A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS : revenue, balance sheet and financial ratios

A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS is a French company founded 19 years ago, specialized in the sector Promotion immobilière de logements. Based in SAINT-VINCENT-DE-MERCUZE (38660), this company of category PME shows in 2020 a revenue of 759 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 - A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS (SIREN 490841723)
Indicator 2020 2019
Revenue 758 885 € 739 613 €
Net income 135 465 € 116 592 €
EBITDA 173 458 € 115 385 €
Net margin 17.9% 15.8%

Revenue and income statement

In 2020, A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS achieves revenue of 759 k€. Vs 2019: +3%. After deducting consumption (0 €), gross margin stands at 759 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 173 k€, representing 22.9% of revenue. Positive scissor effect: EBITDA margin improves by +7.3 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 135 k€, i.e. 17.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

758 885 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

758 885 €

EBITDA (2020) ?
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

173 458 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

177 736 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

135 465 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

22.9%

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Chart evolution

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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 112%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. 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 3.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 17.3% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

111.891%

Financial autonomy (2020) ?
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

42.1%

Cash flow / Revenue (2020) ?
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

17.289%

Repayment capacity (2020) ?
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

2.978

Solvency indicators evolution
A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS

Sector positioning

Debt ratio
111.89 2020
2019
2020
Q1: 0.0
Med: 7.66
Q3: 152.99
Average -7 pts over 2 years

In 2020, the debt ratio of A.F.P. - AMENAGEMENT FONC... (111.89) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
42.1% 2020
2019
2020
Q1: 0.1%
Med: 18.84%
Q3: 59.84%
Good +11 pts over 2 years

In 2020, the financial autonomy of A.F.P. - AMENAGEMENT FONC... (42.1%) 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.

Repayment capacity
2.98 years 2020
2019
2020
Q1: -3.26 years
Med: 0.0 years
Q3: 2.39 years
Average

In 2020, the repayment capacity of A.F.P. - AMENAGEMENT FONC... (2.98) 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 924.03. 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 2.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2020) ?
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

924.027

Interest coverage (2020) ?
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

2.659

Liquidity indicators evolution
A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS

Sector positioning

Liquidity ratio
924.03 2020
2019
2020
Q1: 139.46
Med: 327.3
Q3: 993.56
Good +21 pts over 2 years

In 2020, the liquidity ratio of A.F.P. - AMENAGEMENT FONC... (924.03) 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.

Interest coverage
2.66x 2020
2019
2020
Q1: -4.07x
Med: 0.0x
Q3: 1.4x
Excellent

In 2020, the interest coverage of A.F.P. - AMENAGEMENT FONC... (2.7x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 150 days. Excellent situation: suppliers finance 150 days of the operating cycle (retail model). Inventory turnover is 114 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 142 days of revenue, i.e. 299 k€ to permanently finance.

Operating WCR (2020) ?
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

299 410 €

Customer credit (2020) ?
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

0 j

Supplier credit (2020) ?
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

150 j

Inventory turnover (2020) ?
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

114 j

WCR in days of revenue (2020) ?
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

142 j

WCR and payment terms evolution
A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS

Positioning of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS in its sector

Comparison with sector Promotion immobilière de logements

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS is estimated at 214 341 € (range 78 603€ - 596 382€). With an EBITDA of 173 458€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.28x (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.

Estimated enterprise value 2020
80 tx
78k€ 214k€ 596k€
214 341 € Range: 78 603€ - 596 382€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
173 458 € × 1.0x
Estimation 174 042 €
71 870€ - 529 339€
Revenue Multiple 30%
758 885 € × 0.28x
Estimation 212 307 €
76 343€ - 522 156€
Net Income Multiple 20%
135 465 € × 2.3x
Estimation 318 140 €
98 827€ - 875 330€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de logements)

Compare A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS

What is the revenue of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS ?

The revenue of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS in 2020 is 759 k€.

Is A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS profitable?

Yes, A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS generated a net profit of 135 k€ in 2020.

Where is the headquarters of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS ?

The headquarters of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS is located in SAINT-VINCENT-DE-MERCUZE (38660), in the department Isere.

Where to find the tax return of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS ?

The tax return of A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS 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 A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS operate?

A.F.P. - AMENAGEMENT FONCIER PARTICIPATIONS operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.