APPROCHE SUR MESURE (A.S.M.) : revenue, balance sheet and financial ratios

APPROCHE SUR MESURE (A.S.M.) is a French company founded 27 years ago, specialized in the sector Activités de centres d'appels. Based in LEVALLOIS-PERRET (92300), this company of category PME shows in 2024 a revenue of 5.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - APPROCHE SUR MESURE (A.S.M.) (SIREN 420739948)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 5 900 931 € 7 776 206 € 9 314 780 € 7 343 776 € 5 527 571 € 5 350 680 € 5 713 121 € 4 983 114 €
Net income 1 147 940 € 1 575 939 € 25 589 € 207 247 € -28 108 € 182 155 € 242 547 € 428 433 €
EBITDA -240 228 € 368 454 € 237 051 € 523 063 € 79 288 € 187 014 € 143 927 € 111 258 €
Net margin 19.5% 20.3% 0.3% 2.8% -0.5% 3.4% 4.2% 8.6%

Revenue and income statement

In 2024, APPROCHE SUR MESURE (A.S.M.) achieves revenue of 5.9 M€. Revenue is growing positively over 8 years (CAGR: +2.1%). Significant drop of -24% vs 2023. After deducting consumption (0 €), gross margin stands at 5.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -240 k€, representing -4.1% of revenue. Warning negative scissor effect: despite revenue change (-24%), EBITDA varies by -165%, reducing margin by 8.8 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 1.1 M€, i.e. 19.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 900 931 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 900 931 €

EBITDA (2024) ?
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

-240 228 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-316 301 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 147 940 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-4.1%

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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 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 19.7% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

37.436%

Financial autonomy (2024) ?
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

10.263%

Cash flow / Revenue (2024) ?
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

19.749%

Repayment capacity (2024) ?
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

0.51

Asset age ratio (2024) ?
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

7.4%

Solvency indicators evolution
APPROCHE SUR MESURE (A.S.M.)

Sector positioning

Debt ratio
37.44 2024
2021
2023
2024
Q1: 0.0
Med: 0.61
Q3: 32.15
Average +12 pts over 3 years

In 2024, the debt ratio of APPROCHE SUR MESURE (A.S.M.) (37.44) 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
10.26% 2024
2021
2023
2024
Q1: 5.44%
Med: 27.68%
Q3: 50.14%
Average -7 pts over 3 years

In 2024, the financial autonomy of APPROCHE SUR MESURE (A.S.M.) (10.3%) 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
0.51 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.56 years
Average

In 2024, the repayment capacity of APPROCHE SUR MESURE (A.S.M.) (0.51) 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 113.15. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

113.152

Interest coverage (2024) ?
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

-6.123

Liquidity indicators evolution
APPROCHE SUR MESURE (A.S.M.)

Sector positioning

Liquidity ratio
113.15 2024
2021
2023
2024
Q1: 102.55
Med: 152.5
Q3: 216.39
Average +5 pts over 3 years

In 2024, the liquidity ratio of APPROCHE SUR MESURE (A.S.M.) (113.15) 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
-6.12x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.46x
Average -52 pts over 3 years

In 2024, the interest coverage of APPROCHE SUR MESURE (A.S.M.) (-6.1x) 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: 484 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1242 days. Excellent situation: suppliers finance 758 days of the operating cycle (retail model). Overall, WCR represents 671 days of revenue, i.e. 11.0 M€ to permanently finance. Over 2016-2024, WCR increased by +1013%, requiring additional financing.

Operating WCR (2024) ?
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

10 992 726 €

Customer credit (2024) ?
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

484 j

Supplier credit (2024) ?
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

1242 j

Inventory turnover (2024) ?
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 (2024) ?
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

671 j

WCR and payment terms evolution
APPROCHE SUR MESURE (A.S.M.)

Positioning of APPROCHE SUR MESURE (A.S.M.) in its sector

Comparison with sector Activités de centres d'appels

Valuation estimate

Based on 447 transactions of similar company sales (all years), the value of APPROCHE SUR MESURE (A.S.M.) is estimated at 2 791 613 € (range 1 101 301€ - 6 523 314€). The price/revenue ratio is 0.37x (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 2024
447 transactions
1101k€ 2791k€ 6523k€
2 791 613 € Range: 1 101 301€ - 6 523 314€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
5 900 931 € × 0.37x
Estimation 2 189 467 €
1 039 088€ - 4 433 632€
Net Income Multiple 20%
1 147 940 € × 3.2x
Estimation 3 694 832 €
1 194 623€ - 9 657 839€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 447 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 (Activités de centres d'appels)

Compare APPROCHE SUR MESURE (A.S.M.) with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de centres d'appels

Frequently asked questions about APPROCHE SUR MESURE (A.S.M.)

What is the revenue of APPROCHE SUR MESURE (A.S.M.) ?

The revenue of APPROCHE SUR MESURE (A.S.M.) in 2024 is 5.9 M€.

Is APPROCHE SUR MESURE (A.S.M.) profitable?

Yes, APPROCHE SUR MESURE (A.S.M.) generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of APPROCHE SUR MESURE (A.S.M.) ?

The headquarters of APPROCHE SUR MESURE (A.S.M.) is located in LEVALLOIS-PERRET (92300), in the department Hauts-de-Seine.

Where to find the tax return of APPROCHE SUR MESURE (A.S.M.) ?

The tax return of APPROCHE SUR MESURE (A.S.M.) 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 APPROCHE SUR MESURE (A.S.M.) operate?

APPROCHE SUR MESURE (A.S.M.) operates in the sector Activités de centres d'appels (NAF code 82.20Z). See the 'Sector positioning' section above to compare the company with its competitors.