Employees: 21 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 1995-06-12 (30 years)Status: ActiveBusiness sector: Fabrication de pièces techniques à base de matières plastiquesLocation: SAINT-CHAMOND (42400), Loire
ADDEV MICEL : revenue, balance sheet and financial ratios
ADDEV MICEL is a French company
founded 30 years ago,
specialized in the sector Fabrication de pièces techniques à base de matières plastiques.
Based in SAINT-CHAMOND (42400),
this company of category ETI
shows in 2024 a revenue of 16.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ADDEV MICEL achieves revenue of 16.9 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Vs 2023: +1%. After deducting consumption (9.6 M€), gross margin stands at 7.3 M€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 673 k€, representing 4.0% of revenue. Positive scissor effect: EBITDA margin improves by +2.4 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 90 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
16 948 891 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
7 310 743 €
EBITDA (2024)
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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
673 476 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
468 203 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
90 125 €
EBITDA margin (2024)
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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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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 66%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
2.104%
Financial autonomy (2024)
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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
65.697%
Cash flow / Revenue (2024)
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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
2.625%
Repayment capacity (2024)
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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
0.481
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
72.502
43.019
55.77
19.189
2.17
2.907
24.428
0.234
2.104
Financial autonomy
44.281
57.677
45.982
54.531
58.415
60.437
65.68
62.709
65.697
Repayment capacity
3.441
1.204
2.489
1.289
0.177
0.136
0.049
0.0
0.481
Cash flow / Revenue
10.362%
21.83%
10.644%
8.069%
8.207%
8.058%
3.184%
1.49%
2.625%
Sector positioning
Debt ratio
2.12024
2022
2023
2024
Q1: 7.54
Med: 27.74
Q3: 63.65
Excellent-17 pts over 3 years
In 2024, the debt ratio of ADDEV MICEL (2.10) 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
65.7%2024
2022
2023
2024
Q1: 30.63%
Med: 49.0%
Q3: 65.86%
Good
In 2024, the financial autonomy of ADDEV MICEL (65.7%) 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
0.48 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.78 years
Q3: 2.44 years
Good+15 pts over 3 years
In 2024, the repayment capacity of ADDEV MICEL (0.48) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 108.03. 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 185.0x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
108.034
Interest coverage (2024)
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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
185.019
Liquidity indicators evolution ADDEV MICEL
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
99.194
165.303
110.088
86.553
80.27
116.147
105.167
94.664
108.034
Interest coverage
26.091
103.919
9.065
17.975
58.42
10.059
11.16
71.479
185.019
Sector positioning
Liquidity ratio
108.032024
2022
2023
2024
Q1: 173.28
Med: 264.79
Q3: 378.42
Watch
In 2024, the liquidity ratio of ADDEV MICEL (108.03) 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
185.02x2024
2022
2023
2024
Q1: 0.0x
Med: 2.4x
Q3: 11.98x
Excellent+6 pts over 3 years
In 2024, the interest coverage of ADDEV MICEL (185.0x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 57 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 23 days of revenue, i.e. 1.1 M€ to permanently finance.
Operating WCR (2024)
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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
1 094 051 €
Customer credit (2024)
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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
20 j
Supplier credit (2024)
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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
35 j
Inventory turnover (2024)
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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
57 j
WCR in days of revenue (2024)
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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 ADDEV MICEL
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
1 022 570 €
3 697 915 €
2 195 669 €
567 308 €
-642 800 €
3 541 953 €
4 821 632 €
686 284 €
1 094 051 €
Inventory turnover (days)
56
58
69
64
61
86
64
62
57
Customer payment term (days)
16
23
22
28
22
16
13
17
20
Supplier payment term (days)
41
58
44
42
51
61
47
42
35
Positioning of ADDEV MICEL in its sector
Comparison with sector Fabrication de pièces techniques à base de matières plastiques
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions).
This range of 642 615€ to 3 117 744€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
642k€1915k€3117k€
1 915 048 €Range: 642 615€ - 3 117 744€
NAF 5 all-time
How is this estimate calculated?
This estimate is based on the analysis of 46 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 pièces techniques à base de matières plastiques)
Compare ADDEV MICEL with other companies in the same sector:
Yes, ADDEV MICEL generated a net profit of 90 k€ in 2024.
Where is the headquarters of ADDEV MICEL ?
The headquarters of ADDEV MICEL is located in SAINT-CHAMOND (42400), in the department Loire.
Where to find the tax return of ADDEV MICEL ?
The tax return of ADDEV MICEL 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 ADDEV MICEL operate?
ADDEV MICEL operates in the sector Fabrication de pièces techniques à base de matières plastiques (NAF code 22.29A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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