STARTEC : revenue, balance sheet and financial ratios

STARTEC is a French company founded 18 years ago, specialized in the sector Fabrication de parfums et de produits pour la toilette. Based in MARSEILLE (13008), this company of category PME shows in 2019 a revenue of 1.0 M€. 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 - STARTEC (SIREN 499500668)
Indicator 2020 2019 2018 2017 2016
Revenue N/C 1 021 098 € N/C 1 176 771 € 1 216 748 €
Net income 75 381 € 43 591 € -46 022 € 27 826 € -5 130 €
EBITDA N/C 136 096 € N/C 125 083 € 131 035 €
Net margin N/C 4.3% N/C 2.4% -0.4%

Revenue and income statement

In 2020, STARTEC generates positive net income of 75 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

75 381 €

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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 28%. 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 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

27.693%

Financial autonomy (2020) ?
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

50.351%

Asset age ratio (2020) ?
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

38.1%

Solvency indicators evolution
STARTEC

Sector positioning

Debt ratio
27.69 2020
2018
2019
2020
Q1: 0.03
Med: 25.94
Q3: 103.36
Average

In 2020, the debt ratio of STARTEC (27.69) 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
50.35% 2020
2018
2019
2020
Q1: 15.87%
Med: 38.63%
Q3: 61.02%
Good +7 pts over 3 years

In 2020, the financial autonomy of STARTEC (50.4%) 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
0.27 years 2019
2019
Q1: 0.0 years
Med: 0.12 years
Q3: 2.07 years
Average

In 2019, the repayment capacity of STARTEC (0.27) 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 193.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

193.602

Liquidity indicators evolution
STARTEC

Sector positioning

Liquidity ratio
193.6 2020
2018
2019
2020
Q1: 141.21
Med: 240.24
Q3: 381.4
Average +14 pts over 3 years

In 2020, the liquidity ratio of STARTEC (193.60) 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
0.2x 2019
2019
Q1: 0.0x
Med: 0.52x
Q3: 3.61x
Average

In 2019, the interest coverage of STARTEC (0.2x) 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 (2020) ?
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 (2020) ?
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 (2020) ?
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 (2020) ?
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
STARTEC

Positioning of STARTEC in its sector

Comparison with sector Fabrication de parfums et de produits pour la toilette

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of STARTEC is estimated at 40 549 € (range 18 249€ - 319 359€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2020
74 tx
18k€ 40k€ 319k€
40 549 € Range: 18 249€ - 319 359€
Section all-time Aggregated at NAF section level

Valuation method used

Net Income Multiple
75 381 € × 0.5x = 40 550 €
Range: 18 250€ - 319 360€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 74 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de parfums et de produits pour la toilette)

Compare STARTEC with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de parfums et de produits pour la toilette

Frequently asked questions about STARTEC

What is the revenue of STARTEC ?

The revenue of STARTEC in 2019 is 1.0 M€.

Is STARTEC profitable?

Yes, STARTEC generated a net profit of 75 k€ in 2020.

Where is the headquarters of STARTEC ?

The headquarters of STARTEC is located in MARSEILLE (13008), in the department Bouches-du-Rhone.

Where to find the tax return of STARTEC ?

The tax return of STARTEC 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 STARTEC operate?

STARTEC operates in the sector Fabrication de parfums et de produits pour la toilette (NAF code 20.42Z). See the 'Sector positioning' section above to compare the company with its competitors.