Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2007-06-08 (18 years)Status: ActiveBusiness sector: Fabrication de pièces techniques à base de matières plastiquesLocation: BELLEY (01300), Ain
COMITECH : revenue, balance sheet and financial ratios
COMITECH is a French company
founded 18 years ago,
specialized in the sector Fabrication de pièces techniques à base de matières plastiques.
Based in BELLEY (01300),
this company of category PME
shows in 2021 a revenue of 2.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, COMITECH generates positive net income of 170 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 106 k€ -> 170 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
170 160 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
34.82%
Financial autonomy (2024)
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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
49.828%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
4.564
4.74
5.701
33.528
34.58
31.641
49.468
34.82
Financial autonomy
55.895
54.691
52.877
49.938
49.7
49.97
42.113
49.828
Repayment capacity
0.248
0.208
0.345
1.711
10.188
None
None
None
Cash flow / Revenue
6.423%
8.451%
5.778%
7.699%
1.476%
None%
None%
None%
Sector positioning
Debt ratio
34.822024
2022
2023
2024
Q1: 7.54
Med: 27.74
Q3: 63.65
Average
In 2024, the debt ratio of COMITECH (34.82) 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
49.83%2024
2022
2023
2024
Q1: 30.63%
Med: 49.0%
Q3: 65.86%
Good
In 2024, the financial autonomy of COMITECH (49.8%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 257.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
257.273
Liquidity indicators evolution COMITECH
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
202.385
218.634
204.997
286.14
271.593
257.264
244.629
257.273
Interest coverage
0.068
0.056
0.078
0.072
1.897
None
None
None
Sector positioning
Liquidity ratio
257.272024
2022
2023
2024
Q1: 173.28
Med: 264.79
Q3: 378.42
Average
In 2024, the liquidity ratio of COMITECH (257.27) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
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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
0 €
Customer credit (2024)
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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 (2024)
?
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
0 j
Inventory turnover (2024)
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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
0 j
WCR and payment terms evolution COMITECH
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
351 958 €
468 027 €
477 898 €
344 236 €
474 163 €
0 €
0 €
0 €
Inventory turnover (days)
17
19
15
23
24
0
0
0
Customer payment term (days)
67
71
74
57
74
0
0
0
Supplier payment term (days)
74
77
85
66
99
0
0
0
Positioning of COMITECH in its sector
Comparison with sector Fabrication de pièces techniques à base de matières plastiques
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions).
This range of 89 476€ to 1 047 901€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
89k€298k€1047k€
298 158 €Range: 89 476€ - 1 047 901€
NAF 5 all-time
How is this estimate calculated?
This estimate is based on the analysis of 46 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 (Fabrication de pièces techniques à base de matières plastiques)
Compare COMITECH with other companies in the same sector:
Yes, COMITECH generated a net profit of 170 k€ in 2024.
Where is the headquarters of COMITECH ?
The headquarters of COMITECH is located in BELLEY (01300), in the department Ain.
Where to find the tax return of COMITECH ?
The tax return of COMITECH 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 COMITECH operate?
COMITECH operates in the sector Fabrication de pièces techniques à base de matières plastiques (NAF code 22.29A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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