AFFUTAGE GARONNAIS : revenue, balance sheet and financial ratios

AFFUTAGE GARONNAIS is a French company founded 15 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in PORTET-SUR-GARONNE (31120), this company of category PME shows in 2021 a revenue of 454 k€. 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 - AFFUTAGE GARONNAIS (SIREN 529985632)
Indicator 2021 2020 2019 2017 2016
Revenue 453 882 € 401 433 € 418 650 € 409 355 € 398 639 €
Net income 30 521 € 20 402 € 22 571 € 26 203 € 35 386 €
EBITDA 62 292 € 50 711 € 46 805 € 48 158 € 54 771 €
Net margin 6.7% 5.1% 5.4% 6.4% 8.9%

Revenue and income statement

In 2021, AFFUTAGE GARONNAIS achieves revenue of 454 k€. Revenue is growing positively over 5 years (CAGR: +2.6%). Vs 2020, growth of +13% (401 k€ -> 454 k€). After deducting consumption (88 k€), gross margin stands at 366 k€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 62 k€, representing 13.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 31 k€, i.e. 6.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

453 882 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

366 158 €

EBITDA (2021) ?
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

62 292 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

31 850 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

30 521 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

13.7%

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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 23%. 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 71%. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

22.905%

Financial autonomy (2021) ?
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

70.705%

Cash flow / Revenue (2021) ?
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

13.215%

Repayment capacity (2021) ?
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

1.256

Asset age ratio (2021) ?
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

45.1%

Solvency indicators evolution
AFFUTAGE GARONNAIS

Sector positioning

Debt ratio
22.91 2021
2019
2020
2021
Q1: 2.76
Med: 22.87
Q3: 71.74
Good -8 pts over 3 years

In 2021, the debt ratio of AFFUTAGE GARONNAIS (22.91) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
70.7% 2021
2019
2020
2021
Q1: 20.87%
Med: 41.21%
Q3: 59.52%
Excellent

In 2021, the financial autonomy of AFFUTAGE GARONNAIS (70.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.26 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.36 years
Q3: 2.17 years
Average -13 pts over 3 years

In 2021, the repayment capacity of AFFUTAGE GARONNAIS (1.26) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 380.41. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

380.413

Interest coverage (2021) ?
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

0.928

Liquidity indicators evolution
AFFUTAGE GARONNAIS

Sector positioning

Liquidity ratio
380.41 2021
2019
2020
2021
Q1: 165.31
Med: 233.11
Q3: 340.96
Excellent

In 2021, the liquidity ratio of AFFUTAGE GARONNAIS (380.41) 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
0.93x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.32x
Q3: 2.32x
Good

In 2021, the interest coverage of AFFUTAGE GARONNAIS (0.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 66 days of revenue, i.e. 83 k€ to permanently finance. Over 2016-2021, WCR increased by +53%, requiring additional financing.

Operating WCR (2021) ?
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

83 133 €

Customer credit (2021) ?
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

52 j

Supplier credit (2021) ?
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

54 j

Inventory turnover (2021) ?
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

24 j

WCR in days of revenue (2021) ?
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

66 j

WCR and payment terms evolution
AFFUTAGE GARONNAIS

Positioning of AFFUTAGE GARONNAIS in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of AFFUTAGE GARONNAIS is estimated at 76 520 € (range 46 824€ - 225 982€). With an EBITDA of 62 292€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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 2021
104 transactions
46k€ 76k€ 225k€
76 520 € Range: 46 824€ - 225 982€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
62 292 € × 1.0x
Estimation 64 054 €
44 214€ - 209 550€
Revenue Multiple 30%
453 882 € × 0.27x
Estimation 122 051 €
65 083€ - 309 979€
Net Income Multiple 20%
30 521 € × 1.3x
Estimation 39 389 €
25 961€ - 141 068€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare AFFUTAGE GARONNAIS with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about AFFUTAGE GARONNAIS

What is the revenue of AFFUTAGE GARONNAIS ?

The revenue of AFFUTAGE GARONNAIS in 2021 is 454 k€.

Is AFFUTAGE GARONNAIS profitable?

Yes, AFFUTAGE GARONNAIS generated a net profit of 31 k€ in 2021.

Where is the headquarters of AFFUTAGE GARONNAIS ?

The headquarters of AFFUTAGE GARONNAIS is located in PORTET-SUR-GARONNE (31120), in the department Haute-Garonne.

Where to find the tax return of AFFUTAGE GARONNAIS ?

The tax return of AFFUTAGE GARONNAIS 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 AFFUTAGE GARONNAIS operate?

AFFUTAGE GARONNAIS operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.