CLEAR WATER : revenue, balance sheet and financial ratios

CLEAR WATER is a French company founded 7 years ago, specialized in the sector Commerce de détail de quincaillerie, peintures et verres en grandes surfaces (400 m2et plus). Based in SAINT-MITRE-LES-REMPARTS (13920), this company of category PME shows in 2022 a revenue of 805 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CLEAR WATER (SIREN 842029431)
Indicator 2023 2022 2021 2020 2019
Revenue N/C 804 873 € 974 030 € 810 537 € 176 559 €
Net income -16 897 € -22 054 € 38 452 € 6 140 € -2 549 €
EBITDA N/C 23 252 € 61 935 € 46 821 € 6 465 €
Net margin N/C -2.7% 3.9% 0.8% -1.4%

Revenue and income statement

In 2023, CLEAR WATER records a net loss of 17 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

-16 897 €

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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 3544%. 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 3%. 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

3543.659%

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

2.502%

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

52.1%

Solvency indicators evolution
CLEAR WATER

Sector positioning

Debt ratio
3543.66 2023
2021
2022
2023
Q1: 12.05
Med: 38.78
Q3: 91.02
Watch

In 2023, the debt ratio of CLEAR WATER (3543.66) 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
2.5% 2023
2021
2022
2023
Q1: 28.46%
Med: 47.41%
Q3: 62.06%
Average

In 2023, the financial autonomy of CLEAR WATER (2.5%) 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
-48.51 years 2022
2021
2022
Q1: 0.42 years
Med: 1.57 years
Q3: 3.82 years
Excellent -51 pts over 2 years

In 2022, the repayment capacity of CLEAR WATER (-48.51) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 991.10. 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

991.095

Liquidity indicators evolution
CLEAR WATER

Sector positioning

Liquidity ratio
991.1 2023
2021
2022
2023
Q1: 187.15
Med: 273.77
Q3: 394.4
Excellent +51 pts over 3 years

In 2023, the liquidity ratio of CLEAR WATER (991.10) 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.

Interest coverage
5.63x 2022
2021
2022
Q1: 0.34x
Med: 1.84x
Q3: 5.4x
Excellent +8 pts over 2 years

In 2022, the interest coverage of CLEAR WATER (5.6x) 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
CLEAR WATER

Positioning of CLEAR WATER in its sector

Comparison with sector Commerce de détail de quincaillerie, peintures et verres en grandes surfaces (400 m2et plus)

Similar companies (Commerce de détail de quincaillerie, peintures et verres en grandes surfaces (400 m2et plus))

Compare CLEAR WATER with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail de quincaillerie, peintures et verres en grandes surfaces (400 m2et plus)

Frequently asked questions about CLEAR WATER

What is the revenue of CLEAR WATER ?

The revenue of CLEAR WATER in 2022 is 805 k€.

Is CLEAR WATER profitable?

CLEAR WATER recorded a net loss in 2023.

Where is the headquarters of CLEAR WATER ?

The headquarters of CLEAR WATER is located in SAINT-MITRE-LES-REMPARTS (13920), in the department Bouches-du-Rhone.

Where to find the tax return of CLEAR WATER ?

The tax return of CLEAR WATER 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 CLEAR WATER operate?

CLEAR WATER operates in the sector Commerce de détail de quincaillerie, peintures et verres en grandes surfaces (400 m2et plus) (NAF code 47.52B). See the 'Sector positioning' section above to compare the company with its competitors.