MTG MAINTENANCE THERMIQUE GRESIVAUDAN : revenue, balance sheet and financial ratios

MTG MAINTENANCE THERMIQUE GRESIVAUDAN is a French company founded 25 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in SAINT-LAURENT-DU-PONT (38380), this company of category PME shows in 2023 a revenue of 270 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - MTG MAINTENANCE THERMIQUE GRESIVAUDAN (SIREN 433141405)
Indicator 2023 2020 2019 2018 2017
Revenue 269 617 € 241 022 € 273 179 € 255 901 € 235 805 €
Net income 23 884 € 21 187 € 35 099 € 33 962 € 34 302 €
EBITDA 38 333 € 27 251 € 42 616 € 38 379 € 35 567 €
Net margin 8.9% 8.8% 12.8% 13.3% 14.5%

Revenue and income statement

In 2023, MTG MAINTENANCE THERMIQUE GRESIVAUDAN achieves revenue of 270 k€. Revenue is growing positively over 5 years (CAGR: +2.3%). Vs 2020, growth of +12% (241 k€ -> 270 k€). After deducting consumption (47 k€), gross margin stands at 222 k€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 38 k€, representing 14.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.9 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 8.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

269 617 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

222 341 €

EBITDA (2023) ?
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

38 333 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

28 622 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

23 884 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.2%

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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 22%. 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 52%. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.5% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

22.147%

Financial autonomy (2023) ?
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

52.279%

Cash flow / Revenue (2023) ?
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

12.463%

Repayment capacity (2023) ?
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

1.256

Asset age ratio (2023) ?
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

39.8%

Solvency indicators evolution
MTG MAINTENANCE THERMIQUE GRESIVAUDAN

Sector positioning

Debt ratio
22.15 2023
2019
2020
2023
Q1: 2.09
Med: 17.22
Q3: 54.07
Average +26 pts over 3 years

In 2023, the debt ratio of MTG MAINTENANCE THERMIQUE... (22.15) 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
52.28% 2023
2019
2020
2023
Q1: 15.57%
Med: 35.33%
Q3: 53.94%
Good

In 2023, the financial autonomy of MTG MAINTENANCE THERMIQUE... (52.3%) 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
1.26 years 2023
2019
2020
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 1.37 years
Average +28 pts over 3 years

In 2023, the repayment capacity of MTG MAINTENANCE THERMIQUE... (1.26) 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 357.69. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2023) ?
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

357.688

Interest coverage (2023) ?
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

1.518

Liquidity indicators evolution
MTG MAINTENANCE THERMIQUE GRESIVAUDAN

Sector positioning

Liquidity ratio
357.69 2023
2019
2020
2023
Q1: 152.99
Med: 207.19
Q3: 302.35
Excellent

In 2023, the liquidity ratio of MTG MAINTENANCE THERMIQUE... (357.69) 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.

Interest coverage
1.52x 2023
2019
2020
2023
Q1: 0.0x
Med: 0.26x
Q3: 2.24x
Good +30 pts over 3 years

In 2023, the interest coverage of MTG MAINTENANCE THERMIQUE... (1.5x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Excellent situation: suppliers finance 81 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-38 days): operations structurally generate cash. Notable WCR improvement over the period (-136%), freeing up cash.

Operating WCR (2023) ?
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

-28 202 €

Customer credit (2023) ?
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

20 j

Supplier credit (2023) ?
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

101 j

Inventory turnover (2023) ?
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

6 j

WCR in days of revenue (2023) ?
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

-38 j

WCR and payment terms evolution
MTG MAINTENANCE THERMIQUE GRESIVAUDAN

Positioning of MTG MAINTENANCE THERMIQUE GRESIVAUDAN in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 27 851€ to 79 468€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
27k€ 38k€ 79k€
38 531 € Range: 27 851€ - 79 468€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare MTG MAINTENANCE THERMIQUE GRESIVAUDAN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about MTG MAINTENANCE THERMIQUE GRESIVAUDAN

What is the revenue of MTG MAINTENANCE THERMIQUE GRESIVAUDAN ?

The revenue of MTG MAINTENANCE THERMIQUE GRESIVAUDAN in 2023 is 270 k€.

Is MTG MAINTENANCE THERMIQUE GRESIVAUDAN profitable?

Yes, MTG MAINTENANCE THERMIQUE GRESIVAUDAN generated a net profit of 24 k€ in 2023.

Where is the headquarters of MTG MAINTENANCE THERMIQUE GRESIVAUDAN ?

The headquarters of MTG MAINTENANCE THERMIQUE GRESIVAUDAN is located in SAINT-LAURENT-DU-PONT (38380), in the department Isere.

Where to find the tax return of MTG MAINTENANCE THERMIQUE GRESIVAUDAN ?

The tax return of MTG MAINTENANCE THERMIQUE GRESIVAUDAN 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 MTG MAINTENANCE THERMIQUE GRESIVAUDAN operate?

MTG MAINTENANCE THERMIQUE GRESIVAUDAN operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.