SERV TECHN ASSUR MODERNES EUROPCOURTAGE : revenue, balance sheet and financial ratios

SERV TECHN ASSUR MODERNES EUROPCOURTAGE is a French company founded 70 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in SCHILTIGHEIM (67300), this company of category GE shows in 2022 a revenue of 136 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

Financial history - SERV TECHN ASSUR MODERNES EUROPCOURTAGE (SIREN 568501993)
Indicator 2022 2021 2020 2019 2017 2016
Revenue 136 086 € 1 300 064 € 1 360 796 € 1 780 106 € 2 053 104 € 2 222 234 €
Net income 130 400 € 549 674 € -426 929 € -175 305 € 54 065 € 144 265 €
EBITDA 128 980 € -176 837 € -428 597 € -192 775 € 62 533 € 191 720 €
Net margin 95.8% 42.3% -31.4% -9.8% 2.6% 6.5%

Revenue and income statement

In 2022, SERV TECHN ASSUR MODERNES EUROPCOURTAGE achieves revenue of 136 k€. Revenue is declining over the period 2016-2022 (CAGR: -37.2%). Significant drop of -90% vs 2021. After deducting consumption (5 €), gross margin stands at 136 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 129 k€, representing 94.8% of revenue. Positive scissor effect: EBITDA margin improves by +108.4 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 130 k€, i.e. 95.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

136 086 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

136 081 €

EBITDA (2022) ?
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

128 980 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

130 461 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

130 400 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

94.8%

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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 80%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 95.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
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 (2022) ?
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

80.499%

Cash flow / Revenue (2022) ?
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

95.822%

Repayment capacity (2022) ?
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

0.0

Solvency indicators evolution
SERV TECHN ASSUR MODERNES EUROPCOURTAGE

Sector positioning

Debt ratio
0.0 2022
2020
2021
2022
Q1: 0.03
Med: 12.53
Q3: 62.73
Excellent

In 2022, the debt ratio of SERV TECHN ASSUR MODERNES... (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
80.5% 2022
2020
2021
2022
Q1: 17.6%
Med: 47.13%
Q3: 73.76%
Excellent +50 pts over 3 years

In 2022, the financial autonomy of SERV TECHN ASSUR MODERNES... (80.5%) 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
2020
2021
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 2.36 years
Excellent

In 2022, the repayment capacity of SERV TECHN ASSUR MODERNES... (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 511.97. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

511.97

Interest coverage (2022) ?
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

0.118

Liquidity indicators evolution
SERV TECHN ASSUR MODERNES EUROPCOURTAGE

Sector positioning

Liquidity ratio
511.97 2022
2020
2021
2022
Q1: 119.04
Med: 233.39
Q3: 514.95
Good +50 pts over 3 years

In 2022, the liquidity ratio of SERV TECHN ASSUR MODERNES... (511.97) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.12x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.08x
Good +26 pts over 3 years

In 2022, the interest coverage of SERV TECHN ASSUR MODERNES... (0.1x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 8 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Overall, WCR represents 558 days of revenue, i.e. 211 k€ to permanently finance. Over 2016-2022, WCR increased by +108%, requiring additional financing.

Operating WCR (2022) ?
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

211 101 €

Customer credit (2022) ?
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 (2022) ?
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

8 j

Inventory turnover (2022) ?
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 (2022) ?
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

558 j

WCR and payment terms evolution
SERV TECHN ASSUR MODERNES EUROPCOURTAGE

Positioning of SERV TECHN ASSUR MODERNES EUROPCOURTAGE in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of SERV TECHN ASSUR MODERNES EUROPCOURTAGE is estimated at 170 673 € (range 56 179€ - 712 778€). With an EBITDA of 128 980€, 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.

Estimated enterprise value 2022
193 transactions
56k€ 170k€ 712k€
170 673 € Range: 56 179€ - 712 778€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
128 980 € × 1.2x
Estimation 156 150 €
40 332€ - 797 035€
Revenue Multiple 30%
136 086 € × 0.98x
Estimation 133 695 €
37 283€ - 248 649€
Net Income Multiple 20%
130 400 € × 2.0x
Estimation 262 452 €
124 145€ - 1 198 329€

Valuation evolution

How is this estimate calculated?

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.

  • 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 (Activités des agents et courtiers d'assurances)

Compare SERV TECHN ASSUR MODERNES EUROPCOURTAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about SERV TECHN ASSUR MODERNES EUROPCOURTAGE

What is the revenue of SERV TECHN ASSUR MODERNES EUROPCOURTAGE ?

The revenue of SERV TECHN ASSUR MODERNES EUROPCOURTAGE in 2022 is 136 k€.

Is SERV TECHN ASSUR MODERNES EUROPCOURTAGE profitable?

Yes, SERV TECHN ASSUR MODERNES EUROPCOURTAGE generated a net profit of 130 k€ in 2022.

Where is the headquarters of SERV TECHN ASSUR MODERNES EUROPCOURTAGE ?

The headquarters of SERV TECHN ASSUR MODERNES EUROPCOURTAGE is located in SCHILTIGHEIM (67300), in the department Bas-Rhin.

Where to find the tax return of SERV TECHN ASSUR MODERNES EUROPCOURTAGE ?

The tax return of SERV TECHN ASSUR MODERNES EUROPCOURTAGE 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 SERV TECHN ASSUR MODERNES EUROPCOURTAGE operate?

SERV TECHN ASSUR MODERNES EUROPCOURTAGE 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.