ARECO FINANCES TECHNOLOGIE - ARFITEC : revenue, balance sheet and financial ratios

ARECO FINANCES TECHNOLOGIE - ARFITEC is a French company founded 21 years ago, specialized in the sector Activités des sociétés holding. Based in GRASSE (06130), this company of category PME shows in 2022 a revenue of 2.4 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 - ARECO FINANCES TECHNOLOGIE - ARFITEC (SIREN 479576449)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 2 416 697 € 2 345 812 € 1 599 578 € 1 362 173 € 632 429 € 586 706 € 288 347 €
Net income -823 191 € -608 666 € 460 386 € 1 159 635 € 1 213 683 € 1 011 824 € 708 782 € 441 413 € 249 106 €
EBITDA N/C N/C -11 676 € 289 425 € 61 021 € 129 336 € 67 299 € 114 811 € -143 645 €
Net margin N/C N/C 19.1% 49.4% 75.9% 74.3% 112.1% 75.2% 86.4%

Revenue and income statement

In 2024, ARECO FINANCES TECHNOLOGIE - ARFITEC records a net loss of 823 k€. This deficit will reduce equity on the balance sheet.

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

-823 191 €

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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 156%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory.

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

156.468%

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

35.953%

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

42.8%

Solvency indicators evolution
ARECO FINANCES TECHNOLOGIE - ARFITEC

Sector positioning

Debt ratio
156.47 2024
2022
2023
2024
Q1: 0.01
Med: 8.77
Q3: 62.6
Average

In 2024, the debt ratio of ARECO FINANCES TECHNOLOGI... (156.47) 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
35.95% 2024
2022
2023
2024
Q1: 15.71%
Med: 62.26%
Q3: 91.3%
Average

In 2024, the financial autonomy of ARECO FINANCES TECHNOLOGI... (36.0%) 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
6.8 years 2022
2022
Q1: 0.0 years
Med: 0.1 years
Q3: 3.28 years
Average

In 2022, the repayment capacity of ARECO FINANCES TECHNOLOGI... (6.80) 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 421.28. 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

421.281

Liquidity indicators evolution
ARECO FINANCES TECHNOLOGIE - ARFITEC

Sector positioning

Liquidity ratio
421.28 2024
2022
2023
2024
Q1: 138.65
Med: 681.09
Q3: 3914.52
Average -10 pts over 3 years

In 2024, the liquidity ratio of ARECO FINANCES TECHNOLOGI... (421.28) 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
-1889.59x 2022
2022
Q1: -53.22x
Med: 0.0x
Q3: 0.0x
Average

In 2022, the interest coverage of ARECO FINANCES TECHNOLOGI... (-1889.6x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
ARECO FINANCES TECHNOLOGIE - ARFITEC

Positioning of ARECO FINANCES TECHNOLOGIE - ARFITEC in its sector

Comparison with sector Activités des sociétés holding

Similar companies (Activités des sociétés holding)

Compare ARECO FINANCES TECHNOLOGIE - ARFITEC with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about ARECO FINANCES TECHNOLOGIE - ARFITEC

What is the revenue of ARECO FINANCES TECHNOLOGIE - ARFITEC ?

The revenue of ARECO FINANCES TECHNOLOGIE - ARFITEC in 2022 is 2.4 M€.

Is ARECO FINANCES TECHNOLOGIE - ARFITEC profitable?

ARECO FINANCES TECHNOLOGIE - ARFITEC recorded a net loss in 2024.

Where is the headquarters of ARECO FINANCES TECHNOLOGIE - ARFITEC ?

The headquarters of ARECO FINANCES TECHNOLOGIE - ARFITEC is located in GRASSE (06130), in the department Alpes-Maritimes.

Where to find the tax return of ARECO FINANCES TECHNOLOGIE - ARFITEC ?

The tax return of ARECO FINANCES TECHNOLOGIE - ARFITEC 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 ARECO FINANCES TECHNOLOGIE - ARFITEC operate?

ARECO FINANCES TECHNOLOGIE - ARFITEC operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.