SIREN : 843932567
MF ETANCHEITE is a French company founded 7 years ago, specialized in the sector Travaux d'étanchéification. Based in PEGOMAS (06580), this company of category PME shows in 2021 a revenue of 591 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Revenue | 591 203 € | 382 662 € | 194 469 € | 10 600 € |
| Net income | 114 127 € | 132 439 € | 69 115 € | 6 962 € |
| EBITDA | 163 891 € | 184 332 € | 94 298 € | 8 616 € |
| Net margin | 19.3% | 34.6% | 35.5% | 65.7% |
In 2021, MF ETANCHEITE achieves revenue of 591 k€. Over the period 2018-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +282.1%. Vs 2020, growth of +54% (383 k€ -> 591 k€). After deducting consumption (94 k€), gross margin stands at 497 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 164 k€, representing 27.7% of revenue. Warning negative scissor effect: despite revenue change (+54%), EBITDA varies by -11%, reducing margin by 20.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 114 k€, i.e. 19.3% of revenue. This profit can be retained or distributed to shareholders.
591 203 €
497 150 €
163 891 €
152 147 €
114 127 €
27.4%
The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
8.269%
68.651%
20.613%
0.169
59.3%
In 2021, the debt ratio of MF ETANCHEITE (8.27) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of MF ETANCHEITE (68.7%) 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.
In 2021, the repayment capacity of MF ETANCHEITE (0.17) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 422.84. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
422.837
0.376
In 2021, the liquidity ratio of MF ETANCHEITE (422.84) 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.
In 2021, the interest coverage of MF ETANCHEITE (0.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The company must finance 2 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 54 k€ to permanently finance. Over 2018-2021, WCR increased by +20353%, requiring additional financing.
54 006 €
45 j
43 j
1 j
33 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 86 853€ to 457 422€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 MF ETANCHEITE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of MF ETANCHEITE in 2021 is 591 k€.
Yes, MF ETANCHEITE generated a net profit of 114 k€ in 2021.
The headquarters of MF ETANCHEITE is located in PEGOMAS (06580), in the department Alpes-Maritimes.
The tax return of MF ETANCHEITE 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).
MF ETANCHEITE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.