MIDI LOCATION : revenue, balance sheet and financial ratios

MIDI LOCATION is a French company founded 44 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in PERPIGNAN (66000), this company of category PME shows in 2023 a revenue of 4.3 M€. 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

Financial history - MIDI LOCATION (SIREN 323458513)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 4 269 467 € 3 524 834 € 2 247 787 € 1 754 458 € 1 911 065 € 1 541 837 € 1 857 736 € 1 636 361 €
Net income 581 413 € 542 659 € 645 198 € 243 027 € 100 007 € 80 868 € 54 089 € 81 180 € 40 378 €
EBITDA N/C 1 450 348 € 1 765 938 € 914 330 € 475 746 € 460 797 € 290 520 € 336 521 € 238 266 €
Net margin N/C 12.7% 18.3% 10.8% 5.7% 4.2% 3.5% 4.4% 2.5%

Revenue and income statement

In 2024, MIDI LOCATION generates positive net income of 581 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 40 k€ -> 581 k€.

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

581 413 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 111%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

110.757%

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

41.789%

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

75.4%

Solvency indicators evolution
MIDI LOCATION

Sector positioning

Debt ratio
110.76 2024
2022
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.44
Average

In 2024, the debt ratio of MIDI LOCATION (110.76) 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
41.79% 2024
2022
2023
2024
Q1: 0.16%
Med: 21.35%
Q3: 49.45%
Good +16 pts over 3 years

In 2024, the financial autonomy of MIDI LOCATION (41.8%) 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
2.42 years 2023
2022
2023
Q1: 0.0 years
Med: 0.12 years
Q3: 2.31 years
Average

In 2023, the repayment capacity of MIDI LOCATION (2.42) 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 221.68. 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

221.675

Liquidity indicators evolution
MIDI LOCATION

Sector positioning

Liquidity ratio
221.68 2024
2022
2023
2024
Q1: 75.41
Med: 176.35
Q3: 352.3
Good +10 pts over 3 years

In 2024, the liquidity ratio of MIDI LOCATION (221.68) 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.

Interest coverage
5.56x 2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 3.83x
Excellent +7 pts over 2 years

In 2023, the interest coverage of MIDI LOCATION (5.6x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
MIDI LOCATION

Positioning of MIDI LOCATION in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of MIDI LOCATION is estimated at 7 137 057 € (range 177 572€ - 21 036 048€). 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
276 transactions
177k€ 7137k€ 21036k€
7 137 057 € Range: 177 572€ - 21 036 048€
NAF 5 all-time

Valuation method used

Net Income Multiple
581 413 € × 12.3x = 7 137 057 €
Range: 177 573€ - 21 036 048€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de courte durée de voitures et de véhicules automobiles légers)

Compare MIDI LOCATION with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about MIDI LOCATION

What is the revenue of MIDI LOCATION ?

The revenue of MIDI LOCATION in 2023 is 4.3 M€.

Is MIDI LOCATION profitable?

Yes, MIDI LOCATION generated a net profit of 581 k€ in 2024.

Where is the headquarters of MIDI LOCATION ?

The headquarters of MIDI LOCATION is located in PERPIGNAN (66000), in the department Pyrenees-Orientales.

Where to find the tax return of MIDI LOCATION ?

The tax return of MIDI LOCATION 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 MIDI LOCATION operate?

MIDI LOCATION operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.