SIREN : 480233246
NOVAPROM FINANCES is a French company founded 21 years ago, specialized in the sector Gestion de fonds. Based in MONTPELLIER (34000), this company of category PME shows in 2019 a net income negative of -38 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | N/C | N/C | N/C | N/C |
| Net income | -38 214 € | -5 581 € | -14 607 € | -1 249 € |
| EBITDA | -6 498 € | N/C | -5 179 € | -14 317 € |
| Net margin | N/C | N/C | N/C | N/C |
In 2019, NOVAPROM FINANCES records a net loss of 38 k€. This deficit will reduce equity on the balance sheet.
-6 498 €
-6 498 €
-38 214 €
The debt ratio (= Financial debt / Equity x 100) stands at 463%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
462.87%
14.885%
-8.198
In 2019, the debt ratio of NOVAPROM FINANCES (462.87) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of NOVAPROM FINANCES (14.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2019, the repayment capacity of NOVAPROM FINANCES (-8.20) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 611.32. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
611.315
-488.089
In 2019, the liquidity ratio of NOVAPROM FINANCES (611.32) 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.
In 2019, the interest coverage of NOVAPROM FINANCES (-488.1x) 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) 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: 1766 days. Excellent situation: suppliers finance 1766 days of the operating cycle (retail model).
0 €
0 j
1766 j
0 j
Compare NOVAPROM FINANCES with other companies in the same sector:
The revenue of NOVAPROM FINANCES is not publicly disclosed (confidential accounts filed with INPI).
NOVAPROM FINANCES recorded a net loss in 2019.
The headquarters of NOVAPROM FINANCES is located in MONTPELLIER (34000), in the department Herault.
The tax return of NOVAPROM FINANCES 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).
NOVAPROM FINANCES operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.