AS-TECH SOLUTIONS : revenue, balance sheet and financial ratios

AS-TECH SOLUTIONS is a French company founded 44 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in LATTES (34970), this company of category PME shows in 2023 a revenue of 7.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - AS-TECH SOLUTIONS (SIREN 322942525)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 7 768 445 € 6 621 241 € 5 446 570 € 4 781 443 € 4 883 236 € 4 687 986 € 4 414 117 € 4 108 468 €
Net income 642 055 € 1 109 330 € 534 175 € 380 803 € 371 277 € 480 510 € 408 332 € 420 136 €
EBITDA 926 975 € 1 326 715 € 733 715 € 629 472 € 612 806 € 760 720 € 638 619 € 703 778 €
Net margin 8.3% 16.8% 9.8% 8.0% 7.6% 10.2% 9.3% 10.2%

Revenue and income statement

In 2023, AS-TECH SOLUTIONS achieves revenue of 7.8 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.5%. Vs 2022, growth of +17% (6.6 M€ -> 7.8 M€). After deducting consumption (215 k€), gross margin stands at 7.6 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 927 k€, representing 11.9% of revenue. Warning negative scissor effect: despite revenue change (+17%), EBITDA varies by -30%, reducing margin by 8.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 642 k€, i.e. 8.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 768 445 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 553 610 €

EBITDA (2023) ?
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

926 975 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

777 698 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

642 055 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.9%

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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 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.1% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

64.123%

Financial autonomy (2023) ?
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

44.981%

Cash flow / Revenue (2023) ?
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

10.05%

Repayment capacity (2023) ?
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

0.829

Asset age ratio (2023) ?
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

56.8%

Solvency indicators evolution
AS-TECH SOLUTIONS

Sector positioning

Debt ratio
64.12 2023
2021
2022
2023
Q1: 0.01
Med: 7.48
Q3: 36.19
Watch

In 2023, the debt ratio of AS-TECH SOLUTIONS (64.12) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
44.98% 2023
2021
2022
2023
Q1: 8.28%
Med: 37.46%
Q3: 61.24%
Good

In 2023, the financial autonomy of AS-TECH SOLUTIONS (45.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.83 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Average +13 pts over 3 years

In 2023, the repayment capacity of AS-TECH SOLUTIONS (0.83) 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 276.39. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2023) ?
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

276.387

Interest coverage (2023) ?
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

1.858

Liquidity indicators evolution
AS-TECH SOLUTIONS

Sector positioning

Liquidity ratio
276.39 2023
2021
2022
2023
Q1: 148.7
Med: 244.94
Q3: 402.57
Good +7 pts over 3 years

In 2023, the liquidity ratio of AS-TECH SOLUTIONS (276.39) 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.

Interest coverage
1.86x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.4x
Excellent +50 pts over 3 years

In 2023, the interest coverage of AS-TECH SOLUTIONS (1.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1 days. The gap of 33 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 32 days of revenue, i.e. 688 k€ to permanently finance. Over 2016-2023, WCR increased by +58%, requiring additional financing.

Operating WCR (2023) ?
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

688 207 €

Customer credit (2023) ?
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

34 j

Supplier credit (2023) ?
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

1 j

Inventory turnover (2023) ?
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 (2023) ?
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

32 j

WCR and payment terms evolution
AS-TECH SOLUTIONS

Positioning of AS-TECH SOLUTIONS in its sector

Comparison with sector Tierce maintenance de systèmes et d’applications informatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 289 235€ to 959 079€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
289k€ 588k€ 959k€
588 995 € Range: 289 235€ - 959 079€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Tierce maintenance de systèmes et d’applications informatiques)

Compare AS-TECH SOLUTIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Tierce maintenance de systèmes et d’applications informatiques

Frequently asked questions about AS-TECH SOLUTIONS

What is the revenue of AS-TECH SOLUTIONS ?

The revenue of AS-TECH SOLUTIONS in 2023 is 7.8 M€.

Is AS-TECH SOLUTIONS profitable?

Yes, AS-TECH SOLUTIONS generated a net profit of 642 k€ in 2023.

Where is the headquarters of AS-TECH SOLUTIONS ?

The headquarters of AS-TECH SOLUTIONS is located in LATTES (34970), in the department Herault.

Where to find the tax return of AS-TECH SOLUTIONS ?

The tax return of AS-TECH SOLUTIONS 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 AS-TECH SOLUTIONS operate?

AS-TECH SOLUTIONS operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.