ODICECO : revenue, balance sheet and financial ratios

ODICECO is a French company founded 11 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in VILLENEUVE (04180), this company of category ETI shows in 2023 a revenue of 2.7 M€. 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

Financial history - ODICECO (SIREN 809137078)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 2 667 368 € 1 991 492 € 1 142 983 € 823 289 € 701 005 € 510 825 € 335 911 € 231 834 €
Net income -1 784 € -34 091 € -10 049 € 1 256 € -947 € 618 € 4 191 € 6 109 € 5 522 €
EBITDA N/C 265 360 € 192 251 € 126 814 € 167 031 € 163 458 € 183 203 € 155 101 € 92 117 €
Net margin N/C -1.3% -0.5% 0.1% -0.1% 0.1% 0.8% 1.8% 2.4%

Revenue and income statement

In 2024, ODICECO records a net loss of 2 k€. This deficit will reduce equity on the balance sheet.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-1 784 €

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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 978%. 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 6%. 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

978.108%

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

6.323%

Asset age ratio (2024) ?
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

25.9%

Solvency indicators evolution
ODICECO

Sector positioning

Debt ratio
978.11 2024
2022
2023
2024
Q1: 0.0
Med: 52.09
Q3: 260.67
Watch -23 pts over 3 years

In 2024, the debt ratio of ODICECO (978.11) 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
6.32% 2024
2022
2023
2024
Q1: 4.51%
Med: 24.09%
Q3: 51.07%
Average

In 2024, the financial autonomy of ODICECO (6.3%) 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
3.82 years 2023
2022
2023
Q1: 0.0 years
Med: 1.25 years
Q3: 3.65 years
Average

In 2023, the repayment capacity of ODICECO (3.82) 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 219.17. 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

219.174

Liquidity indicators evolution
ODICECO

Sector positioning

Liquidity ratio
219.17 2024
2022
2023
2024
Q1: 79.61
Med: 167.54
Q3: 370.44
Good -12 pts over 3 years

In 2024, the liquidity ratio of ODICECO (219.17) 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.

Interest coverage
19.27x 2023
2022
2023
Q1: 0.0x
Med: 1.69x
Q3: 7.4x
Excellent

In 2023, the interest coverage of ODICECO (19.3x) 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.

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
ODICECO

Positioning of ODICECO in its sector

Comparison with sector Location de longue durée de voitures et de véhicules automobiles légers

Similar companies (Location de longue durée de voitures et de véhicules automobiles légers)

Compare ODICECO with other companies in the same sector:

Voir toutes les statistiques du secteur Location de longue durée de voitures et de véhicules automobiles légers

Frequently asked questions about ODICECO

What is the revenue of ODICECO ?

The revenue of ODICECO in 2023 is 2.7 M€.

Is ODICECO profitable?

ODICECO recorded a net loss in 2024.

Where is the headquarters of ODICECO ?

The headquarters of ODICECO is located in VILLENEUVE (04180), in the department Alpes-de-Haute-Provence.

Where to find the tax return of ODICECO ?

The tax return of ODICECO 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 ODICECO operate?

ODICECO operates in the sector Location de longue durée de voitures et de véhicules automobiles légers (NAF code 77.11B). See the 'Sector positioning' section above to compare the company with its competitors.