SIREN : 528587595
ADF COURTAGE is a French company founded 15 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in SAINT-DENIS (93200), this company of category PME shows in 2022 a revenue of 190 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|
| Revenue | 189 508 € | 154 863 € | 55 255 € | 36 151 € |
| Net income | 2 641 € | 6 783 € | 7 965 € | -502 € |
| EBITDA | 5 871 € | 8 487 € | 9 711 € | -502 € |
| Net margin | 1.4% | 4.4% | 14.4% | -1.4% |
In 2022, ADF COURTAGE achieves revenue of 190 k€. Over the period 2018-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +51.3%. Vs 2021, growth of +22% (155 k€ -> 190 k€). After deducting consumption (0 €), gross margin stands at 190 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 6 k€, representing 3.1% of revenue. Warning negative scissor effect: despite revenue change (+22%), EBITDA varies by -31%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.
189 508 €
189 508 €
5 871 €
3 649 €
2 641 €
3.1%
The debt ratio (= Financial debt / Equity x 100) stands at 147%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 20%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
146.855%
19.598%
1.59%
3.485
100.0%
In 2022, the debt ratio of ADF COURTAGE (146.85) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of ADF COURTAGE (19.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of ADF COURTAGE (3.48) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 111.25. 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 9.2x. Operating income very largely covers interest expenses: high safety margin.
111.247
9.232
In 2022, the liquidity ratio of ADF COURTAGE (111.25) 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.
In 2022, the interest coverage of ADF COURTAGE (9.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 326 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 200 days. The gap of 126 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 39 days of revenue, i.e. 21 k€ to permanently finance. Over 2018-2022, WCR increased by +1959%, requiring additional financing.
20 636 €
326 j
200 j
0 j
39 j
Based on 193 transactions of similar company sales (all years), the value of ADF COURTAGE is estimated at 60 470 € (range 16 996€ - 126 871€). With an EBITDA of 5 871€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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 193 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 ADF COURTAGE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of ADF COURTAGE in 2022 is 190 k€.
Yes, ADF COURTAGE generated a net profit of 3 k€ in 2022.
The headquarters of ADF COURTAGE is located in SAINT-DENIS (93200), in the department Seine-Saint-Denis.
The tax return of ADF COURTAGE 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).
ADF COURTAGE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.