MGC ENERGIES NOUVELLES : revenue, balance sheet and financial ratios

MGC ENERGIES NOUVELLES is a French company founded 18 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in BENESSE-MAREMNE (40230), this company of category PME shows in 2021 a revenue of 270 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MGC ENERGIES NOUVELLES (SIREN 499577013)
Indicator 2021 2020 2019 2018 2017 2016 2015
Revenue 270 445 € 294 701 € 191 107 € 306 241 € 308 654 € 338 478 € 197 392 €
Net income 5 896 € 31 350 € -8 520 € 12 547 € 11 561 € 54 603 € -51 397 €
EBITDA 13 510 € 35 970 € -5 284 € 17 522 € -2 403 € 55 854 € -59 547 €
Net margin 2.2% 10.6% -4.5% 4.1% 3.7% 16.1% -26.0%

Revenue and income statement

In 2021, MGC ENERGIES NOUVELLES achieves revenue of 270 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. Slight decline of -8% vs 2020. After deducting consumption (117 k€), gross margin stands at 153 k€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 14 k€, representing 5.0% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -62%, reducing margin by 7.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

270 445 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

153 025 €

EBITDA (2021) ?
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

13 510 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

9 826 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 896 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.0%

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Chart evolution

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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 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

45.396%

Financial autonomy (2021) ?
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

32.319%

Cash flow / Revenue (2021) ?
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

3.505%

Repayment capacity (2021) ?
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

2.637

Asset age ratio (2021) ?
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

23.4%

Solvency indicators evolution
MGC ENERGIES NOUVELLES

Sector positioning

Debt ratio
45.4 2021
2019
2020
2021
Q1: 2.79
Med: 25.01
Q3: 75.64
Average

In 2021, the debt ratio of MGC ENERGIES NOUVELLES (45.40) 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
32.32% 2021
2019
2020
2021
Q1: 15.73%
Med: 34.15%
Q3: 52.21%
Average +21 pts over 3 years

In 2021, the financial autonomy of MGC ENERGIES NOUVELLES (32.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.64 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.31 years
Q3: 1.92 years
Average +50 pts over 3 years

In 2021, the repayment capacity of MGC ENERGIES NOUVELLES (2.64) 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 172.95. 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 3.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2021) ?
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

172.948

Interest coverage (2021) ?
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

3.679

Liquidity indicators evolution
MGC ENERGIES NOUVELLES

Sector positioning

Liquidity ratio
172.95 2021
2019
2020
2021
Q1: 157.5
Med: 213.24
Q3: 296.19
Average +13 pts over 3 years

In 2021, the liquidity ratio of MGC ENERGIES NOUVELLES (172.95) 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
3.68x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.22x
Q3: 1.98x
Excellent +50 pts over 3 years

In 2021, the interest coverage of MGC ENERGIES NOUVELLES (3.7x) 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: 124 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 108 days. The company must finance 16 days of gap between collections and payments. Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 131 days of revenue, i.e. 98 k€ to permanently finance.

Operating WCR (2021) ?
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

98 055 €

Customer credit (2021) ?
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

124 j

Supplier credit (2021) ?
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

108 j

Inventory turnover (2021) ?
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

5 j

WCR in days of revenue (2021) ?
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

131 j

WCR and payment terms evolution
MGC ENERGIES NOUVELLES

Positioning of MGC ENERGIES NOUVELLES in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (24 transactions). This range of 23 165€ to 71 542€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
23k€ 32k€ 71k€
32 625 € Range: 23 165€ - 71 542€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 24 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare MGC ENERGIES NOUVELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about MGC ENERGIES NOUVELLES

What is the revenue of MGC ENERGIES NOUVELLES ?

The revenue of MGC ENERGIES NOUVELLES in 2021 is 270 k€.

Is MGC ENERGIES NOUVELLES profitable?

Yes, MGC ENERGIES NOUVELLES generated a net profit of 6 k€ in 2021.

Where is the headquarters of MGC ENERGIES NOUVELLES ?

The headquarters of MGC ENERGIES NOUVELLES is located in BENESSE-MAREMNE (40230), in the department Landes.

Where to find the tax return of MGC ENERGIES NOUVELLES ?

The tax return of MGC ENERGIES NOUVELLES 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 MGC ENERGIES NOUVELLES operate?

MGC ENERGIES NOUVELLES operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.