Employees: 12 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: ETICreation date: 2000-04-01 (26 years)Status: ActiveBusiness sector: Activités des agences de placement de main-d'œuvre Location: LILLE (59800), Nord
MICHAEL PAGE NORD : revenue, balance sheet and financial ratios
MICHAEL PAGE NORD is a French company
founded 26 years ago,
specialized in the sector Activités des agences de placement de main-d'œuvre .
Based in LILLE (59800),
this company of category ETI
shows in 2024 a revenue of 5.5 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MICHAEL PAGE NORD (SIREN 430299701)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
5 520 872 €
6 440 560 €
6 971 312 €
6 280 161 €
4 492 588 €
6 208 358 €
6 838 823 €
5 546 760 €
4 464 504 €
Net income
185 444 €
426 233 €
326 085 €
521 558 €
703 985 €
749 531 €
1 227 558 €
861 580 €
519 613 €
EBITDA
590 614 €
1 127 554 €
1 174 675 €
1 581 326 €
848 806 €
2 093 081 €
2 748 366 €
2 040 553 €
1 348 553 €
Net margin
3.4%
6.6%
4.7%
8.3%
15.7%
12.1%
17.9%
15.5%
11.6%
Revenue and income statement
In 2024, MICHAEL PAGE NORD achieves revenue of 5.5 M€. Revenue is growing positively over 9 years (CAGR: +2.7%). Significant drop of -14% vs 2023. After deducting consumption (0 €), gross margin stands at 5.5 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 591 k€, representing 10.7% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -48%, reducing margin by 6.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 185 k€, i.e. 3.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
5 520 872 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
5 520 872 €
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
590 614 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
217 779 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
185 444 €
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
10.7%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
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
0.0%
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
11.273%
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
2.698%
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
0.0
Solvency indicators evolution MICHAEL PAGE NORD
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
156.443
145.822
159.845
19.225
65.545
46.528
22.636
0.0
0.0
Financial autonomy
24.791
29.014
30.639
23.105
27.752
21.119
14.535
23.203
11.273
Repayment capacity
1.874
1.611
1.679
0.181
0.92
0.58
0.272
0.0
0.0
Cash flow / Revenue
10.55%
14.777%
17.727%
13.546%
11.878%
7.219%
4.417%
5.364%
2.698%
Sector positioning
Debt ratio
0.02024
2022
2023
2024
Q1: 0.0
Med: 2.18
Q3: 26.9
Excellent-35 pts over 3 years
In 2024, the debt ratio of MICHAEL PAGE NORD (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
11.27%2024
2022
2023
2024
Q1: 5.01%
Med: 27.87%
Q3: 56.01%
Average
In 2024, the financial autonomy of MICHAEL PAGE NORD (11.3%) 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
0.0 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.47 years
Excellent-33 pts over 3 years
In 2024, the repayment capacity of MICHAEL PAGE NORD (0.00) 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 80.89. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
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
80.891
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
0.131
Liquidity indicators evolution MICHAEL PAGE NORD
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
203.529
282.655
420.91
114.18
144.291
112.792
93.379
92.528
80.891
Interest coverage
0.046
0.032
0.003
0.005
0.0
0.008
0.0
0.36
0.131
Sector positioning
Liquidity ratio
80.892024
2022
2023
2024
Q1: 118.87
Med: 185.54
Q3: 314.49
Watch
In 2024, the liquidity ratio of MICHAEL PAGE NORD (80.89) 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
0.13x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.55x
Good+31 pts over 3 years
In 2024, the interest coverage of MICHAEL PAGE NORD (0.1x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 85 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Overall, WCR represents 23 days of revenue, i.e. 352 k€ to permanently finance. Notable WCR improvement over the period (-58%), 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
351 569 €
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
85 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
90 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
0 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
23 j
WCR and payment terms evolution MICHAEL PAGE NORD
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
845 979 €
1 629 472 €
2 705 780 €
367 907 €
682 694 €
1 029 946 €
1 169 995 €
753 288 €
351 569 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
95
103
80
109
78
77
81
62
85
Supplier payment term (days)
0
0
7
5
9
101
147
109
90
Positioning of MICHAEL PAGE NORD in its sector
Comparison with sector Activités des agences de placement de main-d'œuvre
Valuation estimate
Based on 147 transactions of similar company sales
(all years),
the value of MICHAEL PAGE NORD is estimated at
803 507 €
(range 423 481€ - 1 725 272€).
With an EBITDA of 590 614€, the sector multiple of 2.0x is applied.
The price/revenue ratio is 0.08x
(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 value2024
147 transactions
423k€803k€1725k€
803 507 €Range: 423 481€ - 1 725 272€
Section all-time
Aggregated at NAF section level
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
590 614 €×2.0x
Estimation1 201 028 €
579 390€ - 2 583 811€
Revenue Multiple30%
5 520 872 €×0.08x
Estimation442 070 €
333 362€ - 759 321€
Net Income Multiple20%
185 444 €×1.9x
Estimation351 861 €
168 889€ - 1 027 856€
How is this estimate calculated?
This estimate is based on the analysis of 147 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 (Activités des agences de placement de main-d'œuvre )
Compare MICHAEL PAGE NORD with other companies in the same sector:
Frequently asked questions about MICHAEL PAGE NORD
What is the revenue of MICHAEL PAGE NORD ?
The revenue of MICHAEL PAGE NORD in 2024 is 5.5 M€.
Is MICHAEL PAGE NORD profitable?
Yes, MICHAEL PAGE NORD generated a net profit of 185 k€ in 2024.
Where is the headquarters of MICHAEL PAGE NORD ?
The headquarters of MICHAEL PAGE NORD is located in LILLE (59800), in the department Nord.
Where to find the tax return of MICHAEL PAGE NORD ?
The tax return of MICHAEL PAGE NORD 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 MICHAEL PAGE NORD operate?
MICHAEL PAGE NORD operates in the sector Activités des agences de placement de main-d'œuvre (NAF code 78.10Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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