Employees: 11 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1984-01-27 (42 years)Status: ActiveBusiness sector: Autres travaux de finitionLocation: ANGERS (49100), Maine-et-Loire
MIE SOLS RESINES : revenue, balance sheet and financial ratios
MIE SOLS RESINES is a French company
founded 42 years ago,
specialized in the sector Autres travaux de finition.
Based in ANGERS (49100),
this company of category PME
shows in 2024 a revenue of 2.4 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MIE SOLS RESINES (SIREN 329163943)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
2 354 773 €
3 850 084 €
1 739 024 €
2 167 128 €
1 681 042 €
2 199 063 €
2 378 950 €
2 141 283 €
2 312 669 €
Net income
-13 971 €
163 693 €
91 058 €
53 299 €
4 642 €
1 878 €
12 683 €
80 249 €
9 123 €
EBITDA
-23 099 €
259 009 €
19 207 €
114 724 €
31 236 €
12 003 €
44 407 €
126 911 €
22 567 €
Net margin
-0.6%
4.3%
5.2%
2.5%
0.3%
0.1%
0.5%
3.7%
0.4%
Revenue and income statement
In 2024, MIE SOLS RESINES achieves revenue of 2.4 M€. Revenue is growing positively over 9 years (CAGR: +0.2%). Significant drop of -39% vs 2023. After deducting consumption (458 k€), gross margin stands at 1.9 M€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -23 k€, representing -1.0% of revenue. Warning negative scissor effect: despite revenue change (-39%), EBITDA varies by -109%, reducing margin by 7.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -14 k€ (-0.6% of revenue), which will impact equity.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
2 354 773 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 896 579 €
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
-23 099 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-27 626 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-13 971 €
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
-1.0%
Loading income statement...
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
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
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 79%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.
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
78.676%
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
31.31%
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
-2.203%
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
-3.179
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
61.682
63.486
61.567
41.888
60.409
48.036
68.363
48.648
78.676
Financial autonomy
34.282
32.268
40.048
39.697
39.265
42.903
40.957
33.32
31.31
Repayment capacity
16.428
1.154
4.263
-50.154
8.735
2.812
2.802
1.161
-3.179
Cash flow / Revenue
0.574%
4.71%
1.437%
-0.134%
1.488%
3.239%
6.342%
5.723%
-2.203%
Sector positioning
Debt ratio
78.682024
2022
2023
2024
Q1: 0.34
Med: 12.18
Q3: 45.21
Watch
In 2024, the debt ratio of MIE SOLS RESINES (78.68) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
Financial autonomy
31.31%2024
2022
2023
2024
Q1: 5.39%
Med: 29.66%
Q3: 54.37%
Good-11 pts over 3 years
In 2024, the financial autonomy of MIE SOLS RESINES (31.3%) 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.
Repayment capacity
-3.18 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.73 years
Excellent-51 pts over 3 years
In 2024, the repayment capacity of MIE SOLS RESINES (-3.18) 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 145.35. 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
145.352
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
-20.646
Liquidity indicators evolution MIE SOLS RESINES
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
172.237
141.291
167.562
169.182
212.965
224.485
257.748
169.25
145.352
Interest coverage
39.872
4.372
15.824
38.357
8.144
2.363
25.048
3.14
-20.646
Sector positioning
Liquidity ratio
145.352024
2022
2023
2024
Q1: 141.46
Med: 215.95
Q3: 344.99
Average-36 pts over 3 years
In 2024, the liquidity ratio of MIE SOLS RESINES (145.35) 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
-20.65x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.6x
Watch-51 pts over 3 years
In 2024, the interest coverage of MIE SOLS RESINES (-20.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
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: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 88 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 160 days of revenue, i.e. 1.0 M€ to permanently finance. Over 2016-2024, WCR increased by +68%, requiring additional financing.
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
1 044 365 €
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
96 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
88 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
33 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
160 j
WCR and payment terms evolution MIE SOLS RESINES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
622 825 €
819 512 €
490 849 €
525 862 €
484 728 €
453 602 €
698 705 €
1 033 786 €
1 044 365 €
Inventory turnover (days)
13
27
19
21
31
28
36
11
33
Customer payment term (days)
65
100
52
63
75
56
96
75
96
Supplier payment term (days)
68
94
36
58
55
49
55
71
88
Positioning of MIE SOLS RESINES in its sector
Comparison with sector Autres travaux de finition
Valuation estimate
Based on 65 transactions of similar company sales
in 2024,
the value of MIE SOLS RESINES is estimated at
343 904 €
(range 178 503€ - 448 966€).
The price/revenue ratio is 0.15x
(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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
65 tx
178k€343k€448k€
343 904 €Range: 178 503€ - 448 966€
NAF 4 année 2024
Aggregated at NAF sub-class level
Valuation method used
Revenue Multiple
2 354 773 €
×
0.15x
=343 905 €
Range: 178 503€ - 448 966€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 65 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 (Autres travaux de finition)
Compare MIE SOLS RESINES with other companies in the same sector:
The revenue of MIE SOLS RESINES in 2024 is 2.4 M€.
Is MIE SOLS RESINES profitable?
MIE SOLS RESINES recorded a net loss in 2024.
Where is the headquarters of MIE SOLS RESINES ?
The headquarters of MIE SOLS RESINES is located in ANGERS (49100), in the department Maine-et-Loire.
Where to find the tax return of MIE SOLS RESINES ?
The tax return of MIE SOLS RESINES 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 MIE SOLS RESINES operate?
MIE SOLS RESINES operates in the sector Autres travaux de finition (NAF code 43.39Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart