AZURAD : revenue, balance sheet and financial ratios

AZURAD is a French company founded 7 years ago, specialized in the sector Programmation informatique. Based in MARSEILLE (13013), this company of category PME shows in 2022 a revenue of 185 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

Financial history - AZURAD (SIREN 840024079)
Indicator 2023 2022 2021 2020 2019 2018
Revenue N/C 184 523 € N/C 180 481 € 122 149 € 61 830 €
Net income 128 771 € 99 583 € 124 753 € 111 947 € 49 039 € 27 564 €
EBITDA N/C 111 857 € N/C 124 182 € 52 036 € 33 696 €
Net margin N/C 54.0% N/C 62.0% 40.1% 44.6%

Revenue and income statement

In 2023, AZURAD generates positive net income of 129 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 28 k€ -> 129 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

128 771 €

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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 0%. 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 84%. 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

0.0%

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

83.743%

Solvency indicators evolution
AZURAD

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 0.0
Med: 4.03
Q3: 49.58
Excellent

In 2023, the debt ratio of AZURAD (0.00) 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
83.74% 2023
2021
2022
2023
Q1: 3.98%
Med: 32.33%
Q3: 62.63%
Excellent

In 2023, the financial autonomy of AZURAD (83.7%) 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
0.0 years 2022
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 0.75 years
Excellent

In 2022, the repayment capacity of AZURAD (0.00) 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 1020.63. 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

1020.63

Liquidity indicators evolution
AZURAD

Sector positioning

Liquidity ratio
1020.63 2023
2021
2022
2023
Q1: 129.22
Med: 247.92
Q3: 487.46
Excellent

In 2023, the liquidity ratio of AZURAD (1020.63) 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
0.0x 2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.71x
Average

In 2022, the interest coverage of AZURAD (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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
AZURAD

Positioning of AZURAD in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of AZURAD is estimated at 277 175 € (range 120 277€ - 765 490€). 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
120 transactions
120k€ 277k€ 765k€
277 175 € Range: 120 277€ - 765 490€
NAF 5 all-time

Valuation method used

Net Income Multiple
128 771 € × 2.2x = 277 175 €
Range: 120 278€ - 765 491€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare AZURAD with other companies in the same sector:

Frequently asked questions about AZURAD

What is the revenue of AZURAD ?

The revenue of AZURAD in 2022 is 185 k€.

Is AZURAD profitable?

Yes, AZURAD generated a net profit of 129 k€ in 2023.

Where is the headquarters of AZURAD ?

The headquarters of AZURAD is located in MARSEILLE (13013), in the department Bouches-du-Rhone.

Where to find the tax return of AZURAD ?

The tax return of AZURAD 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 AZURAD operate?

AZURAD operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.