Employees: NN (None)Legal category: SCA (commandite par actions)Size: NoneCreation date: 2016-10-04 (9 years)Status: ActiveBusiness sector: Programmation informatiqueLocation: NICE (06000), Alpes-Maritimes
STARTMYNET : revenue, balance sheet and financial ratios
STARTMYNET is a French company
founded 9 years ago,
specialized in the sector Programmation informatique.
Based in NICE (06000),
this company of category PME
shows in 2019 a revenue of 11 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, STARTMYNET records a net loss of 347 €. This deficit will reduce equity on the balance sheet.
EBITDA (2021)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
-347 €
EBIT (2021)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-347 €
Net income (2021)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-347 €
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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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Item
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 56%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory.
Debt ratio (2021)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
55.777%
Financial autonomy (2021)
?
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
27.632%
Repayment capacity (2021)
?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
-0.049
Asset age ratio (2021)
?
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
2017
2018
2019
2020
2021
Debt ratio
0.0
0.0
0.0
0.0
55.777
Financial autonomy
0.0
0.0
0.0
0.0
27.632
Repayment capacity
0.0
0.0
0.0
0.0
-0.049
Cash flow / Revenue
10.872%
13.473%
33.939%
None%
None%
Sector positioning
Debt ratio
55.782021
2019
2020
2021
Q1: 0.0
Med: 4.7
Q3: 61.85
Average+47 pts over 3 years
In 2021, the debt ratio of STARTMYNET (55.78) 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
27.63%2021
2019
2020
2021
Q1: 3.24%
Med: 31.7%
Q3: 60.72%
Average+21 pts over 3 years
In 2021, the financial autonomy of STARTMYNET (27.6%) 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
-0.05 years2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 0.54 years
Excellent
In 2021, the repayment capacity of STARTMYNET (-0.05) 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.
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 (2021)
?
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 (2021)
?
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 (2021)
?
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 (2021)
?
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 STARTMYNET
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
Operating WCR
0 €
1 049 €
-660 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
Customer payment term (days)
0
70
0
0
0
Supplier payment term (days)
0
0
0
0
0
Positioning of STARTMYNET in its sector
Comparison with sector Programmation informatique
Similar companies (Programmation informatique)
Compare STARTMYNET with other companies in the same sector:
The headquarters of STARTMYNET is located in NICE (06000), in the department Alpes-Maritimes.
Where to find the tax return of STARTMYNET ?
The tax return of STARTMYNET 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 STARTMYNET operate?
STARTMYNET operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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