VAR RENOVATION : revenue, balance sheet and financial ratios

VAR RENOVATION is a French company founded 24 years ago, specialized in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment. Based in SANARY-SUR-MER (83110), this company of category PME shows in 2020 a revenue of 47 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 - VAR RENOVATION (SIREN 441281730)
Indicator 2021 2020 2018 2017
Revenue N/C 46 536 € 200 238 € 195 527 €
Net income 0 € -101 526 € 4 526 € 655 €
EBITDA N/C -97 393 € -87 916 € -30 413 €
Net margin N/C -218.2% 2.3% 0.3%

Revenue and income statement

In 2021, VAR RENOVATION records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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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 549%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 64%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

548.592%

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

64.48%

Asset age ratio (2021) ?
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

26.4%

Solvency indicators evolution
VAR RENOVATION

Sector positioning

Debt ratio
548.59 2021
2018
2020
2021
Q1: 1.25
Med: 24.73
Q3: 82.31
Average +13 pts over 3 years

In 2021, the debt ratio of VAR RENOVATION (548.59) 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
64.48% 2021
2018
2020
2021
Q1: 9.07%
Med: 28.57%
Q3: 48.91%
Excellent +40 pts over 3 years

In 2021, the financial autonomy of VAR RENOVATION (64.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.23 years 2020
2018
2020
Q1: 0.0 years
Med: 0.05 years
Q3: 1.55 years
Excellent -50 pts over 2 years

In 2020, the repayment capacity of VAR RENOVATION (-0.23) 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 101.58. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

101.581

Liquidity indicators evolution
VAR RENOVATION

Sector positioning

Liquidity ratio
101.58 2021
2018
2020
2021
Q1: 134.47
Med: 189.75
Q3: 282.11
Watch -42 pts over 3 years

In 2021, the liquidity ratio of VAR RENOVATION (101.58) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-0.28x 2020
2018
2020
Q1: 0.0x
Med: 0.0x
Q3: 1.52x
Average

In 2020, the interest coverage of VAR RENOVATION (-0.3x) 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. Average customer payment term: 215 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 193 days. The company must finance 22 days of gap between collections and 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

215 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

193 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
VAR RENOVATION

Positioning of VAR RENOVATION in its sector

Comparison with sector Travaux de maçonnerie générale et gros œuvre de bâtiment

Similar companies (Travaux de maçonnerie générale et gros œuvre de bâtiment)

Compare VAR RENOVATION with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de maçonnerie générale et gros œuvre de bâtiment

Frequently asked questions about VAR RENOVATION

What is the revenue of VAR RENOVATION ?

The revenue of VAR RENOVATION in 2020 is 47 k€.

Is VAR RENOVATION profitable?

VAR RENOVATION recorded a net loss in 2020.

Where is the headquarters of VAR RENOVATION ?

The headquarters of VAR RENOVATION is located in SANARY-SUR-MER (83110), in the department Var.

Where to find the tax return of VAR RENOVATION ?

The tax return of VAR RENOVATION 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 VAR RENOVATION operate?

VAR RENOVATION operates in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment (NAF code 43.99C). See the 'Sector positioning' section above to compare the company with its competitors.