SIREN : 789380904
MECOJIT 1 is a French company founded 13 years ago, specialized in the sector Production d'électricité. Based in NIORT (79000), this company of category ETI shows in 2024 a revenue of 1.0 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 | 1 018 344 € | 1 051 666 € | 1 124 634 € | 1 018 318 € | 1 077 874 € | 1 029 950 € | 997 679 € | 1 019 444 € | 983 788 € |
| Net income | 79 243 € | 98 258 € | 276 707 € | 236 588 € | 280 342 € | 216 612 € | 102 481 € | 131 245 € | 11 861 € |
| EBITDA | 805 854 € | 850 662 € | 957 869 € | 830 134 € | 857 432 € | 790 341 € | 828 465 € | 828 855 € | 785 792 € |
| Net margin | 7.8% | 9.3% | 24.6% | 23.2% | 26.0% | 21.0% | 10.3% | 12.9% | 1.2% |
In 2024, MECOJIT 1 achieves revenue of 1.0 M€. Revenue is growing positively over 9 years (CAGR: +0.4%). Slight decline of -3% vs 2023. After deducting consumption (0 €), gross margin stands at 1.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 806 k€, representing 79.1% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 79 k€, i.e. 7.8% of revenue. This profit can be retained or distributed to shareholders.
1 018 344 €
1 018 344 €
805 854 €
355 316 €
79 243 €
79.1%
The debt ratio (= Financial debt / Equity x 100) stands at 6730%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 48.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
6729.834%
1.438%
48.828%
13.039
51.2%
In 2024, the debt ratio of MECOJIT 1 (6729.83) 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 MECOJIT 1 (1.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of MECOJIT 1 (13.04) 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 962.31. 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 35.4x. Operating income very largely covers interest expenses: high safety margin.
962.312
35.426
In 2024, the liquidity ratio of MECOJIT 1 (962.31) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of MECOJIT 1 (35.4x) 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: 143 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 95 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 144 days of revenue, i.e. 408 k€ to permanently finance. Notable WCR improvement over the period (-22%), freeing up cash.
408 468 €
143 j
48 j
0 j
144 j
Based on 85 transactions of similar company sales
(all years),
the value of MECOJIT 1 is estimated at
1 231 948 €
(range 160 183€ - 4 899 121€).
With an EBITDA of 805 854€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 MECOJIT 1 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of MECOJIT 1 in 2024 is 1.0 M€.
Yes, MECOJIT 1 generated a net profit of 79 k€ in 2024.
The headquarters of MECOJIT 1 is located in NIORT (79000), in the department Deux-Sevres.
The tax return of MECOJIT 1 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).
MECOJIT 1 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.