SIREN : 414146100
SAFECO is a French company founded 28 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de textiles. Based in MARSEILLE (13001), this company of category PME shows in 2024 a revenue of 12.5 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 | 12 528 723 € | 12 400 158 € | 13 433 798 € | 14 286 904 € | 14 126 731 € | 11 710 382 € | 12 015 119 € | 12 940 462 € | 12 957 233 € |
| Net income | 194 515 € | 214 878 € | 598 520 € | 656 756 € | 659 323 € | 321 583 € | 370 569 € | 407 384 € | 306 197 € |
| EBITDA | 430 730 € | 188 243 € | 803 533 € | 1 059 305 € | 783 754 € | 239 710 € | 366 532 € | 631 387 € | 575 771 € |
| Net margin | 1.6% | 1.7% | 4.5% | 4.6% | 4.7% | 2.7% | 3.1% | 3.1% | 2.4% |
In 2024, SAFECO achieves revenue of 12.5 M€. Activity remains stable over the period (CAGR: -0.4%). Vs 2023: +1%. After deducting consumption (7.9 M€), gross margin stands at 4.7 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 431 k€, representing 3.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 195 k€, i.e. 1.6% of revenue. This profit can be retained or distributed to shareholders.
12 528 723 €
4 657 236 €
430 730 €
311 829 €
194 515 €
3.4%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 69%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
11.008%
68.619%
2.622%
1.685
24.6%
In 2024, the debt ratio of SAFECO (11.01) 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 SAFECO (68.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of SAFECO (1.69) 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 403.79. 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 16.4x. Operating income very largely covers interest expenses: high safety margin.
403.792
16.433
In 2024, the liquidity ratio of SAFECO (403.79) 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 SAFECO (16.4x) 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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 78 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 141 days of revenue, i.e. 4.9 M€ to permanently finance. Over 2016-2024, WCR increased by +26%, requiring additional financing.
4 914 266 €
34 j
49 j
78 j
141 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 1 109 912€ to 3 999 962€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 SAFECO with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de textiles
The revenue of SAFECO in 2024 is 12.5 M€.
Yes, SAFECO generated a net profit of 195 k€ in 2024.
The headquarters of SAFECO is located in MARSEILLE (13001), in the department Bouches-du-Rhone.
The tax return of SAFECO 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).
SAFECO operates in the sector Commerce de gros (commerce interentreprises) de textiles (NAF code 46.41Z). See the 'Sector positioning' section above to compare the company with its competitors.