MERSEN FRANCE GENNEVILLIERS SAS : revenue, balance sheet and financial ratios

MERSEN FRANCE GENNEVILLIERS SAS is a French company founded 25 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in GENNEVILLIERS (92230), this company of category ETI shows in 2024 a revenue of 64.0 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 - MERSEN FRANCE GENNEVILLIERS SAS (SIREN 433806460)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 63 985 253 € 56 118 048 € 48 131 054 € 42 630 362 € 40 747 934 € 53 171 697 € 47 585 975 € 43 965 590 €
Net income -9 241 125 € -5 918 247 € 428 657 € -4 198 518 € -12 235 138 € 693 895 € -992 854 € -1 457 033 €
EBITDA -3 025 638 € -2 758 520 € -1 728 075 € -1 321 430 € -2 582 706 € 3 384 287 € 1 375 206 € 1 457 526 €
Net margin -14.4% -10.5% 0.9% -9.8% -30.0% 1.3% -2.1% -3.3%

Revenue and income statement

In 2024, MERSEN FRANCE GENNEVILLIERS SAS achieves revenue of 64.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.5%. Vs 2023, growth of +14% (56.1 M€ -> 64.0 M€). After deducting consumption (23.0 M€), gross margin stands at 41.0 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 -3.0 M€, representing -4.7% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -9.2 M€ (-14.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

63 985 253 €

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

40 997 094 €

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

-3 025 638 €

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

-7 141 853 €

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

-9 241 125 €

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

-4.5%

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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 1%. 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 35%. The balance between equity and debt is satisfactory.

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

0.912%

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

34.536%

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

-7.575%

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

-0.07

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

53.0%

Solvency indicators evolution
MERSEN FRANCE GENNEVILLIERS SAS

Sector positioning

Debt ratio
0.91 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Good

In 2024, the debt ratio of MERSEN FRANCE GENNEVILLIE... (0.91) 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
34.54% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Good +11 pts over 3 years

In 2024, the financial autonomy of MERSEN FRANCE GENNEVILLIE... (34.5%) 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
-0.07 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2024, the repayment capacity of MERSEN FRANCE GENNEVILLIE... (-0.07) 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 50.89. 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

50.889

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

-96.106

Liquidity indicators evolution
MERSEN FRANCE GENNEVILLIERS SAS

Sector positioning

Liquidity ratio
50.89 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Watch

In 2024, the liquidity ratio of MERSEN FRANCE GENNEVILLIE... (50.89) 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.

Interest coverage
-96.11x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Watch

In 2024, the interest coverage of MERSEN FRANCE GENNEVILLIE... (-96.1x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 110 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-140 days): operations structurally generate cash. Notable WCR improvement over the period (-3650%), freeing up cash.

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

-24 832 037 €

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

54 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

59 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

110 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

-140 j

WCR and payment terms evolution
MERSEN FRANCE GENNEVILLIERS SAS

Positioning of MERSEN FRANCE GENNEVILLIERS SAS in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of MERSEN FRANCE GENNEVILLIERS SAS is estimated at 8 196 024 € (range 5 653 991€ - 24 371 769€). The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2024
228 transactions
5653k€ 8196k€ 24371k€
8 196 024 € Range: 5 653 991€ - 24 371 769€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
63 985 253 € × 0.13x = 8 196 024 €
Range: 5 653 992€ - 24 371 769€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 228 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 produits minéraux non métalliques n.c.a.)

Compare MERSEN FRANCE GENNEVILLIERS SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about MERSEN FRANCE GENNEVILLIERS SAS

What is the revenue of MERSEN FRANCE GENNEVILLIERS SAS ?

The revenue of MERSEN FRANCE GENNEVILLIERS SAS in 2024 is 64.0 M€.

Is MERSEN FRANCE GENNEVILLIERS SAS profitable?

MERSEN FRANCE GENNEVILLIERS SAS recorded a net loss in 2024.

Where is the headquarters of MERSEN FRANCE GENNEVILLIERS SAS ?

The headquarters of MERSEN FRANCE GENNEVILLIERS SAS is located in GENNEVILLIERS (92230), in the department Hauts-de-Seine.

Where to find the tax return of MERSEN FRANCE GENNEVILLIERS SAS ?

The tax return of MERSEN FRANCE GENNEVILLIERS SAS 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 MERSEN FRANCE GENNEVILLIERS SAS operate?

MERSEN FRANCE GENNEVILLIERS SAS operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.