PROVENCE CARROSSERIE : revenue, balance sheet and financial ratios

PROVENCE CARROSSERIE is a French company founded 22 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in LA FARLEDE (83210), this company of category PME shows in 2022 a revenue of 338 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 - PROVENCE CARROSSERIE (SIREN 449951433)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 338 126 € 236 636 € 286 154 € 430 012 € 266 814 € 246 588 € 183 085 €
Net income 31 434 € -18 718 € -6 231 € 66 105 € 27 499 € 35 309 € 8 127 €
EBITDA 54 154 € 2 929 € 8 239 € 112 993 € 46 695 € 57 620 € 17 313 €
Net margin 9.3% -7.9% -2.2% 15.4% 10.3% 14.3% 4.4%

Revenue and income statement

In 2022, PROVENCE CARROSSERIE achieves revenue of 338 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +10.8%. Vs 2021, growth of +43% (237 k€ -> 338 k€). After deducting consumption (120 k€), gross margin stands at 218 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 54 k€, representing 16.0% of revenue. Positive scissor effect: EBITDA margin improves by +14.8 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 31 k€, i.e. 9.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

338 126 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

218 280 €

EBITDA (2022) ?
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

54 154 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

35 538 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

31 434 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.0%

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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 12%. 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 72%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.1% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.363%

Financial autonomy (2022) ?
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

72.075%

Cash flow / Revenue (2022) ?
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

15.086%

Repayment capacity (2022) ?
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

0.497

Asset age ratio (2022) ?
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

38.0%

Solvency indicators evolution
PROVENCE CARROSSERIE

Sector positioning

Debt ratio
12.36 2022
2020
2021
2022
Q1: 5.78
Med: 34.79
Q3: 103.73
Good -16 pts over 3 years

In 2022, the debt ratio of PROVENCE CARROSSERIE (12.36) 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
72.08% 2022
2020
2021
2022
Q1: 19.45%
Med: 40.47%
Q3: 59.71%
Excellent

In 2022, the financial autonomy of PROVENCE CARROSSERIE (72.1%) 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.

Repayment capacity
0.5 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.88 years
Q3: 3.06 years
Good -36 pts over 3 years

In 2022, the repayment capacity of PROVENCE CARROSSERIE (0.50) 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 398.81. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

398.81

Interest coverage (2022) ?
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

0.848

Liquidity indicators evolution
PROVENCE CARROSSERIE

Sector positioning

Liquidity ratio
398.81 2022
2020
2021
2022
Q1: 136.82
Med: 204.17
Q3: 300.21
Excellent

In 2022, the liquidity ratio of PROVENCE CARROSSERIE (398.81) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.85x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.81x
Q3: 3.72x
Good -25 pts over 3 years

In 2022, the interest coverage of PROVENCE CARROSSERIE (0.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 66 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 101 days of revenue, i.e. 95 k€ to permanently finance. Over 2016-2022, WCR increased by +93%, requiring additional financing.

Operating WCR (2022) ?
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

94 854 €

Customer credit (2022) ?
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

64 j

Supplier credit (2022) ?
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

39 j

Inventory turnover (2022) ?
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

66 j

WCR in days of revenue (2022) ?
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

101 j

WCR and payment terms evolution
PROVENCE CARROSSERIE

Positioning of PROVENCE CARROSSERIE in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 130 transactions of similar company sales in 2022, the value of PROVENCE CARROSSERIE is estimated at 164 153 € (range 83 572€ - 310 996€). With an EBITDA of 54 154€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.31x (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 2022
130 transactions
83k€ 164k€ 310k€
164 153 € Range: 83 572€ - 310 996€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
54 154 € × 3.9x
Estimation 208 552 €
109 330€ - 402 129€
Revenue Multiple 30%
338 126 € × 0.31x
Estimation 104 142 €
57 927€ - 208 772€
Net Income Multiple 20%
31 434 € × 4.6x
Estimation 143 178 €
57 648€ - 236 504€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 130 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 (Entretien et réparation de véhicules automobiles légers)

Compare PROVENCE CARROSSERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about PROVENCE CARROSSERIE

What is the revenue of PROVENCE CARROSSERIE ?

The revenue of PROVENCE CARROSSERIE in 2022 is 338 k€.

Is PROVENCE CARROSSERIE profitable?

Yes, PROVENCE CARROSSERIE generated a net profit of 31 k€ in 2022.

Where is the headquarters of PROVENCE CARROSSERIE ?

The headquarters of PROVENCE CARROSSERIE is located in LA FARLEDE (83210), in the department Var.

Where to find the tax return of PROVENCE CARROSSERIE ?

The tax return of PROVENCE CARROSSERIE 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 PROVENCE CARROSSERIE operate?

PROVENCE CARROSSERIE operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.