SIREN : 505377234
MOREL is a French company founded 17 years ago, specialized in the sector Gestion de fonds. Based in ESTRABLIN (38780), this company of category PME shows in 2019 a revenue of 815 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 814 559 € | N/C | N/C | 706 762 € |
| Net income | 60 348 € | 53 566 € | 78 288 € | 59 102 € |
| EBITDA | 69 126 € | N/C | N/C | 89 976 € |
| Net margin | 7.4% | N/C | N/C | 8.4% |
In 2019, MOREL achieves revenue of 815 k€. Revenue is growing positively over 4 years (CAGR: +4.8%). After deducting consumption (240 k€), gross margin stands at 575 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 69 k€, representing 8.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 60 k€, i.e. 7.4% of revenue. This profit can be retained or distributed to shareholders.
814 559 €
574 547 €
69 126 €
74 959 €
60 348 €
8.5%
The debt ratio (= Financial debt / Equity x 100) stands at 9%. 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 85%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
9.037%
84.585%
9.038%
0.556
13.6%
In 2019, the debt ratio of MOREL (9.04) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2019, the financial autonomy of MOREL (84.6%) 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.
In 2019, the repayment capacity of MOREL (0.56) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1097.98. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
1097.981
0.275
In 2019, the liquidity ratio of MOREL (1097.98) 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 2019, the interest coverage of MOREL (0.3x) 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6 days. The company must finance 24 days of gap between collections and payments. Inventory turnover is 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 175 k€ to permanently finance.
174 731 €
30 j
6 j
34 j
77 j
Based on 61 transactions of similar company sales
in 2019,
the value of MOREL is estimated at
346 183 €
(range 167 071€ - 585 143€).
With an EBITDA of 69 126€, the sector multiple of 3.4x is applied.
The price/revenue ratio is 0.46x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 61 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 MOREL with other companies in the same sector:
The revenue of MOREL in 2019 is 815 k€.
Yes, MOREL generated a net profit of 60 k€ in 2019.
The headquarters of MOREL is located in ESTRABLIN (38780), in the department Isere.
The tax return of MOREL 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).
MOREL operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.