CONSTRUCTIONS MEDITERRANEENNES CORSES : revenue, balance sheet and financial ratios

CONSTRUCTIONS MEDITERRANEENNES CORSES is a French company founded 26 years ago, specialized in the sector Construction de maisons individuelles. Based in AJACCIO (20090), this company of category PME shows in 2021 a revenue of 931 k€. 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

Financial history - CONSTRUCTIONS MEDITERRANEENNES CORSES (SIREN 429457732)
Indicator 2021 2020 2019 2018 2017
Revenue 931 195 € 593 326 € 990 530 € 1 267 373 € 1 354 876 €
Net income 3 902 € -22 477 € 5 844 € 2 029 € 3 772 €
EBITDA 12 029 € -11 922 € 20 169 € 7 780 € -4 230 €
Net margin 0.4% -3.8% 0.6% 0.2% 0.3%

Revenue and income statement

In 2021, CONSTRUCTIONS MEDITERRANEENNES CORSES achieves revenue of 931 k€. Revenue is declining over the period 2017-2021 (CAGR: -8.9%). Vs 2020, growth of +57% (593 k€ -> 931 k€). After deducting consumption (308 k€), gross margin stands at 624 k€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 12 k€, representing 1.3% of revenue. Positive scissor effect: EBITDA margin improves by +3.3 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 4 k€, i.e. 0.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

931 195 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

623 686 €

EBITDA (2021) ?
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

12 029 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

6 718 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

3 902 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.3%

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 265%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

265.35%

Financial autonomy (2021) ?
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

12.534%

Cash flow / Revenue (2021) ?
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

1.119%

Repayment capacity (2021) ?
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

14.868

Asset age ratio (2021) ?
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

11.7%

Solvency indicators evolution
CONSTRUCTIONS MEDITERRANEENNES CORSES

Sector positioning

Debt ratio
265.35 2021
2019
2020
2021
Q1: 0.05
Med: 17.2
Q3: 82.22
Average

In 2021, the debt ratio of CONSTRUCTIONS MEDITERRANE... (265.35) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
12.53% 2021
2019
2020
2021
Q1: 4.97%
Med: 22.83%
Q3: 43.69%
Average -8 pts over 3 years

In 2021, the financial autonomy of CONSTRUCTIONS MEDITERRANE... (12.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
14.87 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.43 years
Average

In 2021, the repayment capacity of CONSTRUCTIONS MEDITERRANE... (14.87) 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 175.06. 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 11.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

175.063

Interest coverage (2021) ?
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

10.998

Liquidity indicators evolution
CONSTRUCTIONS MEDITERRANEENNES CORSES

Sector positioning

Liquidity ratio
175.06 2021
2019
2020
2021
Q1: 124.3
Med: 178.6
Q3: 276.02
Average +17 pts over 3 years

In 2021, the liquidity ratio of CONSTRUCTIONS MEDITERRANE... (175.06) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
11.0x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.23x
Excellent

In 2021, the interest coverage of CONSTRUCTIONS MEDITERRANE... (11.0x) 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: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 94 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 66 days of revenue, i.e. 170 k€ to permanently finance.

Operating WCR (2021) ?
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

169 626 €

Customer credit (2021) ?
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

27 j

Supplier credit (2021) ?
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

44 j

Inventory turnover (2021) ?
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

94 j

WCR in days of revenue (2021) ?
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

66 j

WCR and payment terms evolution
CONSTRUCTIONS MEDITERRANEENNES CORSES

Positioning of CONSTRUCTIONS MEDITERRANEENNES CORSES in its sector

Comparison with sector Construction de maisons individuelles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 44 337€ to 335 746€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
44k€ 96k€ 335k€
96 720 € Range: 44 337€ - 335 746€
NAF 5 année 2021
How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Construction de maisons individuelles)

Compare CONSTRUCTIONS MEDITERRANEENNES CORSES with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de maisons individuelles

Frequently asked questions about CONSTRUCTIONS MEDITERRANEENNES CORSES

What is the revenue of CONSTRUCTIONS MEDITERRANEENNES CORSES ?

The revenue of CONSTRUCTIONS MEDITERRANEENNES CORSES in 2021 is 931 k€.

Is CONSTRUCTIONS MEDITERRANEENNES CORSES profitable?

Yes, CONSTRUCTIONS MEDITERRANEENNES CORSES generated a net profit of 4 k€ in 2021.

Where is the headquarters of CONSTRUCTIONS MEDITERRANEENNES CORSES ?

The headquarters of CONSTRUCTIONS MEDITERRANEENNES CORSES is located in AJACCIO (20090).

Where to find the tax return of CONSTRUCTIONS MEDITERRANEENNES CORSES ?

The tax return of CONSTRUCTIONS MEDITERRANEENNES CORSES 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 CONSTRUCTIONS MEDITERRANEENNES CORSES operate?

CONSTRUCTIONS MEDITERRANEENNES CORSES operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.