1908 COURTAGE : revenue, balance sheet and financial ratios

1908 COURTAGE is a French company founded 14 years ago, specialized in the sector Autres commerces de détail en magasin non spécialisé. Based in MARSEILLE (13011), this company of category PME shows in 2019 a revenue of 1.6 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 - 1908 COURTAGE (SIREN 535291611)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C 1 607 440 € 1 494 633 € 1 578 045 € 1 398 053 €
Net income 0 € 0 € 0 € 47 277 € 70 022 € 52 400 € 72 316 €
EBITDA N/C N/C N/C 78 394 € 105 422 € 81 674 € 114 975 €
Net margin N/C N/C N/C 2.9% 4.7% 3.3% 5.2%

Revenue and income statement

In 2022, 1908 COURTAGE records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2019: 72 k€ -> 0 €.

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 17%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

16.555%

Financial autonomy (2022) ?
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

11.079%

Asset age ratio (2022) ?
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

32.1%

Solvency indicators evolution
1908 COURTAGE

Sector positioning

Debt ratio
16.55 2022
2020
2021
2022
Q1: -35.11
Med: 12.17
Q3: 94.36
Average -5 pts over 3 years

In 2022, the debt ratio of 1908 COURTAGE (16.55) 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
11.08% 2022
2020
2021
2022
Q1: 0.0%
Med: 19.75%
Q3: 46.72%
Average -7 pts over 3 years

In 2022, the financial autonomy of 1908 COURTAGE (11.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 400.34. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

400.341

Liquidity indicators evolution
1908 COURTAGE

Sector positioning

Liquidity ratio
400.34 2022
2020
2021
2022
Q1: 93.07
Med: 155.56
Q3: 269.07
Excellent

In 2022, the liquidity ratio of 1908 COURTAGE (400.34) 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.

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 (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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
1908 COURTAGE

Positioning of 1908 COURTAGE in its sector

Comparison with sector Autres commerces de détail en magasin non spécialisé

Similar companies (Autres commerces de détail en magasin non spécialisé)

Compare 1908 COURTAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Autres commerces de détail en magasin non spécialisé

Frequently asked questions about 1908 COURTAGE

What is the revenue of 1908 COURTAGE ?

The revenue of 1908 COURTAGE in 2019 is 1.6 M€.

Is 1908 COURTAGE profitable?

Yes, 1908 COURTAGE generated a net profit of 47 k€ in 2019.

Where is the headquarters of 1908 COURTAGE ?

The headquarters of 1908 COURTAGE is located in MARSEILLE (13011), in the department Bouches-du-Rhone.

Where to find the tax return of 1908 COURTAGE ?

The tax return of 1908 COURTAGE 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 1908 COURTAGE operate?

1908 COURTAGE operates in the sector Autres commerces de détail en magasin non spécialisé (NAF code 47.19B). See the 'Sector positioning' section above to compare the company with its competitors.