Employees: 11 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2005-11-01 (20 years)Status: ActiveBusiness sector: Commerce de détail de meublesLocation: SAINT-ANDRE (97440), La Reunion
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
FAOE : revenue, balance sheet and financial ratios
FAOE is a French company
founded 20 years ago,
specialized in the sector Commerce de détail de meubles.
Based in SAINT-ANDRE (97440),
this company of category PME
shows in 2022 a net income negative of -2 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2022, FAOE records a net loss of 2 k€. This deficit will reduce equity on the balance sheet.
Net income (2022)
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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
-1 957 €
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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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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 53%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2022)
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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
53.455%
Financial autonomy (2022)
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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
42.533%
Asset age ratio (2022)
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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
2018
2019
2020
2021
2022
Debt ratio
199.663
94.694
72.234
66.649
60.817
53.455
Financial autonomy
25.89
44.632
47.776
49.761
44.774
42.533
Repayment capacity
None
None
None
None
None
None
Cash flow / Revenue
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
53.452022
2020
2021
2022
Q1: 3.01
Med: 33.75
Q3: 108.56
Average
In 2022, the debt ratio of FAOE (53.45) 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
42.53%2022
2020
2021
2022
Q1: 11.03%
Med: 27.57%
Q3: 46.91%
Good-6 pts over 3 years
In 2022, the financial autonomy of FAOE (42.5%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 277.12. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2022)
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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
277.115
Liquidity indicators evolution FAOE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2018
2019
2020
2021
2022
Liquidity ratio
391.887
681.845
522.445
540.669
337.558
277.115
Interest coverage
None
None
None
None
None
None
Sector positioning
Liquidity ratio
277.122022
2020
2021
2022
Q1: 113.85
Med: 155.36
Q3: 239.66
Excellent
In 2022, the liquidity ratio of FAOE (277.12) 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.
Positioning of FAOE in its sector
Comparison with sector Commerce de détail de meubles
Similar companies (Commerce de détail de meubles)
Compare FAOE with other companies in the same sector:
The revenue of FAOE is not publicly disclosed (confidential accounts filed with INPI).
Is FAOE profitable?
FAOE recorded a net loss in 2022.
Where is the headquarters of FAOE ?
The headquarters of FAOE is located in SAINT-ANDRE (97440), in the department La Reunion.
Where to find the tax return of FAOE ?
The tax return of FAOE 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 FAOE operate?
FAOE operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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