Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2003-01-18 (23 years)Status: ActiveBusiness sector: Tierce maintenance de systèmes et d’applications informatiquesLocation: SEINE-PORT (77240), Seine-et-Marne
MIIECO : revenue, balance sheet and financial ratios
MIIECO is a French company
founded 23 years ago,
specialized in the sector Tierce maintenance de systèmes et d’applications informatiques.
Based in SEINE-PORT (77240),
this company of category PME
shows in 2017 a revenue of 289 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2018, MIIECO generates positive net income of 24 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2018: 16 k€ -> 24 k€.
Net income (2018)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
24 413 €
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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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2018)
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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 (2018)
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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
72.121%
Asset age ratio (2018)
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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
Debt ratio
0.481
15.899
0.0
Financial autonomy
86.779
61.549
72.121
Repayment capacity
0.026
0.54
None
Cash flow / Revenue
13.489%
13.114%
None%
Sector positioning
Debt ratio
0.02018
2016
2017
2018
Q1: 0.0
Med: 4.07
Q3: 29.99
Excellent
In 2018, the debt ratio of MIIECO (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
72.12%2018
2016
2017
2018
Q1: 9.49%
Med: 32.97%
Q3: 58.97%
Excellent
In 2018, the financial autonomy of MIIECO (72.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.54 years2017
2016
2017
Q1: 0.0 years
Med: 0.0 years
Q3: 0.76 years
Average+16 pts over 2 years
In 2017, the repayment capacity of MIIECO (0.54) 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 298.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2018)
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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
298.635
Liquidity indicators evolution MIIECO
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
Liquidity ratio
757.763
340.06
298.635
Interest coverage
0.0
0.0
None
Sector positioning
Liquidity ratio
298.632018
2016
2017
2018
Q1: 131.46
Med: 211.75
Q3: 381.0
Good-12 pts over 3 years
In 2018, the liquidity ratio of MIIECO (298.63) 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
0.0x2017
2016
2017
Q1: 0.0x
Med: 0.0x
Q3: 1.4x
Average
In 2017, the interest coverage of MIIECO (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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 (2018)
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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 (2018)
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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 (2018)
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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 (2018)
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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 MIIECO
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
Operating WCR
25 381 €
2 490 €
0 €
Inventory turnover (days)
0
0
0
Customer payment term (days)
89
19
0
Supplier payment term (days)
10
79
0
Positioning of MIIECO in its sector
Comparison with sector Tierce maintenance de systèmes et d’applications informatiques
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions).
This range of 16 340€ to 50 999€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2018
Indicative
16k€40k€50k€
40 795 €Range: 16 340€ - 50 999€
NAF 5 année 2018
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 28 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 (Tierce maintenance de systèmes et d’applications informatiques)
Compare MIIECO with other companies in the same sector:
Yes, MIIECO generated a net profit of 24 k€ in 2018.
Where is the headquarters of MIIECO ?
The headquarters of MIIECO is located in SEINE-PORT (77240), in the department Seine-et-Marne.
Where to find the tax return of MIIECO ?
The tax return of MIIECO 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 MIIECO operate?
MIIECO operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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