SIREN : 493659965
M2 is a French company founded 19 years ago, specialized in the sector Commerce de détail d'autres équipements du foyer. Based in VINAY (38470), this company of category PME shows in 2022 a revenue of 611 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 610 950 € | 901 438 € | 733 441 € | 983 957 € | 1 782 046 € | 1 336 304 € | 546 360 € |
| Net income | -5 326 € | -16 221 € | -35 400 € | 3 028 € | 13 285 € | -26 458 € | 975 € |
| EBITDA | 19 360 € | 2 211 € | -27 302 € | 27 002 € | 22 498 € | -19 477 € | -10 439 € |
| Net margin | -0.9% | -1.8% | -4.8% | 0.3% | 0.7% | -2.0% | 0.2% |
In 2022, M2 achieves revenue of 611 k€. Revenue is growing positively over 7 years (CAGR: +1.9%). Significant drop of -32% vs 2021. After deducting consumption (251 k€), gross margin stands at 360 k€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 3.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.9 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -5 k€ (-0.9% of revenue), which will impact equity.
610 950 €
360 100 €
19 360 €
3 084 €
-5 326 €
3.2%
The debt ratio (= Financial debt / Equity x 100) stands at 698%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 38.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
698.493%
8.668%
1.782%
38.693
26.7%
In 2022, the debt ratio of M2 (698.49) 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 2022, the financial autonomy of M2 (8.7%) 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 2022, the repayment capacity of M2 (38.69) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 174.57. 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 45.9x. Operating income very largely covers interest expenses: high safety margin.
174.566
45.925
In 2022, the liquidity ratio of M2 (174.57) 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.
In 2022, the interest coverage of M2 (45.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 126 days. Excellent situation: suppliers finance 95 days of the operating cycle (retail model). Inventory turnover is 223 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 276 days of revenue, i.e. 468 k€ to permanently finance. Over 2016-2022, WCR increased by +266%, requiring additional financing.
467 756 €
31 j
126 j
223 j
276 j
Based on 61 transactions of similar company sales
in 2022,
the value of M2 is estimated at
90 676 €
(range 39 999€ - 147 658€).
With an EBITDA of 19 360€, the sector multiple of 2.4x 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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 61 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 M2 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail d'autres équipements du foyer
The revenue of M2 in 2022 is 611 k€.
M2 recorded a net loss in 2022.
The headquarters of M2 is located in VINAY (38470), in the department Isere.
The tax return of M2 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).
M2 operates in the sector Commerce de détail d'autres équipements du foyer (NAF code 47.59B). See the 'Sector positioning' section above to compare the company with its competitors.