SIREN : 353922438
MJE is a French company founded 36 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in MARSEILLE 13 (13013), this company of category PME shows in 2022 a revenue of 777 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 | 777 148 € | 1 097 930 € | 977 987 € | 1 115 277 € | 1 074 010 € | 969 256 € | 1 079 633 € |
| Net income | 9 165 € | 25 403 € | 33 285 € | 28 130 € | 52 027 € | 34 177 € | 32 736 € |
| EBITDA | 25 473 € | 70 289 € | 69 288 € | 57 600 € | 80 861 € | 40 249 € | 41 085 € |
| Net margin | 1.2% | 2.3% | 3.4% | 2.5% | 4.8% | 3.5% | 3.0% |
In 2022, MJE achieves revenue of 777 k€. Revenue is declining over the period 2016-2022 (CAGR: -5.3%). Significant drop of -29% vs 2021. After deducting consumption (228 k€), gross margin stands at 549 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 25 k€, representing 3.3% of revenue. Warning negative scissor effect: despite revenue change (-29%), EBITDA varies by -64%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 1.2% of revenue. This profit can be retained or distributed to shareholders.
777 148 €
548 941 €
25 473 €
-1 975 €
9 165 €
3.3%
The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 64%. 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 11.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
38.163%
64.068%
2.511%
11.819
59.4%
In 2022, the debt ratio of MJE (38.16) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of MJE (64.1%) 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.
In 2022, the repayment capacity of MJE (11.82) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 768.54. 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 13.4x. Operating income very largely covers interest expenses: high safety margin.
768.536
13.446
In 2022, the liquidity ratio of MJE (768.54) 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.
In 2022, the interest coverage of MJE (13.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 287 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The gap of 269 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 287 days of revenue, i.e. 619 k€ to permanently finance.
619 247 €
287 j
18 j
1 j
287 j
Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 60 113€ to 143 408€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 47 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 MJE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux
The revenue of MJE in 2022 is 777 k€.
Yes, MJE generated a net profit of 9 k€ in 2022.
The headquarters of MJE is located in MARSEILLE 13 (13013), in the department Bouches-du-Rhone.
The tax return of MJE 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).
MJE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.