SIREN : 410219042
MSSA is a French company founded 29 years ago, specialized in the sector Fabrication d'autres produits chimiques inorganiques de base n.c.a.. Based in SAINT-MARCEL (73600), this company of category ETI shows in 2024 a revenue of 91.1 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 91 098 959 € | 91 345 182 € | 82 461 725 € | 73 079 539 € | 66 508 445 € | 70 602 € | 73 959 638 € | 73 532 739 € | 68 143 003 € |
| Net income | -1 191 405 € | 1 076 101 € | 897 578 € | 1 738 401 € | -500 813 € | 5 321 € | 4 102 593 € | 4 777 440 € | 3 760 946 € |
| EBITDA | 5 944 403 € | 8 930 274 € | 8 742 090 € | 7 671 415 € | 4 626 162 € | 10 059 € | 9 537 277 € | 8 699 845 € | 6 942 998 € |
| Net margin | -1.3% | 1.2% | 1.1% | 2.4% | -0.8% | 7.5% | 5.5% | 6.5% | 5.5% |
In 2024, MSSA achieves revenue of 91.1 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Slight decline of -0% vs 2023. After deducting consumption (26.7 M€), gross margin stands at 64.4 M€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.9 M€, representing 6.5% of revenue. Warning negative scissor effect: despite revenue change (-0%), EBITDA varies by -33%, reducing margin by 3.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.2 M€ (-1.3% of revenue), which will impact equity.
91 098 959 €
64 409 888 €
5 944 403 €
-642 337 €
-1 191 405 €
6.0%
The debt ratio (= Financial debt / Equity x 100) stands at 75%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. 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 5.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
75.261%
40.135%
5.034%
5.496
27.9%
In 2024, the debt ratio of MSSA (75.26) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of MSSA (40.1%) 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 2024, the repayment capacity of MSSA (5.50) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 194.04. 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 32.6x. Operating income very largely covers interest expenses: high safety margin.
194.045
32.564
In 2024, the liquidity ratio of MSSA (194.04) 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 2024, the interest coverage of MSSA (32.6x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The company must finance 3 days of gap between collections and payments. Inventory turnover is 49 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 73 days of revenue, i.e. 18.5 M€ to permanently finance. Over 2016-2024, WCR increased by +256%, requiring additional financing.
18 502 199 €
54 j
51 j
49 j
73 j
Based on 74 transactions of similar company sales
(all years),
the value of MSSA is estimated at
6 074 639 €
(range 3 152 331€ - 13 892 425€).
With an EBITDA of 5 944 403€, the sector multiple of 0.6x is applied.
The price/revenue ratio is 0.11x
(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.
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This estimate is based on the analysis of 74 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 MSSA with other companies in the same sector:
The revenue of MSSA in 2024 is 91.1 M€.
MSSA recorded a net loss in 2024.
The headquarters of MSSA is located in SAINT-MARCEL (73600), in the department Savoie.
The tax return of MSSA 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).
MSSA operates in the sector Fabrication d'autres produits chimiques inorganiques de base n.c.a. (NAF code 20.13B). See the 'Sector positioning' section above to compare the company with its competitors.