PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES : revenue, balance sheet and financial ratios

PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES is a French company founded 14 years ago, specialized in the sector Programmation informatique. Based in COURBEVOIE (92400), this company of category PME shows in 2020 a revenue of 175 k€. 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 - PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES (SIREN 539354100)
Indicator 2020 2019 2018 2017 2016
Revenue 175 143 € 205 361 € 188 698 € 165 575 € 163 550 €
Net income 12 874 € 19 907 € 29 710 € 35 423 € 28 409 €
EBITDA 18 959 € 27 623 € 38 222 € 45 878 € 37 054 €
Net margin 7.4% 9.7% 15.7% 21.4% 17.4%

Revenue and income statement

In 2020, PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES achieves revenue of 175 k€. Revenue is growing positively over 5 years (CAGR: +1.7%). Significant drop of -15% vs 2019. After deducting consumption (410 €), gross margin stands at 175 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 10.8% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -31%, reducing margin by 2.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 13 k€, i.e. 7.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

175 143 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

174 733 €

EBITDA (2020) ?
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

18 959 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

15 501 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

12 874 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.8%

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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 142%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

141.672%

Financial autonomy (2020) ?
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

28.15%

Cash flow / Revenue (2020) ?
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

9.304%

Repayment capacity (2020) ?
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

2.946

Asset age ratio (2020) ?
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

10.5%

Solvency indicators evolution
PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES

Sector positioning

Debt ratio
141.67 2020
2018
2019
2020
Q1: 0.0
Med: 4.09
Q3: 60.35
Average

In 2020, the debt ratio of PROGRAMMATION OPTIMUM DES... (141.67) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
28.15% 2020
2018
2019
2020
Q1: 2.85%
Med: 31.41%
Q3: 60.44%
Average -16 pts over 3 years

In 2020, the financial autonomy of PROGRAMMATION OPTIMUM DES... (28.1%) 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
2.95 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.56 years
Average

In 2020, the repayment capacity of PROGRAMMATION OPTIMUM DES... (2.95) 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 307.10. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

307.095

Interest coverage (2020) ?
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

0.0

Liquidity indicators evolution
PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES

Sector positioning

Liquidity ratio
307.1 2020
2018
2019
2020
Q1: 132.33
Med: 240.27
Q3: 433.52
Good -16 pts over 3 years

In 2020, the liquidity ratio of PROGRAMMATION OPTIMUM DES... (307.10) 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.

Interest coverage
0.0x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.18x
Average

In 2020, the interest coverage of PROGRAMMATION OPTIMUM DES... (0.0x) 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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The gap of 53 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 71 days of revenue, i.e. 34 k€ to permanently finance.

Operating WCR (2020) ?
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

34 479 €

Customer credit (2020) ?
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

63 j

Supplier credit (2020) ?
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

10 j

Inventory turnover (2020) ?
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 (2020) ?
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

71 j

WCR and payment terms evolution
PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES

Positioning of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES is estimated at 40 893 € (range 19 619€ - 108 196€). With an EBITDA of 18 959€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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 2020
120 transactions
19k€ 40k€ 108k€
40 893 € Range: 19 619€ - 108 196€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
18 959 € × 2.2x
Estimation 42 160 €
18 294€ - 115 975€
Revenue Multiple 30%
175 143 € × 0.27x
Estimation 47 570 €
26 891€ - 116 341€
Net Income Multiple 20%
12 874 € × 2.2x
Estimation 27 711 €
12 025€ - 76 531€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Programmation informatique

Frequently asked questions about PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES

What is the revenue of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES ?

The revenue of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES in 2020 is 175 k€.

Is PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES profitable?

Yes, PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES generated a net profit of 13 k€ in 2020.

Where is the headquarters of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES ?

The headquarters of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES ?

The tax return of PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES 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 PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES operate?

PROGRAMMATION OPTIMUM DES SYSTEMES INFORMATIQUES operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.