Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2021-01-18 (5 years)Status: ActiveBusiness sector: Autres activités de soutien aux entreprises n.c.a.Location: VALBONNE (06560), Alpes-Maritimes
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
SMART & CONNECTIVE : revenue, balance sheet and financial ratios
SMART & CONNECTIVE is a French company
founded 5 years ago,
specialized in the sector Autres activités de soutien aux entreprises n.c.a..
Based in VALBONNE (06560),
this company of category PME
shows in 2021 a revenue of 19 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SMART & CONNECTIVE (SIREN 893505289)
Indicator
2023
2022
2021
Revenue
N/C
N/C
19 404 €
Net income
-1 454 086 €
-1 423 085 €
-807 839 €
EBITDA
N/C
N/C
-867 373 €
Net margin
N/C
N/C
-4163.3%
Revenue and income statement
In 2023, SMART & CONNECTIVE records a net loss of 1.5 M€. 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
-1 454 086 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 120%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
119.936%
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
34.017%
Asset age ratio (2023)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
Debt ratio
-159.887
50.873
119.936
Financial autonomy
-34.825
60.051
34.017
Repayment capacity
-1.407
None
None
Cash flow / Revenue
-3880.508%
None%
None%
Sector positioning
Debt ratio
119.942023
2021
2022
2023
Q1: 0.0
Med: 5.99
Q3: 56.99
Average+50 pts over 3 years
In 2023, the debt ratio of SMART & CONNECTIVE (119.94) 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
34.02%2023
2021
2022
2023
Q1: 5.84%
Med: 31.54%
Q3: 66.25%
Good+27 pts over 3 years
In 2023, the financial autonomy of SMART & CONNECTIVE (34.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
-1.41 years2021
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.51 years
Excellent
In 2021, the repayment capacity of SMART & CONNECTIVE (-1.41) 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 248.87. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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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
248.874
Liquidity indicators evolution SMART & CONNECTIVE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2021
2022
2023
Liquidity ratio
30.218
512.898
248.874
Interest coverage
-0.112
None
None
Sector positioning
Liquidity ratio
248.872023
2021
2022
2023
Q1: 119.92
Med: 220.79
Q3: 547.18
Good+27 pts over 3 years
In 2023, the liquidity ratio of SMART & CONNECTIVE (248.87) 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
-0.11x2021
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.56x
Average
In 2021, the interest coverage of SMART & CONNECTIVE (-0.1x) 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)
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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 SMART & CONNECTIVE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
Operating WCR
-1 445 728 €
0 €
0 €
Inventory turnover (days)
680
0
0
Customer payment term (days)
51
0
0
Supplier payment term (days)
21
0
0
Positioning of SMART & CONNECTIVE in its sector
Comparison with sector Autres activités de soutien aux entreprises n.c.a.
Similar companies (Autres activités de soutien aux entreprises n.c.a.)
Compare SMART & CONNECTIVE with other companies in the same sector:
Frequently asked questions about SMART & CONNECTIVE
What is the revenue of SMART & CONNECTIVE ?
The revenue of SMART & CONNECTIVE in 2021 is 19 k€.
Is SMART & CONNECTIVE profitable?
SMART & CONNECTIVE recorded a net loss in 2023.
Where is the headquarters of SMART & CONNECTIVE ?
The headquarters of SMART & CONNECTIVE is located in VALBONNE (06560), in the department Alpes-Maritimes.
Where to find the tax return of SMART & CONNECTIVE ?
The tax return of SMART & CONNECTIVE 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 SMART & CONNECTIVE operate?
SMART & CONNECTIVE operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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