SIREN : 479802365
MARE NOSTRUM is a French company founded 21 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in GRENOBLE (38100), this company of category ETI shows in 2023 a revenue of 10.7 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 677 511 € | 10 454 944 € | 8 732 838 € | 6 329 725 € | 7 629 140 € | 5 430 635 € | 4 351 892 € | 3 294 385 € |
| Net income | -15 664 642 € | 253 928 € | -765 901 € | -1 155 844 € | 1 570 769 € | 657 127 € | 107 746 € | 54 793 € |
| EBITDA | 215 758 € | 350 877 € | 482 129 € | -1 492 354 € | -1 422 € | -253 571 € | -232 104 € | 21 173 € |
| Net margin | -146.7% | 2.4% | -8.8% | -18.3% | 20.6% | 12.1% | 2.5% | 1.7% |
In 2023, MARE NOSTRUM achieves revenue of 10.7 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +18.3%. Vs 2022: +2%. After deducting consumption (2.3 M€), gross margin stands at 8.4 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 216 k€, representing 2.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -15.7 M€ (-146.7% of revenue), which will impact equity.
10 677 511 €
8 398 892 €
215 758 €
-155 183 €
-15 664 642 €
2.0%
The debt ratio (= Financial debt / Equity x 100) stands at -1666%. 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 -5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-1665.509%
-4.958%
-8.946%
-31.259
43.1%
In 2023, the debt ratio of MARE NOSTRUM (-1665.51) 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.
In 2023, the financial autonomy of MARE NOSTRUM (-5.0%) 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 2023, the repayment capacity of MARE NOSTRUM (-31.26) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 147.47. 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 7817.7x. Operating income very largely covers interest expenses: high safety margin.
147.471
7817.745
In 2023, the liquidity ratio of MARE NOSTRUM (147.47) 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 2023, the interest coverage of MARE NOSTRUM (7817.7x) 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: 156 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. The gap of 53 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 296 days of revenue, i.e. 8.8 M€ to permanently finance. Over 2016-2023, WCR increased by +55%, requiring additional financing.
8 787 271 €
156 j
103 j
0 j
296 j
Based on 131 transactions of similar company sales (all years), the value of MARE NOSTRUM is estimated at 2 081 892 € (range 909 540€ - 3 824 054€). With an EBITDA of 215 758€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 131 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 MARE NOSTRUM with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.
The revenue of MARE NOSTRUM in 2023 is 10.7 M€.
MARE NOSTRUM recorded a net loss in 2023.
The headquarters of MARE NOSTRUM is located in GRENOBLE (38100), in the department Isere.
The tax return of MARE NOSTRUM 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).
MARE NOSTRUM operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.