COMPAGNIE INDUSTRIELLE DES MASCAREIGNES : revenue, balance sheet and financial ratios

COMPAGNIE INDUSTRIELLE DES MASCAREIGNES is a French company founded 12 years ago, specialized in the sector Profilage à froid par formage ou pliage. Based in LE PORT (97420), this company of category PME shows in 2023 a revenue of 420 k€. 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 - COMPAGNIE INDUSTRIELLE DES MASCAREIGNES (SIREN 802512277)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 419 740 € 419 045 € 488 721 € 477 478 € 504 183 € 466 286 € 882 910 € 672 574 €
Net income 7 833 € -46 237 € -5 255 € -31 880 € -29 333 € -38 874 € -23 624 € 92 484 €
EBITDA 24 169 € -170 € 35 467 € 9 525 € -1 993 € 8 374 € 26 368 € 20 161 €
Net margin 1.9% -11.0% -1.1% -6.7% -5.8% -8.3% -2.7% 13.8%

Revenue and income statement

In 2023, COMPAGNIE INDUSTRIELLE DES MASCAREIGNES achieves revenue of 420 k€. Revenue is declining over the period 2016-2023 (CAGR: -6.5%). Vs 2022: +0%. After deducting consumption (69 k€), gross margin stands at 350 k€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24 k€, representing 5.8% of revenue. Positive scissor effect: EBITDA margin improves by +5.8 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 8 k€, i.e. 1.9% 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

419 740 €

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

350 293 €

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

24 169 €

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

-32 174 €

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

7 833 €

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

5.7%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -926%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% 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

-926.347%

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

-0.526%

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

4.904%

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

0.915

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

25.2%

Solvency indicators evolution
COMPAGNIE INDUSTRIELLE DES MASCAREIGNES

Sector positioning

Debt ratio
-926.35 2023
2021
2022
2023
Q1: 2.73
Med: 26.99
Q3: 56.34
Excellent -52 pts over 3 years

In 2023, the debt ratio of COMPAGNIE INDUSTRIELLE DE... (-926.35) 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
-0.53% 2023
2021
2022
2023
Q1: 27.45%
Med: 49.37%
Q3: 66.29%
Watch

In 2023, the financial autonomy of COMPAGNIE INDUSTRIELLE DE... (-0.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
0.92 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.88 years
Q3: 2.56 years
Average -25 pts over 3 years

In 2023, the repayment capacity of COMPAGNIE INDUSTRIELLE DE... (0.92) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 68.23. 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 2.2x. Financial charges are adequately covered by operations.

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

68.229

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

2.238

Liquidity indicators evolution
COMPAGNIE INDUSTRIELLE DES MASCAREIGNES

Sector positioning

Liquidity ratio
68.23 2023
2021
2022
2023
Q1: 171.95
Med: 259.81
Q3: 389.39
Watch

In 2023, the liquidity ratio of COMPAGNIE INDUSTRIELLE DE... (68.23) 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
2.24x 2023
2021
2022
2023
Q1: 0.17x
Med: 2.62x
Q3: 6.31x
Average -29 pts over 3 years

In 2023, the interest coverage of COMPAGNIE INDUSTRIELLE DE... (2.2x) 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: 133 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 450 days. Excellent situation: suppliers finance 317 days of the operating cycle (retail model). Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 149 days of revenue, i.e. 173 k€ to permanently finance.

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

173 311 €

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

133 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

450 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

48 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

149 j

WCR and payment terms evolution
COMPAGNIE INDUSTRIELLE DES MASCAREIGNES

Positioning of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES in its sector

Comparison with sector Profilage à froid par formage ou pliage

Similar companies (Profilage à froid par formage ou pliage)

Compare COMPAGNIE INDUSTRIELLE DES MASCAREIGNES with other companies in the same sector:

Voir toutes les statistiques du secteur Profilage à froid par formage ou pliage

Frequently asked questions about COMPAGNIE INDUSTRIELLE DES MASCAREIGNES

What is the revenue of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES ?

The revenue of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES in 2023 is 420 k€.

Is COMPAGNIE INDUSTRIELLE DES MASCAREIGNES profitable?

Yes, COMPAGNIE INDUSTRIELLE DES MASCAREIGNES generated a net profit of 8 k€ in 2023.

Where is the headquarters of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES ?

The headquarters of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES is located in LE PORT (97420), in the department La Reunion.

Where to find the tax return of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES ?

The tax return of COMPAGNIE INDUSTRIELLE DES MASCAREIGNES 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 COMPAGNIE INDUSTRIELLE DES MASCAREIGNES operate?

COMPAGNIE INDUSTRIELLE DES MASCAREIGNES operates in the sector Profilage à froid par formage ou pliage (NAF code 24.33Z). See the 'Sector positioning' section above to compare the company with its competitors.