TECHNITUBE : revenue, balance sheet and financial ratios

TECHNITUBE is a French company founded 18 years ago, specialized in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier . Based in ETUPES (25460), this company of category PME shows in 2021 a revenue of 14.1 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 - TECHNITUBE (SIREN 503113425)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 14 116 422 € 10 708 510 € 11 944 011 € 14 258 103 € 15 476 220 € 15 589 381 €
Net income 108 537 € 126 837 € 270 821 € 98 602 € 205 355 € -97 103 € 256 398 € 367 200 €
EBITDA N/C N/C 945 229 € 39 990 € 209 643 € -404 157 € 315 713 € 193 898 €
Net margin N/C N/C 1.9% 0.9% 1.7% -0.7% 1.7% 2.4%

Revenue and income statement

In 2023, TECHNITUBE generates positive net income of 109 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 367 k€ -> 109 k€.

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

108 537 €

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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 184%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

184.059%

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

18.168%

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

42.5%

Solvency indicators evolution
TECHNITUBE

Sector positioning

Debt ratio
184.06 2023
2021
2022
2023
Q1: 0.24
Med: 17.86
Q3: 56.52
Watch

In 2023, the debt ratio of TECHNITUBE (184.06) 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
18.17% 2023
2021
2022
2023
Q1: 18.12%
Med: 41.93%
Q3: 60.26%
Average

In 2023, the financial autonomy of TECHNITUBE (18.2%) 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
5.46 years 2021
2021
Q1: 0.0 years
Med: 0.03 years
Q3: 2.26 years
Watch

In 2021, the repayment capacity of TECHNITUBE (5.46) 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 142.68. 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

142.675

Liquidity indicators evolution
TECHNITUBE

Sector positioning

Liquidity ratio
142.68 2023
2021
2022
2023
Q1: 142.9
Med: 213.94
Q3: 297.73
Average -27 pts over 3 years

In 2023, the liquidity ratio of TECHNITUBE (142.68) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
2.98x 2021
2021
Q1: 0.0x
Med: 0.26x
Q3: 2.98x
Excellent

In 2021, the interest coverage of TECHNITUBE (3.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 313 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 557 days. Excellent situation: suppliers finance 244 days of the operating cycle (retail model).

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

0 €

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

313 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

557 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 and payment terms evolution
TECHNITUBE

Positioning of TECHNITUBE in its sector

Comparison with sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Similar companies (Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier )

Compare TECHNITUBE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Frequently asked questions about TECHNITUBE

What is the revenue of TECHNITUBE ?

The revenue of TECHNITUBE in 2021 is 14.1 M€.

Is TECHNITUBE profitable?

Yes, TECHNITUBE generated a net profit of 109 k€ in 2023.

Where is the headquarters of TECHNITUBE ?

The headquarters of TECHNITUBE is located in ETUPES (25460), in the department Doubs.

Where to find the tax return of TECHNITUBE ?

The tax return of TECHNITUBE 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 TECHNITUBE operate?

TECHNITUBE operates in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier (NAF code 24.20Z). See the 'Sector positioning' section above to compare the company with its competitors.