Employees: NN (2023.0)Legal category: SA (autres)Size: ETICreation date: 1981-08-01 (44 years)Status: ActiveBusiness sector: Autres activités liées au sportLocation: SIGNES (83870), Var
COURAGE COMPETITION : revenue, balance sheet and financial ratios
COURAGE COMPETITION is a French company
founded 44 years ago,
specialized in the sector Autres activités liées au sport.
Based in SIGNES (83870),
this company of category ETI
shows in 2023 a revenue of 15 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - COURAGE COMPETITION (SIREN 322538125)
Indicator
2024
2023
2022
2018
2017
2016
Revenue
N/C
14 933 €
96 692 €
67 611 €
84 310 €
114 900 €
Net income
-4 036 €
75 157 €
-17 998 €
1 844 €
2 945 €
29 588 €
EBITDA
-3 370 €
-7 €
-17 743 €
-18 648 €
3 709 €
30 567 €
Net margin
N/C
503.3%
-18.6%
2.7%
3.5%
25.8%
Revenue and income statement
In 2024, COURAGE COMPETITION records a net loss of 4 k€. This deficit will reduce equity on the balance sheet.
EBITDA (2024)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
-3 370 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-3 365 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-4 036 €
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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 13%. 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 85%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
12.61%
Financial autonomy (2024)
?
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
85.048%
Repayment capacity (2024)
?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
-3.461
Solvency indicators evolution COURAGE COMPETITION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2022
2023
2024
Debt ratio
-14.09
0.0
-31.759
31.608
11.583
12.61
Financial autonomy
-35.453
-100.02
-163.329
27.424
52.049
85.048
Repayment capacity
0.135
0.0
-0.411
-0.696
-17.315
-3.461
Cash flow / Revenue
25.751%
3.493%
-26.854%
-18.614%
-5.143%
None%
Sector positioning
Debt ratio
12.612024
2022
2023
2024
Q1: 0.0
Med: 4.63
Q3: 69.04
Average
In 2024, the debt ratio of COURAGE COMPETITION (12.61) 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
85.05%2024
2022
2023
2024
Q1: 0.0%
Med: 20.59%
Q3: 51.7%
Excellent+26 pts over 3 years
In 2024, the financial autonomy of COURAGE COMPETITION (85.0%) 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.
Repayment capacity
-3.46 years2024
2022
2023
2024
Q1: -0.43 years
Med: 0.0 years
Q3: 1.18 years
Excellent
In 2024, the repayment capacity of COURAGE COMPETITION (-3.46) 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 2361.46. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
2361.46
Interest coverage (2024)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2022
2023
2024
Liquidity ratio
71.595
39.61
46.554
156.232
238.296
2361.46
Interest coverage
3.209
20.545
-1.619
-1.229
-10928.571
-19.911
Sector positioning
Liquidity ratio
2361.462024
2022
2023
2024
Q1: 89.44
Med: 180.84
Q3: 411.87
Excellent+36 pts over 3 years
In 2024, the liquidity ratio of COURAGE COMPETITION (2361.46) 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
-19.91x2024
2022
2023
2024
Q1: -0.38x
Med: 0.0x
Q3: 0.91x
Average
In 2024, the interest coverage of COURAGE COMPETITION (-19.9x) 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.
Operating WCR (2024)
?
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)
?
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)
?
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 COURAGE COMPETITION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2022
2023
2024
Operating WCR
-37 950 €
-11 127 €
-5 168 €
20 415 €
127 498 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
Customer payment term (days)
54
0
25
116
2945
0
Supplier payment term (days)
238
366
185
1055
-1883160
0
Positioning of COURAGE COMPETITION in its sector
Comparison with sector Autres activités liées au sport
Similar companies (Autres activités liées au sport)
Compare COURAGE COMPETITION with other companies in the same sector:
Frequently asked questions about COURAGE COMPETITION
What is the revenue of COURAGE COMPETITION ?
The revenue of COURAGE COMPETITION in 2023 is 15 k€.
Is COURAGE COMPETITION profitable?
COURAGE COMPETITION recorded a net loss in 2024.
Where is the headquarters of COURAGE COMPETITION ?
The headquarters of COURAGE COMPETITION is located in SIGNES (83870), in the department Var.
Where to find the tax return of COURAGE COMPETITION ?
The tax return of COURAGE COMPETITION 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 COURAGE COMPETITION operate?
COURAGE COMPETITION operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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