MSA CONSTRUCTION : revenue, balance sheet and financial ratios

MSA CONSTRUCTION is a French company founded 19 years ago, specialized in the sector Construction de maisons individuelles. Based in SAINT-QUENTIN (02100), this company of category PME shows in 2022 a revenue of 1.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MSA CONSTRUCTION (SIREN 493070452)
Indicator 2024 2023 2022 2021 2020 2019
Revenue N/C N/C 1 609 195 € 1 686 210 € 1 673 591 € 2 468 791 €
Net income 127 216 € 135 696 € 137 280 € 104 282 € 112 359 € 186 349 €
EBITDA N/C N/C 572 581 € 211 722 € 101 289 € 266 959 €
Net margin N/C N/C 8.5% 6.2% 6.7% 7.5%

Revenue and income statement

In 2024, MSA CONSTRUCTION generates positive net income of 127 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2019-2024: 186 k€ -> 127 k€.

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

127 216 €

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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 25%. 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 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

25.17%

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

43.008%

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

36.4%

Solvency indicators evolution
MSA CONSTRUCTION

Sector positioning

Debt ratio
25.17 2024
2022
2023
2024
Q1: 0.01
Med: 9.43
Q3: 42.45
Average +30 pts over 3 years

In 2024, the debt ratio of MSA CONSTRUCTION (25.17) 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
43.01% 2024
2022
2023
2024
Q1: 5.78%
Med: 26.67%
Q3: 49.13%
Good -7 pts over 3 years

In 2024, the financial autonomy of MSA CONSTRUCTION (43.0%) 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
0.1 years 2022
2022
Q1: 0.0 years
Med: 0.01 years
Q3: 1.27 years
Average

In 2022, the repayment capacity of MSA CONSTRUCTION (0.10) 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 176.44. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

176.436

Liquidity indicators evolution
MSA CONSTRUCTION

Sector positioning

Liquidity ratio
176.44 2024
2022
2023
2024
Q1: 127.49
Med: 184.68
Q3: 290.32
Average -11 pts over 3 years

In 2024, the liquidity ratio of MSA CONSTRUCTION (176.44) 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
0.1x 2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 1.56x
Good

In 2022, the interest coverage of MSA CONSTRUCTION (0.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
MSA CONSTRUCTION

Positioning of MSA CONSTRUCTION in its sector

Comparison with sector Construction de maisons individuelles

Valuation estimate

Based on 113 transactions of similar company sales (all years), the value of MSA CONSTRUCTION is estimated at 315 786 € (range 107 053€ - 1 018 327€). 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.

Estimated enterprise value 2024
113 transactions
107k€ 315k€ 1018k€
315 786 € Range: 107 053€ - 1 018 327€
NAF 5 all-time

Valuation method used

Net Income Multiple
127 216 € × 2.5x = 315 786 €
Range: 107 053€ - 1 018 327€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 113 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Construction de maisons individuelles)

Compare MSA CONSTRUCTION with other companies in the same sector:

Frequently asked questions about MSA CONSTRUCTION

What is the revenue of MSA CONSTRUCTION ?

The revenue of MSA CONSTRUCTION in 2022 is 1.6 M€.

Is MSA CONSTRUCTION profitable?

Yes, MSA CONSTRUCTION generated a net profit of 127 k€ in 2024.

Where is the headquarters of MSA CONSTRUCTION ?

The headquarters of MSA CONSTRUCTION is located in SAINT-QUENTIN (02100), in the department Aisne.

Where to find the tax return of MSA CONSTRUCTION ?

The tax return of MSA CONSTRUCTION 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 MSA CONSTRUCTION operate?

MSA CONSTRUCTION operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.