net profit of 228 k€ in 2024.

Where is the headquarters of SOLAIRE CORSE ?

The headquarters of SOLAIRE CORSE is located in SAN-MARTINO-DI-LOTA (20200).

Where to find the tax return of SOLAIRE CORSE ?

The tax return of SOLAIRE CORSE 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 SOLAIRE CORSE operate?

SOLAIRE CORSE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.