Employees: 01 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2016-07-04 (9 years)Status: ActiveBusiness sector: Commerce de détail de viandes et de produits à base de viande en magasin spécialiséLocation: BREST (29200), Finistere
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
MEAT & FRIENDS : revenue, balance sheet and financial ratios
MEAT & FRIENDS is a French company
founded 9 years ago,
specialized in the sector Commerce de détail de viandes et de produits à base de viande en magasin spécialisé.
Based in BREST (29200),
this company of category PME
has financial data available below.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MEAT & FRIENDS (SIREN 820713741)
Indicator
2021
2020
Revenue
N/C
N/C
Net income
0 €
0 €
EBITDA
N/C
N/C
Net margin
N/C
N/C
Revenue and income statement
In 2021, MEAT & FRIENDS 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 122%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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
122.299%
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
43.401%
Asset age ratio (2021)
?
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
2020
2021
Debt ratio
227.522
122.299
Financial autonomy
57.192
43.401
Repayment capacity
None
None
Cash flow / Revenue
None%
None%
Sector positioning
Debt ratio
122.32021
2020
2021
Q1: 2.23
Med: 28.98
Q3: 109.03
Average
In 2021, the debt ratio of MEAT & FRIENDS (122.30) 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
43.4%2021
2020
2021
Q1: 13.19%
Med: 36.6%
Q3: 57.61%
Good-16 pts over 2 years
In 2021, the financial autonomy of MEAT & FRIENDS (43.4%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 111.47. 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
111.472
Liquidity indicators evolution MEAT & FRIENDS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2021
Liquidity ratio
43.214
111.472
Interest coverage
None
None
Sector positioning
Liquidity ratio
111.472021
2020
2021
Q1: 89.79
Med: 145.91
Q3: 235.93
Average+22 pts over 2 years
In 2021, the liquidity ratio of MEAT & FRIENDS (111.47) 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.
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: 5805 days. Excellent situation: suppliers finance 5805 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
5805 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 MEAT & FRIENDS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2021
Operating WCR
0 €
0 €
Inventory turnover (days)
0
0
Customer payment term (days)
0
0
Supplier payment term (days)
442
5805
Positioning of MEAT & FRIENDS in its sector
Comparison with sector Commerce de détail de viandes et de produits à base de viande en magasin spécialisé
Similar companies (Commerce de détail de viandes et de produits à base de viande en magasin spécialisé)
Compare MEAT & FRIENDS with other companies in the same sector:
The revenue of MEAT & FRIENDS is not publicly disclosed (confidential accounts filed with INPI).
Is MEAT & FRIENDS profitable?
Profitability information is not publicly available.
Where is the headquarters of MEAT & FRIENDS ?
The headquarters of MEAT & FRIENDS is located in BREST (29200), in the department Finistere.
Where to find the tax return of MEAT & FRIENDS ?
The tax return of MEAT & FRIENDS 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 MEAT & FRIENDS operate?
MEAT & FRIENDS operates in the sector Commerce de détail de viandes et de produits à base de viande en magasin spécialisé (NAF code 47.22Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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