SIREN : 329833396
SICOVAR is a French company founded 42 years ago, specialized in the sector Construction de maisons individuelles. Based in VILLEFRANCHE-SUR-SAONE (69400), this company of category ETI shows in 2024 a revenue of 29.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29 345 939 € | 31 632 945 € | 23 486 682 € | 24 453 468 € | 30 249 091 € | 28 187 984 € | 28 597 510 € | 27 828 256 € | 25 068 370 € |
| Net income | -7 721 € | -587 667 € | 150 161 € | 216 162 € | 1 983 072 € | 1 280 597 € | 1 710 709 € | 2 802 638 € | 2 213 139 € |
| EBITDA | 662 852 € | -1 243 624 € | -1 965 031 € | -745 474 € | 147 921 € | 261 644 € | 732 309 € | 1 750 962 € | 1 803 782 € |
| Net margin | -0.0% | -1.9% | 0.6% | 0.9% | 6.6% | 4.5% | 6.0% | 10.1% | 8.8% |
In 2024, SICOVAR achieves revenue of 29.3 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Slight decline of -7% vs 2023. After deducting consumption (0 €), gross margin stands at 29.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 663 k€, representing 2.3% of revenue. Positive scissor effect: EBITDA margin improves by +6.2 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -8 k€ (-0.0% of revenue), which will impact equity.
29 345 939 €
29 345 939 €
662 852 €
597 447 €
-7 721 €
2.3%
The debt ratio (= Financial debt / Equity x 100) stands at 885%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 15.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
885.125%
1.933%
0.639%
15.592
17.8%
In 2024, the debt ratio of SICOVAR (885.12) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of SICOVAR (1.9%) 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 SICOVAR (15.59) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 97.82. 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 25.8x. Operating income very largely covers interest expenses: high safety margin.
97.819
25.831
In 2024, the liquidity ratio of SICOVAR (97.82) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of SICOVAR (25.8x) 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: 15 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 84 days. Excellent situation: suppliers finance 69 days of the operating cycle (retail model). Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 37 days of revenue, i.e. 3.0 M€ to permanently finance. Notable WCR improvement over the period (-30%), freeing up cash.
3 037 892 €
15 j
84 j
54 j
37 j
Based on 113 transactions of similar company sales (all years), the value of SICOVAR is estimated at 2 722 319 € (range 1 412 280€ - 6 838 069€). With an EBITDA of 662 852€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (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.
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This estimate is based on the analysis of 113 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 SICOVAR with other companies in the same sector:
Voir toutes les statistiques du secteur Construction de maisons individuelles
The revenue of SICOVAR in 2024 is 29.3 M€.
SICOVAR recorded a net loss in 2024.
The headquarters of SICOVAR is located in VILLEFRANCHE-SUR-SAONE (69400), in the department Rhone.
The tax return of SICOVAR 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).
SICOVAR operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.