COROM DEVELOPPEMENT : revenue, balance sheet and financial ratios

COROM DEVELOPPEMENT is a French company founded 12 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in CAGNES-SUR-MER (06800), this company of category PME shows in 2018 a revenue of 309 k€. 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

Financial history - COROM DEVELOPPEMENT (SIREN 801959651)
Indicator 2019 2018 2017 2016 2015
Revenue N/C 308 700 € 642 182 € 323 000 € 505 000 €
Net income -7 322 € 4 873 € 92 478 € -41 123 € 5 645 €
EBITDA N/C 11 119 € 113 978 € -37 750 € 20 159 €
Net margin N/C 1.6% 14.4% -12.7% 1.1%

Revenue and income statement

In 2019, COROM DEVELOPPEMENT records a net loss of 7 k€. This deficit will reduce equity on the balance sheet.

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-7 322 €

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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 478%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

477.509%

Financial autonomy (2019) ?
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

14.659%

Solvency indicators evolution
COROM DEVELOPPEMENT

Sector positioning

Debt ratio
477.51 2019
2017
2018
2019
Q1: 0.0
Med: 16.73
Q3: 246.45
Average +12 pts over 3 years

In 2019, the debt ratio of COROM DEVELOPPEMENT (477.51) 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
14.66% 2019
2017
2018
2019
Q1: 0.45%
Med: 24.72%
Q3: 69.1%
Average -18 pts over 3 years

In 2019, the financial autonomy of COROM DEVELOPPEMENT (14.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
12.77 years 2018
2017
2018
Q1: -3.93 years
Med: 0.0 years
Q3: 2.95 years
Average +17 pts over 2 years

In 2018, the repayment capacity of COROM DEVELOPPEMENT (12.77) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 578.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

578.6

Liquidity indicators evolution
COROM DEVELOPPEMENT

Sector positioning

Liquidity ratio
578.6 2019
2017
2018
2019
Q1: 142.58
Med: 433.01
Q3: 2171.07
Good

In 2019, the liquidity ratio of COROM DEVELOPPEMENT (578.60) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
40.95x 2018
2017
2018
Q1: -2.9x
Med: 0.0x
Q3: 3.07x
Excellent

In 2018, the interest coverage of COROM DEVELOPPEMENT (41.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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 (2019) ?
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 (2019) ?
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 (2019) ?
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 (2019) ?
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
COROM DEVELOPPEMENT

Positioning of COROM DEVELOPPEMENT in its sector

Comparison with sector Activités des marchands de biens immobiliers

Similar companies (Activités des marchands de biens immobiliers)

Compare COROM DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des marchands de biens immobiliers

Frequently asked questions about COROM DEVELOPPEMENT

What is the revenue of COROM DEVELOPPEMENT ?

The revenue of COROM DEVELOPPEMENT in 2018 is 309 k€.

Is COROM DEVELOPPEMENT profitable?

COROM DEVELOPPEMENT recorded a net loss in 2019.

Where is the headquarters of COROM DEVELOPPEMENT ?

The headquarters of COROM DEVELOPPEMENT is located in CAGNES-SUR-MER (06800), in the department Alpes-Maritimes.

Where to find the tax return of COROM DEVELOPPEMENT ?

The tax return of COROM DEVELOPPEMENT 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 COROM DEVELOPPEMENT operate?

COROM DEVELOPPEMENT operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.