Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2011-07-01 (14 years)Status: ActiveBusiness sector: Travaux d'installation d'eau et de gaz en tous locauxLocation: BARLIN (62620), Pas-de-Calais
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
C2JL : revenue, balance sheet and financial ratios
C2JL is a French company
founded 14 years ago,
specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux.
Based in BARLIN (62620),
this company of category PME
shows in 2018 a revenue of 1.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2019, C2JL records a net loss of 51 k€. This deficit will reduce equity on the balance sheet.
Net income (2019)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-50 994 €
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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 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2019)
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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
102.203%
Financial autonomy (2019)
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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
17.79%
Asset age ratio (2019)
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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
2018
2019
Debt ratio
63.935
102.203
Financial autonomy
24.263
17.79
Repayment capacity
1.073
None
Cash flow / Revenue
0.891%
None%
Sector positioning
Debt ratio
102.22019
2018
2019
Q1: 1.27
Med: 13.46
Q3: 47.03
Average
In 2019, the debt ratio of C2JL (102.20) 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
17.79%2019
2018
2019
Q1: 9.29%
Med: 33.37%
Q3: 55.36%
Average-7 pts over 2 years
In 2019, the financial autonomy of C2JL (17.8%) 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
1.07 years2018
2018
Q1: 0.0 years
Med: 0.06 years
Q3: 0.96 years
Average
In 2018, the repayment capacity of C2JL (1.07) 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 131.85. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2019)
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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
131.855
Liquidity indicators evolution C2JL
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2018
2019
Liquidity ratio
130.42
131.855
Interest coverage
-1.065
None
Sector positioning
Liquidity ratio
131.852019
2018
2019
Q1: 147.34
Med: 206.63
Q3: 311.56
Watch
In 2019, the liquidity ratio of C2JL (131.85) 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
-1.06x2018
2018
Q1: 0.0x
Med: 0.14x
Q3: 2.09x
Average
In 2018, the interest coverage of C2JL (-1.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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: 422 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 465 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model).
Operating WCR (2019)
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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 (2019)
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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
422 j
Supplier credit (2019)
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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
465 j
Inventory turnover (2019)
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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 C2JL
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
Operating WCR
391 313 €
0 €
Inventory turnover (days)
11
0
Customer payment term (days)
121
422
Supplier payment term (days)
89
465
Positioning of C2JL 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 C2JL with other companies in the same sector:
The headquarters of C2JL is located in BARLIN (62620), in the department Pas-de-Calais.
Where to find the tax return of C2JL ?
The tax return of C2JL 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 C2JL operate?
C2JL 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.
Item evolution
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