Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2015-01-15 (11 years)Status: ActiveBusiness sector: Restauration de type rapideLocation: LE BEAUSSET (83330), Var
IL ETAIT UNE FAIM : revenue, balance sheet and financial ratios
IL ETAIT UNE FAIM is a French company
founded 11 years ago,
specialized in the sector Restauration de type rapide.
Based in LE BEAUSSET (83330),
this company of category PME
shows in 2018 a revenue of 126 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - IL ETAIT UNE FAIM (SIREN 808834444)
Indicator
2021
2018
2017
2016
Revenue
N/C
126 417 €
90 919 €
62 212 €
Net income
0 €
17 581 €
6 457 €
6 533 €
EBITDA
N/C
17 894 €
-6 960 €
7 195 €
Net margin
N/C
13.9%
7.1%
10.5%
Revenue and income statement
In 2021, IL ETAIT UNE FAIM records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2018: 7 k€ -> 0 €.
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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 283%. 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 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2021)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
283.084%
Financial autonomy (2021)
?
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
58.414%
Asset age ratio (2021)
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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
2018
2021
Debt ratio
-16.427
0.281
41.928
283.084
Financial autonomy
6.863
0.048
22.854
58.414
Repayment capacity
0.0
0.0
0.346
None
Cash flow / Revenue
12.11%
10.454%
17.145%
None%
Sector positioning
Debt ratio
283.082021
2017
2018
2021
Q1: 0.0
Med: 36.58
Q3: 152.33
Average+50 pts over 3 years
In 2021, the debt ratio of IL ETAIT UNE FAIM (283.08) 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
58.41%2021
2017
2018
2021
Q1: 4.53%
Med: 28.76%
Q3: 52.93%
Excellent+50 pts over 3 years
In 2021, the financial autonomy of IL ETAIT UNE FAIM (58.4%) 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.
Repayment capacity
0.35 years2018
2017
2018
Q1: 0.0 years
Med: 0.04 years
Q3: 2.01 years
Average+29 pts over 2 years
In 2018, the repayment capacity of IL ETAIT UNE FAIM (0.35) 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 164.98. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2021)
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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
164.98
Liquidity indicators evolution IL ETAIT UNE FAIM
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2021
Liquidity ratio
23.669
40.146
286.191
164.98
Interest coverage
0.0
-0.287
0.207
None
Sector positioning
Liquidity ratio
164.982021
2017
2018
2021
Q1: 68.14
Med: 147.4
Q3: 260.95
Good+28 pts over 3 years
In 2021, the liquidity ratio of IL ETAIT UNE FAIM (164.98) 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.
Interest coverage
0.21x2018
2017
2018
Q1: 0.0x
Med: 0.13x
Q3: 3.79x
Good+26 pts over 2 years
In 2018, the interest coverage of IL ETAIT UNE FAIM (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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 (2021)
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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 (2021)
?
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 (2021)
?
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 (2021)
?
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 IL ETAIT UNE FAIM
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2021
Operating WCR
-11 788 €
-8 046 €
-6 521 €
0 €
Inventory turnover (days)
1
3
3
0
Customer payment term (days)
1
0
0
0
Supplier payment term (days)
22
9
0
0
Positioning of IL ETAIT UNE FAIM in its sector
Comparison with sector Restauration de type rapide
Similar companies (Restauration de type rapide)
Compare IL ETAIT UNE FAIM with other companies in the same sector:
Frequently asked questions about IL ETAIT UNE FAIM
What is the revenue of IL ETAIT UNE FAIM ?
The revenue of IL ETAIT UNE FAIM in 2018 is 126 k€.
Is IL ETAIT UNE FAIM profitable?
Yes, IL ETAIT UNE FAIM generated a net profit of 18 k€ in 2018.
Where is the headquarters of IL ETAIT UNE FAIM ?
The headquarters of IL ETAIT UNE FAIM is located in LE BEAUSSET (83330), in the department Var.
Where to find the tax return of IL ETAIT UNE FAIM ?
The tax return of IL ETAIT UNE FAIM 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 IL ETAIT UNE FAIM operate?
IL ETAIT UNE FAIM operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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