AGENCE DES PHOTOGRAPHES INDEPENDANTS : revenue, balance sheet and financial ratios

AGENCE DES PHOTOGRAPHES INDEPENDANTS is a French company founded 35 years ago, specialized in the sector Activités des agences de presse. Based in PARIS (75003), this company of category PME shows in 2022 a revenue of 160 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 - AGENCE DES PHOTOGRAPHES INDEPENDANTS (SIREN 378630230)
Indicator 2022 2019 2018 2017 2016 2015
Revenue 159 772 € 34 317 € 38 987 € 30 925 € 26 022 € 21 951 €
Net income 35 947 € 1 987 € 4 656 € 804 € 2 815 € 8 499 €
EBITDA 43 174 € 5 588 € 6 787 € 1 785 € 4 250 € 11 457 €
Net margin 22.5% 5.8% 11.9% 2.6% 10.8% 38.7%

Revenue and income statement

In 2022, AGENCE DES PHOTOGRAPHES INDEPENDANTS achieves revenue of 160 k€. Over the period 2015-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +32.8%. Vs 2019, growth of +366% (34 k€ -> 160 k€). After deducting consumption (0 €), gross margin stands at 160 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 43 k€, representing 27.0% of revenue. Positive scissor effect: EBITDA margin improves by +10.7 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 36 k€, i.e. 22.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

159 772 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

159 772 €

EBITDA (2022) ?
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

43 174 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

42 291 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

35 947 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

27.0%

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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 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.1% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

38.395%

Financial autonomy (2022) ?
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

54.599%

Cash flow / Revenue (2022) ?
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

23.052%

Repayment capacity (2022) ?
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

0.917

Asset age ratio (2022) ?
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

9.4%

Solvency indicators evolution
AGENCE DES PHOTOGRAPHES INDEPENDANTS

Sector positioning

Debt ratio
38.4 2022
2018
2019
2022
Q1: 0.0
Med: 1.64
Q3: 45.35
Average -6 pts over 3 years

In 2022, the debt ratio of AGENCE DES PHOTOGRAPHES I... (38.40) 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
54.6% 2022
2018
2019
2022
Q1: 5.66%
Med: 33.82%
Q3: 58.66%
Good +26 pts over 3 years

In 2022, the financial autonomy of AGENCE DES PHOTOGRAPHES I... (54.6%) 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
0.92 years 2022
2018
2019
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 0.56 years
Watch

In 2022, the repayment capacity of AGENCE DES PHOTOGRAPHES I... (0.92) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 406.31. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

406.31

Interest coverage (2022) ?
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

0.0

Liquidity indicators evolution
AGENCE DES PHOTOGRAPHES INDEPENDANTS

Sector positioning

Liquidity ratio
406.31 2022
2018
2019
2022
Q1: 119.07
Med: 203.85
Q3: 419.97
Good

In 2022, the liquidity ratio of AGENCE DES PHOTOGRAPHES I... (406.31) 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
0.0x 2022
2018
2019
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.18x
Average

In 2022, the interest coverage of AGENCE DES PHOTOGRAPHES I... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 270 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The gap of 265 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 240 days of revenue, i.e. 107 k€ to permanently finance. Over 2015-2022, WCR increased by +469%, requiring additional financing.

Operating WCR (2022) ?
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

106 729 €

Customer credit (2022) ?
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

270 j

Supplier credit (2022) ?
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

5 j

Inventory turnover (2022) ?
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

0 j

WCR in days of revenue (2022) ?
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

240 j

WCR and payment terms evolution
AGENCE DES PHOTOGRAPHES INDEPENDANTS

Positioning of AGENCE DES PHOTOGRAPHES INDEPENDANTS in its sector

Comparison with sector Activités des agences de presse

Similar companies (Activités des agences de presse)

Compare AGENCE DES PHOTOGRAPHES INDEPENDANTS with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de presse

Frequently asked questions about AGENCE DES PHOTOGRAPHES INDEPENDANTS

What is the revenue of AGENCE DES PHOTOGRAPHES INDEPENDANTS ?

The revenue of AGENCE DES PHOTOGRAPHES INDEPENDANTS in 2022 is 160 k€.

Is AGENCE DES PHOTOGRAPHES INDEPENDANTS profitable?

Yes, AGENCE DES PHOTOGRAPHES INDEPENDANTS generated a net profit of 36 k€ in 2022.

Where is the headquarters of AGENCE DES PHOTOGRAPHES INDEPENDANTS ?

The headquarters of AGENCE DES PHOTOGRAPHES INDEPENDANTS is located in PARIS (75003), in the department Paris.

Where to find the tax return of AGENCE DES PHOTOGRAPHES INDEPENDANTS ?

The tax return of AGENCE DES PHOTOGRAPHES INDEPENDANTS 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 AGENCE DES PHOTOGRAPHES INDEPENDANTS operate?

AGENCE DES PHOTOGRAPHES INDEPENDANTS operates in the sector Activités des agences de presse (NAF code 63.91Z). See the 'Sector positioning' section above to compare the company with its competitors.