SIREN : 804555779
PULSE ORIGIN is a French company founded 11 years ago, specialized in the sector Programmation informatique. Based in GRENOBLE (38000), this company of category PME shows in 2021 a revenue of 271 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 271 040 € | 366 597 € | 643 253 € | 254 592 € | 71 968 € | 20 230 € |
| Net income | -287 971 € | -173 576 € | -8 969 € | -225 413 € | -156 490 € | -230 947 € |
| EBITDA | -216 542 € | -112 786 € | 61 302 € | -131 100 € | -71 604 € | -169 303 € |
| Net margin | -106.2% | -47.3% | -1.4% | -88.5% | -217.4% | -1141.6% |
In 2021, PULSE ORIGIN achieves revenue of 271 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +68.0%. Significant drop of -26% vs 2020. After deducting consumption (124 k€), gross margin stands at 147 k€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -217 k€, representing -79.9% of revenue. Warning negative scissor effect: despite revenue change (-26%), EBITDA varies by -92%, reducing margin by 49.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -288 k€ (-106.2% of revenue), which will impact equity.
271 040 €
146 852 €
-216 542 €
-384 177 €
-287 971 €
-79.9%
The debt ratio (= Financial debt / Equity x 100) stands at 72%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
71.801%
48.164%
-44.727%
-4.258
71.7%
In 2021, the debt ratio of PULSE ORIGIN (71.80) 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 PULSE ORIGIN (48.2%) 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 PULSE ORIGIN (-4.26) 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 304.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
304.915
-13.755
In 2021, the liquidity ratio of PULSE ORIGIN (304.92) 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 2021, the interest coverage of PULSE ORIGIN (-13.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 104 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 149 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 402 days of revenue, i.e. 303 k€ to permanently finance. Over 2016-2021, WCR increased by +564%, requiring additional financing.
302 998 €
104 j
77 j
149 j
402 j
Indicative estimate only : the number of comparable transactions in this sector is limited (20 transactions). This range of 69 081€ to 150 999€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 20 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 PULSE ORIGIN with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of PULSE ORIGIN in 2021 is 271 k€.
PULSE ORIGIN recorded a net loss in 2021.
The headquarters of PULSE ORIGIN is located in GRENOBLE (38000), in the department Isere.
The tax return of PULSE ORIGIN 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).
PULSE ORIGIN operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.