SIREN : 537611568
AF3 is a French company founded 14 years ago, specialized in the sector Fabrication de parfums et de produits pour la toilette. Based in SOULTZ-HAUT-RHIN (68360), this company of category ETI shows in 2024 a revenue of 3.3 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 3 309 851 € | 2 813 310 € | 2 158 872 € | 2 470 816 € | 2 112 389 € | 944 927 € |
| Net income | 9 870 € | 87 435 € | 231 396 € | 251 625 € | -102 999 € | -81 142 € |
| EBITDA | 129 221 € | 78 371 € | 185 498 € | 291 192 € | 26 650 € | -10 354 € |
| Net margin | 0.3% | 3.1% | 10.7% | 10.2% | -4.9% | -8.6% |
In 2024, AF3 achieves revenue of 3.3 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +28.5%. Vs 2023, growth of +18% (2.8 M€ -> 3.3 M€). After deducting consumption (1.9 M€), gross margin stands at 1.4 M€, i.e. a rate of 42%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 129 k€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 10 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.
3 309 851 €
1 383 559 €
129 221 €
51 959 €
9 870 €
3.9%
The debt ratio (= Financial debt / Equity x 100) stands at 2007%. 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 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
2006.8%
3.303%
5.339%
6.799
31.0%
In 2024, the debt ratio of AF3 (2006.80) 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.
In 2024, the financial autonomy of AF3 (3.3%) 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.
In 2024, the repayment capacity of AF3 (6.80) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 224.13. 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 6.9x. Operating income very largely covers interest expenses: high safety margin.
224.128
6.939
In 2024, the liquidity ratio of AF3 (224.13) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of AF3 (6.9x) 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: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 98 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 116 days of revenue, i.e. 1.1 M€ to permanently finance.
1 070 406 €
53 j
56 j
98 j
116 j
Based on 74 transactions of similar company sales
(all years),
the value of AF3 is estimated at
150 515 €
(range 83 889€ - 349 639€).
With an EBITDA of 129 221€, the sector multiple of 0.6x is applied.
The price/revenue ratio is 0.11x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 74 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 AF3 with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de parfums et de produits pour la toilette
The revenue of AF3 in 2024 is 3.3 M€.
Yes, AF3 generated a net profit of 10 k€ in 2024.
The headquarters of AF3 is located in SOULTZ-HAUT-RHIN (68360), in the department Haut-Rhin.
The tax return of AF3 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).
AF3 operates in the sector Fabrication de parfums et de produits pour la toilette (NAF code 20.42Z). See the 'Sector positioning' section above to compare the company with its competitors.