SIREN : 510193386
LI-CORN is a French company founded 17 years ago, specialized in the sector Activités des sièges sociaux. Based in BEZERIL (32130), this company of category ETI shows in 2021 a revenue of 1.8 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 764 000 € | 1 524 000 € | 720 000 € | N/C | 700 512 € | 500 667 € | 175 128 € | 500 667 € |
| Net income | 428 149 € | 240 460 € | -151 235 € | 31 127 € | 79 258 € | -822 445 € | 4 266 € | 39 072 € |
| EBITDA | 344 668 € | 338 793 € | 69 571 € | N/C | 213 390 € | 151 198 € | 47 012 € | 231 020 € |
| Net margin | 24.3% | 15.8% | -21.0% | N/C | 11.3% | -164.3% | 2.4% | 7.8% |
In 2021, LI-CORN achieves revenue of 1.8 M€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +23.4%. Vs 2020, growth of +16% (1.5 M€ -> 1.8 M€). After deducting consumption (0 €), gross margin stands at 1.8 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 345 k€, representing 19.5% of revenue. Warning negative scissor effect: despite revenue change (+16%), EBITDA varies by +2%, reducing margin by 2.7 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 428 k€, i.e. 24.3% of revenue. This profit can be retained or distributed to shareholders.
1 764 000 €
1 764 000 €
344 668 €
368 773 €
428 149 €
19.5%
The debt ratio (= Financial debt / Equity x 100) stands at 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 74%. 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 13.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 22.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
32.423%
74.425%
22.905%
13.801
In 2021, the debt ratio of LI-CORN (32.42) 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 2021, the financial autonomy of LI-CORN (74.4%) 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 2021, the repayment capacity of LI-CORN (13.80) 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 2209.28. 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 38.5x. Operating income very largely covers interest expenses: high safety margin.
2209.28
38.466
In 2021, the liquidity ratio of LI-CORN (2209.28) 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 2021, the interest coverage of LI-CORN (38.5x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 369 days. Excellent situation: suppliers finance 320 days of the operating cycle (retail model). Overall, WCR represents 1432 days of revenue, i.e. 7.0 M€ to permanently finance. Over 2015-2021, WCR increased by +1351%, requiring additional financing.
7 015 252 €
49 j
369 j
0 j
1432 j
Based on 65 transactions of similar company sales
in 2021,
the value of LI-CORN is estimated at
1 472 421 €
(range 712 839€ - 3 072 389€).
With an EBITDA of 344 668€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.46x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 65 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 LI-CORN with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of LI-CORN in 2021 is 1.8 M€.
Yes, LI-CORN generated a net profit of 428 k€ in 2021.
The headquarters of LI-CORN is located in BEZERIL (32130), in the department Gers.
The tax return of LI-CORN 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).
LI-CORN operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.