SIREN : 751811878
CODEMI is a French company founded 13 years ago, specialized in the sector Promotion immobilière de logements. Based in PORTO-VECCHIO (20137), this company of category PME shows in 2024 a revenue of 928 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 | 2024 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 927 851 € | 809 820 € | 1 009 352 € | 837 346 € | 639 060 € | 604 629 € |
| Net income | 156 216 € | 192 021 € | 289 012 € | 216 665 € | 81 438 € | 172 014 € |
| EBITDA | 214 184 € | 267 718 € | 404 798 € | 214 757 € | 104 740 € | 64 541 € |
| Net margin | 16.8% | 23.7% | 28.6% | 25.9% | 12.7% | 28.4% |
In 2024, CODEMI achieves revenue of 928 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2021, growth of +15% (810 k€ -> 928 k€). After deducting consumption (924 €), gross margin stands at 927 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 214 k€, representing 23.1% of revenue. Warning negative scissor effect: despite revenue change (+15%), EBITDA varies by -20%, reducing margin by 10.0 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 156 k€, i.e. 16.8% of revenue. This profit can be retained or distributed to shareholders.
927 851 €
926 927 €
214 184 €
205 500 €
156 216 €
23.1%
The debt ratio (= Financial debt / Equity x 100) stands at 59%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 57%. 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 6.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 17.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
58.892%
57.469%
17.731%
6.134
22.0%
In 2024, the debt ratio of CODEMI (58.89) 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 2024, the financial autonomy of CODEMI (57.5%) 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 2024, the repayment capacity of CODEMI (6.13) 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 1090.57. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
1090.568
0.128
In 2024, the liquidity ratio of CODEMI (1090.57) 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 2024, the interest coverage of CODEMI (0.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 847 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. The gap of 818 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 933 days of revenue, i.e. 2.4 M€ to permanently finance. Over 2017-2024, WCR increased by +343%, requiring additional financing.
2 403 542 €
847 j
29 j
3 j
933 j
Based on 80 transactions of similar company sales
(all years),
the value of CODEMI is estimated at
258 700 €
(range 95 167€ - 720 218€).
With an EBITDA of 214 184€, 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 CODEMI with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of CODEMI in 2024 is 928 k€.
Yes, CODEMI generated a net profit of 156 k€ in 2024.
The headquarters of CODEMI is located in PORTO-VECCHIO (20137).
The tax return of CODEMI 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).
CODEMI operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.