SIREN : 821340007
AF ETANCHEITE SERVICES is a French company founded 9 years ago, specialized in the sector Travaux d'étanchéification. Based in LA MOTTE-SERVOLEX (73290), this company of category PME shows in 2023 a revenue of 74 k€. 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
| Indicator | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 73 829 € | 54 681 € | 64 965 € |
| Net income | 15 509 € | -5 608 € | 28 780 € |
| EBITDA | 12 847 € | -56 € | 32 461 € |
| Net margin | 21.0% | -10.3% | 44.3% |
In 2023, AF ETANCHEITE SERVICES achieves revenue of 74 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.6%. Vs 2022, growth of +35% (55 k€ -> 74 k€). After deducting consumption (26 k€), gross margin stands at 48 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 17.4% of revenue. Positive scissor effect: EBITDA margin improves by +17.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 16 k€, i.e. 21.0% of revenue. This profit can be retained or distributed to shareholders.
73 829 €
48 031 €
12 847 €
18 253 €
15 509 €
17.4%
The debt ratio (= Financial debt / Equity x 100) stands at 20%. 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 44%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
19.96%
44.314%
13.679%
1.0
In 2023, the debt ratio of AF ETANCHEITE SERVICES (19.96) 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 2023, the financial autonomy of AF ETANCHEITE SERVICES (44.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2023, the repayment capacity of AF ETANCHEITE SERVICES (1.00) 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 213.48. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
213.481
0.724
In 2023, the liquidity ratio of AF ETANCHEITE SERVICES (213.48) 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 2023, the interest coverage of AF ETANCHEITE SERVICES (0.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 148 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 140 days. The company must finance 8 days of gap between collections and payments. Overall, WCR represents 420 days of revenue, i.e. 86 k€ to permanently finance. Over 2021-2023, WCR increased by +53%, requiring additional financing.
86 162 €
148 j
140 j
0 j
420 j
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 4 613€ to 32 708€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 37 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 AF ETANCHEITE SERVICES with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of AF ETANCHEITE SERVICES in 2023 is 74 k€.
Yes, AF ETANCHEITE SERVICES generated a net profit of 16 k€ in 2023.
The headquarters of AF ETANCHEITE SERVICES is located in LA MOTTE-SERVOLEX (73290), in the department Savoie.
The tax return of AF ETANCHEITE SERVICES 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).
AF ETANCHEITE SERVICES operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.