SIREN : 530460930
MORGON TELECOM is a French company founded 15 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in EMBRUN (05200), this company of category PME shows in 2020 a revenue of 276 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 275 697 € | 593 867 € | 253 834 € | 229 736 € | 171 216 € |
| Net income | 2 523 € | 56 683 € | 23 893 € | 36 606 € | 14 206 € |
| EBITDA | 35 669 € | 98 395 € | 38 339 € | 36 396 € | 26 038 € |
| Net margin | 0.9% | 9.5% | 9.4% | 15.9% | 8.3% |
In 2020, MORGON TELECOM achieves revenue of 276 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +12.6%. Significant drop of -54% vs 2019. After deducting consumption (46 k€), gross margin stands at 229 k€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 36 k€, representing 12.9% of revenue. Warning negative scissor effect: despite revenue change (-54%), EBITDA varies by -64%, reducing margin by 3.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.
275 697 €
229 222 €
35 669 €
232 €
2 523 €
12.4%
The debt ratio (= Financial debt / Equity x 100) stands at 194%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 12.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
194.313%
31.433%
12.894%
8.829
79.0%
In 2020, the debt ratio of MORGON TELECOM (194.31) 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 2020, the financial autonomy of MORGON TELECOM (31.4%) 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 2020, the repayment capacity of MORGON TELECOM (8.83) 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 593.38. 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 12.8x. Operating income very largely covers interest expenses: high safety margin.
593.383
12.753
In 2020, the liquidity ratio of MORGON TELECOM (593.38) 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 2020, the interest coverage of MORGON TELECOM (12.8x) 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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 146 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 159 days of revenue, i.e. 122 k€ to permanently finance. Over 2016-2020, WCR increased by +138%, requiring additional financing.
121 676 €
9 j
21 j
146 j
159 j
Based on 53 transactions of similar company sales
in 2020,
the value of MORGON TELECOM is estimated at
121 010 €
(range 66 983€ - 182 261€).
With an EBITDA of 35 669€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.45x
(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 53 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 MORGON TELECOM with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion
The revenue of MORGON TELECOM in 2020 is 276 k€.
Yes, MORGON TELECOM generated a net profit of 3 k€ in 2020.
The headquarters of MORGON TELECOM is located in EMBRUN (05200), in the department Hautes-Alpes.
The tax return of MORGON TELECOM 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).
MORGON TELECOM operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.