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JOY HOUSING : revenue, balance sheet and financial ratios

JOY HOUSING is a French company founded 4 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in MARSEILLE (13007), this company of category PME shows in 2022 a revenue of 20 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 - JOY HOUSING (SIREN 901713701)
Indicator 2023 2022
Revenue N/C 20 448 €
Net income -63 974 € -173 734 €
EBITDA N/C -8 582 €
Net margin N/C -849.6%

Revenue and income statement

In 2023, JOY HOUSING records a net loss of 64 k€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-63 974 €

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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 19881%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

19880.889%

Financial autonomy (2023) ?
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

0.421%

Solvency indicators evolution
JOY HOUSING

Sector positioning

Debt ratio
19880.89 2023
2022
2023
Q1: 0.0
Med: 11.85
Q3: 222.35
Watch +50 pts over 2 years

In 2023, the debt ratio of JOY HOUSING (19880.89) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
0.42% 2023
2022
2023
Q1: 0.0%
Med: 17.0%
Q3: 60.15%
Average

In 2023, the financial autonomy of JOY HOUSING (0.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-31.63 years 2022
2022
Q1: -5.45 years
Med: 0.0 years
Q3: 2.98 years
Excellent

In 2022, the repayment capacity of JOY HOUSING (-31.63) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 7.38. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

7.385

Liquidity indicators evolution
JOY HOUSING

Sector positioning

Liquidity ratio
7.38 2023
2022
2023
Q1: 160.06
Med: 580.5
Q3: 3257.22
Watch -18 pts over 2 years

In 2023, the liquidity ratio of JOY HOUSING (7.38) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-574.37x 2022
2022
Q1: -2.12x
Med: 0.0x
Q3: 4.45x
Average

In 2022, the interest coverage of JOY HOUSING (-574.4x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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.

Operating WCR (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
JOY HOUSING

Positioning of JOY HOUSING in its sector

Comparison with sector Activités des marchands de biens immobiliers

Similar companies (Activités des marchands de biens immobiliers)

Compare JOY HOUSING with other companies in the same sector:

Frequently asked questions about JOY HOUSING

What is the revenue of JOY HOUSING ?

The revenue of JOY HOUSING in 2022 is 20 k€.

Is JOY HOUSING profitable?

JOY HOUSING recorded a net loss in 2023.

Where is the headquarters of JOY HOUSING ?

The headquarters of JOY HOUSING is located in MARSEILLE (13007), in the department Bouches-du-Rhone.

Where to find the tax return of JOY HOUSING ?

The tax return of JOY HOUSING 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 JOY HOUSING operate?

JOY HOUSING operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.