MER IMMOBILIER MONTAGNE - M.I.M. : revenue, balance sheet and financial ratios

MER IMMOBILIER MONTAGNE - M.I.M. is a French company founded 19 years ago, specialized in the sector Promotion immobilière de logements. Based in CHAMBERY (73000), this company of category PME shows in 2020 a revenue of 1.4 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 - MER IMMOBILIER MONTAGNE - M.I.M. (SIREN 493769269)
Indicator 2020 2019 2018 2017
Revenue 1 365 713 € 3 269 792 € 2 191 343 € N/C
Net income 50 253 € 114 287 € 36 867 € 108 209 €
EBITDA 56 418 € 147 191 € 1 658 € N/C
Net margin 3.7% 3.5% 1.7% N/C

Revenue and income statement

In 2020, MER IMMOBILIER MONTAGNE - M.I.M. achieves revenue of 1.4 M€. Revenue is declining over the period 2018-2020 (CAGR: -21.1%). Significant drop of -58% vs 2019. After deducting consumption (713 k€), gross margin stands at 652 k€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 56 k€, representing 4.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 50 k€, i.e. 3.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 365 713 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

652 438 €

EBITDA (2020) ?
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

56 418 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

57 485 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

50 253 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.1%

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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 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 155.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

120.689%

Financial autonomy (2020) ?
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

25.75%

Cash flow / Revenue (2020) ?
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

0.142%

Repayment capacity (2020) ?
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

155.619

Solvency indicators evolution
MER IMMOBILIER MONTAGNE - M.I.M.

Sector positioning

Debt ratio
120.69 2020
2018
2019
2020
Q1: 0.0
Med: 7.66
Q3: 152.99
Average -6 pts over 3 years

In 2020, the debt ratio of MER IMMOBILIER MONTAGNE -... (120.69) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
25.75% 2020
2018
2019
2020
Q1: 0.1%
Med: 18.84%
Q3: 59.84%
Good +8 pts over 3 years

In 2020, the financial autonomy of MER IMMOBILIER MONTAGNE -... (25.8%) 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.

Repayment capacity
155.62 years 2020
2018
2019
2020
Q1: -3.26 years
Med: 0.0 years
Q3: 2.39 years
Average +50 pts over 3 years

In 2020, the repayment capacity of MER IMMOBILIER MONTAGNE -... (155.62) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 231.39. 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 54.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

231.39

Interest coverage (2020) ?
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

54.156

Liquidity indicators evolution
MER IMMOBILIER MONTAGNE - M.I.M.

Sector positioning

Liquidity ratio
231.39 2020
2018
2019
2020
Q1: 139.46
Med: 327.3
Q3: 993.56
Average

In 2020, the liquidity ratio of MER IMMOBILIER MONTAGNE -... (231.39) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
54.16x 2020
2018
2019
2020
Q1: -4.07x
Med: 0.0x
Q3: 1.4x
Excellent

In 2020, the interest coverage of MER IMMOBILIER MONTAGNE -... (54.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 169 days. Excellent situation: suppliers finance 168 days of the operating cycle (retail model). Inventory turnover is 65 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 88 days of revenue, i.e. 335 k€ to permanently finance.

Operating WCR (2020) ?
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

334 723 €

Customer credit (2020) ?
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

1 j

Supplier credit (2020) ?
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

169 j

Inventory turnover (2020) ?
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

65 j

WCR in days of revenue (2020) ?
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

88 j

WCR and payment terms evolution
MER IMMOBILIER MONTAGNE - M.I.M.

Positioning of MER IMMOBILIER MONTAGNE - M.I.M. in its sector

Comparison with sector Promotion immobilière de logements

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of MER IMMOBILIER MONTAGNE - M.I.M. is estimated at 166 529 € (range 60 237€ - 432 934€). With an EBITDA of 56 418€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.28x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2020
80 tx
60k€ 166k€ 432k€
166 529 € Range: 60 237€ - 432 934€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
56 418 € × 1.0x
Estimation 56 608 €
23 376€ - 172 170€
Revenue Multiple 30%
1 365 713 € × 0.28x
Estimation 382 074 €
137 389€ - 939 688€
Net Income Multiple 20%
50 253 € × 2.3x
Estimation 118 019 €
36 662€ - 324 718€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de logements)

Compare MER IMMOBILIER MONTAGNE - M.I.M. with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about MER IMMOBILIER MONTAGNE - M.I.M.

What is the revenue of MER IMMOBILIER MONTAGNE - M.I.M. ?

The revenue of MER IMMOBILIER MONTAGNE - M.I.M. in 2020 is 1.4 M€.

Is MER IMMOBILIER MONTAGNE - M.I.M. profitable?

Yes, MER IMMOBILIER MONTAGNE - M.I.M. generated a net profit of 50 k€ in 2020.

Where is the headquarters of MER IMMOBILIER MONTAGNE - M.I.M. ?

The headquarters of MER IMMOBILIER MONTAGNE - M.I.M. is located in CHAMBERY (73000), in the department Savoie.

Where to find the tax return of MER IMMOBILIER MONTAGNE - M.I.M. ?

The tax return of MER IMMOBILIER MONTAGNE - M.I.M. 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 MER IMMOBILIER MONTAGNE - M.I.M. operate?

MER IMMOBILIER MONTAGNE - M.I.M. operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.