FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM : revenue, balance sheet and financial ratios

FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM is a French company founded 24 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in PARIS (75016), this company of category PME shows in 2023 a revenue of 27.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM (SIREN 438302044)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 27 282 209 € 23 755 851 € 21 293 049 € 18 972 691 € 18 976 474 € 19 273 826 € 14 841 763 € 16 557 290 €
Net income 410 464 € 273 458 € 220 597 € 165 819 € 226 498 € 255 292 € 278 047 € 397 905 €
EBITDA 502 011 € 1 139 483 € 1 065 416 € 515 136 € 876 298 € 332 356 € 666 893 € 1 327 654 €
Net margin 1.5% 1.2% 1.0% 0.9% 1.2% 1.3% 1.9% 2.4%

Revenue and income statement

In 2023, FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM achieves revenue of 27.3 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2022, growth of +15% (23.8 M€ -> 27.3 M€). After deducting consumption (-9 €), gross margin stands at 27.3 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 502 k€, representing 1.8% of revenue. Warning negative scissor effect: despite revenue change (+15%), EBITDA varies by -56%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 410 k€, i.e. 1.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

27 282 209 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

27 282 218 €

EBITDA (2023) ?
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

502 011 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

697 678 €

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

410 464 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.8%

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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 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

0.074%

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

21.096%

Cash flow / Revenue (2023) ?
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

0.783%

Repayment capacity (2023) ?
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

0.01

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

32.5%

Solvency indicators evolution
FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM

Sector positioning

Debt ratio
0.07 2023
2021
2022
2023
Q1: 0.0
Med: 9.97
Q3: 74.85
Good

In 2023, the debt ratio of FRENCH INVESTMENT PORTFOL... (0.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
21.1% 2023
2021
2022
2023
Q1: 3.23%
Med: 14.49%
Q3: 45.56%
Good

In 2023, the financial autonomy of FRENCH INVESTMENT PORTFOL... (21.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.01 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.12 years
Q3: 3.45 years
Good

In 2023, the repayment capacity of FRENCH INVESTMENT PORTFOL... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 110.53. 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 3.0x. Financial charges are adequately covered by operations.

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

110.53

Interest coverage (2023) ?
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

3.041

Liquidity indicators evolution
FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM

Sector positioning

Liquidity ratio
110.53 2023
2021
2022
2023
Q1: 99.92
Med: 115.96
Q3: 423.66
Average

In 2023, the liquidity ratio of FRENCH INVESTMENT PORTFOL... (110.53) 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
3.04x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 6.25x
Good

In 2023, the interest coverage of FRENCH INVESTMENT PORTFOL... (3.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 127 days. Excellent situation: suppliers finance 73 days of the operating cycle (retail model). Overall, WCR represents 33 days of revenue, i.e. 2.5 M€ to permanently finance.

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

2 496 595 €

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

54 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

127 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 in days of revenue (2023) ?
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

33 j

WCR and payment terms evolution
FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM

Positioning of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (20 transactions). This range of 1 653 301€ to 5 973 389€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
1653k€ 1977k€ 5973k€
1 977 100 € Range: 1 653 301€ - 5 973 389€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 20 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 (Administration d'immeubles et autres biens immobiliers)

Compare FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM

What is the revenue of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM ?

The revenue of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM in 2023 is 27.3 M€.

Is FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM profitable?

Yes, FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM generated a net profit of 410 k€ in 2023.

Where is the headquarters of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM ?

The headquarters of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM is located in PARIS (75016), in the department Paris.

Where to find the tax return of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM ?

The tax return of FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM 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 FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM operate?

FRENCH INVESTMENT PORTFOLIO ASSET MANAGEMENT PAR AVREVIATION FIPAM operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.