UHLEN COURTAGE ASSURANCES : revenue, balance sheet and financial ratios

UHLEN COURTAGE ASSURANCES is a French company founded 5 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in LIMOGES (87100), this company of category PME shows in 2022 a revenue of 295 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

Financial history - UHLEN COURTAGE ASSURANCES (SIREN 884496845)
Indicator 2022 2021
Revenue 295 221 € 305 802 €
Net income 9 706 € -116 721 €
EBITDA 24 100 € -103 850 €
Net margin 3.3% -38.2%

Revenue and income statement

In 2022, UHLEN COURTAGE ASSURANCES achieves revenue of 295 k€. Slight decline of -3% vs 2021. After deducting consumption (0 €), gross margin stands at 295 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 24 k€, representing 8.2% of revenue. Positive scissor effect: EBITDA margin improves by +42.1 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 10 k€, i.e. 3.3% 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

295 221 €

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

295 221 €

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

24 100 €

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

19 701 €

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

9 706 €

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

8.2%

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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 -688%. 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 92%. 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 59.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

-688.223%

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

91.93%

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

4.031%

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

59.068

Asset age ratio (2022) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

90.3%

Solvency indicators evolution
UHLEN COURTAGE ASSURANCES

Sector positioning

Debt ratio
-688.22 2022
2021
2022
Q1: 0.03
Med: 12.59
Q3: 62.94
Excellent

In 2022, the debt ratio of UHLEN COURTAGE ASSURANCES (-688.22) 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
91.93% 2022
2021
2022
Q1: 17.59%
Med: 47.12%
Q3: 73.71%
Excellent

In 2022, the financial autonomy of UHLEN COURTAGE ASSURANCES (91.9%) 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
59.07 years 2022
2021
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 2.38 years
Watch +52 pts over 2 years

In 2022, the repayment capacity of UHLEN COURTAGE ASSURANCES (59.07) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 16.35. 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 24.4x. Operating income very largely covers interest expenses: high safety margin.

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

16.353

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

24.432

Liquidity indicators evolution
UHLEN COURTAGE ASSURANCES

Sector positioning

Liquidity ratio
16.35 2022
2021
2022
Q1: 118.8
Med: 232.91
Q3: 512.08
Watch

In 2022, the liquidity ratio of UHLEN COURTAGE ASSURANCES (16.35) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
24.43x 2022
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.08x
Excellent +50 pts over 2 years

In 2022, the interest coverage of UHLEN COURTAGE ASSURANCES (24.4x) 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) 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: 229 days. Excellent situation: suppliers finance 229 days of the operating cycle (retail model). WCR is negative (-208 days): operations structurally generate cash.

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

-170 266 €

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

229 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

-208 j

WCR and payment terms evolution
UHLEN COURTAGE ASSURANCES

Positioning of UHLEN COURTAGE ASSURANCES 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 UHLEN COURTAGE ASSURANCES is estimated at 105 505 € (range 29 880€ - 254 125€). With an EBITDA of 24 100€, 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
29k€ 105k€ 254k€
105 505 € Range: 29 880€ - 254 125€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
24 100 € × 1.2x
Estimation 29 177 €
7 536€ - 148 927€
Revenue Multiple 30%
295 221 € × 0.98x
Estimation 290 033 €
80 881€ - 539 412€
Net Income Multiple 20%
9 706 € × 2.0x
Estimation 19 535 €
9 240€ - 89 195€

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 UHLEN COURTAGE ASSURANCES with other companies in the same sector:

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

Frequently asked questions about UHLEN COURTAGE ASSURANCES

What is the revenue of UHLEN COURTAGE ASSURANCES ?

The revenue of UHLEN COURTAGE ASSURANCES in 2022 is 295 k€.

Is UHLEN COURTAGE ASSURANCES profitable?

Yes, UHLEN COURTAGE ASSURANCES generated a net profit of 10 k€ in 2022.

Where is the headquarters of UHLEN COURTAGE ASSURANCES ?

The headquarters of UHLEN COURTAGE ASSURANCES is located in LIMOGES (87100), in the department Haute-Vienne.

Where to find the tax return of UHLEN COURTAGE ASSURANCES ?

The tax return of UHLEN COURTAGE 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).

In which sector does UHLEN COURTAGE ASSURANCES operate?

UHLEN COURTAGE 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.