SIREN : 442960571
MICHEL GREY is a French company founded 23 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in RENEVE (21310), this company of category PME shows in 2021 a revenue of 834 k€. 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
| Indicator | 2021 | 2020 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 833 899 € | N/C | 677 398 € | 724 496 € | 665 235 € |
| Net income | 81 453 € | 55 061 € | 14 752 € | 24 385 € | -19 441 € |
| EBITDA | 120 686 € | N/C | 30 454 € | 33 692 € | -12 592 € |
| Net margin | 9.8% | N/C | 2.2% | 3.4% | -2.9% |
In 2021, MICHEL GREY achieves revenue of 834 k€. Revenue is growing positively over 5 years (CAGR: +4.6%). After deducting consumption (131 k€), gross margin stands at 703 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 121 k€, representing 14.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 81 k€, i.e. 9.8% of revenue. This profit can be retained or distributed to shareholders.
833 899 €
703 037 €
120 686 €
106 351 €
81 453 €
14.5%
The debt ratio (= Financial debt / Equity x 100) stands at 53%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
53.494%
46.312%
11.463%
1.62
33.3%
In 2021, the debt ratio of MICHEL GREY (53.49) 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 2021, the financial autonomy of MICHEL GREY (46.3%) 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.
In 2021, the repayment capacity of MICHEL GREY (1.62) 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 221.36. 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.
221.36
0.354
In 2021, the liquidity ratio of MICHEL GREY (221.36) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2021, the interest coverage of MICHEL GREY (0.3x) 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: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The company must finance 20 days of gap between collections and payments. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 67 days of revenue, i.e. 154 k€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.
154 321 €
64 j
44 j
29 j
67 j
Based on 105 transactions of similar company sales in 2021, the value of MICHEL GREY is estimated at 375 468 € (range 219 177€ - 849 785€). With an EBITDA of 120 686€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.50x (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.
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This estimate is based on the analysis of 105 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 MICHEL GREY with other companies in the same sector:
Voir toutes les statistiques du secteur Autres commerces de détail spécialisés divers
The revenue of MICHEL GREY in 2021 is 834 k€.
Yes, MICHEL GREY generated a net profit of 81 k€ in 2021.
The headquarters of MICHEL GREY is located in RENEVE (21310), in the department Cote-d'Or.
The tax return of MICHEL GREY 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).
MICHEL GREY operates in the sector Autres commerces de détail spécialisés divers (NAF code 47.78C). See the 'Sector positioning' section above to compare the company with its competitors.