SIREN : 529150542
GRITCHEN AFFINITY is a French company founded 15 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in BOURGES (18000), this company of category PME shows in 2020 a revenue of 3.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 3 594 487 € | 2 204 647 € | 1 858 198 € | 1 262 221 € |
| Net income | 813 839 € | 438 967 € | 467 523 € | 87 370 € |
| EBITDA | 1 158 753 € | -664 888 € | -453 046 € | -648 343 € |
| Net margin | 22.6% | 19.9% | 25.2% | 6.9% |
In 2020, GRITCHEN AFFINITY achieves revenue of 3.6 M€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +41.7%. Vs 2019, growth of +63% (2.2 M€ -> 3.6 M€). After deducting consumption (0 €), gross margin stands at 3.6 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 1.2 M€, representing 32.2% of revenue. Positive scissor effect: EBITDA margin improves by +62.4 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 814 k€, i.e. 22.6% of revenue. This profit can be retained or distributed to shareholders.
3 594 487 €
3 594 487 €
1 158 753 €
1 182 547 €
813 839 €
32.2%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 22%. 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 23.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1.51%
22.012%
23.676%
0.005
35.0%
In 2020, the debt ratio of GRITCHEN AFFINITY (1.51) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of GRITCHEN AFFINITY (22.0%) 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 2020, the repayment capacity of GRITCHEN AFFINITY (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 122.80. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
122.799
0.345
In 2020, the liquidity ratio of GRITCHEN AFFINITY (122.80) 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 2020, the interest coverage of GRITCHEN AFFINITY (0.3x) 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: 178 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 146 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-128 days): operations structurally generate cash. Notable WCR improvement over the period (-965%), freeing up cash.
-1 275 324 €
178 j
32 j
0 j
-128 j
Indicative estimate only : the number of comparable transactions in this sector is limited (20 transactions). This range of 3 945 554€ to 11 960 394€ is provided for information purposes only and requires in-depth analysis to be confirmed.
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare GRITCHEN AFFINITY with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of GRITCHEN AFFINITY in 2020 is 3.6 M€.
Yes, GRITCHEN AFFINITY generated a net profit of 814 k€ in 2020.
The headquarters of GRITCHEN AFFINITY is located in BOURGES (18000), in the department Cher.
The tax return of GRITCHEN AFFINITY 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).
GRITCHEN AFFINITY 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.