SIREN : 422116657
SFAP is a French company founded 27 years ago, specialized in the sector Activités des sociétés holding. Based in MARSSAC-SUR-TARN (81150), this company of category PME shows in 2023 a revenue of 106 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 600 € | 96 000 € | 96 000 € | 96 000 € | 96 000 € | 96 000 € | 96 000 € | 48 000 € |
| Net income | 85 478 € | 393 973 € | 299 971 € | 282 661 € | 269 084 € | 184 352 € | 369 889 € | -236 821 € |
| EBITDA | 15 081 € | -67 684 € | -3 809 € | -3 541 € | -3 239 € | -954 € | -12 270 € | -193 661 € |
| Net margin | 80.9% | 410.4% | 312.5% | 294.4% | 280.3% | 192.0% | 385.3% | -493.4% |
In 2023, SFAP achieves revenue of 106 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +11.9%. Vs 2022: +10%. After deducting consumption (1 €), gross margin stands at 106 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 15 k€, representing 14.3% of revenue. Positive scissor effect: EBITDA margin improves by +84.8 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 85 k€, i.e. 80.9% of revenue. This profit can be retained or distributed to shareholders.
105 600 €
105 599 €
15 081 €
13 634 €
85 478 €
14.3%
The debt ratio (= Financial debt / Equity x 100) stands at 17%. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 6.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 82.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
16.566%
83.639%
82.379%
6.873
4.5%
In 2023, the debt ratio of SFAP (16.57) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of SFAP (83.6%) 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.
In 2023, the repayment capacity of SFAP (6.87) 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 295.53. 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 192.0x. Operating income very largely covers interest expenses: high safety margin.
295.533
191.977
In 2023, the liquidity ratio of SFAP (295.53) 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.
In 2023, the interest coverage of SFAP (192.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1008 days. Excellent situation: suppliers finance 952 days of the operating cycle (retail model). Overall, WCR represents 932 days of revenue, i.e. 273 k€ to permanently finance. Over 2016-2023, WCR increased by +53%, requiring additional financing.
273 240 €
56 j
1008 j
0 j
932 j
Based on 63 transactions of similar company sales
in 2023,
the value of SFAP is estimated at
201 537 €
(range 47 264€ - 317 884€).
With an EBITDA of 15 081€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.24x
(conservative valuation).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 63 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 SFAP with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of SFAP in 2023 is 106 k€.
Yes, SFAP generated a net profit of 85 k€ in 2023.
The headquarters of SFAP is located in MARSSAC-SUR-TARN (81150), in the department Tarn.
The tax return of SFAP 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).
SFAP operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.