Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2020-09-22 (5 years)Status: ActiveBusiness sector: Travaux de maçonnerie générale et gros œuvre de bâtimentLocation: LA MADELEINE (59110), Nord
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
MIT CONSTRUCTION : revenue, balance sheet and financial ratios
MIT CONSTRUCTION is a French company
founded 5 years ago,
specialized in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment.
Based in LA MADELEINE (59110),
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 - MIT CONSTRUCTION (SIREN 889706982)
Indicator
2023
Revenue
N/C
Net income
0 €
EBITDA
N/C
Net margin
N/C
Revenue and income statement
In 2023, MIT CONSTRUCTION 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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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 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
61.363%
Financial autonomy (2023)
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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
21.874%
Asset age ratio (2023)
?
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
2023
Debt ratio
61.363
Financial autonomy
21.874
Repayment capacity
None
Cash flow / Revenue
None%
Sector positioning
Debt ratio
61.362023
2023
Q1: 0.97
Med: 19.39
Q3: 59.23
Average
In 2023, the debt ratio of MIT CONSTRUCTION (61.36) 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
21.87%2023
2023
Q1: 9.04%
Med: 30.13%
Q3: 51.01%
Average
In 2023, the financial autonomy of MIT CONSTRUCTION (21.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 231.61. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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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
231.611
Liquidity indicators evolution MIT CONSTRUCTION
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2023
Liquidity ratio
231.611
Interest coverage
None
Sector positioning
Liquidity ratio
231.612023
2023
Q1: 135.55
Med: 191.22
Q3: 292.99
Good
In 2023, the liquidity ratio of MIT CONSTRUCTION (231.61) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Positioning of MIT CONSTRUCTION in its sector
Comparison with sector Travaux de maçonnerie générale et gros œuvre de bâtiment
Similar companies (Travaux de maçonnerie générale et gros œuvre de bâtiment)
Compare MIT CONSTRUCTION with other companies in the same sector:
The revenue of MIT CONSTRUCTION is not publicly disclosed (confidential accounts filed with INPI).
Is MIT CONSTRUCTION profitable?
Profitability information is not publicly available.
Where is the headquarters of MIT CONSTRUCTION ?
The headquarters of MIT CONSTRUCTION is located in LA MADELEINE (59110), in the department Nord.
Where to find the tax return of MIT CONSTRUCTION ?
The tax return of MIT CONSTRUCTION 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 MIT CONSTRUCTION operate?
MIT CONSTRUCTION operates in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment (NAF code 43.99C). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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