Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1993-05-07 (33 years)Status: ActiveBusiness sector: Activités des agences de publicitéLocation: VILLETANEUSE (93430), Seine-Saint-Denis
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
CONNIVENCE : revenue, balance sheet and financial ratios
CONNIVENCE is a French company
founded 33 years ago,
specialized in the sector Activités des agences de publicité.
Based in VILLETANEUSE (93430),
this company of category PME
shows in 2020 a net income negative of -163 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2020, CONNIVENCE records a net loss of 163 k€. This deficit will reduce equity on the balance sheet.
Net income (2020)
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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
-162 634 €
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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 22%. 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 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2020)
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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
22.423%
Financial autonomy (2020)
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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
56.042%
Asset age ratio (2020)
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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
2016
2017
2018
2019
2020
Debt ratio
0.0
0.0
0.0
0.0
22.423
Financial autonomy
72.838
68.571
72.723
79.817
56.042
Repayment capacity
None
None
None
None
None
Cash flow / Revenue
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
22.422020
2018
2019
2020
Q1: 0.0
Med: 11.22
Q3: 80.25
Average+29 pts over 3 years
In 2020, the debt ratio of CONNIVENCE (22.42) 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
56.04%2020
2018
2019
2020
Q1: 8.34%
Med: 31.64%
Q3: 55.63%
Excellent
In 2020, the financial autonomy of CONNIVENCE (56.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 284.28. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2020)
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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
284.277
Liquidity indicators evolution CONNIVENCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
Liquidity ratio
353.432
306.897
325.146
444.139
284.277
Interest coverage
None
None
None
None
None
Sector positioning
Liquidity ratio
284.282020
2018
2019
2020
Q1: 132.32
Med: 216.88
Q3: 360.13
Good-13 pts over 3 years
In 2020, the liquidity ratio of CONNIVENCE (284.28) 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.
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: 261 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 532 days. Excellent situation: suppliers finance 271 days of the operating cycle (retail model).
Operating WCR (2020)
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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 (2020)
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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
261 j
Supplier credit (2020)
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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
532 j
Inventory turnover (2020)
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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 CONNIVENCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
Operating WCR
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
Customer payment term (days)
125
204
180
264
261
Supplier payment term (days)
199
389
198
347
532
Positioning of CONNIVENCE in its sector
Comparison with sector Activités des agences de publicité
Similar companies (Activités des agences de publicité)
Compare CONNIVENCE with other companies in the same sector:
The revenue of CONNIVENCE is not publicly disclosed (confidential accounts filed with INPI).
Is CONNIVENCE profitable?
CONNIVENCE recorded a net loss in 2020.
Where is the headquarters of CONNIVENCE ?
The headquarters of CONNIVENCE is located in VILLETANEUSE (93430), in the department Seine-Saint-Denis.
Where to find the tax return of CONNIVENCE ?
The tax return of CONNIVENCE 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 CONNIVENCE operate?
CONNIVENCE operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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