Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1981-01-01 (45 years)Status: ActiveBusiness sector: Travaux d'installation d'eau et de gaz en tous locauxLocation: NICE (06300), Alpes-Maritimes
ACSE : revenue, balance sheet and financial ratios
ACSE is a French company
founded 45 years ago,
specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux.
Based in NICE (06300),
this company of category PME
shows in 2022 a revenue of 1.5 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ACSE generates positive net income of 48 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 109 k€ -> 48 k€.
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
47 977 €
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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
Show :
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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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 29%. 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 60%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
28.722%
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
59.845%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2024
Debt ratio
0.489
53.731
53.11
87.095
61.385
79.867
28.722
Financial autonomy
46.407
49.15
50.808
42.002
44.68
38.896
59.845
Repayment capacity
0.019
12.365
44.62
6.306
4.391
11.66
None
Cash flow / Revenue
7.704%
1.172%
0.329%
4.675%
3.882%
1.475%
None%
Sector positioning
Debt ratio
28.722024
2021
2022
2024
Q1: 1.98
Med: 14.74
Q3: 43.33
Average-8 pts over 3 years
In 2024, the debt ratio of ACSE (28.72) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
59.84%2024
2021
2022
2024
Q1: 11.67%
Med: 37.82%
Q3: 58.38%
Excellent+11 pts over 3 years
In 2024, the financial autonomy of ACSE (59.8%) 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
11.66 years2022
2021
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 1.44 years
Watch
In 2022, the repayment capacity of ACSE (11.66) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 331.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
331.974
Liquidity indicators evolution ACSE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2024
Liquidity ratio
165.032
348.516
343.737
408.56
307.632
280.951
331.974
Interest coverage
0.701
12.069
14.248
4.554
2.852
6.737
None
Sector positioning
Liquidity ratio
331.972024
2021
2022
2024
Q1: 156.36
Med: 226.44
Q3: 343.82
Good
In 2024, the liquidity ratio of ACSE (331.97) 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
6.74x2022
2021
2022
Q1: 0.0x
Med: 0.06x
Q3: 1.79x
Excellent
In 2022, the interest coverage of ACSE (6.7x) 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.
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
0 €
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
0 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
0 j
Inventory turnover (2024)
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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 and payment terms evolution ACSE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2024
Operating WCR
238 056 €
346 423 €
320 652 €
333 914 €
316 056 €
338 615 €
0 €
Inventory turnover (days)
24
35
53
38
41
22
0
Customer payment term (days)
103
69
63
78
68
66
0
Supplier payment term (days)
52
22
20
39
30
52
0
Positioning of ACSE in its sector
Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions).
This range of 25 227€ to 221 324€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
25k€82k€221k€
82 977 €Range: 25 227€ - 221 324€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 28 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 (Travaux d'installation d'eau et de gaz en tous locaux)
Compare ACSE with other companies in the same sector:
Yes, ACSE generated a net profit of 48 k€ in 2024.
Where is the headquarters of ACSE ?
The headquarters of ACSE is located in NICE (06300), in the department Alpes-Maritimes.
Where to find the tax return of ACSE ?
The tax return of ACSE 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 ACSE operate?
ACSE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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