SIREN : 402974489
NORDNET is a French company founded 30 years ago, specialized in the sector Télécommunications filaires. Based in VILLENEUVE-D'ASCQ (59650), this company of category GE shows in 2024 a revenue of 58.8 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58 784 803 € | 57 254 414 € | 59 562 538 € | 64 789 664 € | 67 022 160 € | 62 609 800 € | 63 952 162 € | 66 019 906 € | 68 382 404 € |
| Net income | -3 415 656 € | 1 719 001 € | 3 428 783 € | 3 379 607 € | 1 968 828 € | 4 216 105 € | 7 083 049 € | 8 040 646 € | 10 807 732 € |
| EBITDA | 641 405 € | 4 914 263 € | 6 250 082 € | 7 817 931 € | 8 329 602 € | 8 327 782 € | 13 114 250 € | 15 330 064 € | 17 964 301 € |
| Net margin | -5.8% | 3.0% | 5.8% | 5.2% | 2.9% | 6.7% | 11.1% | 12.2% | 15.8% |
In 2024, NORDNET achieves revenue of 58.8 M€. Activity remains stable over the period (CAGR: -1.9%). Vs 2023: +3%. After deducting consumption (5.5 M€), gross margin stands at 53.3 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 641 k€, representing 1.1% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -87%, reducing margin by 7.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -3.4 M€ (-5.8% of revenue), which will impact equity.
58 784 803 €
53 290 581 €
641 405 €
-2 567 321 €
-3 415 656 €
1.1%
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 30%. The balance between equity and debt is satisfactory. Cash flow represents 0.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.0%
30.287%
0.897%
0.0
24.7%
In 2024, the debt ratio of NORDNET (0.00) 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 NORDNET (30.3%) 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 2024, the repayment capacity of NORDNET (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 109.44. 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 14.0x. Operating income very largely covers interest expenses: high safety margin.
109.442
14.036
In 2024, the liquidity ratio of NORDNET (109.44) 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 2024, the interest coverage of NORDNET (14.0x) 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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 92 days. Favorable situation: supplier credit is longer than customer credit by 29 days. Inventory turnover is 43 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 76 days of revenue, i.e. 12.4 M€ to permanently finance. Notable WCR improvement over the period (-45%), freeing up cash.
12 447 682 €
63 j
92 j
43 j
76 j
Based on 125 transactions of similar company sales (all years), the value of NORDNET is estimated at 16 170 550 € (range 12 578 946€ - 19 994 105€). The price/revenue ratio is 0.28x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 125 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 NORDNET with other companies in the same sector:
Voir toutes les statistiques du secteur Télécommunications filaires
The revenue of NORDNET in 2024 is 58.8 M€.
NORDNET recorded a net loss in 2024.
The headquarters of NORDNET is located in VILLENEUVE-D'ASCQ (59650), in the department Nord.
The tax return of NORDNET 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).
NORDNET operates in the sector Télécommunications filaires (NAF code 61.10Z). See the 'Sector positioning' section above to compare the company with its competitors.