SIREN : 917733164
ASFOR ALPES ET MIDI is a French company founded 3 years ago, specialized in the sector Formation continue d'adultes. Based in LA SAULCE (05110), this company of category PME shows in 2024 a revenue of 299 k€. 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
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 298 877 € | 152 360 € | 20 672 € |
| Net income | 75 352 € | 62 219 € | 10 482 € |
| EBITDA | 90 793 € | 77 686 € | 12 082 € |
| Net margin | 25.2% | 40.8% | 50.7% |
In 2024, ASFOR ALPES ET MIDI achieves revenue of 299 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +280.2%. Vs 2023, growth of +96% (152 k€ -> 299 k€). After deducting consumption (0 €), gross margin stands at 299 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 91 k€, representing 30.4% of revenue. Warning negative scissor effect: despite revenue change (+96%), EBITDA varies by +17%, reducing margin by 20.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 75 k€, i.e. 25.2% of revenue. This profit can be retained or distributed to shareholders.
298 877 €
298 877 €
90 793 €
94 000 €
75 352 €
30.4%
The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 65%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
18.402%
64.589%
23.775%
0.285
In 2024, the debt ratio of ASFOR ALPES ET MIDI (18.40) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of ASFOR ALPES ET MIDI (64.6%) 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.
In 2024, the repayment capacity of ASFOR ALPES ET MIDI (0.28) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 422.89. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
422.894
0.291
In 2024, the liquidity ratio of ASFOR ALPES ET MIDI (422.89) 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 2024, the interest coverage of ASFOR ALPES ET MIDI (0.3x) 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The gap of 34 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 102 days of revenue, i.e. 85 k€ to permanently finance. Over 2022-2024, WCR increased by +749%, requiring additional financing.
84 663 €
88 j
54 j
0 j
102 j
Based on 134 transactions of similar company sales (all years), the value of ASFOR ALPES ET MIDI is estimated at 174 737 € (range 62 872€ - 558 022€). With an EBITDA of 90 793€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 134 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 ASFOR ALPES ET MIDI with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of ASFOR ALPES ET MIDI in 2024 is 299 k€.
Yes, ASFOR ALPES ET MIDI generated a net profit of 75 k€ in 2024.
The headquarters of ASFOR ALPES ET MIDI is located in LA SAULCE (05110), in the department Hautes-Alpes.
The tax return of ASFOR ALPES ET MIDI 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).
ASFOR ALPES ET MIDI operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.