A. PICARDIE DEPANNAGE : revenue, balance sheet and financial ratios

A. PICARDIE DEPANNAGE is a French company founded 34 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in NOGENT-SUR-OISE (60180), this company of category PME shows in 2021 a revenue of 438 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 - A. PICARDIE DEPANNAGE (SIREN 383296449)
Indicator 2021 2019 2018 2017
Revenue 437 681 € 374 763 € 376 412 € 419 498 €
Net income 20 929 € -12 885 € -38 346 € -11 846 €
EBITDA 45 542 € -6 993 € 367 € 24 595 €
Net margin 4.8% -3.4% -10.2% -2.8%

Revenue and income statement

In 2021, A. PICARDIE DEPANNAGE achieves revenue of 438 k€. Revenue is growing positively over 4 years (CAGR: +1.1%). Vs 2019, growth of +17% (375 k€ -> 438 k€). After deducting consumption (0 €), gross margin stands at 438 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 46 k€, representing 10.4% of revenue. Positive scissor effect: EBITDA margin improves by +12.3 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 4.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

437 681 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

437 681 €

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

45 542 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

24 169 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

20 929 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.4%

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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 381%. 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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

381.091%

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

6.678%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

9.665%

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

3.246

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

41.4%

Solvency indicators evolution
A. PICARDIE DEPANNAGE

Sector positioning

Debt ratio
381.09 2021
2018
2019
2021
Q1: 5.61
Med: 38.49
Q3: 119.45
Watch

In 2021, the debt ratio of A. PICARDIE DEPANNAGE (381.09) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
6.68% 2021
2018
2019
2021
Q1: 18.39%
Med: 39.81%
Q3: 59.58%
Average

In 2021, the financial autonomy of A. PICARDIE DEPANNAGE (6.7%) 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
3.25 years 2021
2018
2019
2021
Q1: 0.0 years
Med: 0.65 years
Q3: 3.28 years
Average +50 pts over 3 years

In 2021, the repayment capacity of A. PICARDIE DEPANNAGE (3.25) 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 90.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 7.5x. Operating income very largely covers interest expenses: high safety margin.

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

90.172

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

7.477

Liquidity indicators evolution
A. PICARDIE DEPANNAGE

Sector positioning

Liquidity ratio
90.17 2021
2018
2019
2021
Q1: 138.02
Med: 211.9
Q3: 312.79
Watch -5 pts over 3 years

In 2021, the liquidity ratio of A. PICARDIE DEPANNAGE (90.17) 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
7.48x 2021
2018
2019
2021
Q1: 0.0x
Med: 0.37x
Q3: 3.12x
Excellent

In 2021, the interest coverage of A. PICARDIE DEPANNAGE (7.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 165 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 466 days. Excellent situation: suppliers finance 301 days of the operating cycle (retail model). Overall, WCR represents 160 days of revenue, i.e. 194 k€ to permanently finance. Over 2017-2021, WCR increased by +143%, requiring additional financing.

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

194 330 €

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

165 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

466 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 in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

160 j

WCR and payment terms evolution
A. PICARDIE DEPANNAGE

Positioning of A. PICARDIE DEPANNAGE in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 135 transactions of similar company sales in 2021, the value of A. PICARDIE DEPANNAGE is estimated at 160 155 € (range 67 515€ - 302 092€). With an EBITDA of 45 542€, the sector multiple of 3.8x is applied. The price/revenue ratio is 0.40x (conservative valuation). 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.

Estimated enterprise value 2021
135 transactions
67k€ 160k€ 302k€
160 155 € Range: 67 515€ - 302 092€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
45 542 € × 3.8x
Estimation 173 510 €
63 807€ - 314 090€
Revenue Multiple 30%
437 681 € × 0.40x
Estimation 176 998 €
87 965€ - 352 628€
Net Income Multiple 20%
20 929 € × 4.9x
Estimation 101 507 €
46 112€ - 196 295€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 135 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 (Entretien et réparation de véhicules automobiles légers)

Compare A. PICARDIE DEPANNAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about A. PICARDIE DEPANNAGE

What is the revenue of A. PICARDIE DEPANNAGE ?

The revenue of A. PICARDIE DEPANNAGE in 2021 is 438 k€.

Is A. PICARDIE DEPANNAGE profitable?

Yes, A. PICARDIE DEPANNAGE generated a net profit of 21 k€ in 2021.

Where is the headquarters of A. PICARDIE DEPANNAGE ?

The headquarters of A. PICARDIE DEPANNAGE is located in NOGENT-SUR-OISE (60180), in the department Oise.

Where to find the tax return of A. PICARDIE DEPANNAGE ?

The tax return of A. PICARDIE DEPANNAGE 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 A. PICARDIE DEPANNAGE operate?

A. PICARDIE DEPANNAGE operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.