AAA FRANCE CARS : revenue, balance sheet and financial ratios

AAA FRANCE CARS is a French company founded 34 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in LESQUIN (59810), this company of category ETI shows in 2024 a revenue of 108.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - AAA FRANCE CARS (SIREN 382402683)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 108 279 571 € 111 396 522 € 104 429 374 € 84 553 741 € 78 857 822 € 110 017 236 € 102 329 973 € 87 204 511 € 80 494 918 €
Net income 5 959 424 € 11 317 996 € 10 410 377 € 8 584 517 € 4 599 391 € 5 692 965 € 5 627 930 € 3 612 936 € 2 500 854 €
EBITDA -20 431 203 € -10 187 691 € -11 998 011 € -4 284 066 € -6 855 285 € 8 670 407 € 15 526 665 € 13 962 878 € 8 856 059 €
Net margin 5.5% 10.2% 10.0% 10.2% 5.8% 5.2% 5.5% 4.1% 3.1%

Revenue and income statement

In 2024, AAA FRANCE CARS achieves revenue of 108.3 M€. Revenue is growing positively over 9 years (CAGR: +3.8%). Slight decline of -3% vs 2023. After deducting consumption (754 k€), gross margin stands at 107.5 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -20.4 M€, representing -18.9% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -101%, reducing margin by 9.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.0 M€, i.e. 5.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

108 279 571 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

107 525 933 €

EBITDA (2024) ?
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

-20 431 203 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 474 648 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 959 424 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-18.9%

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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 0%. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.279%

Financial autonomy (2024) ?
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

50.124%

Cash flow / Revenue (2024) ?
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

2.176%

Repayment capacity (2024) ?
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

0.087

Asset age ratio (2024) ?
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

51.0%

Solvency indicators evolution
AAA FRANCE CARS

Sector positioning

Debt ratio
0.28 2024
2022
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.44
Good

In 2024, the debt ratio of AAA FRANCE CARS (0.28) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
50.12% 2024
2022
2023
2024
Q1: 0.16%
Med: 21.35%
Q3: 49.45%
Excellent +17 pts over 3 years

In 2024, the financial autonomy of AAA FRANCE CARS (50.1%) 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
0.09 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.21 years
Average

In 2024, the repayment capacity of AAA FRANCE CARS (0.09) 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 126.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

126.041

Interest coverage (2024) ?
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

-0.214

Liquidity indicators evolution
AAA FRANCE CARS

Sector positioning

Liquidity ratio
126.04 2024
2022
2023
2024
Q1: 75.41
Med: 176.35
Q3: 352.3
Average

In 2024, the liquidity ratio of AAA FRANCE CARS (126.04) 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
-0.21x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.57x
Average

In 2024, the interest coverage of AAA FRANCE CARS (-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. Average customer payment term: 142 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 128 days. The company must finance 14 days of gap between collections and payments. Overall, WCR represents 206 days of revenue, i.e. 61.9 M€ to permanently finance. Over 2016-2024, WCR increased by +323%, requiring additional financing.

Operating WCR (2024) ?
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

61 855 788 €

Customer credit (2024) ?
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

142 j

Supplier credit (2024) ?
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

128 j

Inventory turnover (2024) ?
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 (2024) ?
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

206 j

WCR and payment terms evolution
AAA FRANCE CARS

Positioning of AAA FRANCE CARS in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of AAA FRANCE CARS is estimated at 180 872 437 € (range 36 125 132€ - 283 390 923€). The price/revenue ratio is 2.33x (premium 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 2024
276 transactions
36125k€ 180872k€ 283390k€
180 872 437 € Range: 36 125 132€ - 283 390 923€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
108 279 571 € × 2.33x
Estimation 252 684 657 €
58 995 153€ - 328 573 306€
Net Income Multiple 20%
5 959 424 € × 12.3x
Estimation 73 154 109 €
1 820 102€ - 215 617 351€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de courte durée de voitures et de véhicules automobiles légers)

Compare AAA FRANCE CARS with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about AAA FRANCE CARS

What is the revenue of AAA FRANCE CARS ?

The revenue of AAA FRANCE CARS in 2024 is 108.3 M€.

Is AAA FRANCE CARS profitable?

Yes, AAA FRANCE CARS generated a net profit of 6.0 M€ in 2024.

Where is the headquarters of AAA FRANCE CARS ?

The headquarters of AAA FRANCE CARS is located in LESQUIN (59810), in the department Nord.

Where to find the tax return of AAA FRANCE CARS ?

The tax return of AAA FRANCE 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 AAA FRANCE CARS operate?

AAA FRANCE CARS operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.