SIREN : 353824642
CEMAFOR is a French company founded 36 years ago, specialized in the sector Formation continue d'adultes. Based in CARCASSONNE (11000), this company of category PME shows in 2020 a revenue of 593 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 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 593 139 € | 637 721 € | 471 326 € | 337 686 € |
| Net income | 33 643 € | 26 757 € | 27 932 € | 4 413 € |
| EBITDA | 32 746 € | 33 359 € | 26 912 € | -4 642 € |
| Net margin | 5.7% | 4.2% | 5.9% | 1.3% |
In 2020, CEMAFOR achieves revenue of 593 k€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +20.7%. Slight decline of -7% vs 2019. After deducting consumption (0 €), gross margin stands at 593 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 33 k€, representing 5.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 5.7% of revenue. This profit can be retained or distributed to shareholders.
593 139 €
593 139 €
32 746 €
45 282 €
33 643 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
1.458%
57.755%
4.183%
0.063
18.4%
In 2020, the debt ratio of CEMAFOR (1.46) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of CEMAFOR (57.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2020, the repayment capacity of CEMAFOR (0.06) 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 225.38. 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 1.2x. Coverage is limited: any activity downturn would jeopardize interest payments.
225.378
1.179
In 2020, the liquidity ratio of CEMAFOR (225.38) 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 2020, the interest coverage of CEMAFOR (1.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The company must finance 22 days of gap between collections and payments. Overall, WCR represents 13 days of revenue, i.e. 22 k€ to permanently finance. Notable WCR improvement over the period (-66%), freeing up cash.
21 626 €
40 j
18 j
0 j
13 j
Based on 134 transactions of similar company sales (all years), the value of CEMAFOR is estimated at 118 864 € (range 41 456€ - 323 556€). With an EBITDA of 32 746€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 134 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 CEMAFOR with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of CEMAFOR in 2020 is 593 k€.
Yes, CEMAFOR generated a net profit of 34 k€ in 2020.
The headquarters of CEMAFOR is located in CARCASSONNE (11000), in the department Aude.
The tax return of CEMAFOR 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).
CEMAFOR operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.