SIREN : 394305999
AX is a French company founded 32 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in TOURNEFEUILLE (31170), this company of category PME shows in 2021 a revenue of 151 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 151 342 € | 137 100 € | 199 404 € | 89 710 € | 53 244 € | 229 937 € |
| Net income | 54 123 € | 32 634 € | 88 739 € | -32 167 € | -180 151 € | -127 648 € |
| EBITDA | 123 219 € | 102 633 € | 161 310 € | 54 151 € | -26 950 € | 169 082 € |
| Net margin | 35.8% | 23.8% | 44.5% | -35.9% | -338.3% | -55.5% |
In 2021, AX achieves revenue of 151 k€. Revenue is declining over the period 2016-2021 (CAGR: -8.0%). Vs 2020, growth of +10% (137 k€ -> 151 k€). After deducting consumption (0 €), gross margin stands at 151 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 123 k€, representing 81.4% of revenue. Positive scissor effect: EBITDA margin improves by +6.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 54 k€, i.e. 35.8% of revenue. This profit can be retained or distributed to shareholders.
151 342 €
151 342 €
123 219 €
63 249 €
54 123 €
81.4%
The debt ratio (= Financial debt / Equity x 100) stands at -827%. 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 -11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 75.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-827.148%
-10.989%
75.411%
6.543
43.6%
In 2021, the debt ratio of AX (-827.15) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2021, the financial autonomy of AX (-11.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of AX (6.54) 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 101.00. 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 7.4x. Operating income very largely covers interest expenses: high safety margin.
101.002
7.406
In 2021, the liquidity ratio of AX (101.00) 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 AX (7.4x) 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: 1752 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The gap of 1719 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 4 days of revenue, i.e. 2 k€ to permanently finance. Over 2016-2021, WCR increased by +32%, requiring additional financing.
1 504 €
1752 j
33 j
0 j
4 j
Based on 178 transactions of similar company sales in 2021, the value of AX is estimated at 394 000 € (range 182 231€ - 722 290€). With an EBITDA of 123 219€, 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 AX with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of AX in 2021 is 151 k€.
Yes, AX generated a net profit of 54 k€ in 2021.
The headquarters of AX is located in TOURNEFEUILLE (31170), in the department Haute-Garonne.
The tax return of AX 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).
AX operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.