MIROITERIE VITRERIE DE BERNAY : revenue, balance sheet and financial ratios

MIROITERIE VITRERIE DE BERNAY is a French company founded 32 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in BERNAY (27300), this company of category PME shows in 2023 a revenue of 705 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - MIROITERIE VITRERIE DE BERNAY (SIREN 394931455)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 704 708 € 683 281 € 564 509 € 668 925 € 548 430 € 812 081 € 650 820 € 597 614 €
Net income 40 463 € 44 772 € 32 783 € 89 468 € 14 348 € 88 572 € 66 134 € 30 619 €
EBITDA 96 621 € 91 406 € 50 551 € 121 360 € 32 377 € 131 337 € 100 365 € 45 498 €
Net margin 5.7% 6.6% 5.8% 13.4% 2.6% 10.9% 10.2% 5.1%

Revenue and income statement

In 2023, MIROITERIE VITRERIE DE BERNAY achieves revenue of 705 k€. Revenue is growing positively over 8 years (CAGR: +2.4%). Vs 2022: +3%. After deducting consumption (323 k€), gross margin stands at 381 k€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 97 k€, representing 13.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 40 k€, i.e. 5.7% 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

704 708 €

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

381 303 €

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

96 621 €

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

69 775 €

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

40 463 €

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

13.7%

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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 562%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

562.316%

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

11.983%

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

8.538%

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

6.994

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

20.7%

Solvency indicators evolution
MIROITERIE VITRERIE DE BERNAY

Sector positioning

Debt ratio
562.32 2023
2021
2022
2023
Q1: 0.02
Med: 11.62
Q3: 45.86
Watch

In 2023, the debt ratio of MIROITERIE VITRERIE DE BE... (562.32) 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.

Financial autonomy
11.98% 2023
2021
2022
2023
Q1: 3.7%
Med: 28.85%
Q3: 52.33%
Average -31 pts over 3 years

In 2023, the financial autonomy of MIROITERIE VITRERIE DE BE... (12.0%) 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
6.99 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.82 years
Watch

In 2023, the repayment capacity of MIROITERIE VITRERIE DE BE... (6.99) 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 413.72. 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 22.8x. 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

413.717

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

22.772

Liquidity indicators evolution
MIROITERIE VITRERIE DE BERNAY

Sector positioning

Liquidity ratio
413.72 2023
2021
2022
2023
Q1: 142.83
Med: 206.2
Q3: 314.64
Excellent

In 2023, the liquidity ratio of MIROITERIE VITRERIE DE BE... (413.72) 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
22.77x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.37x
Excellent

In 2023, the interest coverage of MIROITERIE VITRERIE DE BE... (22.8x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 30 days of revenue, i.e. 59 k€ 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

58 843 €

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

49 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

57 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

11 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

30 j

WCR and payment terms evolution
MIROITERIE VITRERIE DE BERNAY

Positioning of MIROITERIE VITRERIE DE BERNAY in its sector

Comparison with sector Travaux de peinture et vitrerie

Valuation estimate

Based on 88 transactions of similar company sales (all years), the value of MIROITERIE VITRERIE DE BERNAY is estimated at 193 594 € (range 65 795€ - 340 631€). With an EBITDA of 96 621€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.18x (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
88 tx
65k€ 193k€ 340k€
193 594 € Range: 65 795€ - 340 631€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
96 621 € × 2.7x
Estimation 262 244 €
79 392€ - 453 875€
Revenue Multiple 30%
704 708 € × 0.18x
Estimation 128 018 €
58 904€ - 226 219€
Net Income Multiple 20%
40 463 € × 3.0x
Estimation 120 334 €
42 141€ - 229 140€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 88 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 (Travaux de peinture et vitrerie)

Compare MIROITERIE VITRERIE DE BERNAY with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de peinture et vitrerie

Frequently asked questions about MIROITERIE VITRERIE DE BERNAY

What is the revenue of MIROITERIE VITRERIE DE BERNAY ?

The revenue of MIROITERIE VITRERIE DE BERNAY in 2023 is 705 k€.

Is MIROITERIE VITRERIE DE BERNAY profitable?

Yes, MIROITERIE VITRERIE DE BERNAY generated a net profit of 40 k€ in 2023.

Where is the headquarters of MIROITERIE VITRERIE DE BERNAY ?

The headquarters of MIROITERIE VITRERIE DE BERNAY is located in BERNAY (27300), in the department Eure.

Where to find the tax return of MIROITERIE VITRERIE DE BERNAY ?

The tax return of MIROITERIE VITRERIE DE BERNAY 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 VITRERIE DE BERNAY operate?

MIROITERIE VITRERIE DE BERNAY operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.