SIREN : 789822178
CORDO 55 is a French company founded 13 years ago, specialized in the sector Réparation de chaussures et d'articles en cuir. Based in VINCENNES (94300), this company of category PME shows in 2023 a revenue of 71 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
| Indicator | 2023 | 2022 | 2021 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 70 949 € | 64 277 € | 49 160 € | 55 909 € | 69 881 € | 67 730 € |
| Net income | 2 126 € | -124 € | -3 456 € | 133 € | 2 408 € | 4 € |
| EBITDA | 4 525 € | 2 275 € | -12 073 € | 2 556 € | 2 303 € | 5 € |
| Net margin | 3.0% | -0.2% | -7.0% | 0.2% | 3.4% | 0.0% |
In 2023, CORDO 55 achieves revenue of 71 k€. Revenue is growing positively over 6 years (CAGR: +0.7%). Vs 2022, growth of +10% (64 k€ -> 71 k€). After deducting consumption (16 k€), gross margin stands at 55 k€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 6.4% of revenue. Positive scissor effect: EBITDA margin improves by +2.8 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.
70 949 €
54 883 €
4 525 €
2 126 €
2 126 €
6.4%
The debt ratio (= Financial debt / Equity x 100) stands at 134%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 6.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
133.673%
10.852%
6.379%
0.0
In 2023, the debt ratio of CORDO 55 (133.67) 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 2023, the financial autonomy of CORDO 55 (10.8%) 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 2023, the repayment capacity of CORDO 55 (0.00) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 95.28. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
95.279
0.0
In 2023, the liquidity ratio of CORDO 55 (95.28) 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 2023, the interest coverage of CORDO 55 (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 104 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-53 days): operations structurally generate cash. Over 2016-2023, WCR increased by +22%, requiring additional financing.
-10 531 €
0 j
20 j
104 j
-53 j
Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 18 893€ to 45 069€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 33 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 CORDO 55 with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation de chaussures et d'articles en cuir
The revenue of CORDO 55 in 2023 is 71 k€.
Yes, CORDO 55 generated a net profit of 2 k€ in 2023.
The headquarters of CORDO 55 is located in VINCENNES (94300), in the department Val-de-Marne.
The tax return of CORDO 55 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).
CORDO 55 operates in the sector Réparation de chaussures et d'articles en cuir (NAF code 95.23Z). See the 'Sector positioning' section above to compare the company with its competitors.