SIREN : 818777112
MER SEA is a French company founded 10 years ago, specialized in the sector Activités des sièges sociaux. Based in PARIS (75009), this company of category PME shows in 2022 a revenue of 202 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 201 925 € | 120 610 € | 64 031 € | 48 160 € | N/C | N/C |
| Net income | -364 398 € | -347 661 € | -231 736 € | -513 879 € | 50 505 € | -15 515 € |
| EBITDA | -369 656 € | -301 077 € | -202 740 € | -423 865 € | N/C | N/C |
| Net margin | -180.5% | -288.3% | -361.9% | -1067.0% | N/C | N/C |
In 2022, MER SEA achieves revenue of 202 k€. Over the period 2019-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +61.3%. Vs 2021, growth of +67% (121 k€ -> 202 k€). After deducting consumption (5 k€), gross margin stands at 197 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -370 k€, representing -183.1% of revenue. Positive scissor effect: EBITDA margin improves by +66.6 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -364 k€ (-180.5% of revenue), which will impact equity.
201 925 €
197 220 €
-369 656 €
-372 398 €
-364 398 €
-175.0%
The debt ratio (= Financial debt / Equity x 100) stands at 477%. 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 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
477.352%
14.062%
-176.039%
-5.739
12.2%
In 2022, the debt ratio of MER SEA (477.35) 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 2022, the financial autonomy of MER SEA (14.1%) 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 2022, the repayment capacity of MER SEA (-5.74) 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 62.16. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
62.16
-12.126
In 2022, the liquidity ratio of MER SEA (62.16) 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 2022, the interest coverage of MER SEA (-12.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 331 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 228 days. The gap of 103 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-179 days): operations structurally generate cash.
-100 643 €
331 j
228 j
0 j
-179 j
Based on 107 transactions of similar company sales in 2022, the value of MER SEA is estimated at 130 492 € (range 31 739€ - 234 161€). The price/revenue ratio is 0.65x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 107 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 MER SEA with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of MER SEA in 2022 is 202 k€.
MER SEA recorded a net loss in 2022.
The headquarters of MER SEA is located in PARIS (75009), in the department Paris.
The tax return of MER SEA 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).
MER SEA operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.