Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2019-12-15 (6 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: GRENOBLE (38000), Isere
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
JUST KARS : revenue, balance sheet and financial ratios
JUST KARS is a French company
founded 6 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in GRENOBLE (38000),
this company of category PME
shows in 2022 a revenue of 193 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2023, JUST KARS records a net loss of 13 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
-13 317 €
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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 458%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2023)
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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
458.327%
Financial autonomy (2023)
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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
17.0%
Solvency indicators evolution JUST KARS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
Debt ratio
295.101
474.272
359.536
458.327
Financial autonomy
25.021
17.298
21.585
17.0
Repayment capacity
None
None
13.939
None
Cash flow / Revenue
None%
None%
7.036%
None%
Sector positioning
Debt ratio
458.332023
2021
2022
2023
Q1: 5.33
Med: 46.56
Q3: 142.38
Average
In 2023, the debt ratio of JUST KARS (458.33) 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
17.0%2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Average+5 pts over 3 years
In 2023, the financial autonomy of JUST KARS (17.0%) 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
13.94 years2022
2022
Q1: 0.0 years
Med: 0.78 years
Q3: 4.48 years
Average
In 2022, the repayment capacity of JUST KARS (13.94) 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 1964.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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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
1964.569
Liquidity indicators evolution JUST KARS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2021
2022
2023
Liquidity ratio
8748.739
15022.289
12321.779
1964.569
Interest coverage
None
None
0.0
None
Sector positioning
Liquidity ratio
1964.572023
2021
2022
2023
Q1: 135.08
Med: 203.8
Q3: 381.44
Excellent
In 2023, the liquidity ratio of JUST KARS (1964.57) 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.
Interest coverage
0.0x2022
2022
Q1: 0.0x
Med: 1.22x
Q3: 7.72x
Average
In 2022, the interest coverage of JUST KARS (0.0x) 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)
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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 (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 JUST KARS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
2022
2023
Operating WCR
0 €
0 €
164 210 €
0 €
Inventory turnover (days)
0
0
289
0
Customer payment term (days)
0
0
0
0
Supplier payment term (days)
0
0
4
0
Positioning of JUST KARS in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Similar companies (Commerce de voitures et de véhicules automobiles légers)
Compare JUST KARS with other companies in the same sector:
The headquarters of JUST KARS is located in GRENOBLE (38000), in the department Isere.
Where to find the tax return of JUST KARS ?
The tax return of JUST KARS 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 JUST KARS operate?
JUST KARS operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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