Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2008-08-28 (17 years)Status: ActiveBusiness sector: Installation de structures métalliques, chaudronnées et de tuyauterieLocation: SAINT-ANDRE-SUR-ORNE (14320), Calvados
AS2TC : revenue, balance sheet and financial ratios
AS2TC is a French company
founded 17 years ago,
specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie.
Based in SAINT-ANDRE-SUR-ORNE (14320),
this company of category PME
shows in 2024 a revenue of 1.0 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
En 2024, AS2TC alcanza unos ingresos de 1.0 M€. En el período 2019-2024, la empresa muestra un fuerte crecimiento con una TCAC de +7.1%. Vs 2023: +5%. Tras deducir el consumo (236 k€), el margen bruto se sitúa en 808 k€, es decir, una tasa del 77%. El EBITDA alcanza 88 k€, representando el 8.5% de los ingresos. Advertencia efecto tijera negativo: a pesar del cambio en ingresos (+5%), el EBITDA varía en -29%, reduciendo el margen en 4.1 puntos. Este nivel de margen operativo es satisfactorio para el sector. El resultado neto asciende a 59 k€, es decir, el 5.7% de los ingresos.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 044 201 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
808 231 €
EBITDA (2024)
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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
88 472 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
72 990 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
59 052 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8.4%
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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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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 32%. La deuda permanece bajo control. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 40%. El equilibrio entre fondos propios y deuda es satisfactorio. La capacidad de reembolso indica que se necesitarían 2.2 años de flujo de caja. Este corto período demuestra una excelente sostenibilidad de la deuda. El flujo de caja representa el 6.5% de los ingresos. Nivel satisfactorio que permite financiar parcialmente el crecimiento.
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
32.027%
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
39.908%
Cash flow / Revenue (2024)
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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
6.477%
Repayment capacity (2024)
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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
2.155
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
2019
2021
2022
2023
2024
Debt ratio
14.597
16.503
15.09
12.179
32.027
Financial autonomy
59.493
56.87
64.658
61.567
39.908
Repayment capacity
0.384
0.558
0.861
0.572
2.155
Cash flow / Revenue
17.25%
10.982%
8.604%
9.47%
6.477%
Sector positioning
Ratio de endeudamiento
32.032024
2022
2023
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Average+18 pts over 3 years
En 2024, el ratio de endeudamiento de AS2TC (32.03) se sitúa por encima de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Un esfuerzo de reducción podría mejorar la solidez financiera.
Autonomía financiera
39.91%2024
2022
2023
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Bueno-24 pts over 3 years
En 2024, el autonomía financiera de AS2TC (39.9%) se sitúa por encima de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Esta posición cómoda ofrece un margen de seguridad apreciable.
Capacidad de reembolso
2.15 ans2024
2022
2023
2024
Q1: 0.0 ans
Med: 0.19 ans
Q3: 1.55 ans
Vigilar+18 pts over 3 years
En 2024, el capacidad de reembolso de AS2TC (2.1 ans) se sitúa en el top 25% del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Una duración larga puede señalar deuda pesada relativa a la capacidad de pago.
Liquidity ratios
El ratio de liquidez se sitúa en 159.87. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 7.1x. El resultado de explotación cubre muy ampliamente los gastos financieros.
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
159.865
Interest coverage (2024)
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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
7.077
Liquidity indicators evolution AS2TC
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2021
2022
2023
2024
Liquidity ratio
210.874
209.81
284.877
249.733
159.865
Interest coverage
0.259
0.616
0.956
3.091
7.077
Sector positioning
Ratio de liquidez
159.872024
2022
2023
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Average-44 pts over 3 years
En 2024, el ratio de liquidez de AS2TC (159.87) se sitúa por debajo de la mediana del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Una mejora fortalecería la posición competitiva.
Cobertura de intereses
7.08x2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.23x
Excelente+18 pts over 3 years
En 2024, el cobertura de intereses de AS2TC (7.1x) se sitúa en el top 25% del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Alta cobertura significa que los gastos financieros pesan poco en la rentabilidad.
Working capital requirement (WCR) and payment terms
El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 177 días. Plazo proveedores: 157 días. La empresa debe financiar 20 días de desfase. La rotación de existencias es de 25 días. Rotación rápida, señal de buena gestión de existencias. El FM representa 205 días de ingresos. En 2019-2024, el FM aumentó en +431%.
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
595 309 €
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
177 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
157 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
25 j
WCR in days of revenue (2024)
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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
205 j
WCR and payment terms evolution AS2TC
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2021
2022
2023
2024
Operating WCR
112 124 €
235 639 €
193 676 €
293 220 €
595 309 €
Inventory turnover (days)
8
8
9
7
25
Customer payment term (days)
74
93
87
108
177
Supplier payment term (days)
70
37
42
76
157
Positioning of AS2TC in its sector
Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie
Valuation estimate
Based on 98 transactions of similar company sales
(all years),
the value of AS2TC is estimated at
132 245 €
(range 60 337€ - 285 348€).
With an EBITDA of 88 472€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
Estimated enterprise value2024
98 tx
60k€132k€285k€
132 245 €Range: 60 337€ - 285 348€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
88 472 €×1.0x
Estimation85 994 €
48 893€ - 271 402€
Revenue Multiple30%
1 044 201 €×0.18x
Estimation188 409 €
81 872€ - 289 951€
Net Income Multiple20%
59 052 €×2.8x
Estimation163 631 €
56 649€ - 313 311€
How is this estimate calculated?
This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)
Compare AS2TC with other companies in the same sector:
Yes, AS2TC generated a net profit of 59 k€ in 2024.
Where is the headquarters of AS2TC ?
The headquarters of AS2TC is located in SAINT-ANDRE-SUR-ORNE (14320), in the department Calvados.
Where to find the tax return of AS2TC ?
The tax return of AS2TC 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 AS2TC operate?
AS2TC operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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