MAX CARS : revenue, balance sheet and financial ratios

MAX CARS is a French company founded 7 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in WANGEN (67520), this company of category PME shows in 2021 a revenue of 160 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 - MAX CARS (SIREN 849491360)
Indicator 2024 2022 2021 2020 2019
Revenue N/C N/C 159 831 € 157 540 € 46 570 €
Net income 0 € 0 € 686 € 6 533 € -5 887 €
EBITDA N/C N/C -62 € 4 540 € -7 114 €
Net margin N/C N/C 0.4% 4.1% -12.6%

Revenue and income statement

In 2024, MAX CARS records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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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 84%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory.

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

84.148%

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

29.437%

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

83.9%

Solvency indicators evolution
MAX CARS

Sector positioning

Debt ratio
84.15 2024
2021
2022
2024
Q1: 5.46
Med: 23.99
Q3: 69.38
Average

In 2024, the debt ratio of MAX CARS (84.15) 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
29.44% 2024
2021
2022
2024
Q1: 21.37%
Med: 45.55%
Q3: 63.3%
Average -42 pts over 3 years

In 2024, the financial autonomy of MAX CARS (29.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
50.8 years 2021
2021
Q1: 0.0 years
Med: 0.65 years
Q3: 3.28 years
Watch

In 2021, the repayment capacity of MAX CARS (50.80) 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 164.17. 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

164.174

Liquidity indicators evolution
MAX CARS

Sector positioning

Liquidity ratio
164.17 2024
2021
2022
2024
Q1: 142.57
Med: 216.95
Q3: 327.2
Average -15 pts over 3 years

In 2024, the liquidity ratio of MAX CARS (164.17) 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.

Interest coverage
-520.97x 2021
2021
Q1: 0.0x
Med: 0.37x
Q3: 3.12x
Watch

In 2021, the interest coverage of MAX CARS (-521.0x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 83 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 581 days. Excellent situation: suppliers finance 498 days of the operating cycle (retail model).

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

83 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

581 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
MAX CARS

Positioning of MAX CARS in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Similar companies (Entretien et réparation de véhicules automobiles légers)

Compare MAX CARS with other companies in the same sector:

Frequently asked questions about MAX CARS

What is the revenue of MAX CARS ?

The revenue of MAX CARS in 2021 is 160 k€.

Is MAX CARS profitable?

Yes, MAX CARS generated a net profit of 686€ in 2021.

Where is the headquarters of MAX CARS ?

The headquarters of MAX CARS is located in WANGEN (67520), in the department Bas-Rhin.

Where to find the tax return of MAX CARS ?

The tax return of MAX CARS 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 MAX CARS operate?

MAX CARS operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.