SARL FREDERIC PICASSO : revenue, balance sheet and financial ratios

SARL FREDERIC PICASSO is a French company founded 20 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in NANS-LES-PINS (83860), this company of category PME shows in 2019 a revenue of 62 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 - SARL FREDERIC PICASSO (SIREN 487505968)
Indicator 2023 2019 2017 2016
Revenue N/C 62 237 € 78 688 € 41 616 €
Net income 0 € 12 € 6 437 € 1 224 €
EBITDA N/C 270 € 7 356 € 1 457 €
Net margin N/C 0.0% 8.2% 2.9%

Revenue and income statement

In 2023, SARL FREDERIC PICASSO records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2019: 1 k€ -> 0 €.

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 15%. 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

24.227%

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

15.331%

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

14.0%

Solvency indicators evolution
SARL FREDERIC PICASSO

Sector positioning

Debt ratio
24.23 2023
2017
2019
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Average -21 pts over 3 years

In 2023, the debt ratio of SARL FREDERIC PICASSO (24.23) 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
15.33% 2023
2017
2019
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Average -18 pts over 3 years

In 2023, the financial autonomy of SARL FREDERIC PICASSO (15.3%) 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
103.31 years 2019
2017
2019
Q1: 0.0 years
Med: 0.07 years
Q3: 0.95 years
Average +50 pts over 2 years

In 2019, the repayment capacity of SARL FREDERIC PICASSO (103.31) 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 667.91. 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

667.913

Liquidity indicators evolution
SARL FREDERIC PICASSO

Sector positioning

Liquidity ratio
667.91 2023
2017
2019
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Excellent +31 pts over 3 years

In 2023, the liquidity ratio of SARL FREDERIC PICASSO (667.91) 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 2019
2017
2019
Q1: 0.0x
Med: 0.15x
Q3: 2.01x
Average

In 2019, the interest coverage of SARL FREDERIC PICASSO (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
SARL FREDERIC PICASSO

Positioning of SARL FREDERIC PICASSO in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Similar companies (Travaux d'installation d'eau et de gaz en tous locaux)

Compare SARL FREDERIC PICASSO with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about SARL FREDERIC PICASSO

What is the revenue of SARL FREDERIC PICASSO ?

The revenue of SARL FREDERIC PICASSO in 2019 is 62 k€.

Is SARL FREDERIC PICASSO profitable?

Yes, SARL FREDERIC PICASSO generated a net profit of 12€ in 2019.

Where is the headquarters of SARL FREDERIC PICASSO ?

The headquarters of SARL FREDERIC PICASSO is located in NANS-LES-PINS (83860), in the department Var.

Where to find the tax return of SARL FREDERIC PICASSO ?

The tax return of SARL FREDERIC PICASSO 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 SARL FREDERIC PICASSO operate?

SARL FREDERIC PICASSO operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.