SIREN : 668201510
MENRAD SA is a French company founded 60 years ago, specialized in the sector Commerces de détail d'optique. Based in CERGY (95800), this company of category PME shows in 2023 a revenue of 4.6 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 588 112 € | 4 254 014 € | 5 463 189 € | 4 490 412 € | 5 815 572 € | 5 562 323 € | 5 422 668 € | 5 515 933 € |
| Net income | -94 294 € | -676 256 € | -196 778 € | -246 023 € | 114 703 € | 46 205 € | -266 863 € | -69 898 € |
| EBITDA | 200 325 € | -393 123 € | 186 845 € | 41 257 € | 450 192 € | 451 543 € | 121 799 € | 257 745 € |
| Net margin | -2.1% | -15.9% | -3.6% | -5.5% | 2.0% | 0.8% | -4.9% | -1.3% |
In 2023, MENRAD SA achieves revenue of 4.6 M€. Activity remains stable over the period (CAGR: -2.6%). Vs 2022: +8%. After deducting consumption (1.6 M€), gross margin stands at 3.0 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 200 k€, representing 4.4% of revenue. Positive scissor effect: EBITDA margin improves by +13.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -94 k€ (-2.1% of revenue), which will impact equity.
4 588 112 €
2 950 850 €
200 325 €
-12 872 €
-94 294 €
4.4%
The debt ratio (= Financial debt / Equity x 100) stands at -49%. 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 -81%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-48.906%
-81.07%
-2.692%
-4.506
13.9%
In 2023, the debt ratio of MENRAD SA (-48.91) 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 MENRAD SA (-81.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2023, the repayment capacity of MENRAD SA (-4.51) 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 67.32. 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 27.4x. Operating income very largely covers interest expenses: high safety margin.
67.321
27.416
In 2023, the liquidity ratio of MENRAD SA (67.32) 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 2023, the interest coverage of MENRAD SA (27.4x) 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: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 132 days. Excellent situation: suppliers finance 84 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 25 days of revenue, i.e. 322 k€ to permanently finance. Notable WCR improvement over the period (-58%), freeing up cash.
322 361 €
48 j
132 j
25 j
25 j
Based on 100 transactions of similar company sales in 2023, the value of MENRAD SA is estimated at 1 200 084 € (range 636 859€ - 2 410 012€). With an EBITDA of 200 325€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.42x (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 100 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 MENRAD SA with other companies in the same sector:
Voir toutes les statistiques du secteur Commerces de détail d'optique
The revenue of MENRAD SA in 2023 is 4.6 M€.
MENRAD SA recorded a net loss in 2023.
The headquarters of MENRAD SA is located in CERGY (95800), in the department Val-d'Oise.
The tax return of MENRAD SA 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).
MENRAD SA operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.