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NC38 : revenue, balance sheet and financial ratios

NC38 is a French company founded 6 years ago, specialized in the sector Contrôle technique automobile. Based in GRENOBLE (38000), this company of category PME shows in 2022 a revenue of 195 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - NC38 (SIREN 879564292)
Indicator 2023 2022
Revenue N/C 194 581 €
Net income 0 € -13 717 €
EBITDA N/C -8 328 €
Net margin N/C -7.0%

Revenue and income statement

In 2023, NC38 records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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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 179%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

178.763%

Financial autonomy (2023) ?
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

32.811%

Asset age ratio (2023) ?
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

51.5%

Solvency indicators evolution
NC38

Sector positioning

Debt ratio
178.76 2023
2022
2023
Q1: 0.42
Med: 12.16
Q3: 59.04
Watch

In 2023, the debt ratio of NC38 (178.76) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
32.81% 2023
2022
2023
Q1: 19.91%
Med: 52.17%
Q3: 74.03%
Average

In 2023, the financial autonomy of NC38 (32.8%) 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
-2.11 years 2022
2022
Q1: 0.0 years
Med: 0.24 years
Q3: 2.33 years
Excellent

In 2022, the repayment capacity of NC38 (-2.11) 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 154.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

154.639

Liquidity indicators evolution
NC38

Sector positioning

Liquidity ratio
154.64 2023
2022
2023
Q1: 113.8
Med: 217.93
Q3: 404.52
Average

In 2023, the liquidity ratio of NC38 (154.64) 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
-4.16x 2022
2022
Q1: 0.0x
Med: 0.15x
Q3: 2.92x
Average

In 2022, the interest coverage of NC38 (-4.2x) 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 (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
NC38

Positioning of NC38 in its sector

Comparison with sector Contrôle technique automobile

Similar companies (Contrôle technique automobile)

Compare NC38 with other companies in the same sector:

Frequently asked questions about NC38

What is the revenue of NC38 ?

The revenue of NC38 in 2022 is 195 k€.

Is NC38 profitable?

NC38 recorded a net loss in 2022.

Where is the headquarters of NC38 ?

The headquarters of NC38 is located in GRENOBLE (38000), in the department Isere.

Where to find the tax return of NC38 ?

The tax return of NC38 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 NC38 operate?

NC38 operates in the sector Contrôle technique automobile (NAF code 71.20A). See the 'Sector positioning' section above to compare the company with its competitors.