CORDIER COMMUNICATION : revenue, balance sheet and financial ratios

CORDIER COMMUNICATION is a French company founded 31 years ago, specialized in the sector Activités des agences de voyage. Based in PARIS (75008), this company of category PME shows in 2018 a revenue of 507 k€. 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

Financial history - CORDIER COMMUNICATION (SIREN 399378371)
Indicator 2018 2017 2016
Revenue 506 673 € 347 221 € 443 773 €
Net income 306 € 941 € 10 538 €
EBITDA -2 710 € -3 453 € 1 649 €
Net margin 0.1% 0.3% 2.4%

Revenue and income statement

In 2018, CORDIER COMMUNICATION achieves revenue of 507 k€. Over the period 2016-2018, the company shows strong growth with a CAGR (compound annual growth rate) of +6.9%. Vs 2017, growth of +46% (347 k€ -> 507 k€). After deducting consumption (0 €), gross margin stands at 507 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 -3 k€, representing -0.5% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 306 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

506 673 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

506 673 €

EBITDA (2018) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-2 710 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

17 069 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

306 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.5%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.92%

Financial autonomy (2018) ?
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

34.876%

Cash flow / Revenue (2018) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-3.371%

Repayment capacity (2018) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-0.038

Asset age ratio (2018) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

27.7%

Solvency indicators evolution
CORDIER COMMUNICATION

Sector positioning

Debt ratio
1.92 2018
2016
2017
2018
Q1: 0.04
Med: 7.83
Q3: 43.2
Good -45 pts over 3 years

In 2018, the debt ratio of CORDIER COMMUNICATION (1.92) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
34.88% 2018
2016
2017
2018
Q1: 9.37%
Med: 22.71%
Q3: 42.2%
Good +21 pts over 3 years

In 2018, the financial autonomy of CORDIER COMMUNICATION (34.9%) 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.

Repayment capacity
-0.04 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.03 years
Q3: 1.16 years
Excellent -50 pts over 3 years

In 2018, the repayment capacity of CORDIER COMMUNICATION (-0.04) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 129.44. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

129.442

Interest coverage (2018) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-0.812

Liquidity indicators evolution
CORDIER COMMUNICATION

Sector positioning

Liquidity ratio
129.44 2018
2016
2017
2018
Q1: 107.58
Med: 140.55
Q3: 239.85
Average -33 pts over 3 years

In 2018, the liquidity ratio of CORDIER COMMUNICATION (129.44) 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.

Interest coverage
-0.81x 2018
2016
2017
2018
Q1: 0.0x
Med: 0.08x
Q3: 3.1x
Average

In 2018, the interest coverage of CORDIER COMMUNICATION (-0.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The company must finance 20 days of gap between collections and payments. Overall, WCR represents 19 days of revenue, i.e. 27 k€ to permanently finance. Over 2016-2018, WCR increased by +133%, requiring additional financing.

Operating WCR (2018) ?
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

27 249 €

Customer credit (2018) ?
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

35 j

Supplier credit (2018) ?
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

15 j

Inventory turnover (2018) ?
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 in days of revenue (2018) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

19 j

WCR and payment terms evolution
CORDIER COMMUNICATION

Positioning of CORDIER COMMUNICATION in its sector

Comparison with sector Activités des agences de voyage

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of CORDIER COMMUNICATION is estimated at 116 001 € (range 73 702€ - 172 121€). The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2018
80 tx
73k€ 116k€ 172k€
116 001 € Range: 73 702€ - 172 121€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
506 673 € × 0.38x
Estimation 193 049 €
122 680€ - 285 447€
Net Income Multiple 20%
306 € × 1.4x
Estimation 431 €
237€ - 2 134€
How is this estimate calculated?

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.

  • 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 (Activités des agences de voyage)

Compare CORDIER COMMUNICATION with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about CORDIER COMMUNICATION

What is the revenue of CORDIER COMMUNICATION ?

The revenue of CORDIER COMMUNICATION in 2018 is 507 k€.

Is CORDIER COMMUNICATION profitable?

Yes, CORDIER COMMUNICATION generated a net profit of 306€ in 2018.

Where is the headquarters of CORDIER COMMUNICATION ?

The headquarters of CORDIER COMMUNICATION is located in PARIS (75008), in the department Paris.

Where to find the tax return of CORDIER COMMUNICATION ?

The tax return of CORDIER COMMUNICATION 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 CORDIER COMMUNICATION operate?

CORDIER COMMUNICATION operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.