CIE FINANC INDUSTR COMMERC COFINICO : revenue, balance sheet and financial ratios

CIE FINANC INDUSTR COMMERC COFINICO is a French company founded 126 years ago, specialized in the sector Restauration traditionnelle. Based in COURBEVOIE (92400), this company of category PME shows in 2020 a revenue of 476 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 - CIE FINANC INDUSTR COMMERC COFINICO (SIREN 632036893)
Indicator 2020 2019 2018 2017 2016 2015
Revenue 476 017 € 318 228 € 434 363 € 570 366 € 584 592 € 571 236 €
Net income 40 009 € 309 303 € -185 631 € -67 597 € -63 071 € 873 €
EBITDA 66 958 € -83 423 € -169 896 € -37 338 € -96 783 € -38 612 €
Net margin 8.4% 97.2% -42.7% -11.9% -10.8% 0.2%

Revenue and income statement

In 2020, CIE FINANC INDUSTR COMMERC COFINICO achieves revenue of 476 k€. Activity remains stable over the period (CAGR: -3.6%). Vs 2019, growth of +50% (318 k€ -> 476 k€). After deducting consumption (133 k€), gross margin stands at 343 k€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 67 k€, representing 14.1% of revenue. Positive scissor effect: EBITDA margin improves by +40.3 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 40 k€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

476 017 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

342 694 €

EBITDA (2020) ?
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

66 958 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

12 261 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

40 009 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

12.9%

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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 361%. 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 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 18.0% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

360.81%

Financial autonomy (2020) ?
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

19.268%

Cash flow / Revenue (2020) ?
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

18.01%

Repayment capacity (2020) ?
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

6.653

Asset age ratio (2020) ?
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

81.3%

Solvency indicators evolution
CIE FINANC INDUSTR COMMERC COFINICO

Sector positioning

Debt ratio
360.81 2020
2018
2019
2020
Q1: 0.15
Med: 60.24
Q3: 221.22
Average +50 pts over 3 years

In 2020, the debt ratio of CIE FINANC INDUSTR COMMER... (360.81) 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
19.27% 2020
2018
2019
2020
Q1: 7.62%
Med: 31.67%
Q3: 57.54%
Average +12 pts over 3 years

In 2020, the financial autonomy of CIE FINANC INDUSTR COMMER... (19.3%) 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
6.65 years 2020
2018
2019
2020
Q1: -1.82 years
Med: 0.07 years
Q3: 3.69 years
Average +50 pts over 3 years

In 2020, the repayment capacity of CIE FINANC INDUSTR COMMER... (6.65) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 377.94. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2020) ?
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

377.938

Interest coverage (2020) ?
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

1.458

Liquidity indicators evolution
CIE FINANC INDUSTR COMMERC COFINICO

Sector positioning

Liquidity ratio
377.94 2020
2018
2019
2020
Q1: 71.75
Med: 151.42
Q3: 282.87
Excellent +50 pts over 3 years

In 2020, the liquidity ratio of CIE FINANC INDUSTR COMMER... (377.94) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.46x 2020
2018
2019
2020
Q1: -1.09x
Med: 0.0x
Q3: 3.0x
Good +37 pts over 3 years

In 2020, the interest coverage of CIE FINANC INDUSTR COMMER... (1.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. Excellent situation: suppliers finance 53 days of the operating cycle (retail model). Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 157 days of revenue, i.e. 208 k€ to permanently finance. Over 2015-2020, WCR increased by +1744%, requiring additional financing.

Operating WCR (2020) ?
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

207 691 €

Customer credit (2020) ?
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 (2020) ?
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

53 j

Inventory turnover (2020) ?
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

16 j

WCR in days of revenue (2020) ?
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

157 j

WCR and payment terms evolution
CIE FINANC INDUSTR COMMERC COFINICO

Positioning of CIE FINANC INDUSTR COMMERC COFINICO in its sector

Comparison with sector Restauration traditionnelle

Valuation estimate

Based on 719 transactions of similar company sales in 2020, the value of CIE FINANC INDUSTR COMMERC COFINICO is estimated at 344 572 € (range 191 665€ - 611 666€). With an EBITDA of 66 958€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.62x (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.

Estimated enterprise value 2020
719 transactions
191k€ 344k€ 611k€
344 572 € Range: 191 665€ - 611 666€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
66 958 € × 5.7x
Estimation 379 785 €
208 959€ - 748 458€
Revenue Multiple 30%
476 017 € × 0.62x
Estimation 296 655 €
189 768€ - 421 234€
Net Income Multiple 20%
40 009 € × 8.2x
Estimation 328 418 €
151 277€ - 555 333€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 719 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 (Restauration traditionnelle)

Compare CIE FINANC INDUSTR COMMERC COFINICO with other companies in the same sector:

Voir toutes les statistiques du secteur Restauration traditionnelle

Frequently asked questions about CIE FINANC INDUSTR COMMERC COFINICO

What is the revenue of CIE FINANC INDUSTR COMMERC COFINICO ?

The revenue of CIE FINANC INDUSTR COMMERC COFINICO in 2020 is 476 k€.

Is CIE FINANC INDUSTR COMMERC COFINICO profitable?

Yes, CIE FINANC INDUSTR COMMERC COFINICO generated a net profit of 40 k€ in 2020.

Where is the headquarters of CIE FINANC INDUSTR COMMERC COFINICO ?

The headquarters of CIE FINANC INDUSTR COMMERC COFINICO is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of CIE FINANC INDUSTR COMMERC COFINICO ?

The tax return of CIE FINANC INDUSTR COMMERC COFINICO 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 CIE FINANC INDUSTR COMMERC COFINICO operate?

CIE FINANC INDUSTR COMMERC COFINICO operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.