Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2014-03-10 (12 years)Status: ActiveBusiness sector: Activité des économistes de la constructionLocation: SURESNES (92150), Hauts-de-Seine
MJ2 : revenue, balance sheet and financial ratios
MJ2 is a French company
founded 12 years ago,
specialized in the sector Activité des économistes de la construction.
Based in SURESNES (92150),
this company of category PME
shows in 2023 a revenue of 286 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2023, MJ2 achieves revenue of 286 k€. Over the period 2014-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +34.7%. Significant drop of -56% vs 2022. After deducting consumption (2 k€), gross margin stands at 284 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 9 k€, representing 3.3% of revenue. Warning negative scissor effect: despite revenue change (-56%), EBITDA varies by -73%, reducing margin by 2.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -4 k€ (-1.3% of revenue), which will impact equity.
Revenue (2023)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
286 421 €
Gross margin (2023)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
284 063 €
EBITDA (2023)
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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
9 445 €
EBIT (2023)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
6 527 €
Net income (2023)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-3 693 €
EBITDA margin (2023)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
3.3%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 65%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 90.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
65.065%
Financial autonomy (2023)
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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
43.459%
Cash flow / Revenue (2023)
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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
0.229%
Repayment capacity (2023)
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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
90.562
Asset age ratio (2023)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2018
2019
2020
2021
2022
2023
Debt ratio
0.0
0.0
0.0
291.99
138.322
303.88
40.462
45.663
65.065
Financial autonomy
10.287
13.064
11.615
13.367
10.489
20.682
61.189
48.34
43.459
Repayment capacity
0.0
0.0
0.0
3.359
0.175
-35.001
-1.021
8.908
90.562
Cash flow / Revenue
4.786%
0.822%
1.627%
2.324%
1.691%
-0.497%
-43.655%
1.427%
0.229%
Sector positioning
Debt ratio
65.062023
2021
2022
2023
Q1: 0.13
Med: 10.82
Q3: 57.32
Average+16 pts over 3 years
In 2023, the debt ratio of MJ2 (65.06) 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
43.46%2023
2021
2022
2023
Q1: 7.75%
Med: 31.03%
Q3: 61.18%
Good-15 pts over 3 years
In 2023, the financial autonomy of MJ2 (43.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
90.56 years2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 1.05 years
Watch+52 pts over 3 years
In 2023, the repayment capacity of MJ2 (90.56) 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 344.38. 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 7.8x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2023)
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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
344.375
Interest coverage (2023)
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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
7.792
Liquidity indicators evolution MJ2
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2016
2018
2019
2020
2021
2022
2023
Liquidity ratio
112.183
126.953
103.896
146.37
109.722
534.632
692.387
331.508
344.375
Interest coverage
0.0
15.974
1.086
16.512
13.146
-190.946
-1.671
8.414
7.792
Sector positioning
Liquidity ratio
344.382023
2021
2022
2023
Q1: 147.03
Med: 246.81
Q3: 438.69
Good-12 pts over 3 years
In 2023, the liquidity ratio of MJ2 (344.38) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
7.79x2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.13x
Excellent+50 pts over 3 years
In 2023, the interest coverage of MJ2 (7.8x) 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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The company must finance 19 days of gap between collections and payments. Overall, WCR represents 215 days of revenue, i.e. 171 k€ to permanently finance. Over 2014-2023, WCR increased by +8252%, requiring additional financing.
Operating WCR (2023)
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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
170 890 €
Customer credit (2023)
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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
62 j
Supplier credit (2023)
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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
43 j
Inventory turnover (2023)
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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 (2023)
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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
215 j
WCR and payment terms evolution MJ2
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2018
2019
2020
2021
2022
2023
Operating WCR
2 046 €
4 378 €
15 212 €
88 071 €
130 565 €
64 678 €
203 880 €
239 459 €
170 890 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
288
135
35
63
102
36
29
53
62
Supplier payment term (days)
0
6
15
33
94
7
26
45
43
Positioning of MJ2 in its sector
Comparison with sector Activité des économistes de la construction
Valuation estimate
Based on 98 transactions of similar company sales
(all years),
the value of MJ2 is estimated at
59 490 €
(range 17 915€ - 99 584€).
With an EBITDA of 9 445€, the sector multiple of 3.5x is applied.
The price/revenue ratio is 0.36x
(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 value2023
98 tx
17k€59k€99k€
59 490 €Range: 17 915€ - 99 584€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
9 445 €×3.5x
Estimation32 720 €
8 153€ - 53 640€
Revenue Multiple30%
286 421 €×0.36x
Estimation104 109 €
34 186€ - 176 159€
How is this estimate calculated?
This estimate is based on the analysis of 98 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 (Activité des économistes de la construction)
Compare MJ2 with other companies in the same sector:
The headquarters of MJ2 is located in SURESNES (92150), in the department Hauts-de-Seine.
Where to find the tax return of MJ2 ?
The tax return of MJ2 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 MJ2 operate?
MJ2 operates in the sector Activité des économistes de la construction (NAF code 74.90A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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