Employees: NN (None)Legal category: 5202Size: ETICreation date: 2019-12-04 (6 years)Status: ActiveBusiness sector: Promotion immobilière d'autres bâtimentsLocation: PARIS (75016), Paris
SNC EMERIGE COMMERCES 2 is a French company
founded 6 years ago,
specialized in the sector Promotion immobilière d'autres bâtiments.
Based in PARIS (75016),
this company of category ETI
shows in 2024 a revenue of 434 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SNC EMERIGE COMMERCES 2 (SIREN 879776151)
Indicator
2024
2023
2022
2021
2020
Revenue
434 465 €
6 652 300 €
1 047 009 €
495 163 €
524 933 €
Net income
-363 657 €
-134 455 €
-189 462 €
-110 469 €
-55 304 €
EBITDA
88 701 €
622 793 €
204 393 €
243 088 €
322 481 €
Net margin
-83.7%
-2.0%
-18.1%
-22.3%
-10.5%
Revenue and income statement
In 2024, SNC EMERIGE COMMERCES 2 achieves revenue of 434 k€. Activity remains stable over the period (CAGR: -4.6%). Significant drop of -93% vs 2023. After deducting consumption (0 €), gross margin stands at 434 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 89 k€, representing 20.4% of revenue. Positive scissor effect: EBITDA margin improves by +11.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -364 k€ (-83.7% of revenue), which will impact equity.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
434 465 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
434 465 €
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
88 701 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
88 698 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-363 657 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
20.4%
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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
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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
%
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Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at -2396%. 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 -4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
-2396.29%
Financial autonomy (2024)
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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
-4.193%
Cash flow / Revenue (2024)
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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
-83.702%
Repayment capacity (2024)
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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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
2024
Debt ratio
-25387.356
-12787.923
-7328.672
-6237.338
-2396.29
Financial autonomy
-0.392
-0.78
-1.332
-1.581
-4.193
Repayment capacity
-249.283
-126.722
-72.9
-60.234
-23.897
Cash flow / Revenue
-10.535%
-22.31%
-18.096%
-2.077%
-83.702%
Sector positioning
Debt ratio
-2396.292024
2022
2023
2024
Q1: -0.39
Med: 1.1
Q3: 136.85
Excellent
In 2024, the debt ratio of SNC EMERIGE COMMERCES 2 (-2396.29) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
-4.19%2024
2022
2023
2024
Q1: -0.14%
Med: 9.3%
Q3: 49.18%
Average
In 2024, the financial autonomy of SNC EMERIGE COMMERCES 2 (-4.2%) 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
-23.9 years2024
2022
2023
2024
Q1: -8.35 years
Med: 0.0 years
Q3: 0.84 years
Excellent
In 2024, the repayment capacity of SNC EMERIGE COMMERCES 2 (-23.90) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 2697.42. 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 510.0x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
2697.423
Interest coverage (2024)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2021
2022
2023
2024
Liquidity ratio
10592.173
9343.079
2697.626
3373.215
2697.423
Interest coverage
110.072
146.083
192.714
109.218
509.977
Sector positioning
Liquidity ratio
2697.422024
2022
2023
2024
Q1: 124.75
Med: 280.5
Q3: 1000.73
Excellent
In 2024, the liquidity ratio of SNC EMERIGE COMMERCES 2 (2697.42) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
509.98x2024
2022
2023
2024
Q1: -9.86x
Med: 0.0x
Q3: 5.47x
Excellent
In 2024, the interest coverage of SNC EMERIGE COMMERCES 2 (510.0x) 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: 85 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 279 days. Excellent situation: suppliers finance 194 days of the operating cycle (retail model). Inventory turnover is 6558 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 7082 days of revenue, i.e. 8.5 M€ to permanently finance. Notable WCR improvement over the period (-38%), freeing up cash.
Operating WCR (2024)
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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
8 546 795 €
Customer credit (2024)
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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
85 j
Supplier credit (2024)
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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
279 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
6558 j
WCR in days of revenue (2024)
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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
7082 j
WCR and payment terms evolution SNC EMERIGE COMMERCES 2
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
2024
Operating WCR
13 791 244 €
13 811 646 €
13 792 941 €
8 412 565 €
8 546 795 €
Inventory turnover (days)
9411
9993
4648
428
6558
Customer payment term (days)
21
24
23
6
85
Supplier payment term (days)
2
132
256
176
279
Positioning of SNC EMERIGE COMMERCES 2 in its sector
Comparison with sector Promotion immobilière d'autres bâtiments
Valuation estimate
Based on 80 transactions of similar company sales
(all years),
the value of SNC EMERIGE COMMERCES 2 is estimated at
101 204 €
(range 39 360€ - 281 280€).
With an EBITDA of 88 701€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
80 tx
39k€101k€281k€
101 204 €Range: 39 360€ - 281 280€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
88 701 €×1.0x
Estimation89 000 €
36 752€ - 270 687€
Revenue Multiple30%
434 465 €×0.28x
Estimation121 546 €
43 707€ - 298 936€
How is this estimate calculated?
This estimate is based on the analysis of 80 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 (Promotion immobilière d'autres bâtiments)
Compare SNC EMERIGE COMMERCES 2 with other companies in the same sector:
Frequently asked questions about SNC EMERIGE COMMERCES 2
What is the revenue of SNC EMERIGE COMMERCES 2 ?
The revenue of SNC EMERIGE COMMERCES 2 in 2024 is 434 k€.
Is SNC EMERIGE COMMERCES 2 profitable?
SNC EMERIGE COMMERCES 2 recorded a net loss in 2024.
Where is the headquarters of SNC EMERIGE COMMERCES 2 ?
The headquarters of SNC EMERIGE COMMERCES 2 is located in PARIS (75016), in the department Paris.
Where to find the tax return of SNC EMERIGE COMMERCES 2 ?
The tax return of SNC EMERIGE COMMERCES 2 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 SNC EMERIGE COMMERCES 2 operate?
SNC EMERIGE COMMERCES 2 operates in the sector Promotion immobilière d'autres bâtiments (NAF code 41.10C). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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