TRAVAUX ETUDES ET SERVICES : revenue, balance sheet and financial ratios

TRAVAUX ETUDES ET SERVICES is a French company founded 15 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in TREMBLAY-EN-FRANCE (93290), this company of category PME shows in 2020 a revenue of 727 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - TRAVAUX ETUDES ET SERVICES (SIREN 531723161)
Indicator 2022 2020 2019 2018 2017 2016
Revenue N/C 726 588 € 797 926 € 681 470 € 624 308 € 769 782 €
Net income 37 572 € 11 901 € 20 405 € 12 939 € 40 271 € 3 661 €
EBITDA N/C -6 805 € 70 367 € 13 422 € 47 440 € -24 031 €
Net margin N/C 1.6% 2.6% 1.9% 6.5% 0.5%

Revenue and income statement

In 2022, TRAVAUX ETUDES ET SERVICES generates positive net income of 38 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2022: 4 k€ -> 38 k€.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

37 572 €

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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 623%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

623.466%

Financial autonomy (2022) ?
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

8.581%

Asset age ratio (2022) ?
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

50.1%

Solvency indicators evolution
TRAVAUX ETUDES ET SERVICES

Sector positioning

Debt ratio
623.47 2022
2019
2020
2022
Q1: 2.37
Med: 20.75
Q3: 64.42
Watch

In 2022, the debt ratio of TRAVAUX ETUDES ET SERVICES (623.47) 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
8.58% 2022
2019
2020
2022
Q1: 14.99%
Med: 33.3%
Q3: 51.91%
Average

In 2022, the financial autonomy of TRAVAUX ETUDES ET SERVICES (8.6%) 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
-26.44 years 2020
2019
2020
Q1: 0.0 years
Med: 0.22 years
Q3: 1.82 years
Excellent -50 pts over 2 years

In 2020, the repayment capacity of TRAVAUX ETUDES ET SERVICES (-26.44) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 237.71. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

237.71

Liquidity indicators evolution
TRAVAUX ETUDES ET SERVICES

Sector positioning

Liquidity ratio
237.71 2022
2019
2020
2022
Q1: 151.74
Med: 201.88
Q3: 289.23
Good +20 pts over 3 years

In 2022, the liquidity ratio of TRAVAUX ETUDES ET SERVICES (237.71) 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
-39.43x 2020
2019
2020
Q1: 0.0x
Med: 0.12x
Q3: 1.52x
Watch -46 pts over 2 years

In 2020, the interest coverage of TRAVAUX ETUDES ET SERVICES (-39.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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 (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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
TRAVAUX ETUDES ET SERVICES

Positioning of TRAVAUX ETUDES ET SERVICES 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 (47 transactions). This range of 56 408€ to 270 796€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
56k€ 82k€ 270k€
82 471 € Range: 56 408€ - 270 796€
NAF 5 année 2022

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 TRAVAUX ETUDES ET SERVICES 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 TRAVAUX ETUDES ET SERVICES

What is the revenue of TRAVAUX ETUDES ET SERVICES ?

The revenue of TRAVAUX ETUDES ET SERVICES in 2020 is 727 k€.

Is TRAVAUX ETUDES ET SERVICES profitable?

Yes, TRAVAUX ETUDES ET SERVICES generated a net profit of 38 k€ in 2022.

Where is the headquarters of TRAVAUX ETUDES ET SERVICES ?

The headquarters of TRAVAUX ETUDES ET SERVICES is located in TREMBLAY-EN-FRANCE (93290), in the department Seine-Saint-Denis.

Where to find the tax return of TRAVAUX ETUDES ET SERVICES ?

The tax return of TRAVAUX ETUDES ET SERVICES 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 TRAVAUX ETUDES ET SERVICES operate?

TRAVAUX ETUDES ET SERVICES 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.