SIREN : 379275977
FORMA DESIGN is a French company founded 35 years ago, specialized in the sector Commerce de détail de meubles. Based in LA MEZIERE (35520), this company of category PME shows in 2023 a revenue of 5.1 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 | 2023 | 2022 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 5 087 024 € | 4 513 036 € | 3 600 125 € | N/C | N/C | N/C |
| Net income | 47 906 € | 112 114 € | -17 683 € | 15 604 € | 130 124 € | 24 750 € |
| EBITDA | 76 447 € | 193 336 € | 54 584 € | N/C | N/C | N/C |
| Net margin | 0.9% | 2.5% | -0.5% | N/C | N/C | N/C |
In 2023, FORMA DESIGN achieves revenue of 5.1 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.2%. Vs 2022, growth of +13% (4.5 M€ -> 5.1 M€). After deducting consumption (3.0 M€), gross margin stands at 2.1 M€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 76 k€, representing 1.5% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -60%, reducing margin by 2.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 48 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.
5 087 024 €
2 070 629 €
76 447 €
63 341 €
47 906 €
1.5%
The debt ratio (= Financial debt / Equity x 100) stands at 90%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
90.266%
25.148%
1.103%
5.144
18.6%
In 2023, the debt ratio of FORMA DESIGN (90.27) 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 2023, the financial autonomy of FORMA DESIGN (25.1%) 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 2023, the repayment capacity of FORMA DESIGN (5.14) 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 135.22. 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 19.6x. Operating income very largely covers interest expenses: high safety margin.
135.215
19.646
In 2023, the liquidity ratio of FORMA DESIGN (135.22) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of FORMA DESIGN (19.6x) 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: 51 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 97 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 140 days of revenue, i.e. 2.0 M€ to permanently finance.
1 985 059 €
51 j
72 j
97 j
140 j
Based on 55 transactions of similar company sales
in 2023,
the value of FORMA DESIGN is estimated at
436 843 €
(range 247 030€ - 753 375€).
With an EBITDA of 76 447€, the sector multiple of 2.8x is applied.
The price/revenue ratio is 0.20x
(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 55 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 FORMA DESIGN with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail de meubles
The revenue of FORMA DESIGN in 2023 is 5.1 M€.
Yes, FORMA DESIGN generated a net profit of 48 k€ in 2023.
The headquarters of FORMA DESIGN is located in LA MEZIERE (35520), in the department Ille-et-Vilaine.
The tax return of FORMA DESIGN 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).
FORMA DESIGN operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.