SIREN : 433868189
CORDON NETWORKS is a French company founded 25 years ago, specialized in the sector Réparation d'équipements de communication. Based in PARIS (75015), this company of category ETI shows in 2020 a revenue of 4.2 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 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 4 171 434 € | 5 062 395 € | 4 814 939 € | 5 705 099 € |
| Net income | 462 629 € | 870 305 € | 548 025 € | 868 912 € |
| EBITDA | 615 780 € | 1 194 994 € | 837 402 € | 1 294 185 € |
| Net margin | 11.1% | 17.2% | 11.4% | 15.2% |
In 2020, CORDON NETWORKS achieves revenue of 4.2 M€. Revenue is declining over the period 2017-2020 (CAGR: -9.9%). Significant drop of -18% vs 2019. After deducting consumption (342 k€), gross margin stands at 3.8 M€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 616 k€, representing 14.8% of revenue. Warning negative scissor effect: despite revenue change (-18%), EBITDA varies by -48%, reducing margin by 8.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 463 k€, i.e. 11.1% of revenue. This profit can be retained or distributed to shareholders.
4 171 434 €
3 829 147 €
615 780 €
629 671 €
462 629 €
14.8%
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 49%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1.629%
49.302%
11.458%
0.046
13.2%
In 2020, the debt ratio of CORDON NETWORKS (1.63) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of CORDON NETWORKS (49.3%) 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 2020, the repayment capacity of CORDON NETWORKS (0.05) 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 282.97. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
282.969
0.216
In 2020, the liquidity ratio of CORDON NETWORKS (282.97) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2020, the interest coverage of CORDON NETWORKS (0.2x) 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: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 108 days. Excellent situation: suppliers finance 50 days of the operating cycle (retail model). Inventory turnover is 23 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 168 days of revenue, i.e. 1.9 M€ to permanently finance. Notable WCR improvement over the period (-48%), freeing up cash.
1 944 639 €
58 j
108 j
23 j
168 j
Based on 53 transactions of similar company sales
(all years),
the value of CORDON NETWORKS is estimated at
779 231 €
(range 361 037€ - 1 576 017€).
With an EBITDA of 615 780€, the sector multiple of 1.4x is applied.
The price/revenue ratio is 0.20x
(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 53 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 CORDON NETWORKS with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation d'équipements de communication
The revenue of CORDON NETWORKS in 2020 is 4.2 M€.
Yes, CORDON NETWORKS generated a net profit of 463 k€ in 2020.
The headquarters of CORDON NETWORKS is located in PARIS (75015), in the department Paris.
The tax return of CORDON NETWORKS 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).
CORDON NETWORKS operates in the sector Réparation d'équipements de communication (NAF code 95.12Z). See the 'Sector positioning' section above to compare the company with its competitors.