SIREN : 498580653
FAROS is a French company founded 18 years ago, specialized in the sector Programmation informatique. Based in LA SEYNE-SUR-MER (83500), this company of category ETI shows in 2022 a revenue of 1.5 M€. 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
| Indicator | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 1 474 239 € | 1 439 512 € | 3 031 639 € | 1 731 488 € |
| Net income | 2 030 475 € | 2 382 774 € | 2 233 731 € | 1 623 679 € |
| EBITDA | -17 039 € | -188 285 € | 83 484 € | -57 050 € |
| Net margin | 137.7% | 165.5% | 73.7% | 93.8% |
In 2022, FAROS achieves revenue of 1.5 M€. Revenue is declining over the period 2019-2022 (CAGR: -5.2%). Vs 2021: +2%. After deducting consumption (0 €), gross margin stands at 1.5 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 -17 k€, representing -1.2% of revenue. Positive scissor effect: EBITDA margin improves by +11.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.0 M€, i.e. 137.7% of revenue. This profit can be retained or distributed to shareholders.
1 474 239 €
1 474 239 €
-17 039 €
-14 490 €
2 030 475 €
-1.2%
The debt ratio (= Financial debt / Equity x 100) stands at 68%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 137.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
67.872%
56.911%
137.641%
1.895
In 2022, the debt ratio of FAROS (67.87) 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 2022, the financial autonomy of FAROS (56.9%) 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 2022, the repayment capacity of FAROS (1.90) 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 296.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
296.137
-335.683
In 2022, the liquidity ratio of FAROS (296.14) 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 2022, the interest coverage of FAROS (-335.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Overall, WCR represents 184 days of revenue, i.e. 753 k€ to permanently finance. Over 2019-2022, WCR increased by +201%, requiring additional financing.
752 953 €
62 j
90 j
0 j
184 j
Based on 120 transactions of similar company sales (all years), the value of FAROS is estimated at 1 988 460 € (range 894 429€ - 5 415 705€). 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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare FAROS with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of FAROS in 2022 is 1.5 M€.
Yes, FAROS generated a net profit of 2.0 M€ in 2022.
The headquarters of FAROS is located in LA SEYNE-SUR-MER (83500), in the department Var.
The tax return of FAROS 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).
FAROS operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.