AUDACE AUTOMOBILES : revenue, balance sheet and financial ratios

AUDACE AUTOMOBILES is a French company founded 8 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in RENNES (35000), this company of category ETI shows in 2025 a revenue of 9.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - AUDACE AUTOMOBILES (SIREN 834184806)
Indicator 2025 2024 2023 2022 2021 2019 2018 2017
Revenue 9 389 380 € 7 746 954 € 5 214 456 € 4 079 411 € 3 404 928 € 1 813 707 € N/C N/C
Net income 126 859 € 59 092 € -190 702 € -727 € -224 508 € -158 500 € -1 316 € -1 729 €
EBITDA 162 464 € -39 309 € -41 462 € 47 703 € -235 301 € -93 660 € -1 385 € -1 729 €
Net margin 1.4% 0.8% -3.7% -0.0% -6.6% -8.7% N/C N/C

Revenue and income statement

In 2025, AUDACE AUTOMOBILES achieves revenue of 9.4 M€. Over the period 2019-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +31.5%. Vs 2024, growth of +21% (7.7 M€ -> 9.4 M€). After deducting consumption (8.3 M€), gross margin stands at 1.1 M€, i.e. a rate of 12%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 162 k€, representing 1.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.2 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 127 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

9 389 380 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 136 162 €

EBITDA (2025) ?
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

162 464 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

159 390 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

126 859 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.7%

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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 50%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

49.8%

Financial autonomy (2025) ?
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

20.312%

Cash flow / Revenue (2025) ?
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

1.386%

Repayment capacity (2025) ?
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

2.625

Asset age ratio (2025) ?
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

42.2%

Solvency indicators evolution
AUDACE AUTOMOBILES

Sector positioning

Debt ratio
49.8 2025
2023
2024
2025
Q1: 4.45
Med: 28.14
Q3: 98.29
Average -17 pts over 3 years

In 2025, the debt ratio of AUDACE AUTOMOBILES (49.80) 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
20.31% 2025
2023
2024
2025
Q1: 21.55%
Med: 46.18%
Q3: 67.72%
Watch

In 2025, the financial autonomy of AUDACE AUTOMOBILES (20.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
2.62 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.8 years
Q3: 4.21 years
Average +38 pts over 3 years

In 2025, the repayment capacity of AUDACE AUTOMOBILES (2.62) 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 114.98. 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 22.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

114.977

Interest coverage (2025) ?
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

22.054

Liquidity indicators evolution
AUDACE AUTOMOBILES

Sector positioning

Liquidity ratio
114.98 2025
2023
2024
2025
Q1: 178.81
Med: 299.18
Q3: 561.24
Watch -8 pts over 3 years

In 2025, the liquidity ratio of AUDACE AUTOMOBILES (114.98) 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
22.05x 2025
2023
2024
2025
Q1: 0.0x
Med: 2.1x
Q3: 16.54x
Excellent +50 pts over 3 years

In 2025, the interest coverage of AUDACE AUTOMOBILES (22.1x) 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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. Excellent situation: suppliers finance 62 days of the operating cycle (retail model). Inventory turnover is 66 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 94 days of revenue, i.e. 2.4 M€ to permanently finance.

Operating WCR (2025) ?
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

2 447 060 €

Customer credit (2025) ?
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

25 j

Supplier credit (2025) ?
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

87 j

Inventory turnover (2025) ?
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

66 j

WCR in days of revenue (2025) ?
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

94 j

WCR and payment terms evolution
AUDACE AUTOMOBILES

Positioning of AUDACE AUTOMOBILES in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 113 transactions of similar company sales in 2025, the value of AUDACE AUTOMOBILES is estimated at 754 410 € (range 380 301€ - 1 264 553€). With an EBITDA of 162 464€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (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 2025
113 transactions
380k€ 754k€ 1264k€
754 410 € Range: 380 301€ - 1 264 553€
NAF 5 année 2025

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
162 464 € × 0.7x
Estimation 117 436 €
48 269€ - 430 051€
Revenue Multiple 30%
9 389 380 € × 0.21x
Estimation 1 958 242 €
1 072 144€ - 2 906 577€
Net Income Multiple 20%
126 859 € × 4.3x
Estimation 541 096 €
172 616€ - 887 774€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 113 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 AUDACE AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about AUDACE AUTOMOBILES

What is the revenue of AUDACE AUTOMOBILES ?

The revenue of AUDACE AUTOMOBILES in 2025 is 9.4 M€.

Is AUDACE AUTOMOBILES profitable?

Yes, AUDACE AUTOMOBILES generated a net profit of 127 k€ in 2025.

Where is the headquarters of AUDACE AUTOMOBILES ?

The headquarters of AUDACE AUTOMOBILES is located in RENNES (35000), in the department Ille-et-Vilaine.

Where to find the tax return of AUDACE AUTOMOBILES ?

The tax return of AUDACE AUTOMOBILES 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 AUDACE AUTOMOBILES operate?

AUDACE AUTOMOBILES 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.