GEFONIM PARTICIPATIONS : revenue, balance sheet and financial ratios

GEFONIM PARTICIPATIONS is a French company founded 37 years ago, specialized in the sector Supports juridiques de gestion de patrimoine mobilier. Based in PARIS (75016), this company of category PME shows in 2021 a revenue of 83 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - GEFONIM PARTICIPATIONS (SIREN 348786815)
Indicator 2021 2020 2019 2018
Revenue 83 258 € 85 014 € 73 626 € 74 023 €
Net income 449 416 € 1 358 066 € 975 302 € 453 957 €
EBITDA -124 546 € -113 417 € -154 458 € -148 082 €
Net margin 539.8% 1597.5% 1324.7% 613.3%

Revenue and income statement

In 2021, GEFONIM PARTICIPATIONS achieves revenue of 83 k€. Revenue is growing positively over 4 years (CAGR: +4.0%). Slight decline of -2% vs 2020. After deducting consumption (36 k€), gross margin stands at 47 k€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -125 k€, representing -149.6% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -10%, reducing margin by 16.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 449 k€, i.e. 539.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

83 258 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

47 249 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-124 546 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-135 701 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

449 416 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-149.6%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 10%. 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 76%. 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 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 330.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.564%

Financial autonomy (2021) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

75.731%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

330.468%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

2.029

Asset age ratio (2021) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

72.4%

Solvency indicators evolution
GEFONIM PARTICIPATIONS

Sector positioning

Debt ratio
9.56 2021
2019
2020
2021
Q1: 0.0
Med: 6.79
Q3: 56.25
Average -5 pts over 3 years

In 2021, the debt ratio of GEFONIM PARTICIPATIONS (9.56) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
75.73% 2021
2019
2020
2021
Q1: 16.06%
Med: 60.82%
Q3: 89.75%
Good

In 2021, the financial autonomy of GEFONIM PARTICIPATIONS (75.7%) 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.

Repayment capacity
2.03 years 2021
2019
2020
2021
Q1: -0.94 years
Med: 0.01 years
Q3: 2.6 years
Average

In 2021, the repayment capacity of GEFONIM PARTICIPATIONS (2.03) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 223.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

223.49

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-11.299

Liquidity indicators evolution
GEFONIM PARTICIPATIONS

Sector positioning

Liquidity ratio
223.49 2021
2019
2020
2021
Q1: 118.72
Med: 521.58
Q3: 2680.47
Average

In 2021, the liquidity ratio of GEFONIM PARTICIPATIONS (223.49) 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.

Interest coverage
-11.3x 2021
2019
2020
2021
Q1: -14.34x
Med: 0.0x
Q3: 0.0x
Average +5 pts over 3 years

In 2021, the interest coverage of GEFONIM PARTICIPATIONS (-11.3x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 231 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The gap of 211 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 6051 days of revenue, i.e. 1.4 M€ to permanently finance. Over 2018-2021, WCR increased by +145%, requiring additional financing.

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

1 399 428 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

231 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

20 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

6051 j

WCR and payment terms evolution
GEFONIM PARTICIPATIONS

Positioning of GEFONIM PARTICIPATIONS in its sector

Comparison with sector Supports juridiques de gestion de patrimoine mobilier

Valuation estimate

Based on 103 transactions of similar company sales (all years), the value of GEFONIM PARTICIPATIONS is estimated at 616 785 € (range 228 466€ - 1 588 601€). The price/revenue ratio is 0.30x (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.

Estimated enterprise value 2021
103 transactions
228k€ 616k€ 1588k€
616 785 € Range: 228 466€ - 1 588 601€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
83 258 € × 0.30x
Estimation 25 393 €
13 509€ - 70 261€
Net Income Multiple 20%
449 416 € × 3.3x
Estimation 1 503 875 €
550 903€ - 3 866 112€

Valuation evolution

How is this estimate calculated?

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.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Supports juridiques de gestion de patrimoine mobilier)

Compare GEFONIM PARTICIPATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Supports juridiques de gestion de patrimoine mobilier

Frequently asked questions about GEFONIM PARTICIPATIONS

What is the revenue of GEFONIM PARTICIPATIONS ?

The revenue of GEFONIM PARTICIPATIONS in 2021 is 83 k€.

Is GEFONIM PARTICIPATIONS profitable?

Yes, GEFONIM PARTICIPATIONS generated a net profit of 449 k€ in 2021.

Where is the headquarters of GEFONIM PARTICIPATIONS ?

The headquarters of GEFONIM PARTICIPATIONS is located in PARIS (75016), in the department Paris.

Where to find the tax return of GEFONIM PARTICIPATIONS ?

The tax return of GEFONIM PARTICIPATIONS 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).

In which sector does GEFONIM PARTICIPATIONS operate?

GEFONIM PARTICIPATIONS operates in the sector Supports juridiques de gestion de patrimoine mobilier (NAF code 66.19A). See the 'Sector positioning' section above to compare the company with its competitors.