SIREN : 407636927
A 12 is a French company founded 29 years ago, specialized in the sector Commerces de détail d'optique. Based in PARIS (75011), this company of category PME shows in 2021 a revenue of 91 k€. 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 | 2021 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 90 713 € | 1 050 999 € | 821 751 € | 959 211 € |
| Net income | 41 289 € | 43 620 € | 5 342 € | 13 621 € |
| EBITDA | 44 174 € | 33 913 € | 5 793 € | 31 704 € |
| Net margin | 45.5% | 4.2% | 0.7% | 1.4% |
In 2021, A 12 achieves revenue of 91 k€. Revenue is declining over the period 2016-2021 (CAGR: -37.6%). Significant drop of -91% vs 2018. After deducting consumption (71 k€), gross margin stands at 20 k€, i.e. a rate of 22%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 44 k€, representing 48.7% of revenue. Positive scissor effect: EBITDA margin improves by +45.5 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 41 k€, i.e. 45.5% of revenue. This profit can be retained or distributed to shareholders.
90 713 €
19 874 €
44 174 €
40 448 €
41 289 €
33.2%
The debt ratio (= Financial debt / Equity x 100) stands at 17%. 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 52%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 33.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
16.872%
52.317%
33.19%
0.097
In 2021, the debt ratio of A 12 (16.87) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of A 12 (52.3%) 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 2021, the repayment capacity of A 12 (0.10) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 205.44. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
205.435
0.462
In 2021, the liquidity ratio of A 12 (205.44) 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 2021, the interest coverage of A 12 (0.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 109 days. Excellent situation: suppliers finance 86 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 113 days of revenue, i.e. 28 k€ to permanently finance. Notable WCR improvement over the period (-80%), freeing up cash.
28 493 €
23 j
109 j
3 j
113 j
Based on 105 transactions of similar company sales in 2021, the value of A 12 is estimated at 110 943 € (range 60 380€ - 279 433€). With an EBITDA of 44 174€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.50x (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 105 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 A 12 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerces de détail d'optique
The revenue of A 12 in 2021 is 91 k€.
Yes, A 12 generated a net profit of 41 k€ in 2021.
The headquarters of A 12 is located in PARIS (75011), in the department Paris.
The tax return of A 12 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).
A 12 operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.