Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1989-05-16 (37 years)Status: ActiveBusiness sector: Location et location-bail d'articles de loisirs et de sport Location: MERIGNAC (33700), Gironde
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.
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 €
Loading income statement...
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
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
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 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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
23.19
4.52
0.038
12.17
0.029
11.854
16.342
23.271
23.193
Financial autonomy
68.353
80.968
84.497
74.625
87.108
71.77
74.369
75.605
76.234
Repayment capacity
0.48
0.062
0.001
0.163
0.0
None
None
None
None
Cash flow / Revenue
25.673%
33.783%
35.865%
42.54%
43.855%
None%
None%
None%
None%
Sector positioning
Debt ratio
23.192024
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
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
480.788
459.948
502.44
519.485
653.392
460.229
696.505
1374.555
1517.644
Interest coverage
0.596
0.252
0.211
0.0
0.226
None
None
None
None
Sector positioning
Liquidity ratio
1517.642024
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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
-269 078 €
-155 182 €
-166 297 €
-191 587 €
300 675 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
11
9
10
9
12
0
0
0
0
Customer payment term (days)
2
4
4
5
0
0
0
0
0
Supplier payment term (days)
19
16
20
48
82
0
0
0
0
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 value2024
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
Visualisation creee via abddaf.fr Sources : BODACC & INPI
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:
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.
Item evolution
Rotate your phone to landscape mode to view the chart