Employees: 01 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2010-07-30 (15 years)Status: ActiveBusiness sector: Activités des sociétés holdingLocation: NANCY (54000), Meurthe-et-Moselle
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
MUSIC CHALLENGE : revenue, balance sheet and financial ratios
MUSIC CHALLENGE is a French company
founded 15 years ago,
specialized in the sector Activités des sociétés holding.
Based in NANCY (54000),
this company of category PME
shows in 2021 a net income negative of -8 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MUSIC CHALLENGE (SIREN 524278876)
Indicator
2024
2023
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
N/C
N/C
N/C
N/C
N/C
N/C
Net income
0 €
0 €
-7 575 €
-7 355 €
-6 547 €
-8 836 €
-11 293 €
-14 079 €
EBITDA
N/C
N/C
-1 241 €
-1 448 €
-1 605 €
-1 748 €
-2 417 €
-2 376 €
Net margin
N/C
N/C
N/C
N/C
N/C
N/C
N/C
N/C
Revenue and income statement
In 2024, MUSIC CHALLENGE 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 21%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
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
21.101%
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
10.623%
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
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
441.185
518.766
593.811
660.613
800.805
2127.611
43.365
21.101
Financial autonomy
80.409
83.252
85.063
86.413
88.406
94.77
21.192
10.623
Repayment capacity
-11.792
-10.727
-10.311
-9.258
-4.031
-2.92
None
None
Cash flow / Revenue
None%
None%
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
21.12024
2021
2023
2024
Q1: 0.01
Med: 8.77
Q3: 62.6
Average-19 pts over 3 years
In 2024, the debt ratio of MUSIC CHALLENGE (21.10) 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
10.62%2024
2021
2023
2024
Q1: 15.71%
Med: 62.26%
Q3: 91.3%
Average-50 pts over 3 years
In 2024, the financial autonomy of MUSIC CHALLENGE (10.6%) 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
-2.92 years2021
2021
Q1: -0.0 years
Med: 0.11 years
Q3: 3.68 years
Excellent
In 2021, the repayment capacity of MUSIC CHALLENGE (-2.92) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 223.44. 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
223.435
Liquidity indicators evolution MUSIC CHALLENGE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Liquidity ratio
0.028
0.089
0.333
0.18
6.6
0.095
245.012
223.435
Interest coverage
-446.928
-367.232
-404.977
-403.115
-410.981
-463.094
None
None
Sector positioning
Liquidity ratio
223.442024
2021
2023
2024
Q1: 138.65
Med: 681.09
Q3: 3914.52
Average
In 2024, the liquidity ratio of MUSIC CHALLENGE (223.44) 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
-463.09x2021
2021
Q1: -44.79x
Med: 0.0x
Q3: 0.0x
Average
In 2021, the interest coverage of MUSIC CHALLENGE (-463.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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.
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
0 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
0 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 MUSIC CHALLENGE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
0 €
0 €
0 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
Customer payment term (days)
0
0
0
0
0
0
4
0
Supplier payment term (days)
415
481
599
543
633
1140
225
0
Positioning of MUSIC CHALLENGE in its sector
Comparison with sector Activités des sociétés holding
Similar companies (Activités des sociétés holding)
Compare MUSIC CHALLENGE with other companies in the same sector:
The revenue of MUSIC CHALLENGE is not publicly disclosed (confidential accounts filed with INPI).
Is MUSIC CHALLENGE profitable?
MUSIC CHALLENGE recorded a net loss in 2021.
Where is the headquarters of MUSIC CHALLENGE ?
The headquarters of MUSIC CHALLENGE is located in NANCY (54000), in the department Meurthe-et-Moselle.
Where to find the tax return of MUSIC CHALLENGE ?
The tax return of MUSIC CHALLENGE 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 MUSIC CHALLENGE operate?
MUSIC CHALLENGE operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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