MILLET MARIUS : revenue, balance sheet and financial ratios

MILLET MARIUS is a French company founded 54 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in LAVANS-LES-SAINT-CLAUDE (39170), this company of category ETI shows in 2023 a revenue of 58.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MILLET MARIUS (SIREN 647250240)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 58 526 611 € 62 845 195 € 56 290 114 € 49 779 185 € 48 895 891 € 54 822 270 € 55 676 591 € 53 665 738 € 52 240 110 €
Net income 221 144 € 3 669 099 € 1 033 952 € 1 143 668 € 1 404 081 € 1 476 901 € 1 168 358 € 798 124 € 947 382 €
EBITDA 326 596 € -41 035 € 424 025 € 1 106 981 € 628 121 € 787 951 € 1 385 848 € 1 697 536 € 1 039 995 €
Net margin 0.4% 5.8% 1.8% 2.3% 2.9% 2.7% 2.1% 1.5% 1.8%

Revenue and income statement

In 2023, MILLET MARIUS achieves revenue of 58.5 M€. Revenue is growing positively over 9 years (CAGR: +1.4%). Slight decline of -7% vs 2022. After deducting consumption (48.6 M€), gross margin stands at 9.9 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 327 k€, representing 0.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 221 k€, i.e. 0.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

58 526 611 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

9 888 908 €

EBITDA (2023) ?
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

326 596 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

266 273 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

221 144 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.6%

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Chart evolution

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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 70%. Debt remains under control: the company retains capacity to raise new debt if needed. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 50.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

69.546%

Financial autonomy (2023) ?
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

42.019%

Cash flow / Revenue (2023) ?
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

0.487%

Repayment capacity (2023) ?
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

50.484

Asset age ratio (2023) ?
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

22.4%

Solvency indicators evolution
MILLET MARIUS

Sector positioning

Debt ratio
69.55 2023
2021
2022
2023
Q1: 3.62
Med: 25.7
Q3: 73.67
Average +24 pts over 3 years

In 2023, the debt ratio of MILLET MARIUS (69.55) 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
42.02% 2023
2021
2022
2023
Q1: 31.59%
Med: 49.26%
Q3: 66.53%
Average -15 pts over 3 years

In 2023, the financial autonomy of MILLET MARIUS (42.0%) 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
50.48 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.86 years
Q3: 2.65 years
Watch +23 pts over 3 years

In 2023, the repayment capacity of MILLET MARIUS (50.48) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 125.88. 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 285.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

125.877

Interest coverage (2023) ?
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

285.481

Liquidity indicators evolution
MILLET MARIUS

Sector positioning

Liquidity ratio
125.88 2023
2021
2022
2023
Q1: 150.56
Med: 219.39
Q3: 335.09
Watch

In 2023, the liquidity ratio of MILLET MARIUS (125.88) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
285.48x 2023
2021
2022
2023
Q1: 0.15x
Med: 2.95x
Q3: 9.3x
Excellent +6 pts over 3 years

In 2023, the interest coverage of MILLET MARIUS (285.5x) 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 74 days of revenue, i.e. 12.0 M€ to permanently finance.

Operating WCR (2023) ?
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

11 962 839 €

Customer credit (2023) ?
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

30 j

Supplier credit (2023) ?
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

64 j

Inventory turnover (2023) ?
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

6 j

WCR in days of revenue (2023) ?
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

74 j

WCR and payment terms evolution
MILLET MARIUS

Positioning of MILLET MARIUS in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of MILLET MARIUS is estimated at 3 854 998 € (range 1 813 717€ - 5 565 373€). With an EBITDA of 326 596€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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 value 2023
76 tx
1813k€ 3854k€ 5565k€
3 854 998 € Range: 1 813 717€ - 5 565 373€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
326 596 € × 1.3x
Estimation 412 449 €
164 520€ - 915 730€
Revenue Multiple 30%
58 526 611 € × 0.20x
Estimation 11 907 066 €
5 692 163€ - 16 023 982€
Net Income Multiple 20%
221 144 € × 1.7x
Estimation 383 272 €
119 043€ - 1 501 572€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication d'emballages en matières plastiques)

Compare MILLET MARIUS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about MILLET MARIUS

What is the revenue of MILLET MARIUS ?

The revenue of MILLET MARIUS in 2023 is 58.5 M€.

Is MILLET MARIUS profitable?

Yes, MILLET MARIUS generated a net profit of 221 k€ in 2023.

Where is the headquarters of MILLET MARIUS ?

The headquarters of MILLET MARIUS is located in LAVANS-LES-SAINT-CLAUDE (39170), in the department Jura.

Where to find the tax return of MILLET MARIUS ?

The tax return of MILLET MARIUS 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 MILLET MARIUS operate?

MILLET MARIUS operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.