Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2017-03-29 (9 years)Status: ActiveBusiness sector: Activités des sièges sociauxLocation: AVRILLE (49240), Maine-et-Loire
PULSAR INVEST : revenue, balance sheet and financial ratios
PULSAR INVEST is a French company
founded 9 years ago,
specialized in the sector Activités des sièges sociaux.
Based in AVRILLE (49240),
this company of category PME
shows in 2024 a revenue of 310 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - PULSAR INVEST (SIREN 828716803)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
Revenue
310 000 €
269 000 €
269 000 €
360 000 €
360 000 €
222 000 €
186 000 €
124 000 €
Net income
3 484 €
-6 353 €
6 323 €
78 387 €
87 738 €
14 165 €
10 136 €
10 637 €
EBITDA
37 296 €
4 796 €
8 740 €
107 955 €
122 975 €
21 131 €
17 129 €
13 730 €
Net margin
1.1%
-2.4%
2.4%
21.8%
24.4%
6.4%
5.4%
8.6%
Revenue and income statement
In 2024, PULSAR INVEST achieves revenue of 310 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.0%. Vs 2023, growth of +15% (269 k€ -> 310 k€). After deducting consumption (0 €), gross margin stands at 310 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 37 k€, representing 12.0% of revenue. Positive scissor effect: EBITDA margin improves by +10.2 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
310 000 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
310 000 €
EBITDA (2024)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
37 296 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
37 296 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
3 484 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
12.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 133%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 144.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
132.947%
Financial autonomy (2024)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
35.7%
Cash flow / Revenue (2024)
?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
1.124%
Repayment capacity (2024)
?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
144.871
Solvency indicators evolution PULSAR INVEST
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
143.17
116.456
102.615
65.146
32.345
18.452
132.706
132.947
Financial autonomy
36.707
42.564
44.778
49.585
67.156
57.192
34.239
35.7
Repayment capacity
25.958
16.748
11.586
1.856
1.345
9.7
-78.576
144.871
Cash flow / Revenue
6.033%
5.449%
6.381%
24.151%
21.774%
2.351%
-2.362%
1.124%
Sector positioning
Debt ratio
132.952024
2022
2023
2024
Q1: 0.06
Med: 14.64
Q3: 89.5
Average+31 pts over 3 years
In 2024, the debt ratio of PULSAR INVEST (132.95) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
35.7%2024
2022
2023
2024
Q1: 11.6%
Med: 51.97%
Q3: 85.23%
Average-14 pts over 3 years
In 2024, the financial autonomy of PULSAR INVEST (35.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
144.87 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.21 years
Q3: 3.74 years
Average
In 2024, the repayment capacity of PULSAR INVEST (144.87) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 91.85. 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 82.2x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
91.851
Interest coverage (2024)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
82.21
Liquidity indicators evolution PULSAR INVEST
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
175.165
157.646
172.647
116.678
169.609
99.311
114.069
91.851
Interest coverage
24.501
23.825
15.749
3.368
2.217
15.618
216.034
82.21
Sector positioning
Liquidity ratio
91.852024
2022
2023
2024
Q1: 116.82
Med: 458.52
Q3: 2178.3
Average
In 2024, the liquidity ratio of PULSAR INVEST (91.85) 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.
Interest coverage
82.21x2024
2022
2023
2024
Q1: -45.38x
Med: 0.0x
Q3: 2.89x
Excellent
In 2024, the interest coverage of PULSAR INVEST (82.2x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 121 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 550 days. Excellent situation: suppliers finance 429 days of the operating cycle (retail model). Overall, WCR represents 66 days of revenue, i.e. 57 k€ to permanently finance. Over 2017-2024, WCR increased by +2847%, requiring additional financing.
Operating WCR (2024)
?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
56 975 €
Customer credit (2024)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
121 j
Supplier credit (2024)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
550 j
Inventory turnover (2024)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR in days of revenue (2024)
?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
66 j
WCR and payment terms evolution PULSAR INVEST
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
1 933 €
19 353 €
36 643 €
-8 381 €
51 106 €
35 831 €
91 194 €
56 975 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
Customer payment term (days)
45
30
49
33
63
145
230
121
Supplier payment term (days)
120
155
216
222
216
332
519
550
Positioning of PULSAR INVEST in its sector
Comparison with sector Activités des sièges sociaux
Valuation estimate
Based on 103 transactions of similar company sales
in 2024,
the value of PULSAR INVEST is estimated at
135 567 €
(range 35 164€ - 243 980€).
With an EBITDA of 37 296€, the sector multiple of 5.0x is applied.
The price/revenue ratio is 0.38x
(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.
Estimated enterprise value2024
103 transactions
35k€135k€243k€
135 567 €Range: 35 164€ - 243 980€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
37 296 €×5.0x
Estimation187 648 €
32 302€ - 310 427€
Revenue Multiple30%
310 000 €×0.38x
Estimation117 062 €
55 795€ - 236 424€
Net Income Multiple20%
3 484 €×9.5x
Estimation33 126 €
11 374€ - 89 197€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
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.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Activités des sièges sociaux)
Compare PULSAR INVEST with other companies in the same sector:
Yes, PULSAR INVEST generated a net profit of 3 k€ in 2024.
Where is the headquarters of PULSAR INVEST ?
The headquarters of PULSAR INVEST is located in AVRILLE (49240), in the department Maine-et-Loire.
Where to find the tax return of PULSAR INVEST ?
The tax return of PULSAR INVEST 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).
In which sector does PULSAR INVEST operate?
PULSAR INVEST 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.
Item evolution
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