SIREN : 795365113
FRPA is a French company founded 12 years ago, specialized in the sector Programmation informatique. Based in RENNES (35000), this company of category PME shows in 2017 a revenue of 76 k€. 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 | 2017 | 2016 |
|---|---|---|
| Revenue | 76 140 € | 69 300 € |
| Net income | 15 242 € | -10 763 € |
| EBITDA | 12 101 € | 15 680 € |
| Net margin | 20.0% | -15.5% |
In 2017, FRPA achieves revenue of 76 k€. Vs 2016: +10%. After deducting consumption (0 €), gross margin stands at 76 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 12 k€, representing 15.9% of revenue. Warning negative scissor effect: despite revenue change (+10%), EBITDA varies by -23%, reducing margin by 6.7 pts. This reflects costs rising faster than 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 15 k€, i.e. 20.0% of revenue. This profit can be retained or distributed to shareholders.
76 140 €
76 140 €
12 101 €
-8 036 €
15 242 €
15.9%
The debt ratio (= Financial debt / Equity x 100) stands at -167%. 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 -71%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 46.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-167.477%
-70.626%
46.464%
1.632
In 2017, the debt ratio of FRPA (-167.48) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2017, the financial autonomy of FRPA (-70.6%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2017, the repayment capacity of FRPA (1.63) 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 160.12. 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 14.3x. Operating income very largely covers interest expenses: high safety margin.
160.125
14.305
In 2017, the liquidity ratio of FRPA (160.12) 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 2017, the interest coverage of FRPA (14.3x) 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: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 187 days. Excellent situation: suppliers finance 171 days of the operating cycle (retail model). WCR is negative (-48 days): operations structurally generate cash.
-10 243 €
16 j
187 j
0 j
-48 j
Based on 120 transactions of similar company sales (all years), the value of FRPA is estimated at 26 220 € (range 12 192€ - 70 306€). With an EBITDA of 12 101€, the sector multiple of 2.2x is applied. 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 FRPA with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of FRPA in 2017 is 76 k€.
Yes, FRPA generated a net profit of 15 k€ in 2017.
The headquarters of FRPA is located in RENNES (35000), in the department Ille-et-Vilaine.
The tax return of FRPA 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).
FRPA operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.