SIREN : 419888284
2M 2N is a French company founded 27 years ago, specialized in the sector Récupération de déchets triés. Based in SAINT-LOUIS (97421), this company of category PME shows in 2019 a revenue of 334 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|
| Revenue | 333 863 € | 308 647 € | 238 232 € | 472 625 € | 403 170 € | 405 024 € |
| Net income | 13 968 € | 8 397 € | -117 173 € | 22 617 € | -8 149 € | 4 055 € |
| EBITDA | 62 645 € | 77 294 € | -34 955 € | 111 592 € | 112 552 € | 136 875 € |
| Net margin | 4.2% | 2.7% | -49.2% | 4.8% | -2.0% | 1.0% |
In 2019, 2M 2N achieves revenue of 334 k€. Activity remains stable over the period (CAGR: -3.8%). Vs 2018: +8%. After deducting consumption (3 k€), gross margin stands at 331 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 63 k€, representing 18.8% of revenue. Warning negative scissor effect: despite revenue change (+8%), EBITDA varies by -19%, reducing margin by 6.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
333 863 €
330 655 €
62 645 €
9 656 €
13 968 €
18.8%
The debt ratio (= Financial debt / Equity x 100) stands at 63%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
63.133%
48.134%
-34.917%
-1.573
10.6%
In 2019, the debt ratio of 2M 2N (63.13) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of 2M 2N (48.1%) 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.
In 2019, the repayment capacity of 2M 2N (-1.57) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 384.31. 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 10.3x. Operating income very largely covers interest expenses: high safety margin.
384.307
10.263
In 2019, the liquidity ratio of 2M 2N (384.31) 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 2M 2N (10.3x) 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: 433 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 123 days. The gap of 310 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 375 days of revenue, i.e. 348 k€ to permanently finance.
347 802 €
433 j
123 j
0 j
375 j
Based on 85 transactions of similar company sales
(all years),
the value of 2M 2N is estimated at
54 844 €
(range 21 452€ - 122 596€).
With an EBITDA of 62 645€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 2M 2N with other companies in the same sector:
Voir toutes les statistiques du secteur Récupération de déchets triés
The revenue of 2M 2N in 2019 is 334 k€.
Yes, 2M 2N generated a net profit of 14 k€ in 2019.
The headquarters of 2M 2N is located in SAINT-LOUIS (97421), in the department La Reunion.
The tax return of 2M 2N 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).
2M 2N operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.