SIREN : 451101380
ASPAR is a French company founded 22 years ago, specialized in the sector Location de logements. Based in BIARRITZ (64200), this company of category PME shows in 2021 a revenue of 16 k€. 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
| Indicator | 2021 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 15 831 € | 22 897 € | 30 025 € | 30 744 € |
| Net income | -1 826 € | -9 983 € | -15 575 € | -2 944 € |
| EBITDA | 3 861 € | 16 128 € | 19 812 € | 23 274 € |
| Net margin | -11.5% | -43.6% | -51.9% | -9.6% |
In 2021, ASPAR achieves revenue of 16 k€. Revenue is declining over the period 2016-2021 (CAGR: -12.4%). Significant drop of -31% vs 2018. After deducting consumption (0 €), gross margin stands at 16 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 4 k€, representing 24.4% of revenue. Warning negative scissor effect: despite revenue change (-31%), EBITDA varies by -76%, reducing margin by 46.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -2 k€ (-11.5% of revenue), which will impact equity.
15 831 €
15 831 €
3 861 €
-5 478 €
-1 826 €
24.4%
The debt ratio (= Financial debt / Equity x 100) stands at 1238%. 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 88%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 47.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1238.088%
87.734%
47.451%
0.0
24.0%
In 2021, the debt ratio of ASPAR (1238.09) 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 2021, the financial autonomy of ASPAR (87.7%) 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.
In 2021, the repayment capacity of ASPAR (0.00) 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 15.20. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
15.202
0.0
In 2021, the liquidity ratio of ASPAR (15.20) 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.
In 2021, the interest coverage of ASPAR (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. Favorable situation: supplier credit is longer than customer credit by 3 days. WCR is negative (-1113 days): operations structurally generate cash. Over 2016-2021, WCR increased by +91%, requiring additional financing.
-48 959 €
78 j
81 j
0 j
-1113 j
Based on 178 transactions of similar company sales in 2021, the value of ASPAR is estimated at 15 574 € (range 7 006€ - 29 895€). With an EBITDA of 3 861€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.70x (in line with sector norms). 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 178 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 ASPAR with other companies in the same sector:
Voir toutes les statistiques du secteur Location de logements
The revenue of ASPAR in 2021 is 16 k€.
ASPAR recorded a net loss in 2021.
The headquarters of ASPAR is located in BIARRITZ (64200), in the department Pyrenees-Atlantiques.
The tax return of ASPAR 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).
ASPAR operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.