MEISER AGRICULTURE SOLUTIONS (M.A.S.) : revenue, balance sheet and financial ratios

MEISER AGRICULTURE SOLUTIONS (M.A.S.) is a French company founded 19 years ago, specialized in the sector Fabrication d'autres articles métalliques. Based in NIEDERLAUTERBACH (67630), this company of category PME shows in 2024 a revenue of 23.7 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 - MEISER AGRICULTURE SOLUTIONS (M.A.S.) (SIREN 492976535)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 23 667 059 € 26 428 929 € 39 273 179 € 34 300 718 € 27 741 873 € 27 613 079 € 28 476 810 € 29 267 290 €
Net income 288 610 € 841 122 € 3 317 184 € 2 441 274 € 1 078 295 € 1 207 162 € 954 604 € 1 117 236 €
EBITDA -179 980 € 1 668 532 € 7 272 378 € 5 098 759 € 2 901 880 € 2 787 987 € 2 995 773 € 3 664 969 €
Net margin 1.2% 3.2% 8.4% 7.1% 3.9% 4.4% 3.4% 3.8%

Revenue and income statement

In 2024, MEISER AGRICULTURE SOLUTIONS (M.A.S.) achieves revenue of 23.7 M€. Activity remains stable over the period (CAGR: -3.0%). Significant drop of -10% vs 2023. After deducting consumption (16.6 M€), gross margin stands at 7.0 M€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -180 k€, representing -0.8% of revenue. Warning negative scissor effect: despite revenue change (-10%), EBITDA varies by -111%, reducing margin by 7.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 289 k€, i.e. 1.2% 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

23 667 059 €

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

7 029 301 €

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

-179 980 €

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

-591 233 €

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

288 610 €

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

-0.8%

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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 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

6.57%

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

78.115%

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

-2.524%

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

-1.055

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

22.5%

Solvency indicators evolution
MEISER AGRICULTURE SOLUTIONS (M.A.S.)

Sector positioning

Debt ratio
6.57 2024
2022
2023
2024
Q1: 3.1
Med: 19.52
Q3: 52.68
Good +5 pts over 3 years

In 2024, the debt ratio of MEISER AGRICULTURE SOLUTI... (6.57) 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
78.11% 2024
2022
2023
2024
Q1: 33.97%
Med: 53.79%
Q3: 68.02%
Excellent

In 2024, the financial autonomy of MEISER AGRICULTURE SOLUTI... (78.1%) 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
-1.05 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.7 years
Q3: 1.89 years
Excellent

In 2024, the repayment capacity of MEISER AGRICULTURE SOLUTI... (-1.05) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 500.44. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

500.444

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

-56.528

Liquidity indicators evolution
MEISER AGRICULTURE SOLUTIONS (M.A.S.)

Sector positioning

Liquidity ratio
500.44 2024
2022
2023
2024
Q1: 179.93
Med: 255.45
Q3: 415.11
Excellent

In 2024, the liquidity ratio of MEISER AGRICULTURE SOLUTI... (500.44) 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.

Interest coverage
-56.53x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.55x
Q3: 5.62x
Watch -24 pts over 3 years

In 2024, the interest coverage of MEISER AGRICULTURE SOLUTI... (-56.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 11 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 105 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 128 days of revenue, i.e. 8.4 M€ to permanently finance.

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

8 436 123 €

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

11 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

23 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

105 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

128 j

WCR and payment terms evolution
MEISER AGRICULTURE SOLUTIONS (M.A.S.)

Positioning of MEISER AGRICULTURE SOLUTIONS (M.A.S.) in its sector

Comparison with sector Fabrication d'autres articles métalliques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 2 087 724€ to 6 053 181€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
2087k€ 3284k€ 6053k€
3 284 521 € Range: 2 087 724€ - 6 053 181€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Fabrication d'autres articles métalliques)

Compare MEISER AGRICULTURE SOLUTIONS (M.A.S.) with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres articles métalliques

Frequently asked questions about MEISER AGRICULTURE SOLUTIONS (M.A.S.)

What is the revenue of MEISER AGRICULTURE SOLUTIONS (M.A.S.) ?

The revenue of MEISER AGRICULTURE SOLUTIONS (M.A.S.) in 2024 is 23.7 M€.

Is MEISER AGRICULTURE SOLUTIONS (M.A.S.) profitable?

Yes, MEISER AGRICULTURE SOLUTIONS (M.A.S.) generated a net profit of 289 k€ in 2024.

Where is the headquarters of MEISER AGRICULTURE SOLUTIONS (M.A.S.) ?

The headquarters of MEISER AGRICULTURE SOLUTIONS (M.A.S.) is located in NIEDERLAUTERBACH (67630), in the department Bas-Rhin.

Where to find the tax return of MEISER AGRICULTURE SOLUTIONS (M.A.S.) ?

The tax return of MEISER AGRICULTURE SOLUTIONS (M.A.S.) 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 MEISER AGRICULTURE SOLUTIONS (M.A.S.) operate?

MEISER AGRICULTURE SOLUTIONS (M.A.S.) operates in the sector Fabrication d'autres articles métalliques (NAF code 25.99B). See the 'Sector positioning' section above to compare the company with its competitors.