MAISON MER : revenue, balance sheet and financial ratios

MAISON MER is a French company founded 35 years ago, specialized in the sector Transformation et conservation de poisson, de crustacés et de mollusques. Based in LA ROCHELLE (17000), this company of category ETI shows in 2024 a revenue of 32.2 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 - MAISON MER (SIREN 381589498)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 32 202 965 € 31 900 717 € 31 149 042 € 26 400 473 € 26 964 336 € 31 777 686 € 30 058 711 € 29 604 515 €
Net income 1 454 180 € -36 903 € -400 924 € 200 979 € 929 118 € 1 087 682 € 1 472 759 € 400 537 €
EBITDA 322 317 € 121 275 € -330 644 € 739 162 € 1 571 491 € 1 667 802 € 1 466 923 € 1 227 931 €
Net margin 4.5% -0.1% -1.3% 0.8% 3.4% 3.4% 4.9% 1.4%

Revenue and income statement

In 2024, MAISON MER achieves revenue of 32.2 M€. Revenue is growing positively over 8 years (CAGR: +1.1%). Vs 2023: +1%. After deducting consumption (24.9 M€), gross margin stands at 7.3 M€, i.e. a rate of 23%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 322 k€, representing 1.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 4.5% 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

32 202 965 €

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

7 287 266 €

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

322 317 €

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

118 287 €

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

1 454 180 €

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

1.0%

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Chart evolution

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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 7%. 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 66%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

7.204%

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

65.87%

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

4.833%

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

0.669

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

29.0%

Solvency indicators evolution
MAISON MER

Sector positioning

Debt ratio
7.2 2024
2022
2023
2024
Q1: 6.77
Med: 28.58
Q3: 103.58
Good

In 2024, the debt ratio of MAISON MER (7.20) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
65.87% 2024
2022
2023
2024
Q1: 16.68%
Med: 41.95%
Q3: 62.53%
Excellent

In 2024, the financial autonomy of MAISON MER (65.9%) 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
0.67 years 2024
2022
2023
2024
Q1: -0.34 years
Med: 0.48 years
Q3: 2.3 years
Average +28 pts over 3 years

In 2024, the repayment capacity of MAISON MER (0.67) 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 273.17. 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 6.1x. Operating income very largely covers interest expenses: high safety margin.

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

273.168

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

6.075

Liquidity indicators evolution
MAISON MER

Sector positioning

Liquidity ratio
273.17 2024
2022
2023
2024
Q1: 118.24
Med: 202.71
Q3: 324.61
Good

In 2024, the liquidity ratio of MAISON MER (273.17) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
6.08x 2024
2022
2023
2024
Q1: -1.06x
Med: 0.68x
Q3: 6.85x
Good +47 pts over 3 years

In 2024, the interest coverage of MAISON MER (6.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 76 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 151 days of revenue, i.e. 13.5 M€ to permanently finance. Over 2016-2024, WCR increased by +44%, 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

13 476 297 €

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

75 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

50 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

76 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

151 j

WCR and payment terms evolution
MAISON MER

Positioning of MAISON MER in its sector

Comparison with sector Transformation et conservation de poisson, de crustacés et de mollusques

Valuation estimate

Based on 242 transactions of similar company sales in 2024, the value of MAISON MER is estimated at 8 617 051 € (range 5 103 390€ - 12 947 984€). With an EBITDA of 322 317€, the sector multiple of 6.6x is applied. The price/revenue ratio is 0.56x (in line with sector norms). 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
242 transactions
5103k€ 8617k€ 12947k€
8 617 051 € Range: 5 103 390€ - 12 947 984€
Section année 2024 Aggregated at NAF section level

Valuation detail by method

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EBITDA Multiple 50%
322 317 € × 6.6x
Estimation 2 114 158 €
1 071 651€ - 3 491 400€
Revenue Multiple 30%
32 202 965 € × 0.56x
Estimation 18 040 361 €
11 156 516€ - 23 884 119€
Net Income Multiple 20%
1 454 180 € × 7.4x
Estimation 10 739 321 €
6 103 052€ - 20 185 244€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 242 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 (Transformation et conservation de poisson, de crustacés et de mollusques)

Compare MAISON MER with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de poisson, de crustacés et de mollusques

Frequently asked questions about MAISON MER

What is the revenue of MAISON MER ?

The revenue of MAISON MER in 2024 is 32.2 M€.

Is MAISON MER profitable?

Yes, MAISON MER generated a net profit of 1.5 M€ in 2024.

Where is the headquarters of MAISON MER ?

The headquarters of MAISON MER is located in LA ROCHELLE (17000), in the department Charente-Maritime.

Where to find the tax return of MAISON MER ?

The tax return of MAISON MER 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 MAISON MER operate?

MAISON MER operates in the sector Transformation et conservation de poisson, de crustacés et de mollusques (NAF code 10.20Z). See the 'Sector positioning' section above to compare the company with its competitors.