SIREN : 833719206
ALTHEE is a French company founded 8 years ago, specialized in the sector Gestion d'installations sportives. Based in SAINT-LOUBES (33450), this company of category ETI shows in 2023 a revenue of 611 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 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 610 959 € | 610 747 € | 251 929 € | N/C | N/C | N/C |
| Net income | 136 726 € | 98 459 € | 28 320 € | -644 € | -27 € | -59 € |
| EBITDA | 186 747 € | 168 431 € | 50 995 € | -116 € | -44 € | -59 € |
| Net margin | 22.4% | 16.1% | 11.2% | N/C | N/C | N/C |
In 2023, ALTHEE achieves revenue of 611 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +55.7%. Vs 2022: +0%. After deducting consumption (19 k€), gross margin stands at 591 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 187 k€, representing 30.6% of revenue. Positive scissor effect: EBITDA margin improves by +3.0 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 137 k€, i.e. 22.4% of revenue. This profit can be retained or distributed to shareholders.
610 959 €
591 476 €
186 747 €
167 540 €
136 726 €
14.3%
The debt ratio (= Financial debt / Equity x 100) stands at 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
54.085%
16.873%
11.366%
0.597
58.4%
In 2023, the debt ratio of ALTHEE (54.09) 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 ALTHEE (16.9%) 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 ALTHEE (0.60) 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 142.18. 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 5.7x. Operating income very largely covers interest expenses: high safety margin.
142.18
5.741
In 2023, the liquidity ratio of ALTHEE (142.18) 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 ALTHEE (5.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 115 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 256 days. Excellent situation: suppliers finance 141 days of the operating cycle (retail model). Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 439 days of revenue, i.e. 746 k€ to permanently finance.
745 706 €
115 j
256 j
5 j
439 j
Based on 73 transactions of similar company sales
(all years),
the value of ALTHEE is estimated at
626 674 €
(range 302 235€ - 1 021 470€).
With an EBITDA of 186 747€, the sector multiple of 4.0x is applied.
The price/revenue ratio is 0.57x
(in line with sector norms).
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.
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This estimate is based on the analysis of 73 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 ALTHEE with other companies in the same sector:
Voir toutes les statistiques du secteur Gestion d'installations sportives
The revenue of ALTHEE in 2023 is 611 k€.
Yes, ALTHEE generated a net profit of 137 k€ in 2023.
The headquarters of ALTHEE is located in SAINT-LOUBES (33450), in the department Gironde.
The tax return of ALTHEE 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).
ALTHEE operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.