SIREN : 489172163
COVALEX is a French company founded 20 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PLAN-D'ORGON (13750), this company of category PME shows in 2019 a revenue of 81 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 81 446 € | 81 446 € | 81 446 € | 81 446 € |
| Net income | 33 400 € | 29 840 € | 8 493 € | 25 569 € |
| EBITDA | 72 542 € | 73 355 € | 53 193 € | 71 161 € |
| Net margin | 41.0% | 36.6% | 10.4% | 31.4% |
In 2019, COVALEX achieves revenue of 81 k€. Activity remains stable over the period (CAGR: 0.0%). Slight decline of 0% vs 2018. After deducting consumption (0 €), gross margin stands at 81 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 73 k€, representing 89.1% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 33 k€, i.e. 41.0% of revenue. This profit can be retained or distributed to shareholders.
81 446 €
81 446 €
72 542 €
36 385 €
33 400 €
89.1%
The debt ratio (= Financial debt / Equity x 100) stands at 427%. 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 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 83.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
427.18%
18.919%
83.098%
4.993
29.8%
In 2019, the debt ratio of COVALEX (427.18) 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 2019, the financial autonomy of COVALEX (18.9%) 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 2019, the repayment capacity of COVALEX (4.99) 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 17322.67. 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 9.1x. Operating income very largely covers interest expenses: high safety margin.
17322.674
9.093
In 2019, the liquidity ratio of COVALEX (17322.67) 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 2019, the interest coverage of COVALEX (9.1x) 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. Overall, WCR represents 398 days of revenue, i.e. 90 k€ to permanently finance. Notable WCR improvement over the period (-21%), freeing up cash.
89 982 €
0 j
0 j
0 j
398 j
Based on 234 transactions of similar company sales in 2019, the value of COVALEX is estimated at 257 440 € (range 87 436€ - 494 755€). With an EBITDA of 72 542€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.69x (in line with sector norms). 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.
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This estimate is based on the analysis of 234 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 COVALEX with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of COVALEX in 2019 is 81 k€.
Yes, COVALEX generated a net profit of 33 k€ in 2019.
The headquarters of COVALEX is located in PLAN-D'ORGON (13750), in the department Bouches-du-Rhone.
The tax return of COVALEX 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).
COVALEX operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.