SIREN : 882593379
NOREE VR is a French company founded 6 years ago, specialized in the sector Activités des sociétés holding. Based in MONTREUIL-LE-GAST (35520), this company of category PME shows in 2024 a revenue of 162 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 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 161 500 € | 161 500 € | 135 700 € | 54 500 € | 15 016 € |
| Net income | 117 377 € | 105 767 € | 45 288 € | 47 561 € | 18 058 € |
| EBITDA | 47 886 € | 63 854 € | 49 641 € | 38 277 € | 5 328 € |
| Net margin | 72.7% | 65.5% | 33.4% | 87.3% | 120.3% |
In 2024, NOREE VR achieves revenue of 162 k€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +81.1%. Slight decline of 0% vs 2023. After deducting consumption (0 €), gross margin stands at 162 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 48 k€, representing 29.7% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -25%, reducing margin by 9.9 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 117 k€, i.e. 72.7% of revenue. This profit can be retained or distributed to shareholders.
161 500 €
161 500 €
47 886 €
47 886 €
117 377 €
29.7%
The debt ratio (= Financial debt / Equity x 100) stands at 118%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 72.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
117.806%
45.657%
72.679%
3.373
In 2024, the debt ratio of NOREE VR (117.81) 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 2024, the financial autonomy of NOREE VR (45.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of NOREE VR (3.37) 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 2874.35. 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 16.1x. Operating income very largely covers interest expenses: high safety margin.
2874.347
16.124
In 2024, the liquidity ratio of NOREE VR (2874.35) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of NOREE VR (16.1x) 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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 102 days. Excellent situation: suppliers finance 81 days of the operating cycle (retail model). Overall, WCR represents 33 days of revenue, i.e. 15 k€ to permanently finance.
14 987 €
21 j
102 j
0 j
33 j
Based on 54 transactions of similar company sales
in 2024,
the value of NOREE VR is estimated at
178 583 €
(range 59 205€ - 408 768€).
With an EBITDA of 47 886€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(in line with sector norms).
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 54 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 NOREE VR with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of NOREE VR in 2024 is 162 k€.
Yes, NOREE VR generated a net profit of 117 k€ in 2024.
The headquarters of NOREE VR is located in MONTREUIL-LE-GAST (35520), in the department Ille-et-Vilaine.
The tax return of NOREE VR 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).
NOREE VR operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.