Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2019-10-28 (6 years)Status: ActiveBusiness sector: Fabrication d’autres meubles et industries connexes de l’ameublementLocation: MONTMIRAIL (72320), Sarthe
ALTAIR : revenue, balance sheet and financial ratios
ALTAIR is a French company
founded 6 years ago,
specialized in the sector Fabrication d’autres meubles et industries connexes de l’ameublement.
Based in MONTMIRAIL (72320),
this company of category PME
shows in 2022 a revenue of 3.2 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, ALTAIR records a net loss of 17 k€. This deficit will reduce equity on the balance sheet.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-16 693 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 280%. 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 22%. The balance between equity and debt is satisfactory.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
279.787%
Financial autonomy (2024)
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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
22.005%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
2024
Debt ratio
-600.273
-4397.901
627.391
352.513
279.787
Financial autonomy
-16.782
-1.993
12.02
18.421
22.005
Repayment capacity
None
3.959
2.964
None
None
Cash flow / Revenue
None%
15.319%
19.055%
None%
None%
Sector positioning
Debt ratio
279.792024
2022
2023
2024
Q1: 0.92
Med: 21.14
Q3: 74.6
Watch
In 2024, the debt ratio of ALTAIR (279.79) 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
22.0%2024
2022
2023
2024
Q1: 7.98%
Med: 31.08%
Q3: 54.68%
Average+15 pts over 3 years
In 2024, the financial autonomy of ALTAIR (22.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
2.96 years2022
2022
Q1: 0.0 years
Med: 0.36 years
Q3: 2.02 years
Watch
In 2022, the repayment capacity of ALTAIR (2.96) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 307.21. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
307.208
Liquidity indicators evolution ALTAIR
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2021
2022
2023
2024
Liquidity ratio
163.966
230.93
284.326
288.046
307.208
Interest coverage
None
3.182
5.127
None
None
Sector positioning
Liquidity ratio
307.212024
2022
2023
2024
Q1: 131.19
Med: 215.69
Q3: 367.62
Good
In 2024, the liquidity ratio of ALTAIR (307.21) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
5.13x2022
2022
Q1: 0.0x
Med: 0.02x
Q3: 3.16x
Excellent
In 2022, the interest coverage of ALTAIR (5.1x) 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 (2024)
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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)
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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)
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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 ALTAIR
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
2024
Operating WCR
0 €
343 413 €
497 166 €
0 €
0 €
Inventory turnover (days)
0
31
32
0
0
Customer payment term (days)
0
29
27
0
0
Supplier payment term (days)
0
24
34
0
0
Positioning of ALTAIR in its sector
Comparison with sector Fabrication d’autres meubles et industries connexes de l’ameublement
Similar companies (Fabrication d’autres meubles et industries connexes de l’ameublement)
Compare ALTAIR with other companies in the same sector:
The headquarters of ALTAIR is located in MONTMIRAIL (72320), in the department Sarthe.
Where to find the tax return of ALTAIR ?
The tax return of ALTAIR 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 ALTAIR operate?
ALTAIR operates in the sector Fabrication d’autres meubles et industries connexes de l’ameublement (NAF code 31.09B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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