Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2013-06-21 (12 years)Status: ActiveBusiness sector: Hôtels et hébergement similaire Location: HAGONDANGE (57300), Moselle
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
MAJORINE : revenue, balance sheet and financial ratios
MAJORINE is a French company
founded 12 years ago,
specialized in the sector Hôtels et hébergement similaire .
Based in HAGONDANGE (57300),
this company of category PME
has financial data available below.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, MAJORINE records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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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 136%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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
135.577%
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
55.278%
Asset age ratio (2021)
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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
2018
2019
2020
2021
Debt ratio
481.207
384.651
367.076
135.577
Financial autonomy
79.046
76.447
75.491
55.278
Repayment capacity
None
None
None
None
Cash flow / Revenue
None%
None%
None%
None%
Sector positioning
Debt ratio
135.582021
2019
2020
2021
Q1: 0.0
Med: 41.15
Q3: 182.48
Average-8 pts over 3 years
In 2021, the debt ratio of MAJORINE (135.58) 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
55.28%2021
2019
2020
2021
Q1: 0.08%
Med: 25.93%
Q3: 55.61%
Good
In 2021, the financial autonomy of MAJORINE (55.3%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 860.34. 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
860.34
Liquidity indicators evolution MAJORINE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2018
2019
2020
2021
Liquidity ratio
60.696
32.726
224.63
860.34
Interest coverage
None
None
None
None
Sector positioning
Liquidity ratio
860.342021
2019
2020
2021
Q1: 80.04
Med: 181.6
Q3: 371.28
Excellent+54 pts over 3 years
In 2021, the liquidity ratio of MAJORINE (860.34) 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. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1434 days. Excellent situation: suppliers finance 1434 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
0 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
1434 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 MAJORINE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
Operating WCR
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
Customer payment term (days)
83
25
247
0
Supplier payment term (days)
417
663
1226
1434
Positioning of MAJORINE in its sector
Comparison with sector Hôtels et hébergement similaire
Similar companies (Hôtels et hébergement similaire )
Compare MAJORINE with other companies in the same sector:
The revenue of MAJORINE is not publicly disclosed (confidential accounts filed with INPI).
Is MAJORINE profitable?
Profitability information is not publicly available.
Where is the headquarters of MAJORINE ?
The headquarters of MAJORINE is located in HAGONDANGE (57300), in the department Moselle.
Where to find the tax return of MAJORINE ?
The tax return of MAJORINE 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 MAJORINE operate?
MAJORINE operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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