SIREN : 342662673
FORSK is a French company founded 38 years ago, specialized in the sector Edition de logiciels applicatifs. Based in BLAGNAC (31700), this company of category PME shows in 2024 a revenue of 25.2 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25 229 546 € | 24 837 411 € | 25 636 749 € | 25 976 851 € | 28 146 109 € | 26 381 191 € | 22 201 990 € | 21 805 226 € | 21 587 916 € |
| Net income | 9 202 625 € | 10 004 381 € | 15 218 792 € | 13 401 214 € | 14 181 038 € | 12 009 709 € | 9 420 745 € | 11 151 486 € | 6 820 001 € |
| EBITDA | 8 096 365 € | 8 276 031 € | 9 608 975 € | 10 988 343 € | 14 837 656 € | 13 928 958 € | 10 062 895 € | 9 727 402 € | 10 038 818 € |
| Net margin | 36.5% | 40.3% | 59.4% | 51.6% | 50.4% | 45.5% | 42.4% | 51.1% | 31.6% |
In 2024, FORSK achieves revenue of 25.2 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Vs 2023: +2%. After deducting consumption (39 k€), gross margin stands at 25.2 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 8.1 M€, representing 32.1% 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 9.2 M€, i.e. 36.5% of revenue. This profit can be retained or distributed to shareholders.
25 229 546 €
25 190 958 €
8 096 365 €
7 761 640 €
9 202 625 €
32.1%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 37.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.277%
25.629%
37.652%
0.002
39.6%
In 2024, the debt ratio of FORSK (0.28) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of FORSK (25.6%) 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 2024, the repayment capacity of FORSK (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 176.00. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
176.0
1.066
In 2024, the liquidity ratio of FORSK (176.00) 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 2024, the interest coverage of FORSK (1.1x) 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. Average customer payment term: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 93 days. Favorable situation: supplier credit is longer than customer credit by 28 days. WCR is negative (-275 days): operations structurally generate cash. Notable WCR improvement over the period (-567%), freeing up cash.
-19 302 873 €
65 j
93 j
0 j
-275 j
Based on 103 transactions of similar company sales (all years), the value of FORSK is estimated at 8 049 622 € (range 2 955 383€ - 24 259 656€). With an EBITDA of 8 096 365€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.25x (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 103 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 FORSK with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of FORSK in 2024 is 25.2 M€.
Yes, FORSK generated a net profit of 9.2 M€ in 2024.
The headquarters of FORSK is located in BLAGNAC (31700), in the department Haute-Garonne.
The tax return of FORSK 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).
FORSK operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.