MIGNET AIX 24 : revenue, balance sheet and financial ratios

MIGNET AIX 24 is a French company founded 10 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in PARIS (75008), this company of category PME shows in 2020 a revenue of 258 k€. 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 - MIGNET AIX 24 (SIREN 819189564)
Indicator 2021 2020 2019 2018 2017
Revenue N/C 257 800 € 1 312 054 € 1 315 678 € 8 693 874 €
Net income -32 351 € -256 367 € -98 635 € 214 393 € 921 201 €
EBITDA -33 711 € -123 732 € -81 274 € 139 262 € 1 445 519 €
Net margin N/C -99.4% -7.5% 16.3% 10.6%

Revenue and income statement

In 2021, MIGNET AIX 24 records a net loss of 32 k€. This deficit will reduce equity on the balance sheet.

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

-33 711 €

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

-33 712 €

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

-32 351 €

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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 58%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

58.151%

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

55.224%

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

-3.453

Solvency indicators evolution
MIGNET AIX 24

Sector positioning

Debt ratio
58.15 2021
2019
2020
2021
Q1: 0.0
Med: 26.64
Q3: 275.35
Average +6 pts over 3 years

In 2021, the debt ratio of MIGNET AIX 24 (58.15) 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
55.22% 2021
2019
2020
2021
Q1: 0.63%
Med: 25.33%
Q3: 68.35%
Good -8 pts over 3 years

In 2021, the financial autonomy of MIGNET AIX 24 (55.2%) 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
-3.45 years 2021
2019
2020
2021
Q1: -5.53 years
Med: 0.0 years
Q3: 3.13 years
Good -10 pts over 3 years

In 2021, the repayment capacity of MIGNET AIX 24 (-3.45) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 789.68. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

789.683

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

0.0

Liquidity indicators evolution
MIGNET AIX 24

Sector positioning

Liquidity ratio
789.68 2021
2019
2020
2021
Q1: 149.24
Med: 437.9
Q3: 2125.97
Good -10 pts over 3 years

In 2021, the liquidity ratio of MIGNET AIX 24 (789.68) 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
0.0x 2021
2019
2020
2021
Q1: -1.5x
Med: 0.0x
Q3: 3.37x
Good +25 pts over 3 years

In 2021, the interest coverage of MIGNET AIX 24 (0.0x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 397 days. Excellent situation: suppliers finance 397 days of the operating cycle (retail model).

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

0 €

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

0 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

397 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

0 j

WCR and payment terms evolution
MIGNET AIX 24

Positioning of MIGNET AIX 24 in its sector

Comparison with sector Activités des marchands de biens immobiliers

Similar companies (Activités des marchands de biens immobiliers)

Compare MIGNET AIX 24 with other companies in the same sector:

Frequently asked questions about MIGNET AIX 24

What is the revenue of MIGNET AIX 24 ?

The revenue of MIGNET AIX 24 in 2020 is 258 k€.

Is MIGNET AIX 24 profitable?

MIGNET AIX 24 recorded a net loss in 2021.

Where is the headquarters of MIGNET AIX 24 ?

The headquarters of MIGNET AIX 24 is located in PARIS (75008), in the department Paris.

Where to find the tax return of MIGNET AIX 24 ?

The tax return of MIGNET AIX 24 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 MIGNET AIX 24 operate?

MIGNET AIX 24 operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.