SOCIETE NOUVELLE MORIN : revenue, balance sheet and financial ratios

SOCIETE NOUVELLE MORIN is a French company founded 12 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in FONTENAY SOUS BOIS (94120), this company of category PME shows in 2022 a revenue of 1.2 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 - SOCIETE NOUVELLE MORIN (SIREN 802014886)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 1 216 258 € N/C N/C 745 118 € 704 401 € 762 878 € 743 581 €
Net income -19 790 € 13 699 € -65 961 € -61 131 € 10 172 € 13 777 € 43 386 € 62 462 €
EBITDA N/C 14 063 € N/C N/C 13 756 € -5 067 € 51 807 € 76 509 €
Net margin N/C 1.1% N/C N/C 1.4% 2.0% 5.7% 8.4%

Revenue and income statement

In 2023, SOCIETE NOUVELLE MORIN records a net loss of 20 k€. This deficit will reduce equity on the balance sheet.

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

-19 790 €

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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 347%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

346.885%

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

4.134%

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

14.0%

Solvency indicators evolution
SOCIETE NOUVELLE MORIN

Sector positioning

Debt ratio
346.88 2023
2021
2022
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Watch

In 2023, the debt ratio of SOCIETE NOUVELLE MORIN (346.88) 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.

Financial autonomy
4.13% 2023
2021
2022
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Watch

In 2023, the financial autonomy of SOCIETE NOUVELLE MORIN (4.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
6.17 years 2022
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 1.44 years
Average

In 2022, the repayment capacity of SOCIETE NOUVELLE MORIN (6.17) 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 119.85. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

119.847

Liquidity indicators evolution
SOCIETE NOUVELLE MORIN

Sector positioning

Liquidity ratio
119.85 2023
2021
2022
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Watch

In 2023, the liquidity ratio of SOCIETE NOUVELLE MORIN (119.85) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
10.28x 2022
2022
Q1: 0.0x
Med: 0.06x
Q3: 1.79x
Excellent

In 2022, the interest coverage of SOCIETE NOUVELLE MORIN (10.3x) 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) and payment terms

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

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
SOCIETE NOUVELLE MORIN

Positioning of SOCIETE NOUVELLE MORIN in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Similar companies (Travaux d'installation d'eau et de gaz en tous locaux)

Compare SOCIETE NOUVELLE MORIN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about SOCIETE NOUVELLE MORIN

What is the revenue of SOCIETE NOUVELLE MORIN ?

The revenue of SOCIETE NOUVELLE MORIN in 2022 is 1.2 M€.

Is SOCIETE NOUVELLE MORIN profitable?

SOCIETE NOUVELLE MORIN recorded a net loss in 2023.

Where is the headquarters of SOCIETE NOUVELLE MORIN ?

The headquarters of SOCIETE NOUVELLE MORIN is located in FONTENAY SOUS BOIS (94120), in the department Val-de-Marne.

Where to find the tax return of SOCIETE NOUVELLE MORIN ?

The tax return of SOCIETE NOUVELLE MORIN 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 SOCIETE NOUVELLE MORIN operate?

SOCIETE NOUVELLE MORIN operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.