ASSURANCES ICHTERS - HASENFRATZ - MESNAGER : revenue, balance sheet and financial ratios

ASSURANCES ICHTERS - HASENFRATZ - MESNAGER is a French company founded 8 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in KINGERSHEIM (68260), this company of category PME shows in 2020 a revenue of 1.2 M€. 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

Financial history - ASSURANCES ICHTERS - HASENFRATZ - MESNAGER (SIREN 833844046)
Indicator 2023 2020 2019 2018
Revenue N/C 1 231 889 € 1 246 208 € 1 078 824 €
Net income 106 959 € 146 023 € 119 636 € 133 811 €
EBITDA N/C 233 598 € 183 995 € 157 133 €
Net margin N/C 11.9% 9.6% 12.4%

Revenue and income statement

In 2023, ASSURANCES ICHTERS - HASENFRATZ - MESNAGER generates positive net income of 107 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 134 k€ -> 107 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

106 959 €

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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 115%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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

114.582%

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

42.839%

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

19.4%

Solvency indicators evolution
ASSURANCES ICHTERS - HASENFRATZ - MESNAGER

Sector positioning

Debt ratio
114.58 2023
2019
2020
2023
Q1: 0.0
Med: 8.57
Q3: 49.54
Average

In 2023, the debt ratio of ASSURANCES ICHTERS - HASE... (114.58) 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
42.84% 2023
2019
2020
2023
Q1: 14.09%
Med: 47.17%
Q3: 74.18%
Average +22 pts over 3 years

In 2023, the financial autonomy of ASSURANCES ICHTERS - HASE... (42.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
8.55 years 2020
2019
2020
Q1: 0.0 years
Med: 0.11 years
Q3: 2.33 years
Average

In 2020, the repayment capacity of ASSURANCES ICHTERS - HASE... (8.55) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 123.83. 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

123.833

Liquidity indicators evolution
ASSURANCES ICHTERS - HASENFRATZ - MESNAGER

Sector positioning

Liquidity ratio
123.83 2023
2019
2020
2023
Q1: 123.56
Med: 243.64
Q3: 585.03
Average -12 pts over 3 years

In 2023, the liquidity ratio of ASSURANCES ICHTERS - HASE... (123.83) 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.

Interest coverage
4.49x 2020
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Excellent

In 2020, the interest coverage of ASSURANCES ICHTERS - HASE... (4.5x) 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 ICHTERS - HASENFRATZ - MESNAGER

Positioning of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER 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 ICHTERS - HASENFRATZ - MESNAGER is estimated at 215 273 € (range 101 828€ - 982 914€). 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
101k€ 215k€ 982k€
215 273 € Range: 101 828€ - 982 914€
NAF 5 all-time

Valuation method used

Net Income Multiple
106 959 € × 2.0x = 215 273 €
Range: 101 828€ - 982 915€

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 ICHTERS - HASENFRATZ - MESNAGER with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about ASSURANCES ICHTERS - HASENFRATZ - MESNAGER

What is the revenue of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER ?

The revenue of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER in 2020 is 1.2 M€.

Is ASSURANCES ICHTERS - HASENFRATZ - MESNAGER profitable?

Yes, ASSURANCES ICHTERS - HASENFRATZ - MESNAGER generated a net profit of 107 k€ in 2023.

Where is the headquarters of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER ?

The headquarters of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER is located in KINGERSHEIM (68260), in the department Haut-Rhin.

Where to find the tax return of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER ?

The tax return of ASSURANCES ICHTERS - HASENFRATZ - MESNAGER 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 ICHTERS - HASENFRATZ - MESNAGER operate?

ASSURANCES ICHTERS - HASENFRATZ - MESNAGER 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.