ETABLISSEMENT MOREL FINANCES - E.M. FINANCES is a French company
founded 7 years ago,
specialized in the sector Gestion de fonds.
Based in LONS-LE-SAUNIER (39000),
this company of category PME
shows in 2024 a revenue of 899 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ETABLISSEMENT MOREL FINANCES - E.M. FINANCES achieves revenue of 899 k€. Revenue is growing positively over 7 years (CAGR: +2.7%). Vs 2023: +0%. After deducting consumption (0 €), gross margin stands at 899 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 66 k€, representing 7.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 672 k€, i.e. 74.7% 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
899 300 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
899 300 €
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
66 090 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
29 935 €
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
671 621 €
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
7.3%
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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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Item
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 10%. 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 88%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 78.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
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
10.37%
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
88.062%
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
78.703%
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
0.913
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
2018
2019
2020
2021
2022
2023
2024
Debt ratio
215.599
140.512
92.842
62.36
44.058
24.105
10.37
Financial autonomy
31.61
37.5
49.543
58.468
67.738
78.393
88.062
Repayment capacity
-593.513
6.091
4.397
3.687
2.108
1.872
0.913
Cash flow / Revenue
None%
80.13%
91.169%
82.543%
118.121%
79.894%
78.703%
Sector positioning
Debt ratio
10.372024
2022
2023
2024
Q1: 0.0
Med: 8.29
Q3: 92.98
Average-6 pts over 3 years
In 2024, the debt ratio of ETABLISSEMENT MOREL FINAN... (10.37) 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
88.06%2024
2022
2023
2024
Q1: 4.66%
Med: 48.47%
Q3: 87.35%
Excellent+14 pts over 3 years
In 2024, the financial autonomy of ETABLISSEMENT MOREL FINAN... (88.1%) 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
0.91 years2024
2022
2023
2024
Q1: -0.01 years
Med: 0.0 years
Q3: 3.01 years
Average-9 pts over 3 years
In 2024, the repayment capacity of ETABLISSEMENT MOREL FINAN... (0.91) 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 229.14. 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 13.7x. 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
229.142
Interest coverage (2024)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
695.169
96.498
101.231
110.488
268.111
210.947
229.142
Interest coverage
-18.256
251.287
88.274
41.79
32.642
19.397
13.701
Sector positioning
Liquidity ratio
229.142024
2022
2023
2024
Q1: 100.72
Med: 472.35
Q3: 3121.45
Average-6 pts over 3 years
In 2024, the liquidity ratio of ETABLISSEMENT MOREL FINAN... (229.14) 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
13.7x2024
2022
2023
2024
Q1: -71.24x
Med: 0.0x
Q3: 0.0x
Excellent
In 2024, the interest coverage of ETABLISSEMENT MOREL FINAN... (13.7x) 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 33 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 47 days of revenue, i.e. 116 k€ 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
116 405 €
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
69 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
36 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
0 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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
-17 900 €
-169 080 €
-141 543 €
17 234 €
71 876 €
116 405 €
Inventory turnover (days)
0
0
0
0
0
0
0
Customer payment term (days)
0
89
10
29
5
51
69
Supplier payment term (days)
739
56
43
41
35
37
36
Positioning of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES in its sector
Comparison with sector Gestion de fonds
Valuation estimate
Based on 62 transactions of similar company sales
in 2024,
the value of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES is estimated at
1 233 493 €
(range 373 692€ - 2 552 470€).
With an EBITDA of 66 090€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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.
Estimated enterprise value2024
62 tx
373k€1233k€2552k€
1 233 493 €Range: 373 692€ - 2 552 470€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
66 090 €×4.8x
Estimation317 082 €
98 619€ - 713 806€
Revenue Multiple30%
899 300 €×0.30x
Estimation273 760 €
141 649€ - 762 254€
Net Income Multiple20%
671 621 €×7.4x
Estimation4 964 123 €
1 409 444€ - 9 834 457€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 62 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 (Gestion de fonds)
Compare ETABLISSEMENT MOREL FINANCES - E.M. FINANCES with other companies in the same sector:
Frequently asked questions about ETABLISSEMENT MOREL FINANCES - E.M. FINANCES
What is the revenue of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES ?
The revenue of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES in 2024 is 899 k€.
Is ETABLISSEMENT MOREL FINANCES - E.M. FINANCES profitable?
Yes, ETABLISSEMENT MOREL FINANCES - E.M. FINANCES generated a net profit of 672 k€ in 2024.
Where is the headquarters of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES ?
The headquarters of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES is located in LONS-LE-SAUNIER (39000), in the department Jura.
Where to find the tax return of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES ?
The tax return of ETABLISSEMENT MOREL FINANCES - E.M. FINANCES 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 ETABLISSEMENT MOREL FINANCES - E.M. FINANCES operate?
ETABLISSEMENT MOREL FINANCES - E.M. FINANCES operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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