Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1998-01-06 (28 years)Status: ActiveBusiness sector: Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuirLocation: PARIS (75003), Paris
ARE & WHY : revenue, balance sheet and financial ratios
ARE & WHY is a French company
founded 28 years ago,
specialized in the sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir.
Based in PARIS (75003),
this company of category PME
shows in 2023 a revenue of 9.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ARE & WHY generates positive net income of 808 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 106 k€ -> 808 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
808 258 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
12.122%
Financial autonomy (2024)
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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
77.691%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
27.251
30.983
11.335
22.069
60.501
44.245
26.899
19.832
12.122
Financial autonomy
63.455
54.805
62.354
54.253
52.244
58.368
63.465
68.159
77.691
Repayment capacity
5.195
1.306
0.451
0.959
4.811
1.339
1.014
2.154
None
Cash flow / Revenue
2.251%
7.44%
9.637%
6.831%
5.425%
16.175%
16.061%
6.979%
None%
Sector positioning
Debt ratio
12.122024
2022
2023
2024
Q1: 0.0
Med: 10.53
Q3: 39.43
Average-5 pts over 3 years
In 2024, the debt ratio of ARE & WHY (12.12) 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
77.69%2024
2022
2023
2024
Q1: 8.05%
Med: 46.66%
Q3: 76.15%
Excellent+9 pts over 3 years
In 2024, the financial autonomy of ARE & WHY (77.7%) 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
2.15 years2023
2022
2023
Q1: 0.0 years
Med: 0.27 years
Q3: 2.24 years
Average+11 pts over 2 years
In 2023, the repayment capacity of ARE & WHY (2.15) 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 690.31. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
690.308
Liquidity indicators evolution ARE & WHY
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
375.483
194.715
214.959
191.54
461.507
462.914
434.36
598.669
690.308
Interest coverage
11.025
8.297
2.166
2.609
1.58
2.242
2.237
3.574
None
Sector positioning
Liquidity ratio
690.312024
2022
2023
2024
Q1: 133.89
Med: 343.88
Q3: 635.03
Excellent+16 pts over 3 years
In 2024, the liquidity ratio of ARE & WHY (690.31) 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
3.57x2023
2022
2023
Q1: 0.0x
Med: 0.15x
Q3: 4.23x
Good
In 2023, the interest coverage of ARE & WHY (3.6x) 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 (2024)
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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 (2024)
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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 (2024)
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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 (2024)
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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 ARE & WHY
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
2 250 045 €
2 775 529 €
2 951 414 €
3 983 665 €
3 377 581 €
3 036 770 €
5 704 584 €
6 089 207 €
0 €
Inventory turnover (days)
33
49
38
46
67
69
123
172
0
Customer payment term (days)
44
68
57
65
35
47
74
20
0
Supplier payment term (days)
42
84
84
86
26
27
34
48
0
Positioning of ARE & WHY in its sector
Comparison with sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir
Valuation estimate
Based on 229 transactions of similar company sales
(all years),
the value of ARE & WHY is estimated at
1 364 294 €
(range 565 148€ - 5 537 923€).
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 value2024
229 transactions
565k€1364k€5537k€
1 364 294 €Range: 565 148€ - 5 537 923€
NAF 4 all-time
Aggregated at NAF sub-class level
Valuation method used
Net Income Multiple
808 258 €
×
1.7x
=1 364 294 €
Range: 565 148€ - 5 537 924€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 229 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 (Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir)
Compare ARE & WHY with other companies in the same sector:
Yes, ARE & WHY generated a net profit of 808 k€ in 2024.
Where is the headquarters of ARE & WHY ?
The headquarters of ARE & WHY is located in PARIS (75003), in the department Paris.
Where to find the tax return of ARE & WHY ?
The tax return of ARE & WHY 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 ARE & WHY operate?
ARE & WHY operates in the sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir (NAF code 46.16Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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