SIREN : 447493867
KRONOS NEW TIME is a French company founded 23 years ago, specialized in the sector Formation continue d'adultes. Based in LEZENNES (59260), this company of category ETI shows in 2022 a revenue of 2.5 M€. 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
| Indicator | 2023 | 2022 | 2019 |
|---|---|---|---|
| Revenue | N/C | 2 490 564 € | 2 202 385 € |
| Net income | 40 573 € | 32 580 € | 105 178 € |
| EBITDA | N/C | 30 995 € | 101 907 € |
| Net margin | N/C | 1.3% | 4.8% |
In 2023, KRONOS NEW TIME generates positive net income of 41 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2019-2023: 105 k€ -> 41 k€.
40 573 €
The debt ratio (= Financial debt / Equity x 100) stands at 25%. 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 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
24.535%
45.403%
20.6%
In 2023, the debt ratio of KRONOS NEW TIME (24.54) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of KRONOS NEW TIME (45.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2022, the repayment capacity of KRONOS NEW TIME (18.09) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 220.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
220.49
In 2023, the liquidity ratio of KRONOS NEW TIME (220.49) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2022, the interest coverage of KRONOS NEW TIME (11.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 529 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 573 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model).
0 €
529 j
573 j
0 j
Based on 134 transactions of similar company sales (all years), the value of KRONOS NEW TIME is estimated at 119 161 € (range 44 456€ - 644 425€). 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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 134 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare KRONOS NEW TIME with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of KRONOS NEW TIME in 2022 is 2.5 M€.
Yes, KRONOS NEW TIME generated a net profit of 41 k€ in 2023.
The headquarters of KRONOS NEW TIME is located in LEZENNES (59260), in the department Nord.
The tax return of KRONOS NEW TIME 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).
KRONOS NEW TIME operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.