SIREN : 523738391
PPG is a French company founded 15 years ago, specialized in the sector Fabrication d’autres meubles et industries connexes de l’ameublement. Based in LOUVIGNE-DE-BAIS (35680), this company of category PME shows in 2021 a revenue of 5.2 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
| Indicator | 2021 | 2020 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 5 217 451 € | 3 876 305 € | 4 148 959 € | 3 830 610 € |
| Net income | 597 601 € | 194 668 € | 151 948 € | 95 372 € |
| EBITDA | 877 684 € | 414 336 € | 313 678 € | 258 357 € |
| Net margin | 11.5% | 5.0% | 3.7% | 2.5% |
In 2021, PPG achieves revenue of 5.2 M€. Over the period 2017-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +8.0%. Vs 2020, growth of +35% (3.9 M€ -> 5.2 M€). After deducting consumption (1.8 M€), gross margin stands at 3.4 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 878 k€, representing 16.8% of revenue. Positive scissor effect: EBITDA margin improves by +6.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 598 k€, i.e. 11.5% of revenue. This profit can be retained or distributed to shareholders.
5 217 451 €
3 370 594 €
877 684 €
842 698 €
597 601 €
16.8%
The debt ratio (= Financial debt / Equity x 100) stands at 13%. 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 59%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
13.139%
58.765%
12.238%
0.317
53.6%
In 2021, the debt ratio of PPG (13.14) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of PPG (58.8%) 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.
In 2021, the repayment capacity of PPG (0.32) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 254.45. 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 5.1x. Operating income very largely covers interest expenses: high safety margin.
254.448
5.109
In 2021, the liquidity ratio of PPG (254.45) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2021, the interest coverage of PPG (5.1x) 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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 55 days of revenue, i.e. 799 k€ to permanently finance. Notable WCR improvement over the period (-45%), freeing up cash.
799 105 €
39 j
44 j
34 j
55 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 751 362€ to 5 784 109€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 PPG with other companies in the same sector:
The revenue of PPG in 2021 is 5.2 M€.
Yes, PPG generated a net profit of 598 k€ in 2021.
The headquarters of PPG is located in LOUVIGNE-DE-BAIS (35680), in the department Ille-et-Vilaine.
The tax return of PPG 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).
PPG operates in the sector Fabrication d’autres meubles et industries connexes de l’ameublement (NAF code 31.09B). See the 'Sector positioning' section above to compare the company with its competitors.