THERM ELEC OUTRE FORETS : revenue, balance sheet and financial ratios

THERM ELEC OUTRE FORETS is a French company founded 18 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in RIEDSELTZ (67160), this company of category PME shows in 2020 a revenue of 739 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - THERM ELEC OUTRE FORETS (SIREN 500312053)
Indicator 2023 2020 2019 2018 2017 2016
Revenue N/C 739 006 € 349 715 € 860 726 € 929 360 € 661 558 €
Net income 50 257 € 4 148 € 42 357 € 6 408 € 4 772 € -36 973 €
EBITDA N/C 15 757 € 67 189 € 20 331 € 17 981 € 2 720 €
Net margin N/C 0.6% 12.1% 0.7% 0.5% -5.6%

Revenue and income statement

In 2023, THERM ELEC OUTRE FORETS generates positive net income of 50 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

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

50 257 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 31%. The balance between equity and debt is satisfactory.

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

1.928%

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

30.744%

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

17.9%

Solvency indicators evolution
THERM ELEC OUTRE FORETS

Sector positioning

Debt ratio
1.93 2023
2019
2020
2023
Q1: 2.09
Med: 17.22
Q3: 54.07
Excellent -34 pts over 3 years

In 2023, the debt ratio of THERM ELEC OUTRE FORETS (1.93) 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
30.74% 2023
2019
2020
2023
Q1: 15.57%
Med: 35.33%
Q3: 53.94%
Average +6 pts over 3 years

In 2023, the financial autonomy of THERM ELEC OUTRE FORETS (30.7%) 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
0.99 years 2020
2019
2020
Q1: 0.0 years
Med: 0.22 years
Q3: 1.82 years
Average +7 pts over 2 years

In 2020, the repayment capacity of THERM ELEC OUTRE FORETS (0.99) 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 136.74. 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

136.739

Liquidity indicators evolution
THERM ELEC OUTRE FORETS

Sector positioning

Liquidity ratio
136.74 2023
2019
2020
2023
Q1: 152.99
Med: 207.19
Q3: 302.35
Watch

In 2023, the liquidity ratio of THERM ELEC OUTRE FORETS (136.74) 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
12.34x 2020
2019
2020
Q1: 0.0x
Med: 0.12x
Q3: 1.52x
Excellent +18 pts over 2 years

In 2020, the interest coverage of THERM ELEC OUTRE FORETS (12.3x) 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: 1731 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 534 days. The gap of 1197 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

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

1731 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

534 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
THERM ELEC OUTRE FORETS

Positioning of THERM ELEC OUTRE FORETS 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 58 766€ to 305 857€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
58k€ 115k€ 305k€
115 170 € Range: 58 766€ - 305 857€
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 THERM ELEC OUTRE FORETS 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 THERM ELEC OUTRE FORETS

What is the revenue of THERM ELEC OUTRE FORETS ?

The revenue of THERM ELEC OUTRE FORETS in 2020 is 739 k€.

Is THERM ELEC OUTRE FORETS profitable?

Yes, THERM ELEC OUTRE FORETS generated a net profit of 50 k€ in 2023.

Where is the headquarters of THERM ELEC OUTRE FORETS ?

The headquarters of THERM ELEC OUTRE FORETS is located in RIEDSELTZ (67160), in the department Bas-Rhin.

Where to find the tax return of THERM ELEC OUTRE FORETS ?

The tax return of THERM ELEC OUTRE FORETS 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 THERM ELEC OUTRE FORETS operate?

THERM ELEC OUTRE FORETS 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.