HIGH TECH MAINTENANCE : revenue, balance sheet and financial ratios

HIGH TECH MAINTENANCE is a French company founded 37 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in TAIN-L'HERMITAGE (26600), this company of category PME shows in 2023 a revenue of 333 k€. 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 - HIGH TECH MAINTENANCE (SIREN 345150387)
Indicator 2023 2022 2020 2018 2017 2016
Revenue 332 992 € 345 049 € 313 580 € 435 549 € 372 532 € 300 478 €
Net income -4 248 € 5 749 € -335 € 39 862 € 27 554 € -5 054 €
EBITDA 2 539 € 9 302 € 6 757 € 48 410 € 33 006 € -3 814 €
Net margin -1.3% 1.7% -0.1% 9.2% 7.4% -1.7%

Revenue and income statement

In 2023, HIGH TECH MAINTENANCE achieves revenue of 333 k€. Revenue is growing positively over 6 years (CAGR: +1.5%). Slight decline of -3% vs 2022. After deducting consumption (95 k€), gross margin stands at 238 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3 k€, representing 0.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -4 k€ (-1.3% of revenue), which will impact equity.

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

332 992 €

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

237 750 €

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

2 539 €

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

-2 918 €

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

-4 248 €

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

0.8%

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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 20%. 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 69%. 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 32.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

19.61%

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

69.057%

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

0.436%

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

31.99

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

16.4%

Solvency indicators evolution
HIGH TECH MAINTENANCE

Sector positioning

Debt ratio
19.61 2023
2020
2022
2023
Q1: 2.93
Med: 19.64
Q3: 60.67
Good +7 pts over 3 years

In 2023, the debt ratio of HIGH TECH MAINTENANCE (19.61) 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
69.06% 2023
2020
2022
2023
Q1: 21.66%
Med: 42.7%
Q3: 61.08%
Excellent

In 2023, the financial autonomy of HIGH TECH MAINTENANCE (69.1%) 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
31.99 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.41 years
Q3: 1.77 years
Watch

In 2023, the repayment capacity of HIGH TECH MAINTENANCE (31.99) 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 431.62. 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 86.9x. Operating income very largely covers interest expenses: high safety margin.

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

431.615

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

86.885

Liquidity indicators evolution
HIGH TECH MAINTENANCE

Sector positioning

Liquidity ratio
431.62 2023
2020
2022
2023
Q1: 166.89
Med: 236.12
Q3: 336.32
Excellent

In 2023, the liquidity ratio of HIGH TECH MAINTENANCE (431.62) 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
86.89x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.61x
Q3: 3.09x
Excellent

In 2023, the interest coverage of HIGH TECH MAINTENANCE (86.9x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 67 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 117 days of revenue, i.e. 108 k€ to permanently finance. Over 2016-2023, WCR increased by +21%, requiring additional financing.

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

107 856 €

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

70 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

49 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

67 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

117 j

WCR and payment terms evolution
HIGH TECH MAINTENANCE

Positioning of HIGH TECH MAINTENANCE 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 HIGH TECH MAINTENANCE is estimated at 35 210 € (range 19 031€ - 90 619€). With an EBITDA of 2 539€, 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 2023
104 transactions
19k€ 35k€ 90k€
35 210 € Range: 19 031€ - 90 619€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 539 € × 1.0x
Estimation 2 611 €
1 802€ - 8 541€
Revenue Multiple 30%
332 992 € × 0.27x
Estimation 89 543 €
47 748€ - 227 417€
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 HIGH TECH MAINTENANCE with other companies in the same sector:

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

Frequently asked questions about HIGH TECH MAINTENANCE

What is the revenue of HIGH TECH MAINTENANCE ?

The revenue of HIGH TECH MAINTENANCE in 2023 is 333 k€.

Is HIGH TECH MAINTENANCE profitable?

HIGH TECH MAINTENANCE recorded a net loss in 2023.

Where is the headquarters of HIGH TECH MAINTENANCE ?

The headquarters of HIGH TECH MAINTENANCE is located in TAIN-L'HERMITAGE (26600), in the department Drome.

Where to find the tax return of HIGH TECH MAINTENANCE ?

The tax return of HIGH TECH MAINTENANCE 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 HIGH TECH MAINTENANCE operate?

HIGH TECH MAINTENANCE 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.