SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES : revenue, balance sheet and financial ratios

SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES is a French company founded 27 years ago, specialized in the sector Promotion immobilière de logements. Based in MARSEILLE (13016), this company of category PME shows in 2023 a revenue of 6.5 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

Financial history - SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES (SIREN 420329591)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 544 960 € 103 650 € 128 620 € 267 123 € 404 154 € 635 348 € 180 000 € 365 497 €
Net income 54 514 € 59 841 € 28 811 € 31 952 € 30 204 € 20 695 € 2 986 € 2 704 €
EBITDA 167 159 € -474 729 € -310 284 € -185 412 € -68 768 € 19 815 € -438 008 € -288 993 €
Net margin 0.8% 57.7% 22.4% 12.0% 7.5% 3.3% 1.7% 0.7%

Revenue and income statement

In 2023, SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES achieves revenue of 6.5 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +51.0%. Vs 2022, growth of +6214% (104 k€ -> 6.5 M€). After deducting consumption (160 k€), gross margin stands at 6.4 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 167 k€, representing 2.6% of revenue. Positive scissor effect: EBITDA margin improves by +460.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 55 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 544 960 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 384 563 €

EBITDA (2023) ?
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

167 159 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

10 365 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

54 514 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.6%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.004%

Financial autonomy (2023) ?
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

75.867%

Cash flow / Revenue (2023) ?
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

3.279%

Repayment capacity (2023) ?
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

0.0

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

89.2%

Solvency indicators evolution
SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 0.0
Med: 5.81
Q3: 124.18
Excellent

In 2023, the debt ratio of SOCIETE D'ETUDES D'AMENAG... (0.00) 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
75.87% 2023
2021
2022
2023
Q1: 0.0%
Med: 14.0%
Q3: 54.07%
Excellent

In 2023, the financial autonomy of SOCIETE D'ETUDES D'AMENAG... (75.9%) 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.

Repayment capacity
0.0 years 2023
2021
2022
2023
Q1: -4.46 years
Med: 0.0 years
Q3: 1.58 years
Good

In 2023, the repayment capacity of SOCIETE D'ETUDES D'AMENAG... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 496.12. 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 16.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

496.117

Interest coverage (2023) ?
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

16.083

Liquidity indicators evolution
SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES

Sector positioning

Liquidity ratio
496.12 2023
2021
2022
2023
Q1: 141.01
Med: 351.89
Q3: 1123.94
Good -20 pts over 3 years

In 2023, the liquidity ratio of SOCIETE D'ETUDES D'AMENAG... (496.12) 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.

Interest coverage
16.08x 2023
2021
2022
2023
Q1: -7.83x
Med: 0.0x
Q3: 3.21x
Excellent +50 pts over 3 years

In 2023, the interest coverage of SOCIETE D'ETUDES D'AMENAG... (16.1x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Overall, WCR represents 31 days of revenue, i.e. 571 k€ to permanently finance. Notable WCR improvement over the period (-28%), freeing up cash.

Operating WCR (2023) ?
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

571 048 €

Customer credit (2023) ?
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

0 j

Supplier credit (2023) ?
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

20 j

Inventory turnover (2023) ?
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 (2023) ?
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

31 j

WCR and payment terms evolution
SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES

Positioning of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES in its sector

Comparison with sector Promotion immobilière de logements

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES is estimated at 658 774 € (range 240 109€ - 1 676 498€). With an EBITDA of 167 159€, 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 value 2023
80 tx
240k€ 658k€ 1676k€
658 774 € Range: 240 109€ - 1 676 498€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
167 159 € × 1.0x
Estimation 167 722 €
69 261€ - 510 116€
Revenue Multiple 30%
6 544 960 € × 0.28x
Estimation 1 831 026 €
658 417€ - 4 503 302€
Net Income Multiple 20%
54 514 € × 2.3x
Estimation 128 026 €
39 770€ - 352 251€
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 de logements)

Compare SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES

What is the revenue of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES ?

The revenue of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES in 2023 is 6.5 M€.

Is SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES profitable?

Yes, SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES generated a net profit of 55 k€ in 2023.

Where is the headquarters of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES ?

The headquarters of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES is located in MARSEILLE (13016), in the department Bouches-du-Rhone.

Where to find the tax return of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES ?

The tax return of SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES 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 SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES operate?

SOCIETE D'ETUDES D'AMENAGEMENT ET REALISATIONS IMMOBILIERES operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.