Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2020-01-02 (6 years)Status: ActiveBusiness sector: Entretien et réparation de véhicules automobiles légersLocation: LA VALETTE-DU-VAR (83160), Var
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
CLASSIC CARS : revenue, balance sheet and financial ratios
CLASSIC CARS is a French company
founded 6 years ago,
specialized in the sector Entretien et réparation de véhicules automobiles légers.
Based in LA VALETTE-DU-VAR (83160),
this company of category PME
has financial data available below.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - CLASSIC CARS (SIREN 881314983)
Indicator
2023
2022
2021
2020
Revenue
N/C
N/C
N/C
N/C
Net income
0 €
0 €
0 €
0 €
EBITDA
N/C
N/C
N/C
N/C
Net margin
N/C
N/C
N/C
N/C
Revenue and income statement
In 2023, CLASSIC CARS records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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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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Item
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 179%. 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 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
179.106%
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
41.593%
Asset age ratio (2023)
?
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
Debt ratio
1582.314
804.424
147.662
179.106
Financial autonomy
34.825
43.965
31.094
41.593
Repayment capacity
None
None
None
None
Cash flow / Revenue
None%
None%
None%
None%
Sector positioning
Debt ratio
179.112023
2021
2022
2023
Q1: 5.17
Med: 28.2
Q3: 82.06
Average
In 2023, the debt ratio of CLASSIC CARS (179.11) 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
41.59%2023
2021
2022
2023
Q1: 19.25%
Med: 41.82%
Q3: 60.17%
Average-6 pts over 3 years
In 2023, the financial autonomy of CLASSIC CARS (41.6%) 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 161.38. 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
161.385
Liquidity indicators evolution CLASSIC CARS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2021
2022
2023
Liquidity ratio
99.592
102.248
127.405
161.385
Interest coverage
None
None
None
None
Sector positioning
Liquidity ratio
161.382023
2021
2022
2023
Q1: 141.2
Med: 208.66
Q3: 306.13
Average+12 pts over 3 years
In 2023, the liquidity ratio of CLASSIC CARS (161.38) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. 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.
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 CLASSIC CARS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
Operating WCR
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
Customer payment term (days)
381
236
82
0
Supplier payment term (days)
562
355
168
0
Positioning of CLASSIC CARS in its sector
Comparison with sector Entretien et réparation de véhicules automobiles légers
Similar companies (Entretien et réparation de véhicules automobiles légers)
Compare CLASSIC CARS with other companies in the same sector:
The revenue of CLASSIC CARS is not publicly disclosed (confidential accounts filed with INPI).
Is CLASSIC CARS profitable?
Profitability information is not publicly available.
Where is the headquarters of CLASSIC CARS ?
The headquarters of CLASSIC CARS is located in LA VALETTE-DU-VAR (83160), in the department Var.
Where to find the tax return of CLASSIC CARS ?
The tax return of CLASSIC CARS 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 CLASSIC CARS operate?
CLASSIC CARS operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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