AXANCE TECHNOLOGY : revenue, balance sheet and financial ratios

AXANCE TECHNOLOGY is a French company founded 10 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in LEVALLOIS-PERRET (92300), this company of category ETI shows in 2024 a revenue of 1.6 M€. 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

Financial history - AXANCE TECHNOLOGY (SIREN 814177432)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 628 145 € 7 837 298 € 6 576 563 € 6 178 291 € 6 788 424 € 7 699 097 € 6 959 022 € 4 853 708 € 1 574 503 €
Net income -49 568 € 514 607 € -1 100 955 € -1 039 804 € -1 854 998 € 330 693 € 881 228 € 1 020 710 € -217 980 €
EBITDA 27 958 € 573 417 € -929 996 € -1 377 914 € -1 106 224 € 277 752 € 1 193 987 € 938 274 € -312 958 €
Net margin -3.0% 6.6% -16.7% -16.8% -27.3% 4.3% 12.7% 21.0% -13.8%

Revenue and income statement

In 2024, AXANCE TECHNOLOGY achieves revenue of 1.6 M€. Revenue is growing positively over 9 years (CAGR: +0.4%). Significant drop of -79% vs 2023. After deducting consumption (0 €), gross margin stands at 1.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 1.7% of revenue. Warning negative scissor effect: despite revenue change (-79%), EBITDA varies by -95%, reducing margin by 5.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -50 k€ (-3.0% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 628 145 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 628 145 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

27 958 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

108 333 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-49 568 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.7%

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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%. 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 -286%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-114.587%

Financial autonomy (2024) ?
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

-285.742%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-10.174%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-16.253

Asset age ratio (2024) ?
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

17.6%

Solvency indicators evolution
AXANCE TECHNOLOGY

Sector positioning

Debt ratio
-114.59 2024
2022
2023
2024
Q1: 0.0
Med: 3.93
Q3: 32.58
Excellent

In 2024, the debt ratio of AXANCE TECHNOLOGY (-114.59) 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.

Financial autonomy
-285.74% 2024
2022
2023
2024
Q1: 7.97%
Med: 34.38%
Q3: 62.44%
Watch

In 2024, the financial autonomy of AXANCE TECHNOLOGY (-285.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-16.25 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.5 years
Excellent

In 2024, the repayment capacity of AXANCE TECHNOLOGY (-16.25) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 171.29. 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 432.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

171.295

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

432.012

Liquidity indicators evolution
AXANCE TECHNOLOGY

Sector positioning

Liquidity ratio
171.29 2024
2022
2023
2024
Q1: 141.9
Med: 230.48
Q3: 460.89
Average +8 pts over 3 years

In 2024, the liquidity ratio of AXANCE TECHNOLOGY (171.29) 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
432.01x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.04x
Excellent +50 pts over 3 years

In 2024, the interest coverage of AXANCE TECHNOLOGY (432.0x) 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. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. The gap of 53 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 91 days of revenue, i.e. 410 k€ to permanently finance.

Operating WCR (2024) ?
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

409 511 €

Customer credit (2024) ?
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

78 j

Supplier credit (2024) ?
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

25 j

Inventory turnover (2024) ?
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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

91 j

WCR and payment terms evolution
AXANCE TECHNOLOGY

Positioning of AXANCE TECHNOLOGY in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of AXANCE TECHNOLOGY is estimated at 115 068 € (range 59 014€ - 254 434€). With an EBITDA of 27 958€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (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.

Estimated enterprise value 2024
215 transactions
59k€ 115k€ 254k€
115 068 € Range: 59 014€ - 254 434€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
27 958 € × 1.0x
Estimation 27 305 €
10 313€ - 120 668€
Revenue Multiple 30%
1 628 145 € × 0.16x
Estimation 261 339 €
140 183€ - 477 377€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Conseil en systèmes et logiciels informatiques)

Compare AXANCE TECHNOLOGY with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about AXANCE TECHNOLOGY

What is the revenue of AXANCE TECHNOLOGY ?

The revenue of AXANCE TECHNOLOGY in 2024 is 1.6 M€.

Is AXANCE TECHNOLOGY profitable?

AXANCE TECHNOLOGY recorded a net loss in 2024.

Where is the headquarters of AXANCE TECHNOLOGY ?

The headquarters of AXANCE TECHNOLOGY is located in LEVALLOIS-PERRET (92300), in the department Hauts-de-Seine.

Where to find the tax return of AXANCE TECHNOLOGY ?

The tax return of AXANCE TECHNOLOGY 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 AXANCE TECHNOLOGY operate?

AXANCE TECHNOLOGY operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.