SIREN : 533972980
COBRAS 18 is a French company founded 14 years ago, specialized in the sector Promotion immobilière d'autres bâtiments. Based in SAINT-JULIEN-DES-LANDES (85150), this company of category PME shows in 2017 a revenue of 287 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 | 2017 | 2016 |
|---|---|---|
| Revenue | 286 631 € | 263 635 € |
| Net income | 1 980 € | 17 508 € |
| EBITDA | 16 337 € | 41 609 € |
| Net margin | 0.7% | 6.6% |
In 2017, COBRAS 18 achieves revenue of 287 k€. Vs 2016: +9%. After deducting consumption (131 k€), gross margin stands at 155 k€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 16 k€, representing 5.7% of revenue. Warning negative scissor effect: despite revenue change (+9%), EBITDA varies by -61%, reducing margin by 10.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.
286 631 €
155 402 €
16 337 €
4 983 €
1 980 €
5.7%
The debt ratio (= Financial debt / Equity x 100) stands at 546%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
545.637%
13.254%
4.423%
13.545
30.2%
In 2017, the debt ratio of COBRAS 18 (545.64) 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 2017, the financial autonomy of COBRAS 18 (13.2%) 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 2017, the repayment capacity of COBRAS 18 (13.54) 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 54.22. 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 17.3x. Operating income very largely covers interest expenses: high safety margin.
54.219
17.255
In 2017, the liquidity ratio of COBRAS 18 (54.22) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2017, the interest coverage of COBRAS 18 (17.2x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. Excellent situation: suppliers finance 39 days of the operating cycle (retail model). Inventory turnover is 21 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 12 days of revenue, i.e. 10 k€ to permanently finance.
9 694 €
0 j
39 j
21 j
12 j
Based on 80 transactions of similar company sales
(all years),
the value of COBRAS 18 is estimated at
33 182 €
(range 12 323€ - 86 651€).
With an EBITDA of 16 337€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(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.
Ajustez les pondérations selon votre analyse
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 COBRAS 18 with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière d'autres bâtiments
The revenue of COBRAS 18 in 2017 is 287 k€.
Yes, COBRAS 18 generated a net profit of 2 k€ in 2017.
The headquarters of COBRAS 18 is located in SAINT-JULIEN-DES-LANDES (85150), in the department Vendee.
The tax return of COBRAS 18 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).
COBRAS 18 operates in the sector Promotion immobilière d'autres bâtiments (NAF code 41.10C). See the 'Sector positioning' section above to compare the company with its competitors.