LOCELEC : revenue, balance sheet and financial ratios

LOCELEC is a French company founded 15 years ago, specialized in the sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a. . Based in CESTAS (33610), this company of category PME shows in 2019 a revenue of 99 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - LOCELEC (SIREN 530021088)
Indicator 2021 2020 2019 2017
Revenue N/C N/C 99 470 € 171 193 €
Net income -11 492 € -15 804 € -4 963 € 32 228 €
EBITDA N/C N/C 13 302 € 47 722 €
Net margin N/C N/C -5.0% 18.8%

Revenue and income statement

In 2021, LOCELEC records a net loss of 11 k€. This deficit will reduce equity on the balance sheet.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-11 492 €

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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 47%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

47.073%

Financial autonomy (2021) ?
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

53.172%

Asset age ratio (2021) ?
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

35.7%

Solvency indicators evolution
LOCELEC

Sector positioning

Debt ratio
47.07 2021
2019
2020
2021
Q1: -125.4
Med: -0.0
Q3: 19.37
Average

In 2021, the debt ratio of LOCELEC (47.07) 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
53.17% 2021
2019
2020
2021
Q1: -38.77%
Med: 19.25%
Q3: 71.46%
Good

In 2021, the financial autonomy of LOCELEC (53.2%) 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.

Repayment capacity
6.43 years 2019
2019
Q1: 0.0 years
Med: 0.98 years
Q3: 2.58 years
Watch

In 2019, the repayment capacity of LOCELEC (6.43) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 316.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

316.055

Liquidity indicators evolution
LOCELEC

Sector positioning

Liquidity ratio
316.06 2021
2019
2020
2021
Q1: 2.33
Med: 36.65
Q3: 196.52
Excellent

In 2021, the liquidity ratio of LOCELEC (316.06) 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
3.04x 2019
2019
Q1: 0.0x
Med: 1.07x
Q3: 5.49x
Good

In 2019, the interest coverage of LOCELEC (3.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 696 days. Excellent situation: suppliers finance 651 days of the operating cycle (retail model).

Operating WCR (2021) ?
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 (2021) ?
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

45 j

Supplier credit (2021) ?
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

696 j

Inventory turnover (2021) ?
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
LOCELEC

Positioning of LOCELEC in its sector

Comparison with sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a.

Similar companies (Location et location-bail d'autres machines, équipements et biens matériels n.c.a. )

Compare LOCELEC with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'autres machines, équipements et biens matériels n.c.a.

Frequently asked questions about LOCELEC

What is the revenue of LOCELEC ?

The revenue of LOCELEC in 2019 is 99 k€.

Is LOCELEC profitable?

LOCELEC recorded a net loss in 2021.

Where is the headquarters of LOCELEC ?

The headquarters of LOCELEC is located in CESTAS (33610), in the department Gironde.

Where to find the tax return of LOCELEC ?

The tax return of LOCELEC 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 LOCELEC operate?

LOCELEC operates in the sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a. (NAF code 77.39Z). See the 'Sector positioning' section above to compare the company with its competitors.