PROVENCE ELECTROTECH PROVELEC : revenue, balance sheet and financial ratios

PROVENCE ELECTROTECH PROVELEC is a French company founded 26 years ago, specialized in the sector Réparation d'équipements électriques. Based in SAINT-MARTIN-DE-CRAU (13310), this company of category PME shows in 2024 a revenue of 1.1 M€. 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 - PROVENCE ELECTROTECH PROVELEC (SIREN 431517473)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 065 278 € 931 945 € 898 860 € 939 259 € 753 726 € 1 199 976 € 1 150 051 € 1 264 055 € 1 271 978 €
Net income 33 819 € 19 995 € 22 836 € 64 254 € 31 709 € 31 142 € 90 142 € 70 168 € 26 965 €
EBITDA 17 161 € 10 262 € 28 434 € 85 714 € 30 902 € 77 949 € 107 841 € 84 831 € 28 040 €
Net margin 3.2% 2.1% 2.5% 6.8% 4.2% 2.6% 7.8% 5.6% 2.1%

Revenue and income statement

In 2024, PROVENCE ELECTROTECH PROVELEC achieves revenue of 1.1 M€. Activity remains stable over the period (CAGR: -2.2%). Vs 2023, growth of +14% (932 k€ -> 1.1 M€). After deducting consumption (172 k€), gross margin stands at 893 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 17 k€, representing 1.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 3.2% 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

1 065 278 €

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

893 366 €

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

17 161 €

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

28 457 €

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

33 819 €

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

1.6%

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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 0%. 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 56%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.1% 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

0.172%

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

56.46%

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

2.114%

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

0.024

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

32.7%

Solvency indicators evolution
PROVENCE ELECTROTECH PROVELEC

Sector positioning

Debt ratio
0.17 2024
2022
2023
2024
Q1: 1.55
Med: 12.48
Q3: 42.35
Excellent

In 2024, the debt ratio of PROVENCE ELECTROTECH PROV... (0.17) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
56.46% 2024
2022
2023
2024
Q1: 28.56%
Med: 46.11%
Q3: 62.28%
Good -12 pts over 3 years

In 2024, the financial autonomy of PROVENCE ELECTROTECH PROV... (56.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.02 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.27 years
Q3: 1.2 years
Good

In 2024, the repayment capacity of PROVENCE ELECTROTECH PROV... (0.02) 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 202.98. 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

202.982

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

0.0

Liquidity indicators evolution
PROVENCE ELECTROTECH PROVELEC

Sector positioning

Liquidity ratio
202.98 2024
2022
2023
2024
Q1: 165.12
Med: 227.22
Q3: 307.62
Average -35 pts over 3 years

In 2024, the liquidity ratio of PROVENCE ELECTROTECH PROV... (202.98) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.62x
Q3: 5.68x
Average

In 2024, the interest coverage of PROVENCE ELECTROTECH PROV... (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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-10 days): operations structurally generate cash. Notable WCR improvement over the period (-112%), freeing up cash.

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

-30 350 €

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

25 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

43 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

3 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

-10 j

WCR and payment terms evolution
PROVENCE ELECTROTECH PROVELEC

Positioning of PROVENCE ELECTROTECH PROVELEC in its sector

Comparison with sector Réparation d'équipements électriques

Valuation estimate

Based on 197 transactions of similar company sales (all years), the value of PROVENCE ELECTROTECH PROVELEC is estimated at 125 476 € (range 58 101€ - 250 213€). With an EBITDA of 17 161€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.28x (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
197 transactions
58k€ 125k€ 250k€
125 476 € Range: 58 101€ - 250 213€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
17 161 € × 2.4x
Estimation 41 496 €
13 215€ - 103 822€
Revenue Multiple 30%
1 065 278 € × 0.28x
Estimation 303 560 €
152 468€ - 541 662€
Net Income Multiple 20%
33 819 € × 2.0x
Estimation 68 301 €
28 767€ - 179 018€
How is this estimate calculated?

This estimate is based on the analysis of 197 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 (Réparation d'équipements électriques)

Compare PROVENCE ELECTROTECH PROVELEC with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'équipements électriques

Frequently asked questions about PROVENCE ELECTROTECH PROVELEC

What is the revenue of PROVENCE ELECTROTECH PROVELEC ?

The revenue of PROVENCE ELECTROTECH PROVELEC in 2024 is 1.1 M€.

Is PROVENCE ELECTROTECH PROVELEC profitable?

Yes, PROVENCE ELECTROTECH PROVELEC generated a net profit of 34 k€ in 2024.

Where is the headquarters of PROVENCE ELECTROTECH PROVELEC ?

The headquarters of PROVENCE ELECTROTECH PROVELEC is located in SAINT-MARTIN-DE-CRAU (13310), in the department Bouches-du-Rhone.

Where to find the tax return of PROVENCE ELECTROTECH PROVELEC ?

The tax return of PROVENCE ELECTROTECH PROVELEC 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 ELECTROTECH PROVELEC operate?

PROVENCE ELECTROTECH PROVELEC operates in the sector Réparation d'équipements électriques (NAF code 33.14Z). See the 'Sector positioning' section above to compare the company with its competitors.