SABENA TECHNICS PGF : revenue, balance sheet and financial ratios

SABENA TECHNICS PGF is a French company founded 7 years ago, specialized in the sector Réparation et maintenance d'aéronefs et d'engins spatiaux . Based in PERPIGNAN (66000), this company of category ETI shows in 2023 a revenue of 26.3 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 - SABENA TECHNICS PGF (SIREN 841558471)
Indicator 2023 2022 2021 2020 2019
Revenue 26 291 325 € 22 308 333 € 18 001 057 € 16 055 998 € 15 987 835 €
Net income 353 630 € 847 971 € 370 631 € -303 601 € -1 019 926 €
EBITDA 1 060 860 € 989 220 € 809 409 € 165 187 € 21 906 €
Net margin 1.3% 3.8% 2.1% -1.9% -6.4%

Revenue and income statement

In 2023, SABENA TECHNICS PGF achieves revenue of 26.3 M€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +13.2%. Vs 2022, growth of +18% (22.3 M€ -> 26.3 M€). After deducting consumption (3.6 M€), gross margin stands at 22.7 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 4.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 354 k€, i.e. 1.3% 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

26 291 325 €

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

22 683 914 €

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

1 060 860 €

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

648 190 €

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

353 630 €

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

4.0%

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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 21%. The balance between equity and debt is satisfactory. 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

0.0%

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

20.563%

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

2.948%

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

0.0

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

64.4%

Solvency indicators evolution
SABENA TECHNICS PGF

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 0.0
Med: 8.68
Q3: 96.6
Excellent

In 2023, the debt ratio of SABENA TECHNICS PGF (0.00) 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
20.56% 2023
2021
2022
2023
Q1: 13.62%
Med: 31.96%
Q3: 56.94%
Average +10 pts over 3 years

In 2023, the financial autonomy of SABENA TECHNICS PGF (20.6%) 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 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.25 years
Excellent

In 2023, the repayment capacity of SABENA TECHNICS PGF (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 116.37. 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 20.9x. Operating income very largely covers interest expenses: high safety margin.

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

116.372

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

20.902

Liquidity indicators evolution
SABENA TECHNICS PGF

Sector positioning

Liquidity ratio
116.37 2023
2021
2022
2023
Q1: 141.43
Med: 224.88
Q3: 347.79
Watch

In 2023, the liquidity ratio of SABENA TECHNICS PGF (116.37) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
20.9x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 6.18x
Excellent

In 2023, the interest coverage of SABENA TECHNICS PGF (20.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 96 days. Excellent situation: suppliers finance 42 days of the operating cycle (retail model). Inventory turnover is 30 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 23 days of revenue, i.e. 1.6 M€ to permanently finance. Over 2019-2023, WCR increased by +612%, 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

1 649 518 €

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

54 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

96 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

30 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

23 j

WCR and payment terms evolution
SABENA TECHNICS PGF

Positioning of SABENA TECHNICS PGF in its sector

Comparison with sector Réparation et maintenance d'aéronefs et d'engins spatiaux

Valuation estimate

Based on 197 transactions of similar company sales (all years), the value of SABENA TECHNICS PGF is estimated at 3 673 011 € (range 1 597 520€ - 7 593 938€). With an EBITDA of 1 060 860€, 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 2023
197 transactions
1597k€ 3673k€ 7593k€
3 673 011 € Range: 1 597 520€ - 7 593 938€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
1 060 860 € × 2.4x
Estimation 2 565 179 €
816 953€ - 6 418 100€
Revenue Multiple 30%
26 291 325 € × 0.28x
Estimation 7 491 943 €
3 762 947€ - 13 368 354€
Net Income Multiple 20%
353 630 € × 2.0x
Estimation 714 195 €
300 800€ - 1 871 911€
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 et maintenance d'aéronefs et d'engins spatiaux )

Compare SABENA TECHNICS PGF with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation et maintenance d'aéronefs et d'engins spatiaux

Frequently asked questions about SABENA TECHNICS PGF

What is the revenue of SABENA TECHNICS PGF ?

The revenue of SABENA TECHNICS PGF in 2023 is 26.3 M€.

Is SABENA TECHNICS PGF profitable?

Yes, SABENA TECHNICS PGF generated a net profit of 354 k€ in 2023.

Where is the headquarters of SABENA TECHNICS PGF ?

The headquarters of SABENA TECHNICS PGF is located in PERPIGNAN (66000), in the department Pyrenees-Orientales.

Where to find the tax return of SABENA TECHNICS PGF ?

The tax return of SABENA TECHNICS PGF 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 SABENA TECHNICS PGF operate?

SABENA TECHNICS PGF operates in the sector Réparation et maintenance d'aéronefs et d'engins spatiaux (NAF code 33.16Z). See the 'Sector positioning' section above to compare the company with its competitors.