APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES : revenue, balance sheet and financial ratios

APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES is a French company founded 19 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in ANGOULEME (16000), this company of category PME shows in 2024 a revenue of 396 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 - APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES (SIREN 492622352)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue 396 268 € 230 333 € 154 675 € 115 706 € 134 273 € 48 558 € 60 660 € 60 548 € 63 761 € 65 554 € 68 559 € 65 151 €
Net income 101 389 € 28 768 € 4 319 € -4 511 € 19 667 € -7 350 € 3 576 € 9 233 € -3 298 € 1 097 € 7 274 € -2 801 €
EBITDA 135 000 € 38 301 € -127 087 € -2 299 € 24 681 € -6 269 € 3 788 € 7 281 € -4 109 € 3 636 € 7 359 € -2 470 €
Net margin 25.6% 12.5% 2.8% -3.9% 14.6% -15.1% 5.9% 15.2% -5.2% 1.7% 10.6% -4.3%

Revenue and income statement

In 2024, APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES achieves revenue of 396 k€. Over the period 2012-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.2%. Vs 2023, growth of +72% (230 k€ -> 396 k€). After deducting consumption (49 k€), gross margin stands at 347 k€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 135 k€, representing 34.1% of revenue. Positive scissor effect: EBITDA margin improves by +17.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 101 k€, i.e. 25.6% 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

396 268 €

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

346 924 €

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

135 000 €

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

132 645 €

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

101 389 €

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

34.1%

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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 3%. 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 78%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.2% 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 (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

3.397%

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

77.695%

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

26.181%

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

0.057

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

63.3%

Solvency indicators evolution
APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES

Sector positioning

Debt ratio
3.4 2024
2022
2023
2024
Q1: 1.92
Med: 18.86
Q3: 55.42
Good -30 pts over 3 years

In 2024, the debt ratio of APPAREILLAGES MAINS DE LA... (3.40) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
77.69% 2024
2022
2023
2024
Q1: 24.8%
Med: 50.27%
Q3: 69.09%
Excellent +13 pts over 3 years

In 2024, the financial autonomy of APPAREILLAGES MAINS DE LA... (77.7%) 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
0.06 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.74 years
Good -46 pts over 3 years

In 2024, the repayment capacity of APPAREILLAGES MAINS DE LA... (0.06) 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 456.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

456.231

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

0.0

Liquidity indicators evolution
APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES

Sector positioning

Liquidity ratio
456.23 2024
2022
2023
2024
Q1: 159.64
Med: 253.69
Q3: 429.69
Excellent

In 2024, the liquidity ratio of APPAREILLAGES MAINS DE LA... (456.23) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.67x
Q3: 4.96x
Average

In 2024, the interest coverage of APPAREILLAGES MAINS DE LA... (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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. Favorable situation: supplier credit is longer than customer credit by 17 days. WCR is negative (-28 days): operations structurally generate cash. Notable WCR improvement over the period (-257%), freeing up cash.

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

-30 909 €

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

0 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

17 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

0 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

-28 j

WCR and payment terms evolution
APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES

Positioning of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES 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 APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES is estimated at 260 128 € (range 60 570€ - 495 187€). With an EBITDA of 135 000€, 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 2024
57 tx
60k€ 260k€ 495k€
260 128 € Range: 60 570€ - 495 187€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
135 000 € × 2.5x
Estimation 342 814 €
67 375€ - 633 973€
Revenue Multiple 30%
396 268 € × 0.23x
Estimation 89 874 €
41 769€ - 188 046€
Net Income Multiple 20%
101 389 € × 3.0x
Estimation 308 798 €
71 761€ - 608 937€
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 APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES with other companies in the same sector:

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

Frequently asked questions about APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES

What is the revenue of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES ?

The revenue of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES in 2024 is 396 k€.

Is APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES profitable?

Yes, APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES generated a net profit of 101 k€ in 2024.

Where is the headquarters of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES ?

The headquarters of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES is located in ANGOULEME (16000), in the department Charente.

Where to find the tax return of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES ?

The tax return of APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES 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 APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES operate?

APPAREILLAGES MAINS DE LA DORDOGNE FOURTON ORTHESES 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.