SOC PROVENCALE DE TRAVAUX ELECTRIQUES : revenue, balance sheet and financial ratios

SOC PROVENCALE DE TRAVAUX ELECTRIQUES is a French company founded 22 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in VELAUX (13880), this company of category PME shows in 2023 a revenue of 494 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SOC PROVENCALE DE TRAVAUX ELECTRIQUES (SIREN 451738298)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 493 928 € 615 366 € 668 430 € 497 753 € 1 110 103 € 829 979 € 725 792 € 770 234 €
Net income -85 766 € -29 278 € -14 346 € -124 599 € 24 908 € 23 400 € 12 426 € 4 151 €
EBITDA -84 724 € -26 145 € -19 266 € -83 851 € 102 355 € 36 698 € 35 890 € 615 €
Net margin -17.4% -4.8% -2.1% -25.0% 2.2% 2.8% 1.7% 0.5%

Revenue and income statement

In 2023, SOC PROVENCALE DE TRAVAUX ELECTRIQUES achieves revenue of 494 k€. Revenue is declining over the period 2016-2023 (CAGR: -6.1%). Significant drop of -20% vs 2022. After deducting consumption (139 k€), gross margin stands at 355 k€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -85 k€, representing -17.2% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -224%, reducing margin by 12.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -86 k€ (-17.4% of revenue), which will impact equity.

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

493 928 €

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

354 880 €

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

-84 724 €

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

-84 357 €

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

-85 766 €

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

-17.2%

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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 85%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory.

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

84.588%

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

35.843%

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

-17.438%

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

-0.701

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

11.0%

Solvency indicators evolution
SOC PROVENCALE DE TRAVAUX ELECTRIQUES

Sector positioning

Debt ratio
84.59 2023
2021
2022
2023
Q1: 0.75
Med: 15.34
Q3: 51.58
Average +6 pts over 3 years

In 2023, the debt ratio of SOC PROVENCALE DE TRAVAUX... (84.59) 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
35.84% 2023
2021
2022
2023
Q1: 11.18%
Med: 34.0%
Q3: 55.27%
Good -14 pts over 3 years

In 2023, the financial autonomy of SOC PROVENCALE DE TRAVAUX... (35.8%) 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
-0.7 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Excellent

In 2023, the repayment capacity of SOC PROVENCALE DE TRAVAUX... (-0.70) 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 240.03. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

240.031

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

-1.513

Liquidity indicators evolution
SOC PROVENCALE DE TRAVAUX ELECTRIQUES

Sector positioning

Liquidity ratio
240.03 2023
2021
2022
2023
Q1: 153.38
Med: 216.31
Q3: 323.4
Good -20 pts over 3 years

In 2023, the liquidity ratio of SOC PROVENCALE DE TRAVAUX... (240.03) 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
-1.51x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Average

In 2023, the interest coverage of SOC PROVENCALE DE TRAVAUX... (-1.5x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 37 days of revenue, i.e. 50 k€ to permanently finance. Notable WCR improvement over the period (-80%), freeing up cash.

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

50 193 €

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

32 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

2 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

37 j

WCR and payment terms evolution
SOC PROVENCALE DE TRAVAUX ELECTRIQUES

Positioning of SOC PROVENCALE DE TRAVAUX ELECTRIQUES in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 29 123€ to 68 938€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
29k€ 62k€ 68k€
62 242 € Range: 29 123€ - 68 938€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 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 (Travaux d'installation électrique dans tous locaux)

Compare SOC PROVENCALE DE TRAVAUX ELECTRIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about SOC PROVENCALE DE TRAVAUX ELECTRIQUES

What is the revenue of SOC PROVENCALE DE TRAVAUX ELECTRIQUES ?

The revenue of SOC PROVENCALE DE TRAVAUX ELECTRIQUES in 2023 is 494 k€.

Is SOC PROVENCALE DE TRAVAUX ELECTRIQUES profitable?

SOC PROVENCALE DE TRAVAUX ELECTRIQUES recorded a net loss in 2023.

Where is the headquarters of SOC PROVENCALE DE TRAVAUX ELECTRIQUES ?

The headquarters of SOC PROVENCALE DE TRAVAUX ELECTRIQUES is located in VELAUX (13880), in the department Bouches-du-Rhone.

Where to find the tax return of SOC PROVENCALE DE TRAVAUX ELECTRIQUES ?

The tax return of SOC PROVENCALE DE TRAVAUX ELECTRIQUES 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 SOC PROVENCALE DE TRAVAUX ELECTRIQUES operate?

SOC PROVENCALE DE TRAVAUX ELECTRIQUES operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.