MIROITERIE D'ART PROVENCALE : revenue, balance sheet and financial ratios

MIROITERIE D'ART PROVENCALE is a French company founded 21 years ago, specialized in the sector Autre imprimerie (labeur). Based in SALON-DE-PROVENCE (13300), this company of category PME shows in 2021 a revenue of 350 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 - MIROITERIE D'ART PROVENCALE (SIREN 481389617)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 349 721 € 295 755 € 239 511 € 219 962 € 366 503 € 373 249 €
Net income 30 371 € 23 733 € 15 681 € 27 944 € 16 341 € 26 392 €
EBITDA 45 640 € 24 240 € 18 620 € 34 838 € 27 699 € 8 454 €
Net margin 8.7% 8.0% 6.5% 12.7% 4.5% 7.1%

Revenue and income statement

In 2021, MIROITERIE D'ART PROVENCALE achieves revenue of 350 k€. Activity remains stable over the period (CAGR: -1.3%). Vs 2020, growth of +18% (296 k€ -> 350 k€). After deducting consumption (129 k€), gross margin stands at 220 k€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 13.1% of revenue. Positive scissor effect: EBITDA margin improves by +4.9 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 30 k€, i.e. 8.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

349 721 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

220 228 €

EBITDA (2021) ?
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

45 640 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

35 825 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

30 371 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

13.1%

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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 9%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.1% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.316%

Financial autonomy (2021) ?
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

32.215%

Cash flow / Revenue (2021) ?
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

10.137%

Repayment capacity (2021) ?
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

0.644

Asset age ratio (2021) ?
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

5.4%

Solvency indicators evolution
MIROITERIE D'ART PROVENCALE

Sector positioning

Debt ratio
9.32 2021
2019
2020
2021
Q1: 5.09
Med: 43.45
Q3: 111.68
Good -22 pts over 3 years

In 2021, the debt ratio of MIROITERIE D'ART PROVENCALE (9.32) 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
32.22% 2021
2019
2020
2021
Q1: 20.02%
Med: 39.21%
Q3: 58.83%
Average -8 pts over 3 years

In 2021, the financial autonomy of MIROITERIE D'ART PROVENCALE (32.2%) 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
0.64 years 2021
2019
2020
2021
Q1: -0.0 years
Med: 0.67 years
Q3: 3.39 years
Good +24 pts over 3 years

In 2021, the repayment capacity of MIROITERIE D'ART PROVENCALE (0.64) 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 152.07. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

152.071

Interest coverage (2021) ?
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

0.206

Liquidity indicators evolution
MIROITERIE D'ART PROVENCALE

Sector positioning

Liquidity ratio
152.07 2021
2019
2020
2021
Q1: 153.03
Med: 235.82
Q3: 343.05
Average -14 pts over 3 years

In 2021, the liquidity ratio of MIROITERIE D'ART PROVENCALE (152.07) 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
0.21x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.54x
Q3: 3.69x
Average +10 pts over 3 years

In 2021, the interest coverage of MIROITERIE D'ART PROVENCALE (0.2x) 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: 306 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 209 days. The gap of 97 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 306 days of revenue, i.e. 298 k€ to permanently finance. Over 2016-2021, WCR increased by +67%, requiring additional financing.

Operating WCR (2021) ?
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

297 574 €

Customer credit (2021) ?
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

306 j

Supplier credit (2021) ?
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

209 j

Inventory turnover (2021) ?
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

5 j

WCR in days of revenue (2021) ?
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

306 j

WCR and payment terms evolution
MIROITERIE D'ART PROVENCALE

Positioning of MIROITERIE D'ART PROVENCALE in its sector

Comparison with sector Autre imprimerie (labeur)

Valuation estimate

Based on 72 transactions of similar company sales (all years), the value of MIROITERIE D'ART PROVENCALE is estimated at 181 214 € (range 90 680€ - 360 676€). With an EBITDA of 45 640€, the sector multiple of 4.9x is applied. The price/revenue ratio is 0.25x (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 2021
72 tx
90k€ 181k€ 360k€
181 214 € Range: 90 680€ - 360 676€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
45 640 € × 4.9x
Estimation 223 682 €
121 816€ - 428 353€
Revenue Multiple 30%
349 721 € × 0.25x
Estimation 87 104 €
49 865€ - 167 661€
Net Income Multiple 20%
30 371 € × 7.1x
Estimation 216 212 €
74 067€ - 481 007€
How is this estimate calculated?

This estimate is based on the analysis of 72 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 (Autre imprimerie (labeur))

Compare MIROITERIE D'ART PROVENCALE with other companies in the same sector:

Voir toutes les statistiques du secteur Autre imprimerie (labeur)

Frequently asked questions about MIROITERIE D'ART PROVENCALE

What is the revenue of MIROITERIE D'ART PROVENCALE ?

The revenue of MIROITERIE D'ART PROVENCALE in 2021 is 350 k€.

Is MIROITERIE D'ART PROVENCALE profitable?

Yes, MIROITERIE D'ART PROVENCALE generated a net profit of 30 k€ in 2021.

Where is the headquarters of MIROITERIE D'ART PROVENCALE ?

The headquarters of MIROITERIE D'ART PROVENCALE is located in SALON-DE-PROVENCE (13300), in the department Bouches-du-Rhone.

Where to find the tax return of MIROITERIE D'ART PROVENCALE ?

The tax return of MIROITERIE D'ART 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 MIROITERIE D'ART PROVENCALE operate?

MIROITERIE D'ART PROVENCALE operates in the sector Autre imprimerie (labeur) (NAF code 18.12Z). See the 'Sector positioning' section above to compare the company with its competitors.