MILLENIUM TARN CONSTRUCTIONS : revenue, balance sheet and financial ratios

MILLENIUM TARN CONSTRUCTIONS is a French company founded 16 years ago, specialized in the sector Construction de maisons individuelles. Based in LE SEQUESTRE (81990), this company of category PME shows in 2021 a revenue of 4.2 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 - MILLENIUM TARN CONSTRUCTIONS (SIREN 514989698)
Indicator 2021 2020 2019 2018 2017
Revenue 4 204 358 € 3 274 553 € 2 479 002 € 2 878 576 € 1 865 538 €
Net income 59 127 € 34 561 € 41 164 € 33 961 € 465 587 €
EBITDA 94 420 € 35 103 € 58 118 € 53 602 € 86 796 €
Net margin 1.4% 1.1% 1.7% 1.2% 25.0%

Revenue and income statement

In 2021, MILLENIUM TARN CONSTRUCTIONS achieves revenue of 4.2 M€. Over the period 2017-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +22.5%. Vs 2020, growth of +28% (3.3 M€ -> 4.2 M€). After deducting consumption (911 k€), gross margin stands at 3.3 M€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 94 k€, representing 2.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 59 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 204 358 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 293 244 €

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

94 420 €

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

95 848 €

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

59 127 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.2%

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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 107%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

106.948%

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

10.928%

Cash flow / Revenue (2021) ?
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

1.495%

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

3.502

Asset age ratio (2021) ?
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

32.7%

Solvency indicators evolution
MILLENIUM TARN CONSTRUCTIONS

Sector positioning

Debt ratio
106.95 2021
2019
2020
2021
Q1: 0.05
Med: 17.12
Q3: 82.12
Average

In 2021, the debt ratio of MILLENIUM TARN CONSTRUCTIONS (106.95) 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
10.93% 2021
2019
2020
2021
Q1: 4.96%
Med: 22.81%
Q3: 43.73%
Average

In 2021, the financial autonomy of MILLENIUM TARN CONSTRUCTIONS (10.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.5 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.43 years
Average +50 pts over 3 years

In 2021, the repayment capacity of MILLENIUM TARN CONSTRUCTIONS (3.50) 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 122.43. 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 11.1x. Operating income very largely covers interest expenses: high safety margin.

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

122.429

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

11.144

Liquidity indicators evolution
MILLENIUM TARN CONSTRUCTIONS

Sector positioning

Liquidity ratio
122.43 2021
2019
2020
2021
Q1: 124.3
Med: 178.64
Q3: 276.14
Average

In 2021, the liquidity ratio of MILLENIUM TARN CONSTRUCTIONS (122.43) 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
11.14x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.23x
Excellent

In 2021, the interest coverage of MILLENIUM TARN CONSTRUCTIONS (11.1x) 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. Average customer payment term: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. The company must finance 1 days of gap between collections and payments. Overall, WCR represents 96 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2017-2021, WCR increased by +140%, requiring additional financing.

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

1 125 591 €

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

92 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

91 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 in days of revenue (2021) ?
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

96 j

WCR and payment terms evolution
MILLENIUM TARN CONSTRUCTIONS

Positioning of MILLENIUM TARN CONSTRUCTIONS in its sector

Comparison with sector Construction de maisons individuelles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 217 852€ to 1 634 359€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
217k€ 469k€ 1634k€
469 568 € Range: 217 852€ - 1 634 359€
NAF 5 année 2021
How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Construction de maisons individuelles)

Compare MILLENIUM TARN CONSTRUCTIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de maisons individuelles

Frequently asked questions about MILLENIUM TARN CONSTRUCTIONS

What is the revenue of MILLENIUM TARN CONSTRUCTIONS ?

The revenue of MILLENIUM TARN CONSTRUCTIONS in 2021 is 4.2 M€.

Is MILLENIUM TARN CONSTRUCTIONS profitable?

Yes, MILLENIUM TARN CONSTRUCTIONS generated a net profit of 59 k€ in 2021.

Where is the headquarters of MILLENIUM TARN CONSTRUCTIONS ?

The headquarters of MILLENIUM TARN CONSTRUCTIONS is located in LE SEQUESTRE (81990), in the department Tarn.

Where to find the tax return of MILLENIUM TARN CONSTRUCTIONS ?

The tax return of MILLENIUM TARN CONSTRUCTIONS 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 MILLENIUM TARN CONSTRUCTIONS operate?

MILLENIUM TARN CONSTRUCTIONS operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.