PROVENCE PROTHESE TECHNOLOGIES : revenue, balance sheet and financial ratios

PROVENCE PROTHESE TECHNOLOGIES is a French company founded 19 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in NICE (06000), this company of category PME shows in 2021 a revenue of 503 k€. 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 PROTHESE TECHNOLOGIES (SIREN 493361489)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 502 746 € 445 566 € 445 565 € 539 148 € 326 642 € 335 791 €
Net income 101 811 € 95 297 € 88 980 € 64 067 € 55 620 € 28 176 €
EBITDA 167 166 € 125 887 € 148 810 € 143 527 € 56 916 € 63 745 €
Net margin 20.3% 21.4% 20.0% 11.9% 17.0% 8.4%

Revenue and income statement

In 2021, PROVENCE PROTHESE TECHNOLOGIES achieves revenue of 503 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +8.4%. Vs 2020, growth of +13% (446 k€ -> 503 k€). After deducting consumption (63 k€), gross margin stands at 440 k€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 167 k€, representing 33.3% of revenue. Positive scissor effect: EBITDA margin improves by +5.0 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 102 k€, i.e. 20.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

502 746 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

439 680 €

EBITDA (2021) ?
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

167 166 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

112 233 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

101 811 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

32.9%

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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 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Cash flow represents 25.9% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

42.768%

Financial autonomy (2021) ?
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

26.659%

Cash flow / Revenue (2021) ?
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

25.894%

Repayment capacity (2021) ?
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

0.0

Asset age ratio (2021) ?
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

23.2%

Solvency indicators evolution
PROVENCE PROTHESE TECHNOLOGIES

Sector positioning

Debt ratio
42.77 2021
2019
2020
2021
Q1: 4.54
Med: 28.23
Q3: 74.56
Average -16 pts over 3 years

In 2021, the debt ratio of PROVENCE PROTHESE TECHNOL... (42.77) 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
26.66% 2021
2019
2020
2021
Q1: 23.22%
Med: 44.96%
Q3: 63.76%
Average -8 pts over 3 years

In 2021, the financial autonomy of PROVENCE PROTHESE TECHNOL... (26.7%) 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
0.0 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.56 years
Q3: 2.15 years
Excellent -39 pts over 3 years

In 2021, the repayment capacity of PROVENCE PROTHESE TECHNOL... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 217.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

217.179

Interest coverage (2021) ?
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 PROTHESE TECHNOLOGIES

Sector positioning

Liquidity ratio
217.18 2021
2019
2020
2021
Q1: 163.32
Med: 243.69
Q3: 375.82
Average +40 pts over 3 years

In 2021, the liquidity ratio of PROVENCE PROTHESE TECHNOL... (217.18) 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 2021
2019
2020
2021
Q1: 0.0x
Med: 0.57x
Q3: 2.6x
Average

In 2021, the interest coverage of PROVENCE PROTHESE TECHNOL... (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: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: -15 days. The gap of 102 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-53 days): operations structurally generate cash.

Operating WCR (2021) ?
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

-73 326 €

Customer credit (2021) ?
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

87 j

Supplier credit (2021) ?
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

-15 j

Inventory turnover (2021) ?
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

11 j

WCR in days of revenue (2021) ?
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

-53 j

WCR and payment terms evolution
PROVENCE PROTHESE TECHNOLOGIES

Positioning of PROVENCE PROTHESE TECHNOLOGIES in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of PROVENCE PROTHESE TECHNOLOGIES is estimated at 308 470 € (range 72 023€ - 586 379€). With an EBITDA of 167 166€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.23x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
57 tx
72k€ 308k€ 586k€
308 470 € Range: 72 023€ - 586 379€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
167 166 € × 2.5x
Estimation 424 495 €
83 429€ - 785 027€
Revenue Multiple 30%
502 746 € × 0.23x
Estimation 114 023 €
52 992€ - 238 574€
Net Income Multiple 20%
101 811 € × 3.0x
Estimation 310 084 €
72 060€ - 611 471€
How is this estimate calculated?

This estimate is based on the analysis of 57 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 de matériel médico-chirurgical et dentaire)

Compare PROVENCE PROTHESE TECHNOLOGIES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire

Frequently asked questions about PROVENCE PROTHESE TECHNOLOGIES

What is the revenue of PROVENCE PROTHESE TECHNOLOGIES ?

The revenue of PROVENCE PROTHESE TECHNOLOGIES in 2021 is 503 k€.

Is PROVENCE PROTHESE TECHNOLOGIES profitable?

Yes, PROVENCE PROTHESE TECHNOLOGIES generated a net profit of 102 k€ in 2021.

Where is the headquarters of PROVENCE PROTHESE TECHNOLOGIES ?

The headquarters of PROVENCE PROTHESE TECHNOLOGIES is located in NICE (06000), in the department Alpes-Maritimes.

Where to find the tax return of PROVENCE PROTHESE TECHNOLOGIES ?

The tax return of PROVENCE PROTHESE TECHNOLOGIES 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 PROTHESE TECHNOLOGIES operate?

PROVENCE PROTHESE TECHNOLOGIES operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.