MOLGAS ENERGIA FRANCE : revenue, balance sheet and financial ratios

MOLGAS ENERGIA FRANCE is a French company founded 19 years ago, specialized in the sector Transports routiers de fret de proximité. Based in SAINT-HERBLAIN (44800), this company of category ETI shows in 2023 a revenue of 3.7 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 - MOLGAS ENERGIA FRANCE (SIREN 491721049)
Indicator 2023 2022 2021 2020 2019 2018 2016
Revenue 3 679 782 € 2 452 272 € 1 972 035 € N/C 975 252 € 1 133 092 € 729 063 €
Net income 402 993 € -43 801 € 79 684 € 128 062 € -193 147 € -279 907 € -10 353 €
EBITDA 433 292 € -30 557 € 60 628 € N/C -172 461 € -230 029 € -8 080 €
Net margin 11.0% -1.8% 4.0% N/C -19.8% -24.7% -1.4%

Revenue and income statement

In 2023, MOLGAS ENERGIA FRANCE achieves revenue of 3.7 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +26.0%. Vs 2022, growth of +50% (2.5 M€ -> 3.7 M€). After deducting consumption (170 k€), gross margin stands at 3.5 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 433 k€, representing 11.8% of revenue. Positive scissor effect: EBITDA margin improves by +13.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 403 k€, i.e. 11.0% 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

3 679 782 €

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

3 509 365 €

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

433 292 €

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

422 117 €

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

402 993 €

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

11.8%

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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 69%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.3% 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 (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

69.032%

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

24.082%

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

11.289%

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

1.094

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

38.1%

Solvency indicators evolution
MOLGAS ENERGIA FRANCE

Sector positioning

Debt ratio
69.03 2023
2021
2022
2023
Q1: 1.5
Med: 28.16
Q3: 91.33
Average

In 2023, the debt ratio of MOLGAS ENERGIA FRANCE (69.03) 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
24.08% 2023
2021
2022
2023
Q1: 12.41%
Med: 31.01%
Q3: 50.4%
Average

In 2023, the financial autonomy of MOLGAS ENERGIA FRANCE (24.1%) 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
1.09 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.59 years
Average -8 pts over 3 years

In 2023, the repayment capacity of MOLGAS ENERGIA FRANCE (1.09) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 165.36. 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 4.2x. Financial charges are adequately covered by operations.

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

165.356

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

4.175

Liquidity indicators evolution
MOLGAS ENERGIA FRANCE

Sector positioning

Liquidity ratio
165.36 2023
2021
2022
2023
Q1: 119.95
Med: 170.24
Q3: 259.15
Average

In 2023, the liquidity ratio of MOLGAS ENERGIA FRANCE (165.36) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
4.17x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.42x
Excellent

In 2023, the interest coverage of MOLGAS ENERGIA FRANCE (4.2x) 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: 212 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 209 days. The company must finance 3 days of gap between collections and payments. Overall, WCR represents 240 days of revenue, i.e. 2.5 M€ to permanently finance. Over 2016-2023, WCR increased by +1609%, requiring additional financing.

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

2 456 512 €

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

212 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

209 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

0 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

240 j

WCR and payment terms evolution
MOLGAS ENERGIA FRANCE

Positioning of MOLGAS ENERGIA FRANCE in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 53 transactions of similar company sales in 2023, the value of MOLGAS ENERGIA FRANCE is estimated at 845 744 € (range 341 536€ - 2 635 712€). With an EBITDA of 433 292€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.19x (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
53 tx
341k€ 845k€ 2635k€
845 744 € Range: 341 536€ - 2 635 712€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
433 292 € × 2.3x
Estimation 1 011 970 €
407 509€ - 3 100 612€
Revenue Multiple 30%
3 679 782 € × 0.19x
Estimation 682 951 €
258 494€ - 1 574 741€
Net Income Multiple 20%
402 993 € × 1.7x
Estimation 674 369 €
301 168€ - 3 064 920€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 (Transports routiers de fret de proximité)

Compare MOLGAS ENERGIA FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about MOLGAS ENERGIA FRANCE

What is the revenue of MOLGAS ENERGIA FRANCE ?

The revenue of MOLGAS ENERGIA FRANCE in 2023 is 3.7 M€.

Is MOLGAS ENERGIA FRANCE profitable?

Yes, MOLGAS ENERGIA FRANCE generated a net profit of 403 k€ in 2023.

Where is the headquarters of MOLGAS ENERGIA FRANCE ?

The headquarters of MOLGAS ENERGIA FRANCE is located in SAINT-HERBLAIN (44800), in the department Loire-Atlantique.

Where to find the tax return of MOLGAS ENERGIA FRANCE ?

The tax return of MOLGAS ENERGIA FRANCE 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 MOLGAS ENERGIA FRANCE operate?

MOLGAS ENERGIA FRANCE operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.