SIREN : 453762320
MIMELEC is a French company founded 21 years ago, specialized in the sector Réparation de matériels électroniques et optiques. Based in LA RUE-SAINT-PIERRE (76690), this company of category PME shows in 2022 a revenue of 357 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 357 028 € | 587 255 € | 264 839 € | 347 183 € | 499 957 € | 444 341 € | 354 761 € |
| Net income | 5 356 € | 28 107 € | -41 408 € | -26 631 € | 43 454 € | 24 222 € | 796 € |
| EBITDA | 20 077 € | 35 261 € | -41 925 € | -27 418 € | 53 184 € | 27 130 € | 10 554 € |
| Net margin | 1.5% | 4.8% | -15.6% | -7.7% | 8.7% | 5.5% | 0.2% |
In 2022, MIMELEC achieves revenue of 357 k€. Revenue is growing positively over 7 years (CAGR: +0.1%). Significant drop of -39% vs 2021. After deducting consumption (85 k€), gross margin stands at 272 k€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 5.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 1.5% of revenue. This profit can be retained or distributed to shareholders.
357 028 €
272 388 €
20 077 €
9 973 €
5 356 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 117%. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
117.218%
31.353%
7.734%
1.249
26.2%
In 2022, the debt ratio of MIMELEC (117.22) 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.
In 2022, the financial autonomy of MIMELEC (31.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of MIMELEC (1.25) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 135.53. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.
135.527
1.459
In 2022, the liquidity ratio of MIMELEC (135.53) 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.
In 2022, the interest coverage of MIMELEC (1.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 33 days of revenue, i.e. 33 k€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.
32 864 €
62 j
69 j
46 j
33 j
Based on 197 transactions of similar company sales (all years), the value of MIMELEC is estimated at 56 958 € (range 23 971€ - 120 863€). With an EBITDA of 20 077€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.28x (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.
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This estimate is based on the analysis of 197 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare MIMELEC with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation de matériels électroniques et optiques
The revenue of MIMELEC in 2022 is 357 k€.
Yes, MIMELEC generated a net profit of 5 k€ in 2022.
The headquarters of MIMELEC is located in LA RUE-SAINT-PIERRE (76690), in the department Seine-Maritime.
The tax return of MIMELEC 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).
MIMELEC operates in the sector Réparation de matériels électroniques et optiques (NAF code 33.13Z). See the 'Sector positioning' section above to compare the company with its competitors.