SIREN : 789290111
MORINI is a French company founded 13 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in SANNOIS (95110), this company of category PME shows in 2019 a revenue of 155 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
| Indicator | 2019 | 2016 | 2015 |
|---|---|---|---|
| Revenue | 154 679 € | 92 841 € | 63 334 € |
| Net income | 11 259 € | 18 927 € | -17 815 € |
| EBITDA | 18 505 € | 21 680 € | -14 133 € |
| Net margin | 7.3% | 20.4% | -28.1% |
In 2019, MORINI achieves revenue of 155 k€. Over the period 2015-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +25.0%. Vs 2016, growth of +67% (93 k€ -> 155 k€). After deducting consumption (25 k€), gross margin stands at 129 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 12.0% of revenue. Warning negative scissor effect: despite revenue change (+67%), EBITDA varies by -15%, reducing margin by 11.4 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 11 k€, i.e. 7.3% of revenue. This profit can be retained or distributed to shareholders.
154 679 €
129 398 €
18 505 €
15 525 €
11 259 €
12.0%
The debt ratio (= Financial debt / Equity x 100) stands at 6%. 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 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 9.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
6.429%
3.094%
9.217%
0.0
18.0%
In 2019, the debt ratio of MORINI (6.43) 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 MORINI (3.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2019, the repayment capacity of MORINI (0.00) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 162.70. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
162.697
0.189
In 2019, the liquidity ratio of MORINI (162.70) 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.
In 2019, the interest coverage of MORINI (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. Favorable situation: supplier credit is longer than customer credit by 12 days. WCR is negative (-2 days): operations structurally generate cash. Over 2015-2019, WCR increased by +87%, requiring additional financing.
-996 €
49 j
61 j
0 j
-2 j
Based on 88 transactions of similar company sales
(all years),
the value of MORINI is estimated at
40 239 €
(range 13 826€ - 71 111€).
With an EBITDA of 18 505€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.18x
(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 88 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 MORINI with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de peinture et vitrerie
The revenue of MORINI in 2019 is 155 k€.
Yes, MORINI generated a net profit of 11 k€ in 2019.
The headquarters of MORINI is located in SANNOIS (95110), in the department Val-d'Oise.
The tax return of MORINI 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).
MORINI operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.