SIREN : 518100052
HEAVEN ASSURANCES is a French company founded 16 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in ANTIBES (06600), this company of category PME shows in 2023 a revenue of 475 k€. 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 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 475 481 € | 461 843 € | 414 733 € | 401 204 € | 416 641 € | 360 329 € | 369 878 € |
| Net income | 61 892 € | 76 858 € | 45 021 € | 48 882 € | 33 387 € | 26 540 € | 55 846 € |
| EBITDA | 95 490 € | 61 777 € | 55 722 € | 88 930 € | 66 811 € | 49 627 € | 90 579 € |
| Net margin | 13.0% | 16.6% | 10.9% | 12.2% | 8.0% | 7.4% | 15.1% |
In 2023, HEAVEN ASSURANCES achieves revenue of 475 k€. Revenue is growing positively over 7 years (CAGR: +3.7%). Vs 2021: +3%. After deducting consumption (0 €), gross margin stands at 475 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 95 k€, representing 20.1% of revenue. Positive scissor effect: EBITDA margin improves by +6.7 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 62 k€, i.e. 13.0% of revenue. This profit can be retained or distributed to shareholders.
475 481 €
475 481 €
95 490 €
73 626 €
61 892 €
20.1%
The debt ratio (= Financial debt / Equity x 100) stands at 6%. 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 86%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 17.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
6.047%
85.583%
17.639%
0.314
36.2%
In 2023, the debt ratio of HEAVEN ASSURANCES (6.05) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of HEAVEN ASSURANCES (85.6%) 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.
In 2023, the repayment capacity of HEAVEN ASSURANCES (0.31) 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 855.26. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
855.259
0.0
In 2023, the liquidity ratio of HEAVEN ASSURANCES (855.26) 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.
In 2023, the interest coverage of HEAVEN ASSURANCES (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. Favorable situation: supplier credit is longer than customer credit by 30 days. WCR is negative (-23 days): operations structurally generate cash. Over 2016-2023, WCR increased by +62%, requiring additional financing.
-30 835 €
2 j
32 j
0 j
-23 j
Based on 193 transactions of similar company sales (all years), the value of HEAVEN ASSURANCES is estimated at 222 854 € (range 65 794€ - 669 426€). With an EBITDA of 95 490€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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 193 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 HEAVEN ASSURANCES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of HEAVEN ASSURANCES in 2023 is 475 k€.
Yes, HEAVEN ASSURANCES generated a net profit of 62 k€ in 2023.
The headquarters of HEAVEN ASSURANCES is located in ANTIBES (06600), in the department Alpes-Maritimes.
The tax return of HEAVEN ASSURANCES 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).
HEAVEN ASSURANCES 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.