A.P.I. ALPHA PACKAGING INTERNATIONAL : revenue, balance sheet and financial ratios

A.P.I. ALPHA PACKAGING INTERNATIONAL is a French company founded 17 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires. Based in NOGENT-SUR-MARNE (94130), this company of category PME shows in 2021 a revenue of 58 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

Financial history - A.P.I. ALPHA PACKAGING INTERNATIONAL (SIREN 507677771)
Indicator 2021 2013
Revenue 58 011 € 377 671 €
Net income 87 430 € -253 940 €
EBITDA -133 640 € -113 980 €
Net margin 150.7% -67.2%

Revenue and income statement

In 2021, A.P.I. ALPHA PACKAGING INTERNATIONAL achieves revenue of 58 k€. Significant drop of -85% vs 2013. After deducting consumption (42 k€), gross margin stands at 16 k€, i.e. a rate of 28%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -134 k€, representing -230.4% of revenue. Warning negative scissor effect: despite revenue change (-85%), EBITDA varies by -17%, reducing margin by 200.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 87 k€, i.e. 150.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

58 011 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

16 314 €

EBITDA (2021) ?
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

-133 640 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-35 897 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

87 430 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-230.4%

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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 -80%. 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 -400%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 129.9% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-79.556%

Financial autonomy (2021) ?
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

-400.104%

Cash flow / Revenue (2021) ?
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

129.934%

Repayment capacity (2021) ?
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

34.811

Solvency indicators evolution
A.P.I. ALPHA PACKAGING INTERNATIONAL

Sector positioning

Debt ratio
-79.56 2021
2013
2021
Q1: 0.19
Med: 18.23
Q3: 79.75
Excellent -10 pts over 2 years

In 2021, the debt ratio of A.P.I. ALPHA PACKAGING IN... (-79.56) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-400.1% 2021
2013
2021
Q1: 22.38%
Med: 41.0%
Q3: 59.16%
Watch

In 2021, the financial autonomy of A.P.I. ALPHA PACKAGING IN... (-400.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
34.81 years 2021
2013
2021
Q1: 0.0 years
Med: 0.32 years
Q3: 2.64 years
Watch +74 pts over 2 years

In 2021, the repayment capacity of A.P.I. ALPHA PACKAGING IN... (34.81) 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 33.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

33.235

Interest coverage (2021) ?
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

-4.741

Liquidity indicators evolution
A.P.I. ALPHA PACKAGING INTERNATIONAL

Sector positioning

Liquidity ratio
33.23 2021
2013
2021
Q1: 148.66
Med: 224.48
Q3: 366.7
Watch

In 2021, the liquidity ratio of A.P.I. ALPHA PACKAGING IN... (33.23) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-4.74x 2021
2013
2021
Q1: 0.0x
Med: 0.75x
Q3: 4.45x
Average -5 pts over 2 years

In 2021, the interest coverage of A.P.I. ALPHA PACKAGING IN... (-4.7x) 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: 421 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6172 days. Excellent situation: suppliers finance 5751 days of the operating cycle (retail model). Inventory turnover is 1633 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1658 days of revenue, i.e. 267 k€ to permanently finance.

Operating WCR (2021) ?
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

267 207 €

Customer credit (2021) ?
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

421 j

Supplier credit (2021) ?
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

6172 j

Inventory turnover (2021) ?
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

1633 j

WCR in days of revenue (2021) ?
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

1658 j

WCR and payment terms evolution
A.P.I. ALPHA PACKAGING INTERNATIONAL

Positioning of A.P.I. ALPHA PACKAGING INTERNATIONAL in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (39 transactions). This range of 21 515€ to 223 138€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
21k€ 55k€ 223k€
55 961 € Range: 21 515€ - 223 138€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 39 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 (Commerce de gros (commerce interentreprises) d'autres produits intermédiaires)

Compare A.P.I. ALPHA PACKAGING INTERNATIONAL with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'autres produits intermédiaires

Frequently asked questions about A.P.I. ALPHA PACKAGING INTERNATIONAL

What is the revenue of A.P.I. ALPHA PACKAGING INTERNATIONAL ?

The revenue of A.P.I. ALPHA PACKAGING INTERNATIONAL in 2021 is 58 k€.

Is A.P.I. ALPHA PACKAGING INTERNATIONAL profitable?

Yes, A.P.I. ALPHA PACKAGING INTERNATIONAL generated a net profit of 87 k€ in 2021.

Where is the headquarters of A.P.I. ALPHA PACKAGING INTERNATIONAL ?

The headquarters of A.P.I. ALPHA PACKAGING INTERNATIONAL is located in NOGENT-SUR-MARNE (94130), in the department Val-de-Marne.

Where to find the tax return of A.P.I. ALPHA PACKAGING INTERNATIONAL ?

The tax return of A.P.I. ALPHA PACKAGING INTERNATIONAL 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.P.I. ALPHA PACKAGING INTERNATIONAL operate?

A.P.I. ALPHA PACKAGING INTERNATIONAL operates in the sector Commerce de gros (commerce interentreprises) d'autres produits intermédiaires (NAF code 46.76Z). See the 'Sector positioning' section above to compare the company with its competitors.