IN VIVO FRANCE : revenue, balance sheet and financial ratios

IN VIVO FRANCE is a French company founded 10 years ago, specialized in the sector Études de marché et sondages. Based in PARIS (75015), this company of category ETI shows in 2024 a revenue of 18.2 M€. 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 - IN VIVO FRANCE (SIREN 813214418)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 200 581 € 17 413 713 € 15 206 297 € 16 742 804 € 13 377 343 € 15 175 529 € 15 270 104 € 19 784 296 € 20 560 518 €
Net income 1 488 787 € 922 590 € -1 218 011 € 1 262 777 € -5 446 549 € -2 277 974 € -2 555 090 € 226 778 € 1 300 179 €
EBITDA 1 933 611 € 1 550 987 € -1 065 320 € 900 397 € -2 112 846 € -1 840 495 € -2 300 671 € 440 829 € 2 148 979 €
Net margin 8.2% 5.3% -8.0% 7.5% -40.7% -15.0% -16.7% 1.1% 6.3%

Revenue and income statement

In 2024, IN VIVO FRANCE achieves revenue of 18.2 M€. Activity remains stable over the period (CAGR: -1.5%). Vs 2023: +5%. After deducting consumption (0 €), gross margin stands at 18.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.9 M€, representing 10.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 8.2% 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

18 200 581 €

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

18 200 581 €

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

1 933 611 €

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

2 000 324 €

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

1 488 787 €

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

10.6%

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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 305%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

304.898%

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

9.766%

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

8.643%

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

4.799

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

9.5%

Solvency indicators evolution
IN VIVO FRANCE

Sector positioning

Debt ratio
304.9 2024
2022
2023
2024
Q1: 0.0
Med: 2.02
Q3: 34.22
Watch -22 pts over 3 years

In 2024, the debt ratio of IN VIVO FRANCE (304.90) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
9.77% 2024
2022
2023
2024
Q1: 12.11%
Med: 39.42%
Q3: 65.91%
Average

In 2024, the financial autonomy of IN VIVO FRANCE (9.8%) 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
4.8 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.41 years
Watch +54 pts over 3 years

In 2024, the repayment capacity of IN VIVO FRANCE (4.80) 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 135.06. 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 21.7x. 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

135.059

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

21.741

Liquidity indicators evolution
IN VIVO FRANCE

Sector positioning

Liquidity ratio
135.06 2024
2022
2023
2024
Q1: 138.9
Med: 219.42
Q3: 420.98
Watch

In 2024, the liquidity ratio of IN VIVO FRANCE (135.06) 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
21.74x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.73x
Excellent +50 pts over 3 years

In 2024, the interest coverage of IN VIVO FRANCE (21.7x) 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: 106 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 116 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Overall, WCR represents 57 days of revenue, i.e. 2.9 M€ to permanently finance.

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

2 870 960 €

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

106 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

116 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

57 j

WCR and payment terms evolution
IN VIVO FRANCE

Positioning of IN VIVO FRANCE in its sector

Comparison with sector Études de marché et sondages

Valuation estimate

Based on 107 transactions of similar company sales (all years), the value of IN VIVO FRANCE is estimated at 4 561 861 € (range 1 689 408€ - 10 008 357€). With an EBITDA of 1 933 611€, the sector multiple of 2.6x 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.

Estimated enterprise value 2024
107 transactions
1689k€ 4561k€ 10008k€
4 561 861 € Range: 1 689 408€ - 10 008 357€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 933 611 € × 2.6x
Estimation 5 005 465 €
1 828 785€ - 11 466 687€
Revenue Multiple 30%
18 200 581 € × 0.23x
Estimation 4 112 161 €
1 693 181€ - 7 151 671€
Net Income Multiple 20%
1 488 787 € × 2.8x
Estimation 4 127 406 €
1 335 310€ - 10 647 566€
How is this estimate calculated?

This estimate is based on the analysis of 107 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 (Études de marché et sondages)

Compare IN VIVO FRANCE with other companies in the same sector:

Frequently asked questions about IN VIVO FRANCE

What is the revenue of IN VIVO FRANCE ?

The revenue of IN VIVO FRANCE in 2024 is 18.2 M€.

Is IN VIVO FRANCE profitable?

Yes, IN VIVO FRANCE generated a net profit of 1.5 M€ in 2024.

Where is the headquarters of IN VIVO FRANCE ?

The headquarters of IN VIVO FRANCE is located in PARIS (75015), in the department Paris.

Where to find the tax return of IN VIVO FRANCE ?

The tax return of IN VIVO FRANCE 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 IN VIVO FRANCE operate?

IN VIVO FRANCE operates in the sector Études de marché et sondages (NAF code 73.20Z). See the 'Sector positioning' section above to compare the company with its competitors.