SIREN : 490864196
A T H is a French company founded 19 years ago, specialized in the sector Gestion de fonds. Based in CARRIERES-SUR-SEINE (78420), this company of category PME shows in 2021 a revenue of 606 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 605 691 € | 596 832 € | 607 735 € | 753 958 € | 632 770 € | 350 397 € |
| Net income | 14 478 951 € | 130 222 € | 67 675 € | 1 304 432 € | 64 260 € | 224 969 € |
| EBITDA | -510 960 € | 159 916 € | 110 040 € | 189 898 € | 96 972 € | 2 792 € |
| Net margin | 2390.5% | 21.8% | 11.1% | 173.0% | 10.2% | 64.2% |
In 2021, A T H achieves revenue of 606 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +11.6%. Vs 2020: +1%. After deducting consumption (0 €), gross margin stands at 606 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 -511 k€, representing -84.4% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -420%, reducing margin by 111.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14.5 M€, i.e. 2390.5% of revenue. This profit can be retained or distributed to shareholders.
605 691 €
605 691 €
-510 960 €
-517 944 €
14 478 951 €
-84.4%
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 95%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
0.0%
95.264%
-595.74%
0.0
52.8%
In 2021, the debt ratio of A T H (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.
In 2021, the financial autonomy of A T H (95.3%) 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.
In 2021, the repayment capacity of A T H (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1752.38. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
1752.385
-1.65
In 2021, the liquidity ratio of A T H (1752.38) 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.
In 2021, the interest coverage of A T H (-1.6x) 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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3 days. Overall, WCR represents 2265 days of revenue, i.e. 3.8 M€ to permanently finance. Over 2016-2021, WCR increased by +807%, requiring additional financing.
3 810 784 €
3 j
3 j
0 j
2265 j
Based on 76 transactions of similar company sales
in 2021,
the value of A T H is estimated at
63 444 142 €
(range 15 135 583€ - 79 843 638€).
The price/revenue ratio is 0.33x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 76 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 T H with other companies in the same sector:
The revenue of A T H in 2021 is 606 k€.
Yes, A T H generated a net profit of 14.5 M€ in 2021.
The headquarters of A T H is located in CARRIERES-SUR-SEINE (78420), in the department Yvelines.
The tax return of A T H 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 T H operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.