SIREN : 397914284
MARTENAT is a French company founded 31 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in CAGNY (14630), this company of category ETI shows in 2024 a revenue of 38.4 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38 384 214 € | 40 758 111 € | 36 028 844 € | 38 649 355 € | 32 536 329 € | 32 205 675 € | 30 705 810 € | 27 986 896 € | 26 835 614 € |
| Net income | 387 408 € | 370 660 € | 566 554 € | 313 268 € | 236 100 € | 97 202 € | 368 090 € | 390 104 € | 377 450 € |
| EBITDA | 1 228 706 € | 955 604 € | 844 714 € | 807 884 € | 331 466 € | 121 624 € | 662 765 € | 426 343 € | 414 121 € |
| Net margin | 1.0% | 0.9% | 1.6% | 0.8% | 0.7% | 0.3% | 1.2% | 1.4% | 1.4% |
In 2024, MARTENAT achieves revenue of 38.4 M€. Revenue is growing positively over 9 years (CAGR: +4.6%). Slight decline of -6% vs 2023. After deducting consumption (27.3 M€), gross margin stands at 11.1 M€, i.e. a rate of 29%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 387 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.
38 384 214 €
11 115 995 €
1 228 706 €
784 479 €
387 408 €
3.2%
The debt ratio (= Financial debt / Equity x 100) stands at 156%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
155.635%
18.35%
2.024%
1.649
40.1%
In 2024, the debt ratio of MARTENAT (155.63) 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 2024, the financial autonomy of MARTENAT (18.4%) 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 2024, the repayment capacity of MARTENAT (1.65) 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 127.19. 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 14.1x. Operating income very largely covers interest expenses: high safety margin.
127.19
14.064
In 2024, the liquidity ratio of MARTENAT (127.19) 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.
In 2024, the interest coverage of MARTENAT (14.1x) 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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. Excellent situation: suppliers finance 50 days of the operating cycle (retail model). Inventory turnover is 100 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 114 days of revenue, i.e. 12.1 M€ to permanently finance. Over 2016-2024, WCR increased by +46%, requiring additional financing.
12 139 008 €
25 j
75 j
100 j
114 j
Based on 148 transactions of similar company sales in 2024, the value of MARTENAT is estimated at 3 040 304 € (range 1 321 439€ - 5 376 753€). With an EBITDA of 1 228 706€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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 148 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 MARTENAT with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of MARTENAT in 2024 is 38.4 M€.
Yes, MARTENAT generated a net profit of 387 k€ in 2024.
The headquarters of MARTENAT is located in CAGNY (14630), in the department Calvados.
The tax return of MARTENAT 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).
MARTENAT operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.