PROMADIS RACING : revenue, balance sheet and financial ratios

PROMADIS RACING is a French company founded 15 years ago, specialized in the sector Organisation de foires, salons professionnels et congrès. Based in LAMBALLE-ARMOR (22400), this company of category ETI shows in 2021 a revenue of 91 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 - PROMADIS RACING (SIREN 527866867)
Indicator 2023 2021 2020 2019 2017
Revenue N/C 91 000 € 91 000 € 91 000 € 104 993 €
Net income -2 141 € -11 327 € 13 575 € 11 939 € 12 515 €
EBITDA -2 258 € -11 327 € 19 149 € 14 046 € 14 725 €
Net margin N/C -12.4% 14.9% 13.1% 11.9%

Revenue and income statement

In 2023, PROMADIS RACING records a net loss of 2 k€. This deficit will reduce equity on the balance sheet.

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-2 258 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-2 258 €

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

-2 141 €

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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 0%. 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 96%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.0%

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

96.5%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Solvency indicators evolution
PROMADIS RACING

Sector positioning

Debt ratio
0.0 2023
2020
2021
2023
Q1: 0.0
Med: 9.47
Q3: 58.17
Excellent

In 2023, the debt ratio of PROMADIS RACING (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
96.5% 2023
2020
2021
2023
Q1: 3.23%
Med: 27.54%
Q3: 53.65%
Excellent +20 pts over 3 years

In 2023, the financial autonomy of PROMADIS RACING (96.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.12 years
Excellent -27 pts over 3 years

In 2023, the repayment capacity of PROMADIS RACING (0.00) 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 2838.19. 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

2838.192

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
PROMADIS RACING

Sector positioning

Liquidity ratio
2838.19 2023
2020
2021
2023
Q1: 127.58
Med: 205.26
Q3: 416.19
Excellent +41 pts over 3 years

In 2023, the liquidity ratio of PROMADIS RACING (2838.19) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.23x
Average -50 pts over 3 years

In 2023, the interest coverage of PROMADIS RACING (0.0x) 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
PROMADIS RACING

Positioning of PROMADIS RACING in its sector

Comparison with sector Organisation de foires, salons professionnels et congrès

Similar companies (Organisation de foires, salons professionnels et congrès)

Compare PROMADIS RACING with other companies in the same sector:

Voir toutes les statistiques du secteur Organisation de foires, salons professionnels et congrès

Frequently asked questions about PROMADIS RACING

What is the revenue of PROMADIS RACING ?

The revenue of PROMADIS RACING in 2021 is 91 k€.

Is PROMADIS RACING profitable?

PROMADIS RACING recorded a net loss in 2023.

Where is the headquarters of PROMADIS RACING ?

The headquarters of PROMADIS RACING is located in LAMBALLE-ARMOR (22400), in the department Cotes-d'Armor.

Where to find the tax return of PROMADIS RACING ?

The tax return of PROMADIS RACING 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 PROMADIS RACING operate?

PROMADIS RACING operates in the sector Organisation de foires, salons professionnels et congrès (NAF code 82.30Z). See the 'Sector positioning' section above to compare the company with its competitors.