KART SYSTEM : revenue, balance sheet and financial ratios

KART SYSTEM is a French company founded 37 years ago, specialized in the sector Location et location-bail d'articles de loisirs et de sport . Based in MERIGNAC (33700), this company of category PME shows in 2020 a revenue of 2.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - KART SYSTEM (SIREN 350879532)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 2 618 662 € 3 793 798 € 3 597 174 € 3 604 694 € 3 126 264 €
Net income 2 007 786 € 2 319 769 € 2 386 116 € 1 766 422 € 962 160 € 1 441 925 € 1 034 173 € 970 529 € 950 239 €
EBITDA N/C N/C N/C N/C 1 248 351 € 1 842 793 € 1 753 512 € 1 690 589 € 1 275 745 €
Net margin N/C N/C N/C N/C 36.7% 38.0% 28.7% 26.9% 30.4%

Revenue and income statement

In 2024, KART SYSTEM generates positive net income of 2.0 M€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 950 k€ -> 2.0 M€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 007 786 €

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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 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

23.193%

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

76.234%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

15.5%

Solvency indicators evolution
KART SYSTEM

Sector positioning

Debt ratio
23.19 2024
2022
2023
2024
Q1: 0.0
Med: 14.41
Q3: 91.18
Average +13 pts over 3 years

In 2024, the debt ratio of KART SYSTEM (23.19) 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
76.23% 2024
2022
2023
2024
Q1: 0.19%
Med: 23.0%
Q3: 57.23%
Excellent

In 2024, the financial autonomy of KART SYSTEM (76.2%) 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 1517.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

1517.644

Liquidity indicators evolution
KART SYSTEM

Sector positioning

Liquidity ratio
1517.64 2024
2022
2023
2024
Q1: 83.34
Med: 198.01
Q3: 537.14
Excellent

In 2024, the liquidity ratio of KART SYSTEM (1517.64) 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.

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) ?
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
KART SYSTEM

Positioning of KART SYSTEM in its sector

Comparison with sector Location et location-bail d'articles de loisirs et de sport

Valuation estimate

Based on 87 transactions of similar company sales (all years), the value of KART SYSTEM is estimated at 4 920 742 € (range 2 681 171€ - 13 912 008€). 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 value 2024
87 tx
2681k€ 4920k€ 13912k€
4 920 742 € Range: 2 681 171€ - 13 912 008€
NAF 5 all-time

Valuation method used

Net Income Multiple
2 007 786 € × 2.5x = 4 920 743 €
Range: 2 681 172€ - 13 912 008€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 87 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 (Location et location-bail d'articles de loisirs et de sport )

Compare KART SYSTEM with other companies in the same sector:

Frequently asked questions about KART SYSTEM

What is the revenue of KART SYSTEM ?

The revenue of KART SYSTEM in 2020 is 2.6 M€.

Is KART SYSTEM profitable?

Yes, KART SYSTEM generated a net profit of 2.0 M€ in 2024.

Where is the headquarters of KART SYSTEM ?

The headquarters of KART SYSTEM is located in MERIGNAC (33700), in the department Gironde.

Where to find the tax return of KART SYSTEM ?

The tax return of KART SYSTEM 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 KART SYSTEM operate?

KART SYSTEM operates in the sector Location et location-bail d'articles de loisirs et de sport (NAF code 77.21Z). See the 'Sector positioning' section above to compare the company with its competitors.