NOVANCES INFORMATIQUE TECHNOLOGY : revenue, balance sheet and financial ratios

NOVANCES INFORMATIQUE TECHNOLOGY is a French company founded 7 years ago, specialized in the sector Gestion d'installations informatiques. Based in SAINT-DIDIER-AU-MONT-D'OR (69370), this company of category ETI shows in 2024 a revenue of 1.8 M€. 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 - NOVANCES INFORMATIQUE TECHNOLOGY (SIREN 841317340)
Indicator 2024 2022 2021 2019
Revenue 1 814 168 € 1 253 274 € N/C 407 283 €
Net income 211 € 1 405 € 4 880 € -5 000 €
EBITDA -445 167 € -67 844 € N/C -37 281 €
Net margin 0.0% 0.1% N/C -1.2%

Revenue and income statement

In 2024, NOVANCES INFORMATIQUE TECHNOLOGY achieves revenue of 1.8 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +34.8%. Vs 2022, growth of +45% (1.3 M€ -> 1.8 M€). After deducting consumption (113 k€), gross margin stands at 1.7 M€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -445 k€, representing -24.5% of revenue. Warning negative scissor effect: despite revenue change (+45%), EBITDA varies by -556%, reducing margin by 19.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 211 €, i.e. 0.0% 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

1 814 168 €

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

1 700 946 €

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

-445 167 €

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

-563 640 €

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

211 €

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

-24.5%

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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 1443%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

1442.776%

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

1.455%

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

3.735%

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

2.812

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

53.5%

Solvency indicators evolution
NOVANCES INFORMATIQUE TECHNOLOGY

Sector positioning

Debt ratio
1442.78 2024
2021
2022
2024
Q1: 0.0
Med: 9.49
Q3: 56.25
Watch

In 2024, the debt ratio of NOVANCES INFORMATIQUE TEC... (1442.78) 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
1.46% 2024
2021
2022
2024
Q1: 7.86%
Med: 33.62%
Q3: 54.66%
Watch

In 2024, the financial autonomy of NOVANCES INFORMATIQUE TEC... (1.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
2.81 years 2024
2022
2024
Q1: 0.0 years
Med: 0.17 years
Q3: 1.73 years
Average

In 2024, the repayment capacity of NOVANCES INFORMATIQUE TEC... (2.81) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 90.94. 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

90.937

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

-0.562

Liquidity indicators evolution
NOVANCES INFORMATIQUE TECHNOLOGY

Sector positioning

Liquidity ratio
90.94 2024
2021
2022
2024
Q1: 126.5
Med: 180.28
Q3: 285.05
Watch -8 pts over 3 years

In 2024, the liquidity ratio of NOVANCES INFORMATIQUE TEC... (90.94) 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
-0.56x 2024
2022
2024
Q1: 0.0x
Med: 0.26x
Q3: 5.75x
Average

In 2024, the interest coverage of NOVANCES INFORMATIQUE TEC... (-0.6x) 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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 136 days. Excellent situation: suppliers finance 64 days of the operating cycle (retail model). Overall, WCR represents 77 days of revenue, i.e. 387 k€ to permanently finance. Over 2019-2024, WCR increased by +734%, requiring additional financing.

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

386 672 €

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

72 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

136 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

77 j

WCR and payment terms evolution
NOVANCES INFORMATIQUE TECHNOLOGY

Positioning of NOVANCES INFORMATIQUE TECHNOLOGY in its sector

Comparison with sector Gestion d'installations informatiques

Valuation estimate

Based on 362 transactions of similar company sales (all years), the value of NOVANCES INFORMATIQUE TECHNOLOGY is estimated at 218 662 € (range 107 444€ - 465 333€). The price/revenue ratio is 0.20x (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
362 transactions
107k€ 218k€ 465k€
218 662 € Range: 107 444€ - 465 333€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
1 814 168 € × 0.20x
Estimation 364 206 €
178 973€ - 774 923€
Net Income Multiple 20%
211 € × 1.6x
Estimation 346 €
152€ - 948€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 362 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 (Gestion d'installations informatiques)

Compare NOVANCES INFORMATIQUE TECHNOLOGY with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations informatiques

Frequently asked questions about NOVANCES INFORMATIQUE TECHNOLOGY

What is the revenue of NOVANCES INFORMATIQUE TECHNOLOGY ?

The revenue of NOVANCES INFORMATIQUE TECHNOLOGY in 2024 is 1.8 M€.

Is NOVANCES INFORMATIQUE TECHNOLOGY profitable?

Yes, NOVANCES INFORMATIQUE TECHNOLOGY generated a net profit of 211€ in 2024.

Where is the headquarters of NOVANCES INFORMATIQUE TECHNOLOGY ?

The headquarters of NOVANCES INFORMATIQUE TECHNOLOGY is located in SAINT-DIDIER-AU-MONT-D'OR (69370), in the department Rhone.

Where to find the tax return of NOVANCES INFORMATIQUE TECHNOLOGY ?

The tax return of NOVANCES INFORMATIQUE TECHNOLOGY 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 NOVANCES INFORMATIQUE TECHNOLOGY operate?

NOVANCES INFORMATIQUE TECHNOLOGY operates in the sector Gestion d'installations informatiques (NAF code 62.03Z). See the 'Sector positioning' section above to compare the company with its competitors.