ELOUNDA DEVELOPPEMENT : revenue, balance sheet and financial ratios

ELOUNDA DEVELOPPEMENT is a French company founded 19 years ago, specialized in the sector Promotion immobilière de logements. Based in MARSEILLE (13012), this company of category PME shows in 2018 a revenue of 463 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 - ELOUNDA DEVELOPPEMENT (SIREN 493265409)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 463 335 € 560 000 € N/C
Net income -41 358 € 62 271 € -20 084 € -71 109 € -4 526 € 2 895 € 24 341 €
EBITDA -3 793 € -22 902 € -16 783 € -58 550 € 14 843 € 36 241 € -2 167 €
Net margin N/C N/C N/C N/C -1.0% 0.5% N/C

Revenue and income statement

In 2022, ELOUNDA DEVELOPPEMENT records a net loss of 41 k€. This deficit will reduce equity on the balance sheet.

EBITDA (2022) ?
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

-3 793 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

24 359 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-41 358 €

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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 290%. 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 25%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

290.157%

Financial autonomy (2022) ?
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

24.869%

Repayment capacity (2022) ?
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

-1.528

Asset age ratio (2022) ?
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

3.8%

Solvency indicators evolution
ELOUNDA DEVELOPPEMENT

Sector positioning

Debt ratio
290.16 2022
2020
2021
2022
Q1: 0.0
Med: 9.78
Q3: 170.47
Average

In 2022, the debt ratio of ELOUNDA DEVELOPPEMENT (290.16) 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
24.87% 2022
2020
2021
2022
Q1: 0.08%
Med: 16.67%
Q3: 57.8%
Good +12 pts over 3 years

In 2022, the financial autonomy of ELOUNDA DEVELOPPEMENT (24.9%) 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
-1.53 years 2022
2020
2021
2022
Q1: -1.96 years
Med: 0.0 years
Q3: 2.58 years
Good +6 pts over 3 years

In 2022, the repayment capacity of ELOUNDA DEVELOPPEMENT (-1.53) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1298.81. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

1298.808

Interest coverage (2022) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-1735.987

Liquidity indicators evolution
ELOUNDA DEVELOPPEMENT

Sector positioning

Liquidity ratio
1298.81 2022
2020
2021
2022
Q1: 141.58
Med: 338.94
Q3: 1019.12
Excellent +69 pts over 3 years

In 2022, the liquidity ratio of ELOUNDA DEVELOPPEMENT (1298.81) 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
-1735.99x 2022
2020
2021
2022
Q1: -3.69x
Med: 0.0x
Q3: 3.08x
Watch

In 2022, the interest coverage of ELOUNDA DEVELOPPEMENT (-1736.0x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. Excellent situation: suppliers finance 72 days of the operating cycle (retail model).

Operating WCR (2022) ?
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 (2022) ?
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 (2022) ?
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

72 j

Inventory turnover (2022) ?
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
ELOUNDA DEVELOPPEMENT

Positioning of ELOUNDA DEVELOPPEMENT in its sector

Comparison with sector Promotion immobilière de logements

Similar companies (Promotion immobilière de logements)

Compare ELOUNDA DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about ELOUNDA DEVELOPPEMENT

What is the revenue of ELOUNDA DEVELOPPEMENT ?

The revenue of ELOUNDA DEVELOPPEMENT in 2018 is 463 k€.

Is ELOUNDA DEVELOPPEMENT profitable?

ELOUNDA DEVELOPPEMENT recorded a net loss in 2022.

Where is the headquarters of ELOUNDA DEVELOPPEMENT ?

The headquarters of ELOUNDA DEVELOPPEMENT is located in MARSEILLE (13012), in the department Bouches-du-Rhone.

Where to find the tax return of ELOUNDA DEVELOPPEMENT ?

The tax return of ELOUNDA DEVELOPPEMENT 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 ELOUNDA DEVELOPPEMENT operate?

ELOUNDA DEVELOPPEMENT operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.