SIREN : 527796809
UNION SOLAR is a French company founded 15 years ago, specialized in the sector Production d'électricité. Based in MONTPELLIER (34000), this company of category ETI shows in 2019 a revenue of 328 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 328 175 € | 317 745 € | 295 479 € | 285 200 € |
| Net income | 98 459 € | 88 539 € | 85 834 € | 73 485 € |
| EBITDA | 273 601 € | 273 479 € | 246 770 € | 242 516 € |
| Net margin | 30.0% | 27.9% | 29.0% | 25.8% |
In 2019, UNION SOLAR achieves revenue of 328 k€. Revenue is growing positively over 4 years (CAGR: +4.8%). Vs 2018: +3%. After deducting consumption (0 €), gross margin stands at 328 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 274 k€, representing 83.4% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by +0%, reducing margin by 2.7 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 98 k€, i.e. 30.0% of revenue. This profit can be retained or distributed to shareholders.
328 175 €
328 175 €
273 601 €
141 754 €
98 459 €
83.4%
The debt ratio (= Financial debt / Equity x 100) stands at 324%. 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 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 70.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
323.505%
22.583%
70.178%
6.072
45.9%
In 2019, the debt ratio of UNION SOLAR (323.50) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of UNION SOLAR (22.6%) 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.
In 2019, the repayment capacity of UNION SOLAR (6.07) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 899.95. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.
899.948
1.83
In 2019, the liquidity ratio of UNION SOLAR (899.95) 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.
In 2019, the interest coverage of UNION SOLAR (1.8x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 320 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 447 days. Excellent situation: suppliers finance 127 days of the operating cycle (retail model). Overall, WCR represents 414 days of revenue, i.e. 377 k€ to permanently finance. Over 2016-2019, WCR increased by +136%, requiring additional financing.
377 303 €
320 j
447 j
0 j
414 j
Based on 85 transactions of similar company sales
(all years),
the value of UNION SOLAR is estimated at
455 830 €
(range 64 131€ - 1 796 852€).
With an EBITDA of 273 601€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare UNION SOLAR with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of UNION SOLAR in 2019 is 328 k€.
Yes, UNION SOLAR generated a net profit of 98 k€ in 2019.
The headquarters of UNION SOLAR is located in MONTPELLIER (34000), in the department Herault.
The tax return of UNION SOLAR 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).
UNION SOLAR operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.