RACING KART COMPETITION : revenue, balance sheet and financial ratios

RACING KART COMPETITION is a French company founded 36 years ago, specialized in the sector Analyses, essais et inspections techniques. Based in THEOULE-SUR-MER (06590), this company of category PME shows in 2018 a revenue of 567 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 - RACING KART COMPETITION (SIREN 353099831)
Indicator 2023 2019 2018 2016
Revenue N/C N/C 566 658 € 541 165 €
Net income 0 € 43 968 € 21 655 € 17 497 €
EBITDA N/C -467 611 € -26 156 € 25 188 €
Net margin N/C N/C 3.8% 3.2%

Revenue and income statement

In 2023, RACING KART COMPETITION records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2019: 17 k€ -> 0 €.

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Chart evolution

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Assets

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Liabilities

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Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 151.46. 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

151.458

Liquidity indicators evolution
RACING KART COMPETITION

Sector positioning

Liquidity ratio
151.46 2023
2018
2019
2023
Q1: 130.04
Med: 208.63
Q3: 353.23
Average

In 2023, the liquidity ratio of RACING KART COMPETITION (151.46) 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
0.0x 2019
2018
2019
Q1: 0.0x
Med: 0.01x
Q3: 1.72x
Average

In 2019, the interest coverage of RACING KART COMPETITION (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
RACING KART COMPETITION

Positioning of RACING KART COMPETITION in its sector

Comparison with sector Analyses, essais et inspections techniques

Similar companies (Analyses, essais et inspections techniques)

Compare RACING KART COMPETITION with other companies in the same sector:

Voir toutes les statistiques du secteur Analyses, essais et inspections techniques

Frequently asked questions about RACING KART COMPETITION

What is the revenue of RACING KART COMPETITION ?

The revenue of RACING KART COMPETITION in 2018 is 567 k€.

Is RACING KART COMPETITION profitable?

Yes, RACING KART COMPETITION generated a net profit of 44 k€ in 2019.

Where is the headquarters of RACING KART COMPETITION ?

The headquarters of RACING KART COMPETITION is located in THEOULE-SUR-MER (06590), in the department Alpes-Maritimes.

Where to find the tax return of RACING KART COMPETITION ?

The tax return of RACING KART COMPETITION 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 RACING KART COMPETITION operate?

RACING KART COMPETITION operates in the sector Analyses, essais et inspections techniques (NAF code 71.20B). See the 'Sector positioning' section above to compare the company with its competitors.