SIREN : 529230773
KURMI SOFTWARE is a French company founded 15 years ago, specialized in the sector Edition de logiciels applicatifs. Based in RENNES (35000), this company of category PME shows in 2020 a revenue of 8.9 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 8 851 780 € | 9 043 534 € | 6 255 123 € | 4 350 520 € | 3 278 821 € |
| Net income | 780 974 € | 1 197 927 € | 731 674 € | 432 908 € | 55 537 € |
| EBITDA | 1 153 575 € | 1 921 316 € | 1 278 443 € | 739 417 € | 114 177 € |
| Net margin | 8.8% | 13.2% | 11.7% | 10.0% | 1.7% |
In 2020, KURMI SOFTWARE achieves revenue of 8.9 M€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +28.2%. Slight decline of -2% vs 2019. After deducting consumption (282 €), gross margin stands at 8.9 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 1.2 M€, representing 13.0% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -40%, reducing margin by 8.2 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 781 k€, i.e. 8.8% of revenue. This profit can be retained or distributed to shareholders.
8 851 780 €
8 851 498 €
1 153 575 €
685 034 €
780 974 €
13.0%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 60%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
11.452%
60.003%
13.222%
0.933
47.3%
In 2020, the debt ratio of KURMI SOFTWARE (11.45) 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 2020, the financial autonomy of KURMI SOFTWARE (60.0%) 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.
In 2020, the repayment capacity of KURMI SOFTWARE (0.93) 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 440.58. 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 5.2x. Operating income very largely covers interest expenses: high safety margin.
440.579
5.232
In 2020, the liquidity ratio of KURMI SOFTWARE (440.58) 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 2020, the interest coverage of KURMI SOFTWARE (5.2x) 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: 137 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 114 days. The company must finance 23 days of gap between collections and payments. Overall, WCR represents 144 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2016-2020, WCR increased by +26%, requiring additional financing.
3 542 925 €
137 j
114 j
0 j
144 j
Based on 103 transactions of similar company sales (all years), the value of KURMI SOFTWARE is estimated at 1 410 458 € (range 546 344€ - 3 892 830€). With an EBITDA of 1 153 575€, 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 KURMI SOFTWARE with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of KURMI SOFTWARE in 2020 is 8.9 M€.
Yes, KURMI SOFTWARE generated a net profit of 781 k€ in 2020.
The headquarters of KURMI SOFTWARE is located in RENNES (35000), in the department Ille-et-Vilaine.
The tax return of KURMI SOFTWARE 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).
KURMI SOFTWARE 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.