MAGNA ENGINEERED GLASS EUROPE : revenue, balance sheet and financial ratios

MAGNA ENGINEERED GLASS EUROPE is a French company founded 31 years ago, specialized in the sector Fabrication d'autres équipements automobiles. Based in HUMES-JORQUENAY (52200), this company of category PME shows in 2023 a revenue of 40.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - MAGNA ENGINEERED GLASS EUROPE (SIREN 398193169)
Indicator 2023 2022 2020 2019 2018 2017 2016 2014
Revenue 40 561 586 € 38 135 034 € 31 296 541 € 44 938 572 € 45 400 825 € 42 208 453 € 44 010 652 € 32 966 575 €
Net income -5 325 285 € -1 824 076 € 93 301 € 1 486 228 € 2 036 733 € 2 102 448 € 800 497 € -565 428 €
EBITDA -2 635 712 € 308 341 € 1 834 141 € 3 447 847 € 3 825 781 € 3 383 498 € 2 244 088 € 899 253 €
Net margin -13.1% -4.8% 0.3% 3.3% 4.5% 5.0% 1.8% -1.7%

Revenue and income statement

In 2023, MAGNA ENGINEERED GLASS EUROPE achieves revenue of 40.6 M€. Revenue is growing positively over 8 years (CAGR: +2.3%). Vs 2022: +6%. After deducting consumption (24.0 M€), gross margin stands at 16.5 M€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.6 M€, representing -6.5% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -955%, reducing margin by 7.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -5.3 M€ (-13.1% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

40 561 586 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

16 531 344 €

EBITDA (2023) ?
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

-2 635 712 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-4 947 058 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-5 325 285 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-6.5%

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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 669%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

669.151%

Financial autonomy (2023) ?
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

5.727%

Cash flow / Revenue (2023) ?
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

-9.828%

Repayment capacity (2023) ?
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 (2023) ?
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

51.1%

Solvency indicators evolution
MAGNA ENGINEERED GLASS EUROPE

Sector positioning

Debt ratio
669.15 2023
2020
2022
2023
Q1: 0.0
Med: 11.38
Q3: 61.28
Watch +53 pts over 3 years

In 2023, the debt ratio of MAGNA ENGINEERED GLASS EU... (669.15) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
5.73% 2023
2020
2022
2023
Q1: 15.55%
Med: 37.03%
Q3: 57.89%
Average -45 pts over 3 years

In 2023, the financial autonomy of MAGNA ENGINEERED GLASS EU... (5.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.03 years
Q3: 2.02 years
Excellent -22 pts over 3 years

In 2023, the repayment capacity of MAGNA ENGINEERED GLASS EU... (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 56.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

56.905

Interest coverage (2023) ?
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

-15.264

Liquidity indicators evolution
MAGNA ENGINEERED GLASS EUROPE

Sector positioning

Liquidity ratio
56.91 2023
2020
2022
2023
Q1: 117.44
Med: 184.17
Q3: 284.25
Watch -15 pts over 3 years

In 2023, the liquidity ratio of MAGNA ENGINEERED GLASS EU... (56.91) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-15.26x 2023
2020
2022
2023
Q1: -2.6x
Med: 0.16x
Q3: 7.42x
Average -29 pts over 3 years

In 2023, the interest coverage of MAGNA ENGINEERED GLASS EU... (-15.3x) 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: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 137 days. Excellent situation: suppliers finance 94 days of the operating cycle (retail model). Inventory turnover is 76 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 140 days of revenue, i.e. 15.8 M€ to permanently finance.

Operating WCR (2023) ?
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

15 826 725 €

Customer credit (2023) ?
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

43 j

Supplier credit (2023) ?
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

137 j

Inventory turnover (2023) ?
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

76 j

WCR in days of revenue (2023) ?
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

140 j

WCR and payment terms evolution
MAGNA ENGINEERED GLASS EUROPE

Positioning of MAGNA ENGINEERED GLASS EUROPE in its sector

Comparison with sector Fabrication d'autres équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 30 209 554€ to 63 302 306€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
30209k€ 52030k€ 63302k€
52 030 628 € Range: 30 209 554€ - 63 302 306€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Fabrication d'autres équipements automobiles)

Compare MAGNA ENGINEERED GLASS EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres équipements automobiles

Frequently asked questions about MAGNA ENGINEERED GLASS EUROPE

What is the revenue of MAGNA ENGINEERED GLASS EUROPE ?

The revenue of MAGNA ENGINEERED GLASS EUROPE in 2023 is 40.6 M€.

Is MAGNA ENGINEERED GLASS EUROPE profitable?

MAGNA ENGINEERED GLASS EUROPE recorded a net loss in 2023.

Where is the headquarters of MAGNA ENGINEERED GLASS EUROPE ?

The headquarters of MAGNA ENGINEERED GLASS EUROPE is located in HUMES-JORQUENAY (52200), in the department Haute-Marne.

Where to find the tax return of MAGNA ENGINEERED GLASS EUROPE ?

The tax return of MAGNA ENGINEERED GLASS EUROPE 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 MAGNA ENGINEERED GLASS EUROPE operate?

MAGNA ENGINEERED GLASS EUROPE operates in the sector Fabrication d'autres équipements automobiles (NAF code 29.32Z). See the 'Sector positioning' section above to compare the company with its competitors.