ADF MAINTENANCE INDUSTRIELLE : revenue, balance sheet and financial ratios

ADF MAINTENANCE INDUSTRIELLE is a French company founded 35 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in VITROLLES (13127), this company of category ETI shows in 2024 a revenue of 73.8 M€. 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

Financial history - ADF MAINTENANCE INDUSTRIELLE (SIREN 380153205)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 73 767 151 € 67 414 755 € 77 280 059 € 56 922 801 € 56 648 693 € 59 334 277 € 60 695 158 € 61 054 202 € 55 238 401 €
Net income 1 606 628 € 855 203 € 959 098 € 974 854 € -256 918 € 828 833 € 813 664 € 1 856 903 € 1 281 542 €
EBITDA 2 019 144 € 2 317 938 € 1 196 387 € 1 220 325 € -8 124 € 1 420 194 € 1 570 787 € 2 305 491 € 1 796 101 €
Net margin 2.2% 1.3% 1.2% 1.7% -0.5% 1.4% 1.3% 3.0% 2.3%

Revenue and income statement

In 2024, ADF MAINTENANCE INDUSTRIELLE achieves revenue of 73.8 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Vs 2023: +9%. After deducting consumption (2.4 M€), gross margin stands at 71.3 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.0 M€, representing 2.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.6 M€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

73 767 151 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

71 331 350 €

EBITDA (2024) ?
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

2 019 144 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 771 434 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 606 628 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.7%

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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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 0.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.492%

Financial autonomy (2024) ?
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

7.423%

Cash flow / Revenue (2024) ?
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

0.723%

Repayment capacity (2024) ?
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

Asset age ratio (2024) ?
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

41.9%

Solvency indicators evolution
ADF MAINTENANCE INDUSTRIELLE

Sector positioning

Debt ratio
0.49 2024
2022
2023
2024
Q1: 2.87
Med: 17.34
Q3: 52.01
Excellent

In 2024, the debt ratio of ADF MAINTENANCE INDUSTRIELLE (0.49) 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
7.42% 2024
2022
2023
2024
Q1: 23.1%
Med: 44.97%
Q3: 62.71%
Average

In 2024, the financial autonomy of ADF MAINTENANCE INDUSTRIELLE (7.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.31 years
Q3: 1.48 years
Excellent

In 2024, the repayment capacity of ADF MAINTENANCE INDUSTRIELLE (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 124.69. 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 21.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

124.688

Interest coverage (2024) ?
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

21.392

Liquidity indicators evolution
ADF MAINTENANCE INDUSTRIELLE

Sector positioning

Liquidity ratio
124.69 2024
2022
2023
2024
Q1: 167.32
Med: 242.93
Q3: 357.25
Watch

In 2024, the liquidity ratio of ADF MAINTENANCE INDUSTRIELLE (124.69) 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
21.39x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.55x
Q3: 3.79x
Excellent

In 2024, the interest coverage of ADF MAINTENANCE INDUSTRIELLE (21.4x) 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: 124 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 86 days of revenue, i.e. 17.7 M€ to permanently finance. Over 2016-2024, WCR increased by +60%, requiring additional financing.

Operating WCR (2024) ?
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

17 711 493 €

Customer credit (2024) ?
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

124 j

Supplier credit (2024) ?
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

110 j

Inventory turnover (2024) ?
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

8 j

WCR in days of revenue (2024) ?
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

86 j

WCR and payment terms evolution
ADF MAINTENANCE INDUSTRIELLE

Positioning of ADF MAINTENANCE INDUSTRIELLE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of ADF MAINTENANCE INDUSTRIELLE is estimated at 7 403 702 € (range 4 163 171€ - 19 995 168€). With an EBITDA of 2 019 144€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2024
104 transactions
4163k€ 7403k€ 19995k€
7 403 702 € Range: 4 163 171€ - 19 995 168€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 019 144 € × 1.0x
Estimation 2 076 259 €
1 433 164€ - 6 792 384€
Revenue Multiple 30%
73 767 151 € × 0.27x
Estimation 19 836 278 €
10 577 560€ - 50 379 369€
Net Income Multiple 20%
1 606 628 € × 1.3x
Estimation 2 073 449 €
1 366 609€ - 7 425 830€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare ADF MAINTENANCE INDUSTRIELLE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about ADF MAINTENANCE INDUSTRIELLE

What is the revenue of ADF MAINTENANCE INDUSTRIELLE ?

The revenue of ADF MAINTENANCE INDUSTRIELLE in 2024 is 73.8 M€.

Is ADF MAINTENANCE INDUSTRIELLE profitable?

Yes, ADF MAINTENANCE INDUSTRIELLE generated a net profit of 1.6 M€ in 2024.

Where is the headquarters of ADF MAINTENANCE INDUSTRIELLE ?

The headquarters of ADF MAINTENANCE INDUSTRIELLE is located in VITROLLES (13127), in the department Bouches-du-Rhone.

Where to find the tax return of ADF MAINTENANCE INDUSTRIELLE ?

The tax return of ADF MAINTENANCE INDUSTRIELLE 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 ADF MAINTENANCE INDUSTRIELLE operate?

ADF MAINTENANCE INDUSTRIELLE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.