SIREN : 514904028
GOLFCODERS is a French company founded 16 years ago, specialized in the sector Programmation informatique. Based in PARIS (75007), this company of category GE shows in 2024 a revenue of 197 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 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 197 203 € | 202 828 € | 138 014 € | 89 714 € | 156 727 € | 468 219 € |
| Net income | 133 859 € | 141 425 € | 117 160 € | 74 606 € | -39 375 € | -129 761 € |
| EBITDA | 178 784 € | 188 733 € | 127 961 € | 77 550 € | -35 220 € | -92 680 € |
| Net margin | 67.9% | 69.7% | 84.9% | 83.2% | -25.1% | -27.7% |
In 2024, GOLFCODERS achieves revenue of 197 k€. Revenue is declining over the period 2018-2024 (CAGR: -13.4%). Slight decline of -3% vs 2023. After deducting consumption (0 €), gross margin stands at 197 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 179 k€, representing 90.7% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -5%, reducing margin by 2.4 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 134 k€, i.e. 67.9% of revenue. This profit can be retained or distributed to shareholders.
197 203 €
197 203 €
178 784 €
178 782 €
133 859 €
90.7%
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 93%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 67.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.005%
92.762%
67.879%
0.0
In 2024, the debt ratio of GOLFCODERS (0.01) 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 2024, the financial autonomy of GOLFCODERS (92.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of GOLFCODERS (0.00) 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 1315.71. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
1315.711
0.169
In 2024, the liquidity ratio of GOLFCODERS (1315.71) 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 GOLFCODERS (0.2x) 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: 360 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 226 days. The gap of 134 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 369 days of revenue, i.e. 202 k€ to permanently finance. Over 2018-2024, WCR increased by +199%, requiring additional financing.
202 293 €
360 j
226 j
0 j
369 j
Based on 120 transactions of similar company sales (all years), the value of GOLFCODERS is estimated at 272 477 € (range 120 346€ - 745 271€). With an EBITDA of 178 784€, 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.
Ajustez les pondérations selon votre analyse
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 GOLFCODERS with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of GOLFCODERS in 2024 is 197 k€.
Yes, GOLFCODERS generated a net profit of 134 k€ in 2024.
The headquarters of GOLFCODERS is located in PARIS (75007), in the department Paris.
The tax return of GOLFCODERS 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).
GOLFCODERS operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.