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ASSURANCES CHARLET ETIENNE : revenue, balance sheet and financial ratios

ASSURANCES CHARLET ETIENNE is a French company founded 18 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in SAINT-MARTIN-LEZ-TATINGHEM (62500), this company of category PME shows in 2022 a revenue of 871 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - ASSURANCES CHARLET ETIENNE (SIREN 501810188)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 871 099 € N/C N/C N/C N/C N/C N/C
Net income 65 676 € 295 247 € 244 550 € 167 836 € 88 991 € 48 457 € 27 050 € 40 658 €
EBITDA N/C 95 927 € N/C N/C N/C N/C N/C N/C
Net margin N/C 33.9% N/C N/C N/C N/C N/C N/C

Revenue and income statement

In 2023, ASSURANCES CHARLET ETIENNE generates positive net income of 66 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 41 k€ -> 66 k€.

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

65 676 €

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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 25%. 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 75%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

25.421%

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

75.053%

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

26.6%

Solvency indicators evolution
ASSURANCES CHARLET ETIENNE

Sector positioning

Debt ratio
25.42 2023
2021
2022
2023
Q1: 0.0
Med: 8.57
Q3: 49.39
Average

In 2023, the debt ratio of ASSURANCES CHARLET ETIENNE (25.42) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
75.05% 2023
2021
2022
2023
Q1: 14.03%
Med: 47.19%
Q3: 74.22%
Excellent

In 2023, the financial autonomy of ASSURANCES CHARLET ETIENNE (75.0%) 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.

Repayment capacity
69.35 years 2022
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 2.36 years
Watch

In 2022, the repayment capacity of ASSURANCES CHARLET ETIENNE (69.35) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 644.93. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

644.927

Liquidity indicators evolution
ASSURANCES CHARLET ETIENNE

Sector positioning

Liquidity ratio
644.93 2023
2021
2022
2023
Q1: 123.62
Med: 243.64
Q3: 585.08
Excellent +16 pts over 3 years

In 2023, the liquidity ratio of ASSURANCES CHARLET ETIENNE (644.93) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
5.53x 2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.08x
Excellent

In 2022, the interest coverage of ASSURANCES CHARLET ETIENNE (5.5x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
ASSURANCES CHARLET ETIENNE

Positioning of ASSURANCES CHARLET ETIENNE in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of ASSURANCES CHARLET ETIENNE is estimated at 132 184 € (range 62 525€ - 603 538€). 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.

Estimated enterprise value 2023
193 transactions
62k€ 132k€ 603k€
132 184 € Range: 62 525€ - 603 538€
NAF 5 all-time

Valuation method used

Net Income Multiple
65 676 € × 2.0x = 132 184 €
Range: 62 526€ - 603 539€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 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 (Activités des agents et courtiers d'assurances)

Compare ASSURANCES CHARLET ETIENNE with other companies in the same sector:

Frequently asked questions about ASSURANCES CHARLET ETIENNE

What is the revenue of ASSURANCES CHARLET ETIENNE ?

The revenue of ASSURANCES CHARLET ETIENNE in 2022 is 871 k€.

Is ASSURANCES CHARLET ETIENNE profitable?

Yes, ASSURANCES CHARLET ETIENNE generated a net profit of 66 k€ in 2023.

Where is the headquarters of ASSURANCES CHARLET ETIENNE ?

The headquarters of ASSURANCES CHARLET ETIENNE is located in SAINT-MARTIN-LEZ-TATINGHEM (62500), in the department Pas-de-Calais.

Where to find the tax return of ASSURANCES CHARLET ETIENNE ?

The tax return of ASSURANCES CHARLET ETIENNE 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 ASSURANCES CHARLET ETIENNE operate?

ASSURANCES CHARLET ETIENNE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.