TECHNOLOGIES HOSPITALIERES GRAND OUEST : revenue, balance sheet and financial ratios

TECHNOLOGIES HOSPITALIERES GRAND OUEST is a French company founded 32 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in NANTES (44300), this company of category GE shows in 2024 a revenue of 7.2 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 - TECHNOLOGIES HOSPITALIERES GRAND OUEST (SIREN 393832449)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 7 240 129 € 7 571 488 € 3 721 139 € 3 459 702 € 3 354 146 € 3 710 007 € 3 741 229 € 4 621 701 € 3 427 590 €
Net income 1 331 € 87 340 € -60 777 € -13 504 € 98 699 € 34 136 € -124 474 € 72 813 € -192 570 €
EBITDA 366 294 € 452 325 € 52 482 € 153 953 € 180 072 € -9 013 € -94 116 € 111 831 € -199 757 €
Net margin 0.0% 1.2% -1.6% -0.4% 2.9% 0.9% -3.3% 1.6% -5.6%

Revenue and income statement

In 2024, TECHNOLOGIES HOSPITALIERES GRAND OUEST achieves revenue of 7.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.8%. Slight decline of -4% vs 2023. After deducting consumption (1.7 M€), gross margin stands at 5.5 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 366 k€, representing 5.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 240 129 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 513 162 €

EBITDA (2024) ?
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

366 294 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

360 942 €

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

1 331 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.1%

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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 2441%. 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 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 251.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

2440.797%

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

2.225%

Cash flow / Revenue (2024) ?
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

0.125%

Repayment capacity (2024) ?
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

251.777

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

3.1%

Solvency indicators evolution
TECHNOLOGIES HOSPITALIERES GRAND OUEST

Sector positioning

Debt ratio
2440.8 2024
2022
2023
2024
Q1: 1.98
Med: 14.74
Q3: 43.33
Average +50 pts over 3 years

In 2024, the debt ratio of TECHNOLOGIES HOSPITALIERE... (2440.80) 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
2.23% 2024
2022
2023
2024
Q1: 11.67%
Med: 37.82%
Q3: 58.38%
Watch

In 2024, the financial autonomy of TECHNOLOGIES HOSPITALIERE... (2.2%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
251.78 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 1.06 years
Watch +74 pts over 3 years

In 2024, the repayment capacity of TECHNOLOGIES HOSPITALIERE... (251.78) 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 230.43. 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 29.7x. Operating income very largely covers interest expenses: high safety margin.

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

230.43

Interest coverage (2024) ?
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

29.73

Liquidity indicators evolution
TECHNOLOGIES HOSPITALIERES GRAND OUEST

Sector positioning

Liquidity ratio
230.43 2024
2022
2023
2024
Q1: 156.36
Med: 226.44
Q3: 343.82
Good

In 2024, the liquidity ratio of TECHNOLOGIES HOSPITALIERE... (230.43) 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
29.73x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.01x
Excellent

In 2024, the interest coverage of TECHNOLOGIES HOSPITALIERE... (29.7x) 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: 105 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 41 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 163 days of revenue, i.e. 3.3 M€ to permanently finance. Over 2016-2024, WCR increased by +256%, requiring additional financing.

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

3 287 887 €

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

105 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

101 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

41 j

WCR in days of revenue (2024) ?
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

163 j

WCR and payment terms evolution
TECHNOLOGIES HOSPITALIERES GRAND OUEST

Positioning of TECHNOLOGIES HOSPITALIERES GRAND OUEST in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 299 803€ to 916 748€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
299k€ 605k€ 916k€
605 082 € Range: 299 803€ - 916 748€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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'eau et de gaz en tous locaux)

Compare TECHNOLOGIES HOSPITALIERES GRAND OUEST with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about TECHNOLOGIES HOSPITALIERES GRAND OUEST

What is the revenue of TECHNOLOGIES HOSPITALIERES GRAND OUEST ?

The revenue of TECHNOLOGIES HOSPITALIERES GRAND OUEST in 2024 is 7.2 M€.

Is TECHNOLOGIES HOSPITALIERES GRAND OUEST profitable?

Yes, TECHNOLOGIES HOSPITALIERES GRAND OUEST generated a net profit of 1 k€ in 2024.

Where is the headquarters of TECHNOLOGIES HOSPITALIERES GRAND OUEST ?

The headquarters of TECHNOLOGIES HOSPITALIERES GRAND OUEST is located in NANTES (44300), in the department Loire-Atlantique.

Where to find the tax return of TECHNOLOGIES HOSPITALIERES GRAND OUEST ?

The tax return of TECHNOLOGIES HOSPITALIERES GRAND OUEST 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 TECHNOLOGIES HOSPITALIERES GRAND OUEST operate?

TECHNOLOGIES HOSPITALIERES GRAND OUEST operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.