TECHNITHERM : revenue, balance sheet and financial ratios

TECHNITHERM is a French company founded 24 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in POLIGNAC (43000), this company of category PME shows in 2023 a revenue of 1.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - TECHNITHERM (SIREN 439696089)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C 1 403 369 € N/C N/C N/C N/C 783 879 € N/C
Net income 228 339 € 215 100 € 171 572 € 227 085 € 124 809 € 113 197 € 80 629 € 55 792 € 62 719 €
EBITDA N/C N/C 255 263 € N/C N/C N/C N/C 89 653 € N/C
Net margin N/C N/C 12.2% N/C N/C N/C N/C 7.1% N/C

Revenue and income statement

In 2025, TECHNITHERM generates positive net income of 228 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2025: 63 k€ -> 228 k€.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

228 339 €

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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 56%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

55.631%

Financial autonomy (2025) ?
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

55.418%

Asset age ratio (2025) ?
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

33.9%

Solvency indicators evolution
TECHNITHERM

Sector positioning

Debt ratio
55.63 2025
2023
2024
2025
Q1: 2.81
Med: 13.61
Q3: 36.09
Average

In 2025, the debt ratio of TECHNITHERM (55.63) 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
55.42% 2025
2023
2024
2025
Q1: 26.38%
Med: 47.22%
Q3: 63.03%
Good -12 pts over 3 years

In 2025, the financial autonomy of TECHNITHERM (55.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
1.18 years 2023
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 1.37 years
Average

In 2023, the repayment capacity of TECHNITHERM (1.18) 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 630.26. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

630.256

Liquidity indicators evolution
TECHNITHERM

Sector positioning

Liquidity ratio
630.26 2025
2023
2024
2025
Q1: 162.61
Med: 224.39
Q3: 319.79
Excellent

In 2025, the liquidity ratio of TECHNITHERM (630.26) 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
0.3x 2023
2023
Q1: 0.0x
Med: 0.26x
Q3: 2.24x
Good

In 2023, the interest coverage of TECHNITHERM (0.3x) 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 (2025) ?
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 (2025) ?
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 (2025) ?
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 (2025) ?
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
TECHNITHERM

Positioning of TECHNITHERM 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 (38 transactions). This range of 70 321€ to 660 881€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
70k€ 461k€ 660k€
461 654 € Range: 70 321€ - 660 881€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 TECHNITHERM 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 TECHNITHERM

What is the revenue of TECHNITHERM ?

The revenue of TECHNITHERM in 2023 is 1.4 M€.

Is TECHNITHERM profitable?

Yes, TECHNITHERM generated a net profit of 228 k€ in 2025.

Where is the headquarters of TECHNITHERM ?

The headquarters of TECHNITHERM is located in POLIGNAC (43000), in the department Haute-Loire.

Where to find the tax return of TECHNITHERM ?

The tax return of TECHNITHERM 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 TECHNITHERM operate?

TECHNITHERM 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.