TRAVAUX POUR RENOVATION DES APPARTEMENTS : revenue, balance sheet and financial ratios

TRAVAUX POUR RENOVATION DES APPARTEMENTS is a French company founded 23 years ago, specialized in the sector Construction de maisons individuelles. Based in PANTIN (93500), this company of category PME shows in 2023 a revenue of 174 k€. 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 - TRAVAUX POUR RENOVATION DES APPARTEMENTS (SIREN 447923194)
Indicator 2023 2018 2016
Revenue 174 426 € 65 053 € 85 836 €
Net income 26 803 € 1 963 € -7 537 €
EBITDA 29 475 € 2 576 € -7 342 €
Net margin 15.4% 3.0% -8.8%

Revenue and income statement

In 2023, TRAVAUX POUR RENOVATION DES APPARTEMENTS achieves revenue of 174 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +10.7%. Vs 2018, growth of +168% (65 k€ -> 174 k€). After deducting consumption (52 k€), gross margin stands at 122 k€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 29 k€, representing 16.9% of revenue. Positive scissor effect: EBITDA margin improves by +12.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 27 k€, i.e. 15.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

174 426 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

122 390 €

EBITDA (2023) ?
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

29 475 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

29 474 €

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

26 803 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.9%

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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 119%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Cash flow represents 15.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

118.658%

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

37.946%

Cash flow / Revenue (2023) ?
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

15.366%

Repayment capacity (2023) ?
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

0.0

Solvency indicators evolution
TRAVAUX POUR RENOVATION DES APPARTEMENTS

Sector positioning

Debt ratio
118.66 2023
2016
2018
2023
Q1: 0.0
Med: 12.17
Q3: 55.48
Average +50 pts over 3 years

In 2023, the debt ratio of TRAVAUX POUR RENOVATION D... (118.66) 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
37.95% 2023
2016
2018
2023
Q1: 5.39%
Med: 23.41%
Q3: 45.3%
Good +42 pts over 3 years

In 2023, the financial autonomy of TRAVAUX POUR RENOVATION D... (38.0%) 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
0.0 years 2023
2016
2018
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.0 years
Excellent

In 2023, the repayment capacity of TRAVAUX POUR RENOVATION D... (0.00) 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 147.01. 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

147.011

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
TRAVAUX POUR RENOVATION DES APPARTEMENTS

Sector positioning

Liquidity ratio
147.01 2023
2016
2018
2023
Q1: 124.74
Med: 178.71
Q3: 286.34
Average +10 pts over 3 years

In 2023, the liquidity ratio of TRAVAUX POUR RENOVATION D... (147.01) 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
0.0x 2023
2016
2018
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.56x
Average

In 2023, the interest coverage of TRAVAUX POUR RENOVATION D... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. The company must finance 5 days of gap between collections and payments. WCR is negative (-56 days): operations structurally generate cash. Over 2016-2023, WCR increased by +41%, requiring additional financing.

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

-27 338 €

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

17 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

12 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 in days of revenue (2023) ?
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

-56 j

WCR and payment terms evolution
TRAVAUX POUR RENOVATION DES APPARTEMENTS

Positioning of TRAVAUX POUR RENOVATION DES APPARTEMENTS in its sector

Comparison with sector Construction de maisons individuelles

Valuation estimate

Based on 113 transactions of similar company sales (all years), the value of TRAVAUX POUR RENOVATION DES APPARTEMENTS is estimated at 72 830 € (range 28 779€ - 139 844€). With an EBITDA of 29 475€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2023
113 transactions
28k€ 72k€ 139k€
72 830 € Range: 28 779€ - 139 844€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
29 475 € × 3.6x
Estimation 107 532 €
40 523€ - 148 717€
Revenue Multiple 30%
174 426 € × 0.11x
Estimation 19 193 €
13 357€ - 75 253€
Net Income Multiple 20%
26 803 € × 2.5x
Estimation 66 533 €
22 555€ - 214 550€
How is this estimate calculated?

This estimate is based on the analysis of 113 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 (Construction de maisons individuelles)

Compare TRAVAUX POUR RENOVATION DES APPARTEMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de maisons individuelles

Frequently asked questions about TRAVAUX POUR RENOVATION DES APPARTEMENTS

What is the revenue of TRAVAUX POUR RENOVATION DES APPARTEMENTS ?

The revenue of TRAVAUX POUR RENOVATION DES APPARTEMENTS in 2023 is 174 k€.

Is TRAVAUX POUR RENOVATION DES APPARTEMENTS profitable?

Yes, TRAVAUX POUR RENOVATION DES APPARTEMENTS generated a net profit of 27 k€ in 2023.

Where is the headquarters of TRAVAUX POUR RENOVATION DES APPARTEMENTS ?

The headquarters of TRAVAUX POUR RENOVATION DES APPARTEMENTS is located in PANTIN (93500), in the department Seine-Saint-Denis.

Where to find the tax return of TRAVAUX POUR RENOVATION DES APPARTEMENTS ?

The tax return of TRAVAUX POUR RENOVATION DES APPARTEMENTS 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 POUR RENOVATION DES APPARTEMENTS operate?

TRAVAUX POUR RENOVATION DES APPARTEMENTS operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.