APPAREILLAGE ORTHOPEDIQUE PROVENCALE : revenue, balance sheet and financial ratios

APPAREILLAGE ORTHOPEDIQUE PROVENCALE is a French company founded 25 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in AIX-EN-PROVENCE (13090), this company of category PME shows in 2023 a revenue of 294 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - APPAREILLAGE ORTHOPEDIQUE PROVENCALE (SIREN 432281756)
Indicator 2023 2022 2021 2019 2018 2017 2016
Revenue 294 091 € 333 933 € 358 475 € 386 557 € 376 887 € 382 772 € 363 744 €
Net income 38 384 € 18 722 € 12 305 € 5 107 € 5 216 € 7 907 € -23 330 €
EBITDA 41 442 € 15 100 € 11 247 € 2 597 € 7 314 € 12 169 € -22 348 €
Net margin 13.1% 5.6% 3.4% 1.3% 1.4% 2.1% -6.4%

Revenue and income statement

In 2023, APPAREILLAGE ORTHOPEDIQUE PROVENCALE achieves revenue of 294 k€. Activity remains stable over the period (CAGR: -3.0%). Significant drop of -12% vs 2022. After deducting consumption (48 k€), gross margin stands at 246 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 41 k€, representing 14.1% of revenue. Positive scissor effect: EBITDA margin improves by +9.6 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 38 k€, i.e. 13.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

294 091 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

245 976 €

EBITDA (2023) ?
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

41 442 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

37 809 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

38 384 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.1%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

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 76%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.1% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.372%

Financial autonomy (2023) ?
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

75.569%

Cash flow / Revenue (2023) ?
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

14.136%

Repayment capacity (2023) ?
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

0.011

Asset age ratio (2023) ?
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

-0.8%

Solvency indicators evolution
APPAREILLAGE ORTHOPEDIQUE PROVENCALE

Sector positioning

Debt ratio
0.37 2023
2021
2022
2023
Q1: 4.18
Med: 24.48
Q3: 67.8
Excellent -50 pts over 3 years

In 2023, the debt ratio of APPAREILLAGE ORTHOPEDIQUE... (0.37) 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
75.57% 2023
2021
2022
2023
Q1: 23.55%
Med: 47.34%
Q3: 66.07%
Excellent +42 pts over 3 years

In 2023, the financial autonomy of APPAREILLAGE ORTHOPEDIQUE... (75.6%) 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
0.01 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 2.03 years
Good -50 pts over 3 years

In 2023, the repayment capacity of APPAREILLAGE ORTHOPEDIQUE... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 179.73. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

179.727

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
APPAREILLAGE ORTHOPEDIQUE PROVENCALE

Sector positioning

Liquidity ratio
179.73 2023
2021
2022
2023
Q1: 162.69
Med: 252.34
Q3: 416.29
Average +6 pts over 3 years

In 2023, the liquidity ratio of APPAREILLAGE ORTHOPEDIQUE... (179.73) 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.

Interest coverage
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.81x
Q3: 4.71x
Average -34 pts over 3 years

In 2023, the interest coverage of APPAREILLAGE ORTHOPEDIQUE... (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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Excellent situation: suppliers finance 31 days of the operating cycle (retail model). Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 28 days of revenue, i.e. 23 k€ to permanently finance. Notable WCR improvement over the period (-38%), freeing up cash.

Operating WCR (2023) ?
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

23 013 €

Customer credit (2023) ?
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

19 j

Supplier credit (2023) ?
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

50 j

Inventory turnover (2023) ?
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

14 j

WCR in days of revenue (2023) ?
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

28 j

WCR and payment terms evolution
APPAREILLAGE ORTHOPEDIQUE PROVENCALE

Positioning of APPAREILLAGE ORTHOPEDIQUE PROVENCALE in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of APPAREILLAGE ORTHOPEDIQUE PROVENCALE is estimated at 96 009 € (range 25 074€ - 185 281€). With an EBITDA of 41 442€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.23x (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.

Estimated enterprise value 2023
57 tx
25k€ 96k€ 185k€
96 009 € Range: 25 074€ - 185 281€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
41 442 € × 2.5x
Estimation 105 236 €
20 683€ - 194 615€
Revenue Multiple 30%
294 091 € × 0.23x
Estimation 66 700 €
30 999€ - 139 558€
Net Income Multiple 20%
38 384 € × 3.0x
Estimation 116 905 €
27 167€ - 230 532€
How is this estimate calculated?

This estimate is based on the analysis of 57 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 (Fabrication de matériel médico-chirurgical et dentaire)

Compare APPAREILLAGE ORTHOPEDIQUE PROVENCALE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire

Frequently asked questions about APPAREILLAGE ORTHOPEDIQUE PROVENCALE

What is the revenue of APPAREILLAGE ORTHOPEDIQUE PROVENCALE ?

The revenue of APPAREILLAGE ORTHOPEDIQUE PROVENCALE in 2023 is 294 k€.

Is APPAREILLAGE ORTHOPEDIQUE PROVENCALE profitable?

Yes, APPAREILLAGE ORTHOPEDIQUE PROVENCALE generated a net profit of 38 k€ in 2023.

Where is the headquarters of APPAREILLAGE ORTHOPEDIQUE PROVENCALE ?

The headquarters of APPAREILLAGE ORTHOPEDIQUE PROVENCALE is located in AIX-EN-PROVENCE (13090), in the department Bouches-du-Rhone.

Where to find the tax return of APPAREILLAGE ORTHOPEDIQUE PROVENCALE ?

The tax return of APPAREILLAGE ORTHOPEDIQUE PROVENCALE 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 APPAREILLAGE ORTHOPEDIQUE PROVENCALE operate?

APPAREILLAGE ORTHOPEDIQUE PROVENCALE operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.