ADAPA FRANCE AVERDOINGT : revenue, balance sheet and financial ratios

ADAPA FRANCE AVERDOINGT is a French company founded 13 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in AVERDOINGT (62127), this company of category ETI shows in 2024 a revenue of 32.0 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 - ADAPA FRANCE AVERDOINGT (SIREN 752473298)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 31 966 566 € 33 980 802 € 35 867 742 € 32 133 084 € 30 867 706 € 34 349 461 € 30 699 919 € 42 666 991 € 46 539 580 €
Net income -2 158 806 € -2 852 769 € -2 360 006 € -11 209 481 € -6 519 671 € -10 267 974 € -5 041 260 € -532 811 € -336 143 €
EBITDA -2 007 318 € -1 521 859 € -1 546 995 € -3 591 407 € -3 860 875 € -5 348 770 € -5 125 071 € 1 860 632 € -155 066 €
Net margin -6.8% -8.4% -6.6% -34.9% -21.1% -29.9% -16.4% -1.2% -0.7%

Revenue and income statement

In 2024, ADAPA FRANCE AVERDOINGT achieves revenue of 32.0 M€. Activity remains stable over the period (CAGR: -4.6%). Slight decline of -6% vs 2023. After deducting consumption (17.6 M€), gross margin stands at 14.4 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.0 M€, representing -6.3% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.2 M€ (-6.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

31 966 566 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

14 371 684 €

EBITDA (2024) ?
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

-2 007 318 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-578 836 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 158 806 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-6.3%

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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 1325%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1324.929%

Financial autonomy (2024) ?
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

2.457%

Cash flow / Revenue (2024) ?
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

-12.687%

Repayment capacity (2024) ?
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

-1.489

Asset age ratio (2024) ?
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

27.0%

Solvency indicators evolution
ADAPA FRANCE AVERDOINGT

Sector positioning

Debt ratio
1324.93 2024
2022
2023
2024
Q1: 0.81
Med: 21.34
Q3: 62.69
Watch +74 pts over 3 years

In 2024, the debt ratio of ADAPA FRANCE AVERDOINGT (1324.93) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
2.46% 2024
2022
2023
2024
Q1: 34.69%
Med: 51.42%
Q3: 66.21%
Watch

In 2024, the financial autonomy of ADAPA FRANCE AVERDOINGT (2.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-1.49 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.67 years
Q3: 2.23 years
Excellent

In 2024, the repayment capacity of ADAPA FRANCE AVERDOINGT (-1.49) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 110.33. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

110.33

Interest coverage (2024) ?
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

-29.107

Liquidity indicators evolution
ADAPA FRANCE AVERDOINGT

Sector positioning

Liquidity ratio
110.33 2024
2022
2023
2024
Q1: 149.84
Med: 223.59
Q3: 339.99
Watch +6 pts over 3 years

In 2024, the liquidity ratio of ADAPA FRANCE AVERDOINGT (110.33) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-29.11x 2024
2022
2023
2024
Q1: 0.29x
Med: 3.95x
Q3: 10.02x
Average

In 2024, the interest coverage of ADAPA FRANCE AVERDOINGT (-29.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The company must finance 15 days of gap between collections and payments. Inventory turnover is 36 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 51 days of revenue, i.e. 4.6 M€ to permanently finance. Notable WCR improvement over the period (-73%), freeing up cash.

Operating WCR (2024) ?
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

4 563 227 €

Customer credit (2024) ?
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

62 j

Supplier credit (2024) ?
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

47 j

Inventory turnover (2024) ?
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

36 j

WCR in days of revenue (2024) ?
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

51 j

WCR and payment terms evolution
ADAPA FRANCE AVERDOINGT

Positioning of ADAPA FRANCE AVERDOINGT in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of ADAPA FRANCE AVERDOINGT is estimated at 6 503 503 € (range 3 108 994€ - 8 752 116€). The price/revenue ratio is 0.20x (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 2024
76 tx
3108k€ 6503k€ 8752k€
6 503 503 € Range: 3 108 994€ - 8 752 116€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
31 966 566 € × 0.20x = 6 503 503 €
Range: 3 108 994€ - 8 752 116€

Only this financial indicator is available for this company.

How is this estimate calculated?

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.

  • 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 (Fabrication d'emballages en matières plastiques)

Compare ADAPA FRANCE AVERDOINGT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about ADAPA FRANCE AVERDOINGT

What is the revenue of ADAPA FRANCE AVERDOINGT ?

The revenue of ADAPA FRANCE AVERDOINGT in 2024 is 32.0 M€.

Is ADAPA FRANCE AVERDOINGT profitable?

ADAPA FRANCE AVERDOINGT recorded a net loss in 2024.

Where is the headquarters of ADAPA FRANCE AVERDOINGT ?

The headquarters of ADAPA FRANCE AVERDOINGT is located in AVERDOINGT (62127), in the department Pas-de-Calais.

Where to find the tax return of ADAPA FRANCE AVERDOINGT ?

The tax return of ADAPA FRANCE AVERDOINGT 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 ADAPA FRANCE AVERDOINGT operate?

ADAPA FRANCE AVERDOINGT operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.