ADOUR CARROSSERIE RAPIDE : revenue, balance sheet and financial ratios

In 2024, ADOUR CARROSSERIE RAPIDE achieves revenue of 127 k€. Revenue is growing positively over 3 years (CAGR: +2.1%). Significant drop of -11% vs 2023. After deducting consumption (38 k€), gross margin stands at 89 k€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 358 €, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -96%, reducing margin by 6.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -2 k€ (-1.5% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -94%. 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 -294%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 215.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 60.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. Excellent situation: suppliers finance 42 days of the operating cycle (retail model). Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 7 days of revenue, i.e. 2 k€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.

Based on 147 transactions of similar company sales in 2024, the value of ADOUR CARROSSERIE RAPIDE is estimated at 17 796 € (range 11 448€ - 33 085€). With an EBITDA of 358€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.35x (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.