ADEQUAT SOLUTIONS RESSOURCES HUMAINES : revenue, balance sheet and financial ratios

ADEQUAT SOLUTIONS RESSOURCES HUMAINES is a French company founded 19 years ago, specialized in the sector Activités des agences de travail temporaire . Based in LE PORT (97420), this company of category PME shows in 2024 a revenue of 21.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ADEQUAT SOLUTIONS RESSOURCES HUMAINES (SIREN 493622492)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 21 072 244 € 22 795 812 € 22 516 591 € 18 780 690 € 15 466 284 € 17 846 259 € 16 149 934 € 11 780 171 € 10 614 197 €
Net income 247 543 € 899 334 € 717 360 € 521 556 € 586 769 € 675 770 € 889 153 € 624 405 € 632 910 €
EBITDA 732 533 € 1 112 327 € 931 165 € 650 084 € 713 922 € 716 339 € 776 995 € 392 835 € 588 541 €
Net margin 1.2% 3.9% 3.2% 2.8% 3.8% 3.8% 5.5% 5.3% 6.0%

Revenue and income statement

In 2024, ADEQUAT SOLUTIONS RESSOURCES HUMAINES achieves revenue of 21.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.0%. Slight decline of -8% vs 2023. After deducting consumption (0 €), gross margin stands at 21.1 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 733 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 248 k€, i.e. 1.2% of revenue. This profit can be retained or distributed to shareholders.

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

21 072 244 €

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

21 072 244 €

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

732 533 €

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

561 878 €

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

247 543 €

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

3.5%

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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 145%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

145.049%

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

21.823%

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

1.985%

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

5.544

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

31.3%

Solvency indicators evolution
ADEQUAT SOLUTIONS RESSOURCES HUMAINES

Sector positioning

Debt ratio
145.05 2024
2022
2023
2024
Q1: 0.0
Med: 2.73
Q3: 26.78
Watch

In 2024, the debt ratio of ADEQUAT SOLUTIONS RESSOUR... (145.05) 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
21.82% 2024
2022
2023
2024
Q1: 11.73%
Med: 25.56%
Q3: 44.76%
Average

In 2024, the financial autonomy of ADEQUAT SOLUTIONS RESSOUR... (21.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
5.54 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.27 years
Watch

In 2024, the repayment capacity of ADEQUAT SOLUTIONS RESSOUR... (5.54) 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 233.17. 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 19.4x. Operating income very largely covers interest expenses: high safety margin.

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

233.17

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

19.395

Liquidity indicators evolution
ADEQUAT SOLUTIONS RESSOURCES HUMAINES

Sector positioning

Liquidity ratio
233.17 2024
2022
2023
2024
Q1: 111.16
Med: 138.5
Q3: 192.32
Excellent

In 2024, the liquidity ratio of ADEQUAT SOLUTIONS RESSOUR... (233.17) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
19.39x 2024
2022
2023
2024
Q1: -0.69x
Med: 0.0x
Q3: 1.34x
Excellent

In 2024, the interest coverage of ADEQUAT SOLUTIONS RESSOUR... (19.4x) 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. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The gap of 32 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 37 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2024, WCR increased by +28%, requiring additional financing.

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

2 186 667 €

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

70 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

38 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

0 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

37 j

WCR and payment terms evolution
ADEQUAT SOLUTIONS RESSOURCES HUMAINES

Positioning of ADEQUAT SOLUTIONS RESSOURCES HUMAINES in its sector

Comparison with sector Activités des agences de travail temporaire

Valuation estimate

Based on 135 transactions of similar company sales (all years), the value of ADEQUAT SOLUTIONS RESSOURCES HUMAINES is estimated at 1 320 581 € (range 783 651€ - 2 857 532€). With an EBITDA of 732 533€, the sector multiple of 2.0x is applied. The price/revenue ratio is 0.08x (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.

Estimated enterprise value 2024
135 transactions
783k€ 1320k€ 2857k€
1 320 581 € Range: 783 651€ - 2 857 532€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
732 533 € × 2.0x
Estimation 1 485 403 €
711 960€ - 3 499 258€
Revenue Multiple 30%
21 072 244 € × 0.08x
Estimation 1 621 141 €
1 272 268€ - 2 898 165€
Net Income Multiple 20%
247 543 € × 1.8x
Estimation 457 688 €
229 958€ - 1 192 272€
How is this estimate calculated?

This estimate is based on the analysis of 135 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 (Activités des agences de travail temporaire )

Compare ADEQUAT SOLUTIONS RESSOURCES HUMAINES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de travail temporaire

Frequently asked questions about ADEQUAT SOLUTIONS RESSOURCES HUMAINES

What is the revenue of ADEQUAT SOLUTIONS RESSOURCES HUMAINES ?

The revenue of ADEQUAT SOLUTIONS RESSOURCES HUMAINES in 2024 is 21.1 M€.

Is ADEQUAT SOLUTIONS RESSOURCES HUMAINES profitable?

Yes, ADEQUAT SOLUTIONS RESSOURCES HUMAINES generated a net profit of 248 k€ in 2024.

Where is the headquarters of ADEQUAT SOLUTIONS RESSOURCES HUMAINES ?

The headquarters of ADEQUAT SOLUTIONS RESSOURCES HUMAINES is located in LE PORT (97420), in the department La Reunion.

Where to find the tax return of ADEQUAT SOLUTIONS RESSOURCES HUMAINES ?

The tax return of ADEQUAT SOLUTIONS RESSOURCES HUMAINES 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 ADEQUAT SOLUTIONS RESSOURCES HUMAINES operate?

ADEQUAT SOLUTIONS RESSOURCES HUMAINES operates in the sector Activités des agences de travail temporaire (NAF code 78.20Z). See the 'Sector positioning' section above to compare the company with its competitors.