SIREN : 353720873
MORVAN is a French company founded 36 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in PROVINS (77160), this company of category PME shows in 2024 a revenue of 222 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 222 006 € | 258 031 € | 284 621 € | 315 814 € | 290 220 € | 343 543 € | 347 061 € | 360 664 € | 366 389 € | 395 617 € |
| Net income | 12 570 € | 11 413 € | 4 467 € | -36 582 € | 4 417 € | -223 € | -98 € | -21 877 € | -35 793 € | 1 756 € |
| EBITDA | 18 736 € | 26 699 € | 8 114 € | 16 353 € | 8 661 € | -4 233 € | 227 € | 8 892 € | -23 450 € | -11 796 € |
| Net margin | 5.7% | 4.4% | 1.6% | -11.6% | 1.5% | -0.1% | -0.0% | -6.1% | -9.8% | 0.4% |
In 2024, MORVAN achieves revenue of 222 k€. Revenue is declining over the period 2015-2024 (CAGR: -6.2%). Significant drop of -14% vs 2023. After deducting consumption (118 k€), gross margin stands at 104 k€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 8.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 13 k€, i.e. 5.7% of revenue. This profit can be retained or distributed to shareholders.
222 006 €
104 395 €
18 736 €
12 224 €
12 570 €
8.4%
The debt ratio (= Financial debt / Equity x 100) stands at 137%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
137.132%
34.514%
8.589%
4.141
5.9%
In 2024, the debt ratio of MORVAN (137.13) 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 MORVAN (34.5%) 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 2024, the repayment capacity of MORVAN (4.14) 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 322.26. 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 2.1x. Financial charges are adequately covered by operations.
322.261
2.098
In 2024, the liquidity ratio of MORVAN (322.26) 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 2024, the interest coverage of MORVAN (2.1x) 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 30 days. Inventory turnover is 102 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 105 days of revenue, i.e. 65 k€ to permanently finance. Over 2015-2024, WCR increased by +72%, requiring additional financing.
64 699 €
5 j
35 j
102 j
105 j
Based on 68 transactions of similar company sales
in 2024,
the value of MORVAN is estimated at
39 776 €
(range 20 677€ - 87 122€).
With an EBITDA of 18 736€, the sector multiple of 2.0x is applied.
The price/revenue ratio is 0.19x
(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 68 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 MORVAN with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé
The revenue of MORVAN in 2024 is 222 k€.
Yes, MORVAN generated a net profit of 13 k€ in 2024.
The headquarters of MORVAN is located in PROVINS (77160), in the department Seine-et-Marne.
The tax return of MORVAN 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).
MORVAN operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.