SIREN : 431951540
COGESTAR 2 is a French company founded 26 years ago, specialized in the sector Production d'électricité. Based in SAINT-ANDRE-LEZ-LILLE (59350), this company of category GE shows in 2024 a revenue of 70.7 M€. 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70 739 770 € | 120 086 043 € | 171 326 206 € | 130 323 700 € | 79 305 578 € | 104 674 561 € | 121 396 865 € | 133 357 051 € | 118 036 948 € |
| Net income | 8 490 972 € | 9 911 108 € | 9 105 480 € | 10 755 813 € | 10 601 781 € | 11 509 651 € | 12 891 338 € | 15 446 477 € | 7 398 617 € |
| EBITDA | 16 057 991 € | 19 087 204 € | 14 385 152 € | 22 130 824 € | 22 654 992 € | 24 978 483 € | 27 926 331 € | 32 070 499 € | 21 436 032 € |
| Net margin | 12.0% | 8.3% | 5.3% | 8.3% | 13.4% | 11.0% | 10.6% | 11.6% | 6.3% |
In 2024, COGESTAR 2 achieves revenue of 70.7 M€. Revenue is declining over the period 2016-2024 (CAGR: -6.2%). Significant drop of -41% vs 2023. After deducting consumption (43.0 M€), gross margin stands at 27.8 M€, i.e. a rate of 39%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 16.1 M€, representing 22.7% of revenue. Positive scissor effect: EBITDA margin improves by +6.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 8.5 M€, i.e. 12.0% of revenue. This profit can be retained or distributed to shareholders.
70 739 770 €
27 754 749 €
16 057 991 €
10 637 853 €
8 490 972 €
22.7%
The debt ratio (= Financial debt / Equity x 100) stands at 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
64.498%
23.326%
18.576%
0.425
17.1%
In 2024, the debt ratio of COGESTAR 2 (64.50) 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 COGESTAR 2 (23.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of COGESTAR 2 (0.42) 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 121.52. 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 1.0x. Danger: operating income does not cover interest charges, unsustainable situation.
121.521
0.987
In 2024, the liquidity ratio of COGESTAR 2 (121.52) 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 COGESTAR 2 (1.0x) 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: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 107 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 115 days of revenue, i.e. 22.6 M€ to permanently finance. Notable WCR improvement over the period (-40%), freeing up cash.
22 645 215 €
71 j
107 j
1 j
115 j
Based on 85 transactions of similar company sales
(all years),
the value of COGESTAR 2 is estimated at
38 999 899 €
(range 6 264 076€ - 165 442 074€).
With an EBITDA of 16 057 991€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 COGESTAR 2 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of COGESTAR 2 in 2024 is 70.7 M€.
Yes, COGESTAR 2 generated a net profit of 8.5 M€ in 2024.
The headquarters of COGESTAR 2 is located in SAINT-ANDRE-LEZ-LILLE (59350), in the department Nord.
The tax return of COGESTAR 2 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).
COGESTAR 2 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.