SIREN : 395194715
THE FIRST is a French company founded 32 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in PARIS (75016), this company of category PME shows in 2023 a revenue of 36 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 000 € | 66 000 € | 86 000 € | 36 000 € | 36 000 € | 36 000 € | 36 000 € | 36 000 € |
| Net income | -38 005 € | -6 407 € | 13 630 € | -10 289 € | -1 940 € | -13 010 € | 187 € | -7 735 € |
| EBITDA | -34 059 € | -4 857 € | 20 605 € | -7 637 € | 2 517 € | -10 573 € | -7 471 € | 4 714 € |
| Net margin | -105.6% | -9.7% | 15.8% | -28.6% | -5.4% | -36.1% | 0.5% | -21.5% |
In 2023, THE FIRST achieves revenue of 36 k€. Activity remains stable over the period (CAGR: 0.0%). Significant drop of -45% vs 2022. After deducting consumption (0 €), gross margin stands at 36 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 -34 k€, representing -94.6% of revenue. Warning negative scissor effect: despite revenue change (-45%), EBITDA varies by -601%, reducing margin by 87.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -38 k€ (-105.6% of revenue), which will impact equity.
36 000 €
36 000 €
-34 059 €
-34 744 €
-38 005 €
-94.6%
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 96%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
0.015%
95.967%
-103.669%
-0.001
49.8%
In 2023, the debt ratio of THE FIRST (0.01) 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.
In 2023, the financial autonomy of THE FIRST (96.0%) 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 THE FIRST (-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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2336.68. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
2336.675
0.0
In 2023, the liquidity ratio of THE FIRST (2336.68) 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 THE FIRST (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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 13 days. WCR is negative (-39 days): operations structurally generate cash. Notable WCR improvement over the period (-201%), freeing up cash.
-3 899 €
0 j
13 j
0 j
-39 j
Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 2 838€ to 5 778€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 45 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 THE FIRST with other companies in the same sector:
The revenue of THE FIRST in 2023 is 36 k€.
THE FIRST recorded a net loss in 2023.
The headquarters of THE FIRST is located in PARIS (75016), in the department Paris.
The tax return of THE FIRST 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).
THE FIRST operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.