SIREN : 820560076
ARTNOVA is a French company founded 9 years ago, specialized in the sector Gestion de fonds. Based in PARIS (75001), this company of category PME shows in 2019 a revenue of 293 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 292 903 € | 240 000 € | 90 000 € | 45 000 € |
| Net income | 1 194 328 € | -174 157 € | -2 349 562 € | 23 335 € |
| EBITDA | -151 642 € | -145 789 € | -96 408 € | 35 813 € |
| Net margin | 407.8% | -72.6% | -2610.6% | 51.9% |
In 2019, ARTNOVA achieves revenue of 293 k€. Over the period 2016-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +86.7%. Vs 2018, growth of +22% (240 k€ -> 293 k€). After deducting consumption (0 €), gross margin stands at 293 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -152 k€, representing -51.8% of revenue. Positive scissor effect: EBITDA margin improves by +9.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.2 M€, i.e. 407.8% of revenue. This profit can be retained or distributed to shareholders.
292 903 €
292 903 €
-151 642 €
-152 985 €
1 194 328 €
-51.8%
The debt ratio (= Financial debt / Equity x 100) stands at -1198%. 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 -9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-1198.396%
-8.982%
-51.793%
-95.008
28.1%
In 2019, the debt ratio of ARTNOVA (-1198.40) 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.
In 2019, the financial autonomy of ARTNOVA (-9.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2019, the repayment capacity of ARTNOVA (-95.01) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 1267.72. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
1267.717
0.0
In 2019, the liquidity ratio of ARTNOVA (1267.72) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2019, the interest coverage of ARTNOVA (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 360 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 142 days. The gap of 218 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 2218 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2019, WCR increased by +2898%, requiring additional financing.
1 804 391 €
360 j
142 j
0 j
2218 j
Based on 61 transactions of similar company sales
in 2019,
the value of ARTNOVA is estimated at
4 654 786 €
(range 2 285 928€ - 8 149 702€).
The price/revenue ratio is 0.46x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 61 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ARTNOVA with other companies in the same sector:
The revenue of ARTNOVA in 2019 is 293 k€.
Yes, ARTNOVA generated a net profit of 1.2 M€ in 2019.
The headquarters of ARTNOVA is located in PARIS (75001), in the department Paris.
The tax return of ARTNOVA 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).
ARTNOVA operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.