COURS ET FORMATION EST-REUNION : revenue, balance sheet and financial ratios

COURS ET FORMATION EST-REUNION is a French company founded 18 years ago, specialized in the sector Formation continue d'adultes. Based in SAINT-ANDRE (97440), this company of category PME shows in 2019 a revenue of 275 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 - COURS ET FORMATION EST-REUNION (SIREN 499366383)
Indicator 2023 2019 2018
Revenue N/C 274 548 € 246 206 €
Net income 129 837 € 66 621 € 40 974 €
EBITDA N/C 96 620 € 46 465 €
Net margin N/C 24.3% 16.6%

Revenue and income statement

In 2023, COURS ET FORMATION EST-REUNION generates positive net income of 130 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 41 k€ -> 130 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

129 837 €

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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 1%. 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 75%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.593%

Financial autonomy (2023) ?
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

75.095%

Asset age ratio (2023) ?
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

32.0%

Solvency indicators evolution
COURS ET FORMATION EST-REUNION

Sector positioning

Debt ratio
0.59 2023
2018
2019
2023
Q1: 0.0
Med: 3.62
Q3: 37.96
Good

In 2023, the debt ratio of COURS ET FORMATION EST-RE... (0.59) 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
75.09% 2023
2018
2019
2023
Q1: 1.77%
Med: 30.93%
Q3: 61.22%
Excellent

In 2023, the financial autonomy of COURS ET FORMATION EST-RE... (75.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.73 years 2019
2018
2019
Q1: 0.0 years
Med: 0.0 years
Q3: 0.54 years
Average +24 pts over 2 years

In 2019, the repayment capacity of COURS ET FORMATION EST-RE... (0.73) 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 418.12. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

418.118

Liquidity indicators evolution
COURS ET FORMATION EST-REUNION

Sector positioning

Liquidity ratio
418.12 2023
2018
2019
2023
Q1: 129.96
Med: 228.25
Q3: 426.41
Good

In 2023, the liquidity ratio of COURS ET FORMATION EST-RE... (418.12) 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
0.26x 2019
2018
2019
Q1: 0.0x
Med: 0.0x
Q3: 0.59x
Good -14 pts over 2 years

In 2019, the interest coverage of COURS ET FORMATION EST-RE... (0.3x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
COURS ET FORMATION EST-REUNION

Positioning of COURS ET FORMATION EST-REUNION in its sector

Comparison with sector Formation continue d'adultes

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of COURS ET FORMATION EST-REUNION is estimated at 381 325 € (range 142 264€ - 2 062 214€). 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 value 2023
134 transactions
142k€ 381k€ 2062k€
381 325 € Range: 142 264€ - 2 062 214€
NAF 5 all-time

Valuation method used

Net Income Multiple
129 837 € × 2.9x = 381 326 €
Range: 142 265€ - 2 062 214€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 134 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 (Formation continue d'adultes)

Compare COURS ET FORMATION EST-REUNION with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about COURS ET FORMATION EST-REUNION

What is the revenue of COURS ET FORMATION EST-REUNION ?

The revenue of COURS ET FORMATION EST-REUNION in 2019 is 275 k€.

Is COURS ET FORMATION EST-REUNION profitable?

Yes, COURS ET FORMATION EST-REUNION generated a net profit of 130 k€ in 2023.

Where is the headquarters of COURS ET FORMATION EST-REUNION ?

The headquarters of COURS ET FORMATION EST-REUNION is located in SAINT-ANDRE (97440), in the department La Reunion.

Where to find the tax return of COURS ET FORMATION EST-REUNION ?

The tax return of COURS ET FORMATION EST-REUNION 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 COURS ET FORMATION EST-REUNION operate?

COURS ET FORMATION EST-REUNION operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.