Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2019-02-27 (7 years)Status: ActiveBusiness sector: Entretien et réparation de véhicules automobiles légersLocation: WANGEN (67520), Bas-Rhin
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.
In 2024, MAX CARS records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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 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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2024
Debt ratio
-609.085
3080.863
3144.921
-1417.111
84.148
Financial autonomy
98.867
85.843
82.02
61.975
29.437
Repayment capacity
0.0
4.449
50.805
None
None
Cash flow / Revenue
-12.201%
4.34%
0.659%
None%
None%
Sector positioning
Debt ratio
84.152024
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 years2021
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
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2022
2024
Liquidity ratio
84.003
217.236
204.161
135.365
164.174
Interest coverage
0.0
1.85
-520.968
None
None
Sector positioning
Liquidity ratio
164.172024
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
-520.97x2021
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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2024
Operating WCR
-5 602 €
21 140 €
9 978 €
0 €
0 €
Inventory turnover (days)
224
109
92
0
0
Customer payment term (days)
0
0
0
0
83
Supplier payment term (days)
17
5
6
518
581
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:
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.
Item evolution
Rotate your phone to landscape mode to view the chart