PROVENCE EMBALLAGES PRODUCTION : revenue, balance sheet and financial ratios

PROVENCE EMBALLAGES PRODUCTION is a French company founded 24 years ago, specialized in the sector Fabrication d'emballages en bois. Based in CARPENTRAS (84200), this company of category PME shows in 2023 a revenue of 1.2 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 EMBALLAGES PRODUCTION (SIREN 440491736)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 231 717 € 1 336 740 € 1 282 731 € 1 429 315 € 1 469 196 € 1 213 120 € 1 249 754 € 1 394 199 €
Net income 32 706 € 123 752 € 31 057 € 91 629 € 155 619 € -41 601 € 2 616 € 75 518 €
EBITDA 41 424 € 153 405 € 72 405 € 165 184 € 221 271 € 6 293 € 10 459 € 154 220 €
Net margin 2.7% 9.3% 2.4% 6.4% 10.6% -3.4% 0.2% 5.4%

Revenue and income statement

In 2023, PROVENCE EMBALLAGES PRODUCTION achieves revenue of 1.2 M€. Activity remains stable over the period (CAGR: -1.8%). Slight decline of -8% vs 2022. After deducting consumption (15 k€), gross margin stands at 1.2 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 41 k€, representing 3.4% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -73%, reducing margin by 8.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 33 k€, i.e. 2.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 231 717 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 216 310 €

EBITDA (2023) ?
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

41 424 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

10 380 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

32 706 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.4%

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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 1%. 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 67%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.521%

Financial autonomy (2023) ?
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

67.144%

Cash flow / Revenue (2023) ?
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

2.884%

Repayment capacity (2023) ?
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

0.135

Asset age ratio (2023) ?
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

5.6%

Solvency indicators evolution
PROVENCE EMBALLAGES PRODUCTION

Sector positioning

Debt ratio
0.52 2023
2021
2022
2023
Q1: 9.23
Med: 27.45
Q3: 68.33
Excellent

In 2023, the debt ratio of PROVENCE EMBALLAGES PRODU... (0.52) 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
67.14% 2023
2021
2022
2023
Q1: 33.05%
Med: 52.76%
Q3: 67.32%
Good

In 2023, the financial autonomy of PROVENCE EMBALLAGES PRODU... (67.1%) 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
0.14 years 2023
2021
2022
2023
Q1: 0.11 years
Med: 0.95 years
Q3: 2.9 years
Good -9 pts over 3 years

In 2023, the repayment capacity of PROVENCE EMBALLAGES PRODU... (0.14) 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 295.89. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
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

295.891

Interest coverage (2023) ?
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

0.295

Liquidity indicators evolution
PROVENCE EMBALLAGES PRODUCTION

Sector positioning

Liquidity ratio
295.89 2023
2021
2022
2023
Q1: 179.13
Med: 278.72
Q3: 409.46
Good -10 pts over 3 years

In 2023, the liquidity ratio of PROVENCE EMBALLAGES PRODU... (295.89) 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
0.29x 2023
2021
2022
2023
Q1: 0.22x
Med: 1.69x
Q3: 6.74x
Average

In 2023, the interest coverage of PROVENCE EMBALLAGES PRODU... (0.3x) 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: 265 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The gap of 248 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 205 days of revenue, i.e. 702 k€ to permanently finance. Over 2016-2023, WCR increased by +447%, requiring additional financing.

Operating WCR (2023) ?
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

701 869 €

Customer credit (2023) ?
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

265 j

Supplier credit (2023) ?
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

17 j

Inventory turnover (2023) ?
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 (2023) ?
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

205 j

WCR and payment terms evolution
PROVENCE EMBALLAGES PRODUCTION

Positioning of PROVENCE EMBALLAGES PRODUCTION in its sector

Comparison with sector Fabrication d'emballages en bois

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions). This range of 52 940€ to 213 918€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
52k€ 99k€ 213k€
99 789 € Range: 52 940€ - 213 918€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 44 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 (Fabrication d'emballages en bois)

Compare PROVENCE EMBALLAGES PRODUCTION with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en bois

Frequently asked questions about PROVENCE EMBALLAGES PRODUCTION

What is the revenue of PROVENCE EMBALLAGES PRODUCTION ?

The revenue of PROVENCE EMBALLAGES PRODUCTION in 2023 is 1.2 M€.

Is PROVENCE EMBALLAGES PRODUCTION profitable?

Yes, PROVENCE EMBALLAGES PRODUCTION generated a net profit of 33 k€ in 2023.

Where is the headquarters of PROVENCE EMBALLAGES PRODUCTION ?

The headquarters of PROVENCE EMBALLAGES PRODUCTION is located in CARPENTRAS (84200), in the department Vaucluse.

Where to find the tax return of PROVENCE EMBALLAGES PRODUCTION ?

The tax return of PROVENCE EMBALLAGES PRODUCTION 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 EMBALLAGES PRODUCTION operate?

PROVENCE EMBALLAGES PRODUCTION operates in the sector Fabrication d'emballages en bois (NAF code 16.24Z). See the 'Sector positioning' section above to compare the company with its competitors.