SIREN : 442739413
COGEDIM PROVENCE is a French company founded 23 years ago, specialized in the sector Promotion immobilière de logements. Based in MARSEILLE (13002), this company of category GE shows in 2024 a revenue of 231.4 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 231 366 405 € | 257 464 295 € | 162 799 363 € | 115 160 574 € | 101 223 845 € | 48 858 226 € | 66 288 140 € | 23 148 027 € | 39 606 771 € |
| Net income | 14 612 366 € | -14 590 348 € | 13 660 647 € | 23 309 416 € | 11 096 718 € | 6 251 992 € | 9 520 591 € | 4 835 345 € | 4 765 769 € |
| EBITDA | 12 668 234 € | 15 656 863 € | 13 911 301 € | 7 009 251 € | 10 301 571 € | 2 494 653 € | 6 960 314 € | 802 477 € | 3 288 932 € |
| Net margin | 6.3% | -5.7% | 8.4% | 20.2% | 11.0% | 12.8% | 14.4% | 20.9% | 12.0% |
In 2024, COGEDIM PROVENCE achieves revenue of 231.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +24.7%. Significant drop of -10% vs 2023. After deducting consumption (219 k€), gross margin stands at 231.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 12.7 M€, representing 5.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14.6 M€, i.e. 6.3% of revenue. This profit can be retained or distributed to shareholders.
231 366 405 €
231 147 145 €
12 668 234 €
13 547 986 €
14 612 366 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
61.119%
5.275%
6.166%
0.63
In 2024, the debt ratio of COGEDIM PROVENCE (61.12) 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 COGEDIM PROVENCE (5.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of COGEDIM PROVENCE (0.63) 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 323.46. 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 18.0x. Operating income very largely covers interest expenses: high safety margin.
323.465
17.964
In 2024, the liquidity ratio of COGEDIM PROVENCE (323.46) 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 COGEDIM PROVENCE (18.0x) 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: 99 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 172 days. Excellent situation: suppliers finance 73 days of the operating cycle (retail model). Inventory turnover is 281 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 107 days of revenue, i.e. 68.7 M€ to permanently finance. Over 2016-2024, WCR increased by +4398%, requiring additional financing.
68 671 863 €
99 j
172 j
281 j
107 j
Based on 80 transactions of similar company sales
(all years),
the value of COGEDIM PROVENCE is estimated at
32 637 092 €
(range 11 739 106€ - 85 971 704€).
With an EBITDA of 12 668 234€, 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 COGEDIM PROVENCE with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of COGEDIM PROVENCE in 2024 is 231.4 M€.
Yes, COGEDIM PROVENCE generated a net profit of 14.6 M€ in 2024.
The headquarters of COGEDIM PROVENCE is located in MARSEILLE (13002), in the department Bouches-du-Rhone.
The tax return of COGEDIM PROVENCE 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).
COGEDIM PROVENCE 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.