FROID&SERVICES MEDITERRANEE : revenue, balance sheet and financial ratios

FROID&SERVICES MEDITERRANEE is a French company founded 44 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in VITROLLES (13127), this company of category ETI shows in 2024 a revenue of 13.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FROID&SERVICES MEDITERRANEE (SIREN 302591524)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 13 238 627 € 12 410 984 € 9 367 503 € 9 722 780 € 8 124 142 € 8 909 383 € 9 253 413 € 8 908 081 € 8 254 158 €
Net income 1 063 587 € 1 020 886 € 704 682 € 656 754 € 551 412 € 552 968 € 518 566 € 263 824 € 436 275 €
EBITDA 1 428 443 € 1 303 558 € 935 916 € 861 007 € 652 043 € 747 997 € 703 028 € 481 672 € 510 610 €
Net margin 8.0% 8.2% 7.5% 6.8% 6.8% 6.2% 5.6% 3.0% 5.3%

Revenue and income statement

In 2024, FROID&SERVICES MEDITERRANEE achieves revenue of 13.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.1%. Vs 2023: +7%. After deducting consumption (6.8 M€), gross margin stands at 6.4 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 10.8% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 8.0% 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

13 238 627 €

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

6 393 425 €

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

1 428 443 €

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

1 350 113 €

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

1 063 587 €

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

10.8%

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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 0%. 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 35%. The balance between equity and debt is satisfactory. Cash flow represents 9.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

0.071%

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

34.567%

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

9.551%

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

0.0

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

12.4%

Solvency indicators evolution
FROID&SERVICES MEDITERRANEE

Sector positioning

Debt ratio
0.07 2024
2022
2023
2024
Q1: 2.87
Med: 17.34
Q3: 52.01
Excellent -6 pts over 3 years

In 2024, the debt ratio of FROID&SERVICES MEDITERRANEE (0.07) 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
34.57% 2024
2022
2023
2024
Q1: 23.1%
Med: 44.97%
Q3: 62.71%
Average -9 pts over 3 years

In 2024, the financial autonomy of FROID&SERVICES MEDITERRANEE (34.6%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.31 years
Q3: 1.48 years
Excellent -9 pts over 3 years

In 2024, the repayment capacity of FROID&SERVICES MEDITERRANEE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 226.43. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

226.432

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

0.018

Liquidity indicators evolution
FROID&SERVICES MEDITERRANEE

Sector positioning

Liquidity ratio
226.43 2024
2022
2023
2024
Q1: 167.32
Med: 242.93
Q3: 357.25
Average -12 pts over 3 years

In 2024, the liquidity ratio of FROID&SERVICES MEDITERRANEE (226.43) 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
0.02x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.55x
Q3: 3.79x
Average -7 pts over 3 years

In 2024, the interest coverage of FROID&SERVICES MEDITERRANEE (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: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 127 days of revenue, i.e. 4.7 M€ to permanently finance. Over 2016-2024, WCR increased by +102%, 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

4 663 704 €

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

59 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

87 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

52 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

127 j

WCR and payment terms evolution
FROID&SERVICES MEDITERRANEE

Positioning of FROID&SERVICES MEDITERRANEE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of FROID&SERVICES MEDITERRANEE is estimated at 2 076 924 € (range 1 257 375€ - 6 098 215€). With an EBITDA of 1 428 443€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2024
104 transactions
1257k€ 2076k€ 6098k€
2 076 924 € Range: 1 257 375€ - 6 098 215€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 428 443 € × 1.0x
Estimation 1 468 849 €
1 013 891€ - 4 805 270€
Revenue Multiple 30%
13 238 627 € × 0.27x
Estimation 3 559 919 €
1 898 303€ - 9 041 337€
Net Income Multiple 20%
1 063 587 € × 1.3x
Estimation 1 372 622 €
904 695€ - 4 915 896€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare FROID&SERVICES MEDITERRANEE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about FROID&SERVICES MEDITERRANEE

What is the revenue of FROID&SERVICES MEDITERRANEE ?

The revenue of FROID&SERVICES MEDITERRANEE in 2024 is 13.2 M€.

Is FROID&SERVICES MEDITERRANEE profitable?

Yes, FROID&SERVICES MEDITERRANEE generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of FROID&SERVICES MEDITERRANEE ?

The headquarters of FROID&SERVICES MEDITERRANEE is located in VITROLLES (13127), in the department Bouches-du-Rhone.

Where to find the tax return of FROID&SERVICES MEDITERRANEE ?

The tax return of FROID&SERVICES MEDITERRANEE 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 FROID&SERVICES MEDITERRANEE operate?

FROID&SERVICES MEDITERRANEE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.