SMILE CARS : revenue, balance sheet and financial ratios

SMILE CARS is a French company founded 9 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in VIEUX-CONDE (59690), this company of category PME shows in 2019 a revenue of 80 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SMILE CARS (SIREN 823750112)
Indicator 2022 2021 2020 2019 2018 2017
Revenue N/C N/C N/C 80 413 € 60 693 € 58 118 €
Net income 0 € 0 € 0 € 3 098 € 5 710 € -4 411 €
EBITDA N/C N/C N/C 3 317 € 6 085 € -4 376 €
Net margin N/C N/C N/C 3.9% 9.4% -7.6%

Revenue and income statement

In 2022, SMILE CARS records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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 75%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

75.137%

Financial autonomy (2022) ?
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

30.822%

Solvency indicators evolution
SMILE CARS

Sector positioning

Debt ratio
75.14 2022
2020
2021
2022
Q1: 5.68
Med: 52.88
Q3: 150.85
Average

In 2022, the debt ratio of SMILE CARS (75.14) 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
30.82% 2022
2020
2021
2022
Q1: 13.85%
Med: 30.82%
Q3: 53.79%
Good -20 pts over 3 years

In 2022, the financial autonomy of SMILE CARS (30.8%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 169.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

169.553

Liquidity indicators evolution
SMILE CARS

Sector positioning

Liquidity ratio
169.55 2022
2020
2021
2022
Q1: 136.36
Med: 203.64
Q3: 374.5
Average

In 2022, the liquidity ratio of SMILE CARS (169.55) 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.

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 (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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
SMILE CARS

Positioning of SMILE CARS in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Similar companies (Commerce de voitures et de véhicules automobiles légers)

Compare SMILE CARS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about SMILE CARS

What is the revenue of SMILE CARS ?

The revenue of SMILE CARS in 2019 is 80 k€.

Is SMILE CARS profitable?

Yes, SMILE CARS generated a net profit of 3 k€ in 2019.

Where is the headquarters of SMILE CARS ?

The headquarters of SMILE CARS is located in VIEUX-CONDE (59690), in the department Nord.

Where to find the tax return of SMILE CARS ?

The tax return of SMILE CARS 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 SMILE CARS operate?

SMILE CARS operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.