SIREN : 398000133
2 JMAD is a French company founded 31 years ago, specialized in the sector Gestion de fonds. Based in DONZENAC (19270), this company of category PME shows in 2019 a revenue of 5.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 5 775 350 € | 332 200 € | 370 533 € | 230 400 € |
| Net income | 519 471 € | -66 072 € | 396 116 € | 3 256 877 € |
| EBITDA | 275 067 € | 102 779 € | 181 672 € | -197 074 € |
| Net margin | 9.0% | -19.9% | 106.9% | 1413.6% |
In 2019, 2 JMAD achieves revenue of 5.8 M€. Over the period 2016-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +192.7%. Vs 2018, growth of +1639% (332 k€ -> 5.8 M€). After deducting consumption (3.3 M€), gross margin stands at 2.4 M€, i.e. a rate of 42%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 275 k€, representing 4.8% of revenue. Warning negative scissor effect: despite revenue change (+1639%), EBITDA varies by +168%, reducing margin by 26.2 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 519 k€, i.e. 9.0% of revenue. This profit can be retained or distributed to shareholders.
5 775 350 €
2 435 164 €
275 067 €
284 588 €
519 471 €
4.8%
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 99%. 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 5.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.007%
98.555%
5.236%
0.001
In 2019, the debt ratio of 2 JMAD (0.01) 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.
In 2019, the financial autonomy of 2 JMAD (98.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2019, the repayment capacity of 2 JMAD (0.00) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 6444.11. 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 115.1x. Operating income very largely covers interest expenses: high safety margin.
6444.112
115.08
In 2019, the liquidity ratio of 2 JMAD (6444.11) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2019, the interest coverage of 2 JMAD (115.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 416 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 569 days of revenue, i.e. 9.1 M€ to permanently finance.
9 131 695 €
3 j
5 j
416 j
569 j
Based on 61 transactions of similar company sales
in 2019,
the value of 2 JMAD is estimated at
2 259 595 €
(range 1 127 959€ - 3 767 746€).
With an EBITDA of 275 067€, the sector multiple of 3.4x is applied.
The price/revenue ratio is 0.46x
(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.
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This estimate is based on the analysis of 61 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare 2 JMAD with other companies in the same sector:
The revenue of 2 JMAD in 2019 is 5.8 M€.
Yes, 2 JMAD generated a net profit of 519 k€ in 2019.
The headquarters of 2 JMAD is located in DONZENAC (19270), in the department Correze.
The tax return of 2 JMAD 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).
2 JMAD operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.