APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT : revenue, balance sheet and financial ratios

APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT is a French company founded 25 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in ASNIERES-SUR-SEINE (92600), this company of category PME shows in 2016 a revenue of 259 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 - APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT (SIREN 434073573)
Indicator 2016 2015
Revenue 258 936 € 213 582 €
Net income 824 € 10 925 €
EBITDA 1 044 € 14 722 €
Net margin 0.3% 5.1%

Revenue and income statement

In 2016, APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT achieves revenue of 259 k€. Vs 2015, growth of +21% (214 k€ -> 259 k€). After deducting consumption (66 k€), gross margin stands at 193 k€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1 k€, representing 0.4% of revenue. Warning negative scissor effect: despite revenue change (+21%), EBITDA varies by -93%, reducing margin by 6.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 824 €, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2016) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

258 936 €

Gross margin (2016) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

193 115 €

EBITDA (2016) ?
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

1 044 €

EBIT (2016) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 020 €

Net income (2016) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

824 €

EBITDA margin (2016) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.4%

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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 47%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 22.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2016) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

46.633%

Financial autonomy (2016) ?
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

23.195%

Cash flow / Revenue (2016) ?
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

0.318%

Repayment capacity (2016) ?
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

22.352

Solvency indicators evolution
APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT

Sector positioning

Debt ratio
46.63 2016
2015
2016
Q1: 0.39
Med: 11.97
Q3: 49.64
Average

In 2016, the debt ratio of APPLICATION DISTRIBUTION ... (46.63) 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
23.2% 2016
2015
2016
Q1: 8.57%
Med: 29.73%
Q3: 51.94%
Average -16 pts over 2 years

In 2016, the financial autonomy of APPLICATION DISTRIBUTION ... (23.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
22.35 years 2016
2015
2016
Q1: 0.0 years
Med: 0.04 years
Q3: 0.96 years
Watch

In 2016, the repayment capacity of APPLICATION DISTRIBUTION ... (22.35) 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 151.36. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2016) ?
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

151.356

Interest coverage (2016) ?
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

0.192

Liquidity indicators evolution
APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT

Sector positioning

Liquidity ratio
151.36 2016
2015
2016
Q1: 137.29
Med: 191.94
Q3: 290.15
Average -19 pts over 2 years

In 2016, the liquidity ratio of APPLICATION DISTRIBUTION ... (151.36) 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.

Interest coverage
0.19x 2016
2015
2016
Q1: 0.0x
Med: 0.15x
Q3: 2.92x
Good

In 2016, the interest coverage of APPLICATION DISTRIBUTION ... (0.2x) 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. Average customer payment term: 123 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 122 days. The company must finance 1 days of gap between collections and payments. Overall, WCR represents 142 days of revenue, i.e. 102 k€ to permanently finance.

Operating WCR (2016) ?
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

102 324 €

Customer credit (2016) ?
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

123 j

Supplier credit (2016) ?
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

122 j

Inventory turnover (2016) ?
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 (2016) ?
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

142 j

WCR and payment terms evolution
APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT

Positioning of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Based on 283 transactions of similar company sales (all years), the value of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT is estimated at 14 726 € (range 8 701€ - 29 926€). With an EBITDA of 1 044€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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.

Estimated enterprise value 2016
283 transactions
8k€ 14k€ 29k€
14 726 € Range: 8 701€ - 29 926€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 044 € × 1.0x
Estimation 1 090 €
405€ - 3 812€
Revenue Multiple 30%
258 936 € × 0.18x
Estimation 46 470 €
28 050€ - 90 333€
Net Income Multiple 20%
824 € × 1.5x
Estimation 1 202 €
420€ - 4 605€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 283 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 (Travaux d'installation électrique dans tous locaux)

Compare APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT

What is the revenue of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT ?

The revenue of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT in 2016 is 259 k€.

Is APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT profitable?

Yes, APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT generated a net profit of 824€ in 2016.

Where is the headquarters of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT ?

The headquarters of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT is located in ASNIERES-SUR-SEINE (92600), in the department Hauts-de-Seine.

Where to find the tax return of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT ?

The tax return of APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT 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 APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT operate?

APPLICATION DISTRIBUTION SYSTEM WELLCONCEPT operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.