CONSERVERIE MICELI : revenue, balance sheet and financial ratios

CONSERVERIE MICELI is a French company founded 47 years ago, specialized in the sector Transformation et conservation de poisson, de crustacés et de mollusques. Based in VITROLLES (13127), this company of category PME shows in 2024 a revenue of 15.6 M€. 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 - CONSERVERIE MICELI (SIREN 315175380)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 15 575 606 € 14 597 466 € 13 662 700 € 13 613 171 € 13 980 123 € 13 496 343 € 13 661 565 € 13 658 030 € 13 868 423 €
Net income 219 992 € 419 281 € 523 024 € 806 503 € 623 180 € 501 685 € 546 576 € 625 788 € 675 172 €
EBITDA 161 098 € 471 551 € 698 384 € 817 125 € 895 061 € 724 437 € 784 629 € 937 537 € 990 314 €
Net margin 1.4% 2.9% 3.8% 5.9% 4.5% 3.7% 4.0% 4.6% 4.9%

Revenue and income statement

In 2024, CONSERVERIE MICELI achieves revenue of 15.6 M€. Revenue is growing positively over 9 years (CAGR: +1.5%). Vs 2023: +7%. After deducting consumption (13.1 M€), gross margin stands at 2.5 M€, i.e. a rate of 16%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 161 k€, representing 1.0% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -66%, reducing margin by 2.2 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 220 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

15 575 606 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 495 453 €

EBITDA (2024) ?
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

161 098 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

156 290 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

219 992 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.0%

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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 18%. 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 77%. 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 7.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

18.128%

Financial autonomy (2024) ?
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

76.733%

Cash flow / Revenue (2024) ?
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

1.374%

Repayment capacity (2024) ?
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

7.86

Asset age ratio (2024) ?
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

2.3%

Solvency indicators evolution
CONSERVERIE MICELI

Sector positioning

Debt ratio
18.13 2024
2022
2023
2024
Q1: 6.77
Med: 28.58
Q3: 103.58
Good

In 2024, the debt ratio of CONSERVERIE MICELI (18.13) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
76.73% 2024
2022
2023
2024
Q1: 16.68%
Med: 41.95%
Q3: 62.53%
Excellent

In 2024, the financial autonomy of CONSERVERIE MICELI (76.7%) 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.

Repayment capacity
7.86 years 2024
2022
2023
2024
Q1: -0.34 years
Med: 0.48 years
Q3: 2.3 years
Watch +14 pts over 3 years

In 2024, the repayment capacity of CONSERVERIE MICELI (7.86) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 859.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

859.299

Interest coverage (2024) ?
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

0.0

Liquidity indicators evolution
CONSERVERIE MICELI

Sector positioning

Liquidity ratio
859.3 2024
2022
2023
2024
Q1: 118.24
Med: 202.71
Q3: 324.61
Excellent

In 2024, the liquidity ratio of CONSERVERIE MICELI (859.30) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: -1.06x
Med: 0.68x
Q3: 6.85x
Average +15 pts over 3 years

In 2024, the interest coverage of CONSERVERIE MICELI (0.0x) 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: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. The company must finance 2 days of gap between collections and payments. Inventory turnover is 67 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 94 days of revenue, i.e. 4.1 M€ to permanently finance. Over 2016-2024, WCR increased by +44%, requiring additional financing.

Operating WCR (2024) ?
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

4 065 545 €

Customer credit (2024) ?
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

24 j

Supplier credit (2024) ?
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

22 j

Inventory turnover (2024) ?
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

67 j

WCR in days of revenue (2024) ?
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

94 j

WCR and payment terms evolution
CONSERVERIE MICELI

Positioning of CONSERVERIE MICELI in its sector

Comparison with sector Transformation et conservation de poisson, de crustacés et de mollusques

Valuation estimate

Based on 242 transactions of similar company sales in 2024, the value of CONSERVERIE MICELI is estimated at 3 470 949 € (range 2 071 290€ - 4 948 866€). With an EBITDA of 161 098€, the sector multiple of 6.6x is applied. The price/revenue ratio is 0.56x (in line with sector norms). 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.

Estimated enterprise value 2024
242 transactions
2071k€ 3470k€ 4948k€
3 470 949 € Range: 2 071 290€ - 4 948 866€
Section année 2024 Aggregated at NAF section level

Valuation detail by method

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EBITDA Multiple 50%
161 098 € × 6.6x
Estimation 1 056 682 €
535 624€ - 1 745 045€
Revenue Multiple 30%
15 575 606 € × 0.56x
Estimation 8 725 580 €
5 396 071€ - 11 552 030€
Net Income Multiple 20%
219 992 € × 7.4x
Estimation 1 624 671 €
923 285€ - 3 053 674€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 242 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 (Transformation et conservation de poisson, de crustacés et de mollusques)

Compare CONSERVERIE MICELI with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de poisson, de crustacés et de mollusques

Frequently asked questions about CONSERVERIE MICELI

What is the revenue of CONSERVERIE MICELI ?

The revenue of CONSERVERIE MICELI in 2024 is 15.6 M€.

Is CONSERVERIE MICELI profitable?

Yes, CONSERVERIE MICELI generated a net profit of 220 k€ in 2024.

Where is the headquarters of CONSERVERIE MICELI ?

The headquarters of CONSERVERIE MICELI is located in VITROLLES (13127), in the department Bouches-du-Rhone.

Where to find the tax return of CONSERVERIE MICELI ?

The tax return of CONSERVERIE MICELI 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 CONSERVERIE MICELI operate?

CONSERVERIE MICELI operates in the sector Transformation et conservation de poisson, de crustacés et de mollusques (NAF code 10.20Z). See the 'Sector positioning' section above to compare the company with its competitors.