SIREN : 320477102
COBRA EUROPE is a French company founded 45 years ago, specialized in the sector Fabrication d'autres articles en caoutchouc. Based in LUXEUIL-LES-BAINS (70300), this company of category PME shows in 2024 a revenue of 6.6 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
| Kennzahl | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Umsatz | 6 586 750 € | 7 607 107 € | 8 551 119 € | 9 995 391 € | 10 070 986 € | 14 504 231 € | 14 845 389 € | 16 700 521 € | 17 673 066 € |
| Nettoergebnis | -1 866 890 € | -1 428 073 € | -508 975 € | -1 759 955 € | -1 947 813 € | -1 787 755 € | -2 925 867 € | -3 766 819 € | -881 011 € |
| EBITDA | -1 628 191 € | -1 216 455 € | -1 437 893 € | -1 462 438 € | -1 843 505 € | -540 564 € | -1 356 425 € | -1 180 421 € | -881 421 € |
| Nettomarge | -28.3% | -18.8% | -6.0% | -17.6% | -19.3% | -12.3% | -19.7% | -22.6% | -5.0% |
In 2024, COBRA EUROPE achieves revenue of 6.6 M€. Revenue is declining over the period 2016-2024 (CAGR: -11.6%). Significant drop of -13% vs 2023. After deducting consumption (4.5 M€), gross margin stands at 2.1 M€, i.e. a rate of 31%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.6 M€, representing -24.7% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -34%, reducing margin by 8.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.9 M€ (-28.3% of revenue), which will impact equity.
6 586 750 €
2 066 970 €
-1 628 191 €
-1 217 541 €
-1 866 890 €
-24.7%
The debt ratio (= Financial debt / Equity x 100) stands at 279%. 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.
278.745%
23.41%
-34.848%
-11.524
17.0%
In 2024, the debt ratio of COBRA EUROPE (278.75) 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.
In 2024, the financial autonomy of COBRA EUROPE (23.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of COBRA EUROPE (-11.52) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 226.20. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
226.197
-54.503
In 2024, the liquidity ratio of COBRA EUROPE (226.20) 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.
In 2024, the interest coverage of COBRA EUROPE (-54.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 158 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 183 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 252 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 467 days of revenue, i.e. 8.5 M€ to permanently finance. Notable WCR improvement over the period (-46%), freeing up cash.
8 536 165 €
158 j
183 j
252 j
467 j
Based on 80 transactions of similar company sales
(all years),
the value of COBRA EUROPE is estimated at
1 352 914 €
(range 643 355€ - 1 839 730€).
The price/revenue ratio is 0.21x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 80 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 COBRA EUROPE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles en caoutchouc
The revenue of COBRA EUROPE in 2024 is 6.6 M€.
COBRA EUROPE recorded a net loss in 2024.
The headquarters of COBRA EUROPE is located in LUXEUIL-LES-BAINS (70300), in the department Haute-Saone.
The tax return of COBRA EUROPE 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).
COBRA EUROPE operates in the sector Fabrication d'autres articles en caoutchouc (NAF code 22.19Z). See the 'Sector positioning' section above to compare the company with its competitors.