MORNING CROISSANT : revenue, balance sheet and financial ratios

MORNING CROISSANT is a French company founded 15 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in PARIS (75002), this company of category PME shows in 2021 a revenue of 964 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 - MORNING CROISSANT (SIREN 531382430)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 963 898 € 892 870 € 1 086 863 € 1 043 244 € 861 322 € 1 029 305 €
Net income -28 976 € -12 559 € -133 956 € 111 519 € 138 612 € -215 276 € -54 509 €
EBITDA N/C 22 335 € -104 972 € 151 612 € 149 955 € -168 267 € -74 763 €
Net margin N/C -1.3% -15.0% 10.3% 13.3% -25.0% -5.3%

Revenue and income statement

In 2022, MORNING CROISSANT records a net loss of 29 k€. This deficit will reduce equity on the balance sheet.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-28 976 €

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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 144%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

144.277%

Financial autonomy (2022) ?
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

14.515%

Asset age ratio (2022) ?
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

19.7%

Solvency indicators evolution
MORNING CROISSANT

Sector positioning

Debt ratio
144.28 2022
2020
2021
2022
Q1: 0.0
Med: 5.45
Q3: 55.91
Average

In 2022, the debt ratio of MORNING CROISSANT (144.28) 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
14.52% 2022
2020
2021
2022
Q1: 6.66%
Med: 40.67%
Q3: 75.55%
Average

In 2022, the financial autonomy of MORNING CROISSANT (14.5%) 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
18.12 years 2021
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.06 years
Average +50 pts over 2 years

In 2021, the repayment capacity of MORNING CROISSANT (18.12) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 149.37. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

149.369

Liquidity indicators evolution
MORNING CROISSANT

Sector positioning

Liquidity ratio
149.37 2022
2020
2021
2022
Q1: 135.76
Med: 283.99
Q3: 749.97
Average

In 2022, the liquidity ratio of MORNING CROISSANT (149.37) 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
12.09x 2021
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.2x
Excellent +50 pts over 2 years

In 2021, the interest coverage of MORNING CROISSANT (12.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 256 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 239 days. The company must finance 17 days of gap between collections and payments.

Operating WCR (2022) ?
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 (2022) ?
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

256 j

Supplier credit (2022) ?
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

239 j

Inventory turnover (2022) ?
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
MORNING CROISSANT

Positioning of MORNING CROISSANT in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Similar companies (Conseil pour les affaires et autres conseils de gestion)

Compare MORNING CROISSANT with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about MORNING CROISSANT

What is the revenue of MORNING CROISSANT ?

The revenue of MORNING CROISSANT in 2021 is 964 k€.

Is MORNING CROISSANT profitable?

MORNING CROISSANT recorded a net loss in 2022.

Where is the headquarters of MORNING CROISSANT ?

The headquarters of MORNING CROISSANT is located in PARIS (75002), in the department Paris.

Where to find the tax return of MORNING CROISSANT ?

The tax return of MORNING CROISSANT 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 MORNING CROISSANT operate?

MORNING CROISSANT operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.