Employees: 03 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2010-03-26 (16 years)Status: ActiveBusiness sector: Programmation informatiqueLocation: PARIS (75010), Paris
CORSEARCH FRANCE : revenue, balance sheet and financial ratios
CORSEARCH FRANCE is a French company
founded 16 years ago,
specialized in the sector Programmation informatique.
Based in PARIS (75010),
this company of category PME
shows in 2024 a revenue of 5.3 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - CORSEARCH FRANCE (SIREN 521434662)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
5 291 298 €
5 597 541 €
5 503 386 €
5 222 123 €
5 174 612 €
6 023 238 €
6 073 688 €
4 870 793 €
4 299 182 €
Net income
373 687 €
371 562 €
623 652 €
-958 071 €
135 191 €
141 924 €
454 958 €
446 592 €
422 666 €
EBITDA
457 245 €
386 161 €
720 449 €
-712 771 €
287 765 €
514 841 €
709 515 €
645 655 €
674 598 €
Net margin
7.1%
6.6%
11.3%
-18.3%
2.6%
2.4%
7.5%
9.2%
9.8%
Revenue and income statement
In 2024, CORSEARCH FRANCE achieves revenue of 5.3 M€. Revenue is growing positively over 9 years (CAGR: +2.6%). Slight decline of -5% vs 2023. After deducting consumption (0 €), gross margin stands at 5.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 457 k€, representing 8.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 374 k€, i.e. 7.1% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
5 291 298 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
5 291 298 €
EBITDA (2024)
?
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
457 245 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
489 430 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
373 687 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8.6%
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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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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 0%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 6.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.081%
Financial autonomy (2024)
?
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
15.137%
Cash flow / Revenue (2024)
?
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
6.708%
Repayment capacity (2024)
?
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
0.005
Asset age ratio (2024)
?
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
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
0.0
0.0
0.506
0.0
0.0
0.0
6.136
8.02
0.081
Financial autonomy
45.466
19.947
21.605
23.491
26.083
13.781
14.654
17.333
15.137
Repayment capacity
0.0
0.0
0.017
0.0
0.0
0.0
0.127
0.426
0.005
Cash flow / Revenue
10.917%
8.259%
8.284%
7.544%
6.218%
-14.021%
14.163%
6.654%
6.708%
Sector positioning
Debt ratio
0.082024
2022
2023
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Good-25 pts over 3 years
In 2024, the debt ratio of CORSEARCH FRANCE (0.08) 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
15.14%2024
2022
2023
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Average
In 2024, the financial autonomy of CORSEARCH FRANCE (15.1%) 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
0.01 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.39 years
Average
In 2024, the repayment capacity of CORSEARCH FRANCE (0.01) 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 111.78. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
111.781
Interest coverage (2024)
?
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
0.0
Liquidity indicators evolution CORSEARCH FRANCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
190.412
121.186
126.666
132.834
141.797
120.793
121.58
125.074
111.781
Interest coverage
0.008
0.004
0.106
0.015
2.784
-3.995
0.0
0.0
0.0
Sector positioning
Liquidity ratio
111.782024
2022
2023
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Average
In 2024, the liquidity ratio of CORSEARCH FRANCE (111.78) 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
0.0x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.47x
Average
In 2024, the interest coverage of CORSEARCH FRANCE (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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 196 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 900 days. Excellent situation: suppliers finance 704 days of the operating cycle (retail model). Overall, WCR represents 729 days of revenue, i.e. 10.7 M€ to permanently finance. Over 2016-2024, WCR increased by +154%, requiring additional financing.
Operating WCR (2024)
?
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
10 709 799 €
Customer credit (2024)
?
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
196 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
900 j
Inventory turnover (2024)
?
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 (2024)
?
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
729 j
WCR and payment terms evolution CORSEARCH FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
4 208 684 €
2 887 601 €
4 271 989 €
4 327 275 €
3 572 293 €
2 787 047 €
6 753 095 €
7 603 364 €
10 709 799 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
156
141
140
128
334
117
125
143
196
Supplier payment term (days)
292
271
266
270
276
276
716
524
900
Positioning of CORSEARCH FRANCE in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of CORSEARCH FRANCE is estimated at
1 100 411 €
(range 534 134€ - 2 897 251€).
With an EBITDA of 457 245€, the sector multiple of 2.2x is applied.
The price/revenue ratio is 0.27x
(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.
Estimated enterprise value2024
120 transactions
534k€1100k€2897k€
1 100 411 €Range: 534 134€ - 2 897 251€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
457 245 €×2.2x
Estimation1 016 788 €
441 210€ - 2 797 045€
Revenue Multiple30%
5 291 298 €×0.27x
Estimation1 437 159 €
812 407€ - 3 514 820€
Net Income Multiple20%
373 687 €×2.2x
Estimation804 349 €
349 039€ - 2 221 415€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 120 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 (Programmation informatique)
Compare CORSEARCH FRANCE with other companies in the same sector:
The revenue of CORSEARCH FRANCE in 2024 is 5.3 M€.
Is CORSEARCH FRANCE profitable?
Yes, CORSEARCH FRANCE generated a net profit of 374 k€ in 2024.
Where is the headquarters of CORSEARCH FRANCE ?
The headquarters of CORSEARCH FRANCE is located in PARIS (75010), in the department Paris.
Where to find the tax return of CORSEARCH FRANCE ?
The tax return of CORSEARCH FRANCE 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 CORSEARCH FRANCE operate?
CORSEARCH FRANCE operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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