Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2013-11-01 (12 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: EPINAY-SUR-SEINE (93800), Seine-Saint-Denis
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
ABS RACE : revenue, balance sheet and financial ratios
ABS RACE is a French company
founded 12 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in EPINAY-SUR-SEINE (93800),
this company of category PME
shows in 2022 a revenue of 2.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2023, ABS RACE generates positive net income of 149 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2019-2023: 31 k€ -> 149 k€.
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
149 341 €
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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 16%. 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 77%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
15.86%
Financial autonomy (2023)
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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
76.684%
Asset age ratio (2023)
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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
2019
2020
2021
2022
2023
Debt ratio
23.603
30.281
35.301
30.195
15.86
Financial autonomy
78.821
64.321
62.691
72.801
76.684
Repayment capacity
None
None
None
1.997
None
Cash flow / Revenue
None%
None%
None%
3.655%
None%
Sector positioning
Debt ratio
15.862023
2021
2022
2023
Q1: 5.33
Med: 46.56
Q3: 142.38
Good-7 pts over 3 years
In 2023, the debt ratio of ABS RACE (15.86) 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
76.68%2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Excellent
In 2023, the financial autonomy of ABS RACE (76.7%) 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
2.0 years2022
2022
Q1: 0.0 years
Med: 0.78 years
Q3: 4.48 years
Average
In 2022, the repayment capacity of ABS RACE (2.00) 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 864.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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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
864.569
Liquidity indicators evolution ABS RACE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2022
2023
Liquidity ratio
3550.727
593.278
627.464
1828.542
864.569
Interest coverage
None
None
None
1.533
None
Sector positioning
Liquidity ratio
864.572023
2021
2022
2023
Q1: 135.08
Med: 203.8
Q3: 381.44
Excellent
In 2023, the liquidity ratio of ABS RACE (864.57) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
1.53x2022
2022
Q1: 0.0x
Med: 1.22x
Q3: 7.72x
Good
In 2022, the interest coverage of ABS RACE (1.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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 (2023)
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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 (2023)
?
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 (2023)
?
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 (2023)
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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 ABS RACE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2023
Operating WCR
0 €
0 €
0 €
685 544 €
0 €
Inventory turnover (days)
0
0
0
71
0
Customer payment term (days)
0
0
0
4
0
Supplier payment term (days)
0
0
0
2
0
Positioning of ABS RACE in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Valuation estimate
Based on 149 transactions of similar company sales
in 2023,
the value of ABS RACE is estimated at
308 258 €
(range 77 002€ - 548 989€).
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 value2023
149 transactions
77k€308k€548k€
308 258 €Range: 77 002€ - 548 989€
NAF 5 année 2023
Valuation method used
Net Income Multiple
149 341 €
×
2.1x
=308 258 €
Range: 77 003€ - 548 989€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 149 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 (Commerce de voitures et de véhicules automobiles légers)
Compare ABS RACE with other companies in the same sector:
Yes, ABS RACE generated a net profit of 149 k€ in 2023.
Where is the headquarters of ABS RACE ?
The headquarters of ABS RACE is located in EPINAY-SUR-SEINE (93800), in the department Seine-Saint-Denis.
Where to find the tax return of ABS RACE ?
The tax return of ABS RACE 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 ABS RACE operate?
ABS RACE operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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