OPENRENT : revenue, balance sheet and financial ratios

OPENRENT is a French company founded 9 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in MARSEILLE (13006), this company of category PME shows in 2020 a revenue of 699 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 - OPENRENT (SIREN 825212632)
Indicator 2023 2022 2020 2019 2018 2017
Revenue N/C N/C 699 055 € 139 256 € 110 476 € 46 271 €
Net income -94 939 € 45 411 € 46 621 € 66 095 € 31 967 € 785 €
EBITDA N/C N/C 86 433 € 57 017 € 44 139 € 4 912 €
Net margin N/C N/C 6.7% 47.5% 28.9% 1.7%

Revenue and income statement

In 2023, OPENRENT records a net loss of 95 k€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-94 939 €

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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 191%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

191.303%

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

17.62%

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

55.0%

Solvency indicators evolution
OPENRENT

Sector positioning

Debt ratio
191.3 2023
2020
2022
2023
Q1: 0.0
Med: 20.7
Q3: 129.09
Average

In 2023, the debt ratio of OPENRENT (191.30) 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
17.62% 2023
2020
2022
2023
Q1: 0.62%
Med: 23.45%
Q3: 50.42%
Average -8 pts over 3 years

In 2023, the financial autonomy of OPENRENT (17.6%) 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
5.53 years 2020
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 2.69 years
Watch

In 2020, the repayment capacity of OPENRENT (5.53) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 143.90. 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

143.899

Liquidity indicators evolution
OPENRENT

Sector positioning

Liquidity ratio
143.9 2023
2020
2022
2023
Q1: 83.74
Med: 171.62
Q3: 332.83
Average -33 pts over 3 years

In 2023, the liquidity ratio of OPENRENT (143.90) 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
2.27x 2020
2020
Q1: 0.0x
Med: 0.0x
Q3: 2.37x
Good

In 2020, the interest coverage of OPENRENT (2.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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
OPENRENT

Positioning of OPENRENT in its sector

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

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

Compare OPENRENT with other companies in the same sector:

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

Frequently asked questions about OPENRENT

What is the revenue of OPENRENT ?

The revenue of OPENRENT in 2020 is 699 k€.

Is OPENRENT profitable?

OPENRENT recorded a net loss in 2023.

Where is the headquarters of OPENRENT ?

The headquarters of OPENRENT is located in MARSEILLE (13006), in the department Bouches-du-Rhone.

Where to find the tax return of OPENRENT ?

The tax return of OPENRENT 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 OPENRENT operate?

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