SIREN : 893835967
FORGET is a French company founded 5 years ago, specialized in the sector Location de logements. Based in SAINT-PAUL (97411), this company of category PME shows in 2024 a revenue of 22 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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 21 947 € | 21 266 € | 12 991 € |
| Net income | -50 862 € | -37 849 € | 129 058 € |
| EBITDA | 8 115 € | 12 931 € | 204 € |
| Net margin | -231.7% | -178.0% | 993.4% |
In 2024, FORGET achieves revenue of 22 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +30.0%. Vs 2023: +3%. After deducting consumption (0 €), gross margin stands at 22 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 8 k€, representing 37.0% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -37%, reducing margin by 23.8 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 -51 k€ (-231.7% of revenue), which will impact equity.
21 947 €
21 947 €
8 115 €
-26 040 €
-50 862 €
37.0%
The debt ratio (= Financial debt / Equity x 100) stands at 226%. 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 30%. The balance between equity and debt is satisfactory.
225.576%
29.769%
-76.124%
-77.709
92.8%
In 2024, the debt ratio of FORGET (225.58) 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 2024, the financial autonomy of FORGET (29.8%) 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 2024, the repayment capacity of FORGET (-77.71) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 1084.96. 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 305.9x. Operating income very largely covers interest expenses: high safety margin.
1084.956
305.878
In 2024, the liquidity ratio of FORGET (1084.96) 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 2024, the interest coverage of FORGET (305.9x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 760 days. Excellent situation: suppliers finance 760 days of the operating cycle (retail model). Overall, WCR represents 10039 days of revenue, i.e. 612 k€ to permanently finance. Over 2022-2024, WCR increased by +296%, requiring additional financing.
612 038 €
0 j
760 j
0 j
10039 j
Based on 169 transactions of similar company sales in 2024, the value of FORGET is estimated at 35 040 € (range 10 054€ - 63 072€). With an EBITDA of 8 115€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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 169 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 FORGET with other companies in the same sector:
Voir toutes les statistiques du secteur Location de logements
The revenue of FORGET in 2024 is 22 k€.
FORGET recorded a net loss in 2024.
The headquarters of FORGET is located in SAINT-PAUL (97411), in the department La Reunion.
The tax return of FORGET 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).
FORGET operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.