Employees: NN (None)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2014-10-13 (11 years)Status: ActiveBusiness sector: Services administratifs combinés de bureauLocation: LES CLAYES-SOUS-BOIS (78340), Yvelines
EASY RELAX : revenue, balance sheet and financial ratios
EASY RELAX is a French company
founded 11 years ago,
specialized in the sector Services administratifs combinés de bureau.
Based in LES CLAYES-SOUS-BOIS (78340),
this company of category PME
shows in 2017 a revenue of 36 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2019, EASY RELAX 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
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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 122%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
122.035%
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
41.069%
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
2016
2017
2019
Debt ratio
697.457
174.044
122.035
Financial autonomy
80.545
62.054
41.069
Repayment capacity
-9.748
1.748
None
Cash flow / Revenue
-5.699%
25.919%
None%
Sector positioning
Debt ratio
122.032019
2016
2017
2019
Q1: 0.04
Med: 15.97
Q3: 114.7
Average
In 2019, the debt ratio of EASY RELAX (122.03) 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
41.07%2019
2016
2017
2019
Q1: 7.91%
Med: 40.74%
Q3: 77.83%
Good-25 pts over 3 years
In 2019, the financial autonomy of EASY RELAX (41.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
1.75 years2017
2016
2017
Q1: 0.0 years
Med: 0.01 years
Q3: 2.57 years
Average+42 pts over 2 years
In 2017, the repayment capacity of EASY RELAX (1.75) 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 26.82. 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
26.823
Liquidity indicators evolution EASY RELAX
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2019
Liquidity ratio
140.52
1328.5
26.823
Interest coverage
-3.071
-4.638
None
Sector positioning
Liquidity ratio
26.822019
2016
2017
2019
Q1: 108.3
Med: 249.43
Q3: 881.94
Watch-13 pts over 3 years
In 2019, the liquidity ratio of EASY RELAX (26.82) 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
-4.64x2017
2016
2017
Q1: -0.81x
Med: 0.0x
Q3: 2.33x
Average
In 2017, the interest coverage of EASY RELAX (-4.6x) 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 (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
0 j
Supplier credit (2019)
?
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 (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 EASY RELAX
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2019
Operating WCR
3 065 €
5 534 €
0 €
Inventory turnover (days)
43
0
0
Customer payment term (days)
58
14
0
Supplier payment term (days)
1
4
0
Positioning of EASY RELAX in its sector
Comparison with sector Services administratifs combinés de bureau
Similar companies (Services administratifs combinés de bureau)
Compare EASY RELAX with other companies in the same sector:
Yes, EASY RELAX generated a net profit of 5 k€ in 2017.
Where is the headquarters of EASY RELAX ?
The headquarters of EASY RELAX is located in LES CLAYES-SOUS-BOIS (78340), in the department Yvelines.
Where to find the tax return of EASY RELAX ?
The tax return of EASY RELAX 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 EASY RELAX operate?
EASY RELAX operates in the sector Services administratifs combinés de bureau (NAF code 82.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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