FORMULA KART : revenue, balance sheet and financial ratios
FORMULA KART is a French company
founded 17 years ago,
specialized in the sector Gestion d'installations sportives.
Based in POINCY (77470),
this company of category PME
shows in 2018 a revenue of 511 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - FORMULA KART (SIREN 510831944)
Indicator
2024
2022
2021
2020
2018
2017
Revenue
N/C
N/C
N/C
N/C
510 832 €
587 013 €
Net income
113 289 €
80 188 €
89 157 €
-65 205 €
114 195 €
142 812 €
EBITDA
N/C
N/C
N/C
N/C
121 868 €
199 771 €
Net margin
N/C
N/C
N/C
N/C
22.4%
24.3%
Revenue and income statement
In 2024, FORMULA KART generates positive net income of 113 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 143 k€ -> 113 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
113 289 €
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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 23%. 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 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
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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
23.396%
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
42.523%
Asset age ratio (2024)
?
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
2017
2018
2020
2021
2022
2024
Debt ratio
1.243
4.022
22.312
13.272
6.141
23.396
Financial autonomy
67.646
61.715
44.35
66.645
61.178
42.523
Repayment capacity
0.039
0.199
None
None
None
None
Cash flow / Revenue
26.091%
23.575%
None%
None%
None%
None%
Sector positioning
Debt ratio
23.42024
2021
2022
2024
Q1: -17.27
Med: 5.13
Q3: 92.8
Average+14 pts over 3 years
In 2024, the debt ratio of FORMULA KART (23.40) 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
42.52%2024
2021
2022
2024
Q1: -6.71%
Med: 15.59%
Q3: 43.78%
Good
In 2024, the financial autonomy of FORMULA KART (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 188.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
188.058
Liquidity indicators evolution FORMULA KART
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2020
2021
2022
2024
Liquidity ratio
305.973
271.508
195.656
337.592
226.391
188.058
Interest coverage
0.494
0.004
None
None
None
None
Sector positioning
Liquidity ratio
188.062024
2021
2022
2024
Q1: 63.6
Med: 125.65
Q3: 265.45
Good-14 pts over 3 years
In 2024, the liquidity ratio of FORMULA KART (188.06) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
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)
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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 (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 FORMULA KART
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2020
2021
2022
2024
Operating WCR
562 370 €
700 683 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
1
1
0
0
0
0
Customer payment term (days)
147
255
0
0
0
0
Supplier payment term (days)
130
211
0
0
0
0
Positioning of FORMULA KART in its sector
Comparison with sector Gestion d'installations sportives
Valuation estimate
Based on 73 transactions of similar company sales
(all years),
the value of FORMULA KART is estimated at
601 743 €
(range 226 732€ - 1 039 979€).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
73 tx
226k€601k€1039k€
601 743 €Range: 226 732€ - 1 039 979€
NAF 5 all-time
Valuation method used
Net Income Multiple
113 289 €
×
5.3x
=601 744 €
Range: 226 733€ - 1 039 979€
Only this financial indicator is available for this company.
How is this estimate calculated?
This estimate is based on the analysis of 73 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Gestion d'installations sportives)
Compare FORMULA KART with other companies in the same sector:
Yes, FORMULA KART generated a net profit of 113 k€ in 2024.
Where is the headquarters of FORMULA KART ?
The headquarters of FORMULA KART is located in POINCY (77470), in the department Seine-et-Marne.
Where to find the tax return of FORMULA KART ?
The tax return of FORMULA KART 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 FORMULA KART operate?
FORMULA KART operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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