Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2005-09-19 (20 years)Status: ActiveBusiness sector: Autres activités de nettoyage des bâtiments et nettoyage industrielLocation: TOUQUES (14800), Calvados
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
FAST CLEAN SERVICES : revenue, balance sheet and financial ratios
FAST CLEAN SERVICES is a French company
founded 20 years ago,
specialized in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel.
Based in TOUQUES (14800),
this company of category PME
shows in 2016 a revenue of 122 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - FAST CLEAN SERVICES (SIREN 484080452)
Indicator
2019
2018
2017
2016
Revenue
N/C
N/C
N/C
122 006 €
Net income
0 €
0 €
0 €
-2 619 €
EBITDA
N/C
N/C
N/C
3 917 €
Net margin
N/C
N/C
N/C
-2.1%
Revenue and income statement
In 2019, FAST CLEAN SERVICES records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
Loading income statement...
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
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
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 -55273%. 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 65%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2019)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
-55273.239%
Financial autonomy (2019)
?
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
64.885%
Asset age ratio (2019)
?
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
Debt ratio
224.447
335.385
-1027.943
-55273.239
Financial autonomy
42.515
50.049
62.121
64.885
Repayment capacity
5.98
None
None
None
Cash flow / Revenue
2.699%
None%
None%
None%
Sector positioning
Debt ratio
-55273.242019
2017
2018
2019
Q1: 0.04
Med: 9.22
Q3: 43.9
Excellent-73 pts over 3 years
In 2019, the debt ratio of FAST CLEAN SERVICES (-55273.24) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
64.89%2019
2017
2018
2019
Q1: 5.59%
Med: 29.01%
Q3: 51.49%
Excellent
In 2019, the financial autonomy of FAST CLEAN SERVICES (64.9%) 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 138.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2019)
?
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
138.232
Liquidity indicators evolution FAST CLEAN SERVICES
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
Liquidity ratio
197.198
125.015
100.592
138.232
Interest coverage
15.956
None
None
None
Sector positioning
Liquidity ratio
138.232019
2017
2018
2019
Q1: 119.97
Med: 169.77
Q3: 253.56
Average
In 2019, the liquidity ratio of FAST CLEAN SERVICES (138.23) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. 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. Average customer payment term: 610 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 187 days. The gap of 423 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.
Operating WCR (2019)
?
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)
?
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
610 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
187 j
Inventory turnover (2019)
?
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 FAST CLEAN SERVICES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
Operating WCR
18 991 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
Customer payment term (days)
90
0
374
610
Supplier payment term (days)
0
0
133
187
Positioning of FAST CLEAN SERVICES in its sector
Comparison with sector Autres activités de nettoyage des bâtiments et nettoyage industriel
Similar companies (Autres activités de nettoyage des bâtiments et nettoyage industriel)
Compare FAST CLEAN SERVICES with other companies in the same sector:
Frequently asked questions about FAST CLEAN SERVICES
What is the revenue of FAST CLEAN SERVICES ?
The revenue of FAST CLEAN SERVICES in 2016 is 122 k€.
Is FAST CLEAN SERVICES profitable?
FAST CLEAN SERVICES recorded a net loss in 2016.
Where is the headquarters of FAST CLEAN SERVICES ?
The headquarters of FAST CLEAN SERVICES is located in TOUQUES (14800), in the department Calvados.
Where to find the tax return of FAST CLEAN SERVICES ?
The tax return of FAST CLEAN SERVICES 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 FAST CLEAN SERVICES operate?
FAST CLEAN SERVICES operates in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel (NAF code 81.22Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart