SIREN : 409059706
IVECO PROVENCE is a French company founded 29 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in VITROLLES (13127), this company of category GE shows in 2024 a revenue of 85.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 85 405 396 € | 95 559 177 € | 78 591 106 € | 77 304 583 € | 69 317 048 € | 75 270 161 € | 72 806 820 € | 65 295 500 € | 57 390 162 € |
| Net income | 835 014 € | -19 202 € | 708 121 € | 9 573 € | 379 485 € | 206 887 € | 1 759 € | -625 393 € | -855 732 € |
| EBITDA | 2 954 292 € | 4 526 942 € | 2 502 185 € | 2 471 304 € | 1 751 915 € | 1 623 618 € | 978 380 € | 564 394 € | -154 507 € |
| Net margin | 1.0% | -0.0% | 0.9% | 0.0% | 0.5% | 0.3% | 0.0% | -1.0% | -1.5% |
In 2024, IVECO PROVENCE achieves revenue of 85.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. Significant drop of -11% vs 2023. After deducting consumption (64.2 M€), gross margin stands at 21.2 M€, i.e. a rate of 25%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.0 M€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 835 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.
85 405 396 €
21 248 340 €
2 954 292 €
1 472 723 €
835 014 €
3.5%
The debt ratio (= Financial debt / Equity x 100) stands at 149%. Debt level is high: negotiating margin with banks is reduced. 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 3.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
149.347%
9.67%
1.88%
3.017
47.7%
In 2024, the debt ratio of IVECO PROVENCE (149.35) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of IVECO PROVENCE (9.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of IVECO PROVENCE (3.02) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 114.12. 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 79.5x. Operating income very largely covers interest expenses: high safety margin.
114.116
79.548
In 2024, the liquidity ratio of IVECO PROVENCE (114.12) 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.
In 2024, the interest coverage of IVECO PROVENCE (79.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 15 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 74 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Inventory turnover is 70 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 69 days of revenue, i.e. 16.4 M€ to permanently finance.
16 402 106 €
15 j
74 j
70 j
69 j
Based on 148 transactions of similar company sales in 2024, the value of IVECO PROVENCE is estimated at 6 928 425 € (range 2 998 784€ - 12 183 348€). With an EBITDA of 2 954 292€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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.
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This estimate is based on the analysis of 148 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare IVECO PROVENCE with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of IVECO PROVENCE in 2024 is 85.4 M€.
Yes, IVECO PROVENCE generated a net profit of 835 k€ in 2024.
The headquarters of IVECO PROVENCE is located in VITROLLES (13127), in the department Bouches-du-Rhone.
The tax return of IVECO PROVENCE 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).
IVECO PROVENCE operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.