MOREL BRONZES D'ART : revenue, balance sheet and financial ratios

MOREL BRONZES D'ART is a French company founded 17 years ago, specialized in the sector Fabrication d’articles de joaillerie et bijouterie. Based in PARIS (75010), this company of category PME shows in 2022 a revenue of 102 k€. 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 - MOREL BRONZES D'ART (SIREN 509810834)
Indicator 2022 2018 2017 2016
Revenue 102 170 € 115 483 € 135 400 € 82 432 €
Net income -10 824 € 3 082 € 2 959 € 2 271 €
EBITDA -9 678 € 5 003 € 1 346 € 2 956 €
Net margin -10.6% 2.7% 2.2% 2.8%

Revenue and income statement

In 2022, MOREL BRONZES D'ART achieves revenue of 102 k€. Revenue is growing positively over 4 years (CAGR: +3.6%). Significant drop of -12% vs 2018. After deducting consumption (9 k€), gross margin stands at 93 k€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -10 k€, representing -9.5% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -293%, reducing margin by 13.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -11 k€ (-10.6% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

102 170 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

92 932 €

EBITDA (2022) ?
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

-9 678 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-10 779 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-10 824 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.5%

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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 1%. 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 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.226%

Financial autonomy (2022) ?
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

78.013%

Cash flow / Revenue (2022) ?
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

-9.517%

Repayment capacity (2022) ?
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

-0.09

Asset age ratio (2022) ?
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

15.0%

Solvency indicators evolution
MOREL BRONZES D'ART

Sector positioning

Debt ratio
1.23 2022
2017
2018
2022
Q1: 0.69
Med: 24.69
Q3: 80.81
Good -31 pts over 3 years

In 2022, the debt ratio of MOREL BRONZES D'ART (1.23) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
78.01% 2022
2017
2018
2022
Q1: 15.41%
Med: 42.07%
Q3: 69.37%
Excellent +14 pts over 3 years

In 2022, the financial autonomy of MOREL BRONZES D'ART (78.0%) 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.

Repayment capacity
-0.09 years 2022
2017
2018
2022
Q1: 0.0 years
Med: 0.48 years
Q3: 2.15 years
Excellent -50 pts over 3 years

In 2022, the repayment capacity of MOREL BRONZES D'ART (-0.09) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 298.28. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

298.278

Interest coverage (2022) ?
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

0.0

Liquidity indicators evolution
MOREL BRONZES D'ART

Sector positioning

Liquidity ratio
298.28 2022
2017
2018
2022
Q1: 166.43
Med: 296.24
Q3: 502.1
Good -12 pts over 3 years

In 2022, the liquidity ratio of MOREL BRONZES D'ART (298.28) 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
0.0x 2022
2017
2018
2022
Q1: 0.0x
Med: 0.46x
Q3: 3.25x
Average -52 pts over 3 years

In 2022, the interest coverage of MOREL BRONZES D'ART (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 8 days. The company must finance 10 days of gap between collections and payments. Overall, WCR represents 9 days of revenue, i.e. 3 k€ to permanently finance. Notable WCR improvement over the period (-93%), freeing up cash.

Operating WCR (2022) ?
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

2 662 €

Customer credit (2022) ?
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

18 j

Supplier credit (2022) ?
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

8 j

Inventory turnover (2022) ?
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 (2022) ?
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

9 j

WCR and payment terms evolution
MOREL BRONZES D'ART

Positioning of MOREL BRONZES D'ART in its sector

Comparison with sector Fabrication d’articles de joaillerie et bijouterie

Valuation estimate

Based on 101 transactions of similar company sales (all years), the value of MOREL BRONZES D'ART is estimated at 24 058 € (range 11 532€ - 43 531€). The price/revenue ratio is 0.24x (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.

Estimated enterprise value 2022
101 transactions
11k€ 24k€ 43k€
24 058 € Range: 11 532€ - 43 531€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
102 170 € × 0.24x = 24 059 €
Range: 11 532€ - 43 531€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 101 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 (Fabrication d’articles de joaillerie et bijouterie)

Compare MOREL BRONZES D'ART with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d’articles de joaillerie et bijouterie

Frequently asked questions about MOREL BRONZES D'ART

What is the revenue of MOREL BRONZES D'ART ?

The revenue of MOREL BRONZES D'ART in 2022 is 102 k€.

Is MOREL BRONZES D'ART profitable?

MOREL BRONZES D'ART recorded a net loss in 2022.

Where is the headquarters of MOREL BRONZES D'ART ?

The headquarters of MOREL BRONZES D'ART is located in PARIS (75010), in the department Paris.

Where to find the tax return of MOREL BRONZES D'ART ?

The tax return of MOREL BRONZES D'ART 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 MOREL BRONZES D'ART operate?

MOREL BRONZES D'ART operates in the sector Fabrication d’articles de joaillerie et bijouterie (NAF code 32.12Z). See the 'Sector positioning' section above to compare the company with its competitors.