SIREN : 382347045
SOFREM is a French company founded 34 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in SAINT-DENIS (97490), this company of category PME shows in 2024 a revenue of 1.6 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 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 628 144 € | 1 398 446 € | 1 160 073 € | 771 006 € | 711 192 € | 694 710 € | 869 804 € | 867 002 € | 866 872 € | 855 051 € |
| Net income | 143 462 € | 254 634 € | 1 452 505 € | 268 544 € | 443 787 € | 469 067 € | 275 653 € | 641 143 € | 52 576 € | 171 290 € |
| EBITDA | 954 048 € | 772 188 € | 436 027 € | 239 780 € | 239 292 € | 186 855 € | 234 941 € | 313 450 € | 285 465 € | 328 149 € |
| Net margin | 8.8% | 18.2% | 125.2% | 34.8% | 62.4% | 67.5% | 31.7% | 73.9% | 6.1% | 20.0% |
In 2024, SOFREM achieves revenue of 1.6 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2023, growth of +16% (1.4 M€ -> 1.6 M€). After deducting consumption (0 €), gross margin stands at 1.6 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 954 k€, representing 58.6% of revenue. Positive scissor effect: EBITDA margin improves by +3.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 143 k€, i.e. 8.8% of revenue. This profit can be retained or distributed to shareholders.
1 628 144 €
1 628 144 €
954 048 €
300 283 €
143 462 €
58.6%
The debt ratio (= Financial debt / Equity x 100) stands at 39%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 59%. 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 7.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 48.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
38.95%
59.106%
48.721%
7.218
65.6%
In 2024, the debt ratio of SOFREM (38.95) 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 SOFREM (59.1%) 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 2024, the repayment capacity of SOFREM (7.22) 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 154.62. 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 13.9x. Operating income very largely covers interest expenses: high safety margin.
154.615
13.945
In 2024, the liquidity ratio of SOFREM (154.62) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of SOFREM (13.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 506 days. Excellent situation: suppliers finance 442 days of the operating cycle (retail model). Overall, WCR represents 628 days of revenue, i.e. 2.8 M€ to permanently finance. Over 2015-2024, WCR increased by +276%, requiring additional financing.
2 840 216 €
64 j
506 j
0 j
628 j
Based on 169 transactions of similar company sales in 2024, the value of SOFREM is estimated at 3 260 763 € (range 916 441€ - 5 857 290€). With an EBITDA of 954 048€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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 169 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 SOFREM with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of SOFREM in 2024 is 1.6 M€.
Yes, SOFREM generated a net profit of 143 k€ in 2024.
The headquarters of SOFREM is located in SAINT-DENIS (97490), in the department La Reunion.
The tax return of SOFREM 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).
SOFREM operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.