SIREN : 424240919
CUMA DE L'OR NOIR is a French company founded 26 years ago, specialized in the sector Activités de soutien aux cultures. Based in PANAZOL (87350), this company of category PME shows in 2020 a revenue of 402 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
| Indicator | 2020 | 2019 | 2018 | 2016 |
|---|---|---|---|---|
| Revenue | 402 442 € | 772 643 € | 704 543 € | 969 508 € |
| Net income | -29 677 € | 119 673 € | -612 € | -113 604 € |
| EBITDA | 89 325 € | 512 509 € | 476 272 € | 92 706 € |
| Net margin | -7.4% | 15.5% | -0.1% | -11.7% |
In 2020, CUMA DE L'OR NOIR achieves revenue of 402 k€. Revenue is declining over the period 2016-2020 (CAGR: -19.7%). Significant drop of -48% vs 2019. After deducting consumption (21 k€), gross margin stands at 382 k€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 89 k€, representing 22.2% of revenue. Warning negative scissor effect: despite revenue change (-48%), EBITDA varies by -83%, reducing margin by 44.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -30 k€ (-7.4% of revenue), which will impact equity.
402 442 €
381 625 €
89 325 €
-17 809 €
-29 677 €
22.2%
The debt ratio (= Financial debt / Equity x 100) stands at 125%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 19.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
125.414%
37.224%
19.141%
7.331
71.3%
In 2020, the debt ratio of CUMA DE L'OR NOIR (125.41) 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 CUMA DE L'OR NOIR (37.2%) 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 CUMA DE L'OR NOIR (7.33) 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 232.58. 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 8.3x. Operating income very largely covers interest expenses: high safety margin.
232.578
8.263
In 2020, the liquidity ratio of CUMA DE L'OR NOIR (232.58) 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.
In 2020, the interest coverage of CUMA DE L'OR NOIR (8.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 197 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 129 days. The gap of 68 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 119 days of revenue, i.e. 133 k€ to permanently finance. Notable WCR improvement over the period (-59%), freeing up cash.
132 613 €
197 j
129 j
11 j
119 j
Based on 50 transactions of similar company sales
(all years),
the value of CUMA DE L'OR NOIR is estimated at
208 179 €
(range 74 761€ - 341 499€).
With an EBITDA of 89 325€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.37x
(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 50 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 CUMA DE L'OR NOIR with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de soutien aux cultures
The revenue of CUMA DE L'OR NOIR in 2020 is 402 k€.
CUMA DE L'OR NOIR recorded a net loss in 2020.
The headquarters of CUMA DE L'OR NOIR is located in PANAZOL (87350), in the department Haute-Vienne.
The tax return of CUMA DE L'OR NOIR 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).
CUMA DE L'OR NOIR operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.