SIREN : 489328435
ANGEL is a French company founded 20 years ago, specialized in the sector Commerce de détail de meubles. Based in ANTIBES (06600), this company of category PME shows in 2021 a revenue of 578 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 | 2021 | 2020 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 577 949 € | 317 805 € | 523 443 € | 455 508 € | 500 964 € |
| Net income | 15 519 € | -42 843 € | 946 € | 4 003 € | 15 787 € |
| EBITDA | 20 003 € | -53 010 € | 14 479 € | 9 866 € | 25 137 € |
| Net margin | 2.7% | -13.5% | 0.2% | 0.9% | 3.2% |
In 2021, ANGEL achieves revenue of 578 k€. Revenue is growing positively over 5 years (CAGR: +2.9%). Vs 2020, growth of +82% (318 k€ -> 578 k€). After deducting consumption (301 k€), gross margin stands at 277 k€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 3.5% of revenue. Positive scissor effect: EBITDA margin improves by +20.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 16 k€, i.e. 2.7% of revenue. This profit can be retained or distributed to shareholders.
577 949 €
277 015 €
20 003 €
16 675 €
15 519 €
3.5%
The debt ratio (= Financial debt / Equity x 100) stands at 264%. 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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
264.245%
35.73%
3.436%
4.205
6.3%
In 2021, the debt ratio of ANGEL (264.25) 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 2021, the financial autonomy of ANGEL (35.7%) 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 2021, the repayment capacity of ANGEL (4.21) 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 145.12. 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 5.5x. Operating income very largely covers interest expenses: high safety margin.
145.12
5.524
In 2021, the liquidity ratio of ANGEL (145.12) 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 2021, the interest coverage of ANGEL (5.5x) 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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The company must finance 6 days of gap between collections and payments. Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 20 days of revenue, i.e. 32 k€ to permanently finance. Over 2016-2021, WCR increased by +192%, requiring additional financing.
32 215 €
34 j
28 j
37 j
20 j
Based on 54 transactions of similar company sales
in 2021,
the value of ANGEL is estimated at
49 824 €
(range 31 591€ - 112 656€).
With an EBITDA of 20 003€, the sector multiple of 1.8x is applied.
The price/revenue ratio is 0.16x
(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 54 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 ANGEL with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail de meubles
The revenue of ANGEL in 2021 is 578 k€.
Yes, ANGEL generated a net profit of 16 k€ in 2021.
The headquarters of ANGEL is located in ANTIBES (06600), in the department Alpes-Maritimes.
The tax return of ANGEL 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).
ANGEL operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.