SIREN : 442476438
MORBRAZ is a French company founded 23 years ago, specialized in the sector Activités des sièges sociaux. Based in MUZILLAC (56190), this company of category PME shows in 2022 a revenue of 401 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 | 400 661 € | 351 711 € | 251 161 € | 222 507 € | 211 057 € | 206 452 € | 150 923 € |
| Net income | 5 468 226 € | 611 150 € | 496 290 € | 342 069 € | 309 786 € | 225 186 € | 169 645 € |
| EBITDA | -103 118 € | -156 261 € | -140 474 € | -190 807 € | -198 928 € | -183 991 € | -253 759 € |
| Net margin | 1364.8% | 173.8% | 197.6% | 153.7% | 146.8% | 109.1% | 112.4% |
In 2022, MORBRAZ achieves revenue of 401 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +17.7%. Vs 2021, growth of +14% (352 k€ -> 401 k€). After deducting consumption (0 €), gross margin stands at 401 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -103 k€, representing -25.7% of revenue. Positive scissor effect: EBITDA margin improves by +18.7 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.5 M€, i.e. 1364.8% of revenue. This profit can be retained or distributed to shareholders.
400 661 €
400 661 €
-103 118 €
125 272 €
5 468 226 €
-25.7%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1369.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
11.697%
10.148%
1369.456%
0.02
81.0%
In 2022, the debt ratio of MORBRAZ (11.70) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2022, the financial autonomy of MORBRAZ (10.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of MORBRAZ (0.02) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 746.21. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
746.205
-171.567
In 2022, the liquidity ratio of MORBRAZ (746.21) 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.
In 2022, the interest coverage of MORBRAZ (-171.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 158 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. The gap of 112 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 825 days of revenue, i.e. 918 k€ to permanently finance. Over 2016-2022, WCR increased by +2903%, requiring additional financing.
917 898 €
158 j
46 j
0 j
825 j
Based on 107 transactions of similar company sales in 2022, the value of MORBRAZ is estimated at 13 433 167 € (range 8 590 345€ - 22 805 517€). The price/revenue ratio is 0.65x (in line with sector norms). 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.
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This estimate is based on the analysis of 107 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 MORBRAZ with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of MORBRAZ in 2022 is 401 k€.
Yes, MORBRAZ generated a net profit of 5.5 M€ in 2022.
The headquarters of MORBRAZ is located in MUZILLAC (56190), in the department Morbihan.
The tax return of MORBRAZ 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).
MORBRAZ operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.