MIROITERIE LOIRE OCEAN : revenue, balance sheet and financial ratios

MIROITERIE LOIRE OCEAN is a French company founded 21 years ago, specialized in the sector Façonnage et transformation du verre plat. Based in SAINT-BARTHELEMY-D'ANJOU (49124), this company of category PME shows in 2024 a revenue of 2.9 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 - MIROITERIE LOIRE OCEAN (SIREN 481464568)
Indicator 2024 2023 2022 2021 2020 2019 2017
Revenue 2 860 645 € 2 645 186 € 2 204 554 € N/C N/C N/C N/C
Net income 405 341 € 396 510 € 244 023 € 79 711 € 12 429 € 6 888 € 212 €
EBITDA 553 846 € 549 245 € 358 201 € N/C N/C N/C N/C
Net margin 14.2% 15.0% 11.1% N/C N/C N/C N/C

Revenue and income statement

In 2024, MIROITERIE LOIRE OCEAN achieves revenue of 2.9 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.9%. Vs 2023: +8%. After deducting consumption (1.2 M€), gross margin stands at 1.6 M€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 554 k€, representing 19.4% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 405 k€, i.e. 14.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 860 645 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 626 128 €

EBITDA (2024) ?
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

553 846 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

522 189 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

405 341 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

19.3%

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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 8%. 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 71%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.131%

Financial autonomy (2024) ?
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

70.825%

Cash flow / Revenue (2024) ?
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

15.219%

Repayment capacity (2024) ?
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

0.204

Asset age ratio (2024) ?
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

36.4%

Solvency indicators evolution
MIROITERIE LOIRE OCEAN

Sector positioning

Debt ratio
8.13 2024
2022
2023
2024
Q1: 4.82
Med: 28.23
Q3: 76.62
Good -16 pts over 3 years

In 2024, the debt ratio of MIROITERIE LOIRE OCEAN (8.13) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
70.83% 2024
2022
2023
2024
Q1: 32.87%
Med: 46.51%
Q3: 61.17%
Excellent +23 pts over 3 years

In 2024, the financial autonomy of MIROITERIE LOIRE OCEAN (70.8%) 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
0.2 years 2024
2022
2023
2024
Q1: -1.9 years
Med: 0.27 years
Q3: 1.56 years
Good

In 2024, the repayment capacity of MIROITERIE LOIRE OCEAN (0.20) 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 394.70. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

394.7

Interest coverage (2024) ?
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

0.586

Liquidity indicators evolution
MIROITERIE LOIRE OCEAN

Sector positioning

Liquidity ratio
394.7 2024
2022
2023
2024
Q1: 169.27
Med: 239.74
Q3: 374.28
Excellent +25 pts over 3 years

In 2024, the liquidity ratio of MIROITERIE LOIRE OCEAN (394.70) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.59x 2024
2022
2023
2024
Q1: -2.12x
Med: 1.32x
Q3: 5.27x
Average

In 2024, the interest coverage of MIROITERIE LOIRE OCEAN (0.6x) 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. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 54 days of revenue, i.e. 426 k€ to permanently finance.

Operating WCR (2024) ?
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

425 979 €

Customer credit (2024) ?
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

39 j

Supplier credit (2024) ?
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

40 j

Inventory turnover (2024) ?
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

18 j

WCR in days of revenue (2024) ?
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

54 j

WCR and payment terms evolution
MIROITERIE LOIRE OCEAN

Positioning of MIROITERIE LOIRE OCEAN in its sector

Comparison with sector Façonnage et transformation du verre plat

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of MIROITERIE LOIRE OCEAN is estimated at 683 260 € (range 248 018€ - 1 779 638€). With an EBITDA of 553 846€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2024
228 transactions
248k€ 683k€ 1779k€
683 260 € Range: 248 018€ - 1 779 638€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
553 846 € × 1.5x
Estimation 853 593 €
266 202€ - 2 210 080€
Revenue Multiple 30%
2 860 645 € × 0.13x
Estimation 366 427 €
252 778€ - 1 089 610€
Net Income Multiple 20%
405 341 € × 1.8x
Estimation 732 678 €
195 418€ - 1 738 579€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 (Façonnage et transformation du verre plat)

Compare MIROITERIE LOIRE OCEAN with other companies in the same sector:

Voir toutes les statistiques du secteur Façonnage et transformation du verre plat

Frequently asked questions about MIROITERIE LOIRE OCEAN

What is the revenue of MIROITERIE LOIRE OCEAN ?

The revenue of MIROITERIE LOIRE OCEAN in 2024 is 2.9 M€.

Is MIROITERIE LOIRE OCEAN profitable?

Yes, MIROITERIE LOIRE OCEAN generated a net profit of 405 k€ in 2024.

Where is the headquarters of MIROITERIE LOIRE OCEAN ?

The headquarters of MIROITERIE LOIRE OCEAN is located in SAINT-BARTHELEMY-D'ANJOU (49124), in the department Maine-et-Loire.

Where to find the tax return of MIROITERIE LOIRE OCEAN ?

The tax return of MIROITERIE LOIRE OCEAN 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 MIROITERIE LOIRE OCEAN operate?

MIROITERIE LOIRE OCEAN operates in the sector Façonnage et transformation du verre plat (NAF code 23.12Z). See the 'Sector positioning' section above to compare the company with its competitors.