MOULINAGE JOSEPH VERNEDE : revenue, balance sheet and financial ratios

MOULINAGE JOSEPH VERNEDE is a French company founded 39 years ago, specialized in the sector Préparation de fibres textiles et filature. Based in PRADES (07380), this company of category PME shows in 2024 a revenue of 2.9 M€. 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 - MOULINAGE JOSEPH VERNEDE (SIREN 339012023)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016 2015
Revenue 2 919 217 € 2 815 019 € 1 943 617 € 1 616 106 € 2 025 609 € 1 805 592 € 1 770 945 € 1 890 216 € 1 956 559 €
Net income 86 298 € 47 913 € 91 978 € 39 868 € 22 992 € -66 148 € -46 239 € 235 € -140 814 €
EBITDA 473 197 € 444 581 € 373 466 € 264 097 € 295 083 € 177 987 € 203 097 € 291 623 € 197 098 €
Net margin 3.0% 1.7% 4.7% 2.5% 1.1% -3.7% -2.6% 0.0% -7.2%

Revenue and income statement

In 2024, MOULINAGE JOSEPH VERNEDE achieves revenue of 2.9 M€. Revenue is growing positively over 9 years (CAGR: +4.5%). Vs 2023: +4%. After deducting consumption (121 k€), gross margin stands at 2.8 M€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 473 k€, representing 16.2% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 86 k€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 919 217 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 797 970 €

EBITDA (2024) ?
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

473 197 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

104 196 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

86 298 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.2%

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Chart evolution

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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 69%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

68.554%

Financial autonomy (2024) ?
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

52.657%

Cash flow / Revenue (2024) ?
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

14.922%

Repayment capacity (2024) ?
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

2.603

Asset age ratio (2024) ?
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

41.2%

Solvency indicators evolution
MOULINAGE JOSEPH VERNEDE

Sector positioning

Debt ratio
68.55 2024
2021
2023
2024
Q1: 8.93
Med: 28.91
Q3: 77.95
Average

In 2024, the debt ratio of MOULINAGE JOSEPH VERNEDE (68.55) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
52.66% 2024
2021
2023
2024
Q1: 28.84%
Med: 49.18%
Q3: 72.0%
Good +7 pts over 3 years

In 2024, the financial autonomy of MOULINAGE JOSEPH VERNEDE (52.7%) 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.

Repayment capacity
2.6 years 2024
2021
2023
2024
Q1: 0.46 years
Med: 1.25 years
Q3: 4.24 years
Average

In 2024, the repayment capacity of MOULINAGE JOSEPH VERNEDE (2.60) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 193.92. 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 5.6x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

193.92

Interest coverage (2024) ?
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

5.593

Liquidity indicators evolution
MOULINAGE JOSEPH VERNEDE

Sector positioning

Liquidity ratio
193.92 2024
2021
2023
2024
Q1: 183.08
Med: 354.32
Q3: 545.97
Average -20 pts over 3 years

In 2024, the liquidity ratio of MOULINAGE JOSEPH VERNEDE (193.92) 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.

Interest coverage
5.59x 2024
2021
2023
2024
Q1: 0.0x
Med: 3.83x
Q3: 10.9x
Good

In 2024, the interest coverage of MOULINAGE JOSEPH VERNEDE (5.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Favorable situation: supplier credit is longer than customer credit by 30 days. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 31 days of revenue, i.e. 253 k€ to permanently finance. Over 2015-2024, WCR increased by +85%, requiring additional financing.

Operating WCR (2024) ?
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

253 271 €

Customer credit (2024) ?
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

24 j

Supplier credit (2024) ?
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

54 j

Inventory turnover (2024) ?
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

24 j

WCR in days of revenue (2024) ?
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

31 j

WCR and payment terms evolution
MOULINAGE JOSEPH VERNEDE

Positioning of MOULINAGE JOSEPH VERNEDE in its sector

Comparison with sector Préparation de fibres textiles et filature

Similar companies (Préparation de fibres textiles et filature)

Compare MOULINAGE JOSEPH VERNEDE with other companies in the same sector:

Voir toutes les statistiques du secteur Préparation de fibres textiles et filature

Frequently asked questions about MOULINAGE JOSEPH VERNEDE

What is the revenue of MOULINAGE JOSEPH VERNEDE ?

The revenue of MOULINAGE JOSEPH VERNEDE in 2024 is 2.9 M€.

Is MOULINAGE JOSEPH VERNEDE profitable?

Yes, MOULINAGE JOSEPH VERNEDE generated a net profit of 86 k€ in 2024.

Where is the headquarters of MOULINAGE JOSEPH VERNEDE ?

The headquarters of MOULINAGE JOSEPH VERNEDE is located in PRADES (07380), in the department Ardeche.

Where to find the tax return of MOULINAGE JOSEPH VERNEDE ?

The tax return of MOULINAGE JOSEPH VERNEDE 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 MOULINAGE JOSEPH VERNEDE operate?

MOULINAGE JOSEPH VERNEDE operates in the sector Préparation de fibres textiles et filature (NAF code 13.10Z). See the 'Sector positioning' section above to compare the company with its competitors.