SIREN : 792817454
MECOJIT is a French company founded 13 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in CAPDENAC-GARE (12700), this company of category PME shows in 2023 a revenue of 29.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|
| Revenue | 29 737 175 € | 16 970 239 € | 12 558 361 € | 15 582 323 € | N/C | 11 504 794 € | 15 809 935 € |
| Net income | 1 744 322 € | 1 759 267 € | 848 760 € | 906 913 € | 35 352 € | 49 443 € | 664 716 € |
| EBITDA | 2 303 893 € | 2 158 586 € | 1 262 178 € | 1 211 201 € | N/C | 222 347 € | 1 251 435 € |
| Net margin | 5.9% | 10.4% | 6.8% | 5.8% | N/C | 0.4% | 4.2% |
In 2023, MECOJIT achieves revenue of 29.7 M€. Over the period 2014-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.3%. Vs 2022, growth of +75% (17.0 M€ -> 29.7 M€). After deducting consumption (11.9 M€), gross margin stands at 17.8 M€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.3 M€, representing 7.7% of revenue. Warning negative scissor effect: despite revenue change (+75%), EBITDA varies by +7%, reducing margin by 5.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.7 M€, i.e. 5.9% of revenue. This profit can be retained or distributed to shareholders.
29 737 175 €
17 837 990 €
2 303 893 €
2 244 787 €
1 744 322 €
7.7%
The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
24.274%
30.021%
5.936%
0.845
61.5%
In 2023, the debt ratio of MECOJIT (24.27) 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 2023, the financial autonomy of MECOJIT (30.0%) 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 MECOJIT (0.84) 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 453.89. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.
453.892
1.841
In 2023, the liquidity ratio of MECOJIT (453.89) 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 2023, the interest coverage of MECOJIT (1.8x) 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: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The gap of 31 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 86 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 62 days of revenue, i.e. 5.1 M€ to permanently finance. Over 2014-2023, WCR increased by +288%, requiring additional financing.
5 142 747 €
75 j
44 j
86 j
62 j
Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 2 531 359€ to 10 786 563€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 25 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 with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux
The revenue of MECOJIT in 2023 is 29.7 M€.
Yes, MECOJIT generated a net profit of 1.7 M€ in 2023.
The headquarters of MECOJIT is located in CAPDENAC-GARE (12700), in the department Aveyron.
The tax return of MECOJIT 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 operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.