SIREN : 351195078
MORPHEE EXPLOITATION is a French company founded 36 years ago, specialized in the sector Hôtels et hébergement similaire . Based in ANNECY (74000), this company of category PME shows in 2024 a revenue of 987 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 986 883 € | 1 138 269 € | 1 121 375 € | 1 027 885 € | 767 771 € | 892 387 € | 908 423 € | 803 328 € | 661 188 € |
| Net income | -457 897 € | -164 417 € | 1 974 € | 9 428 839 € | -73 600 € | 37 061 € | 52 117 € | -26 798 € | -346 183 € |
| EBITDA | 78 559 € | 137 903 € | 211 347 € | 384 619 € | 280 591 € | 381 068 € | 421 170 € | 274 184 € | -55 912 € |
| Net margin | -46.4% | -14.4% | 0.2% | 917.3% | -9.6% | 4.2% | 5.7% | -3.3% | -52.4% |
In 2024, MORPHEE EXPLOITATION achieves revenue of 987 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. Significant drop of -13% vs 2023. After deducting consumption (36 k€), gross margin stands at 951 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 79 k€, representing 8.0% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -43%, reducing margin by 4.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -458 k€ (-46.4% of revenue), which will impact equity.
986 883 €
951 357 €
78 559 €
-200 277 €
-457 897 €
7.9%
The debt ratio (= Financial debt / Equity x 100) stands at 845%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
845.122%
10.369%
-39.825%
-25.185
42.8%
In 2024, the debt ratio of MORPHEE EXPLOITATION (845.12) 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 2024, the financial autonomy of MORPHEE EXPLOITATION (10.4%) 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 2024, the repayment capacity of MORPHEE EXPLOITATION (-25.18) 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 1141.61. 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 650.3x. Operating income very largely covers interest expenses: high safety margin.
1141.607
650.305
In 2024, the liquidity ratio of MORPHEE EXPLOITATION (1141.61) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of MORPHEE EXPLOITATION (650.3x) 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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 53 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 890 days of revenue, i.e. 2.4 M€ to permanently finance. Over 2016-2024, WCR increased by +161%, requiring additional financing.
2 440 127 €
10 j
63 j
1 j
890 j
Based on 99 transactions of similar company sales
in 2024,
the value of MORPHEE EXPLOITATION is estimated at
435 494 €
(range 154 770€ - 864 561€).
With an EBITDA of 78 559€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.54x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 99 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 MORPHEE EXPLOITATION with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of MORPHEE EXPLOITATION in 2024 is 987 k€.
MORPHEE EXPLOITATION recorded a net loss in 2024.
The headquarters of MORPHEE EXPLOITATION is located in ANNECY (74000), in the department Haute-Savoie.
The tax return of MORPHEE EXPLOITATION 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).
MORPHEE EXPLOITATION operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.