ANTHESIS : revenue, balance sheet and financial ratios

ANTHESIS is a French company founded 27 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in RENNES (35200), this company of category PME shows in 2021 a revenue of 1.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ANTHESIS (SIREN 421162256)
Indicator 2023 2022 2021 2020 2017
Revenue N/C N/C 1 295 685 € 1 436 928 € N/C
Net income 200 339 € 1 273 600 € 315 963 € 472 468 € 1 855 293 €
EBITDA N/C N/C 718 046 € 725 258 € N/C
Net margin N/C N/C 24.4% 32.9% N/C

Revenue and income statement

In 2023, ANTHESIS generates positive net income of 200 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2023: 1.9 M€ -> 200 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

200 339 €

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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 8%. 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 90%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

7.925%

Financial autonomy (2023) ?
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

90.047%

Asset age ratio (2023) ?
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

64.4%

Solvency indicators evolution
ANTHESIS

Sector positioning

Debt ratio
7.92 2023
2021
2022
2023
Q1: -25.79
Med: 7.7
Q3: 166.03
Good

In 2023, the debt ratio of ANTHESIS (7.92) 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
90.05% 2023
2021
2022
2023
Q1: 0.43%
Med: 30.83%
Q3: 76.17%
Excellent

In 2023, the financial autonomy of ANTHESIS (90.0%) 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
6.41 years 2021
2021
Q1: -0.0 years
Med: 0.54 years
Q3: 9.67 years
Average

In 2021, the repayment capacity of ANTHESIS (6.41) 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 1915.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

1915.167

Liquidity indicators evolution
ANTHESIS

Sector positioning

Liquidity ratio
1915.17 2023
2021
2022
2023
Q1: 95.03
Med: 298.23
Q3: 1220.9
Excellent

In 2023, the liquidity ratio of ANTHESIS (1915.17) 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
10.45x 2021
2021
Q1: 0.0x
Med: 0.0x
Q3: 12.95x
Good

In 2021, the interest coverage of ANTHESIS (10.4x) 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.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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 (2023) ?
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

0 j

Inventory turnover (2023) ?
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 and payment terms evolution
ANTHESIS

Positioning of ANTHESIS in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 215 transactions of similar company sales in 2023, the value of ANTHESIS is estimated at 1 136 192 € (range 416 463€ - 2 198 894€). 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 2023
215 transactions
416k€ 1136k€ 2198k€
1 136 192 € Range: 416 463€ - 2 198 894€
NAF 5 année 2023

Valuation method used

Net Income Multiple
200 339 € × 5.7x = 1 136 192 €
Range: 416 464€ - 2 198 894€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Location de terrains et d'autres biens immobiliers)

Compare ANTHESIS with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about ANTHESIS

What is the revenue of ANTHESIS ?

The revenue of ANTHESIS in 2021 is 1.3 M€.

Is ANTHESIS profitable?

Yes, ANTHESIS generated a net profit of 200 k€ in 2023.

Where is the headquarters of ANTHESIS ?

The headquarters of ANTHESIS is located in RENNES (35200), in the department Ille-et-Vilaine.

Where to find the tax return of ANTHESIS ?

The tax return of ANTHESIS 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 ANTHESIS operate?

ANTHESIS operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.