SIREN : 521740498
GROUPE MORELLEC is a French company founded 16 years ago, specialized in the sector Activités des sièges sociaux. Based in PAIMPOL (22500), this company of category PME shows in 2021 a revenue of 135 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
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 135 078 € | 100 000 € | 101 109 € | 100 510 € | 100 000 € | 100 000 € |
| Net income | 250 695 € | 181 513 € | 77 771 € | 61 527 € | 60 392 € | 76 919 € |
| EBITDA | 67 413 € | 45 981 € | 43 387 € | 47 549 € | 33 360 € | 44 078 € |
| Net margin | 185.6% | 181.5% | 76.9% | 61.2% | 60.4% | 76.9% |
In 2021, GROUPE MORELLEC achieves revenue of 135 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +6.2%. Vs 2020, growth of +35% (100 k€ -> 135 k€). After deducting consumption (-5 k€), gross margin stands at 140 k€, i.e. a rate of 103%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 67 k€, representing 49.9% of revenue. Positive scissor effect: EBITDA margin improves by +3.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 251 k€, i.e. 185.6% of revenue. This profit can be retained or distributed to shareholders.
135 078 €
139 711 €
67 413 €
67 271 €
250 695 €
49.9%
The debt ratio (= Financial debt / Equity x 100) stands at 92%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 50%. 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 7.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 185.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
91.977%
49.966%
185.697%
7.592
49.2%
In 2021, the debt ratio of GROUPE MORELLEC (91.98) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2021, the financial autonomy of GROUPE MORELLEC (50.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of GROUPE MORELLEC (7.59) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1894.79. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
1894.794
0.089
In 2021, the liquidity ratio of GROUPE MORELLEC (1894.79) 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.
In 2021, the interest coverage of GROUPE MORELLEC (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1921 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1697 days. The gap of 224 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 5973 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2021, WCR increased by +367%, requiring additional financing.
2 241 178 €
1921 j
1697 j
0 j
5973 j
Based on 65 transactions of similar company sales
in 2021,
the value of GROUPE MORELLEC is estimated at
432 635 €
(range 212 051€ - 903 378€).
With an EBITDA of 67 413€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.46x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 65 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare GROUPE MORELLEC with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of GROUPE MORELLEC in 2021 is 135 k€.
Yes, GROUPE MORELLEC generated a net profit of 251 k€ in 2021.
The headquarters of GROUPE MORELLEC is located in PAIMPOL (22500), in the department Cotes-d'Armor.
The tax return of GROUPE MORELLEC 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).
GROUPE MORELLEC operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.