ASSIST DEPAN MAGOT BERGERAC ADMB : revenue, balance sheet and financial ratios

In 2024, ASSIST DEPAN MAGOT BERGERAC ADMB achieves revenue of 472 k€. Activity remains stable over the period (CAGR: -4.3%). Significant drop of -17% vs 2023. After deducting consumption (145 k€), gross margin stands at 327 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 0.7% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -90%, reducing margin by 5.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -7 k€ (-1.6% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 81%. 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 9.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 898.83. 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 40.0x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. The company must finance 11 days of gap between collections and payments. Inventory turnover is 92 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 117 days of revenue, i.e. 154 k€ to permanently finance. Over 2016-2024, WCR increased by +38%, requiring additional financing.

Based on 104 transactions of similar company sales (all years), the value of ASSIST DEPAN MAGOT BERGERAC ADMB is estimated at 49 841 € (range 26 931€ - 128 234€). With an EBITDA of 3 505€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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.