AVIGNON SERVICE AUTOMOBILES : revenue, balance sheet and financial ratios

AVIGNON SERVICE AUTOMOBILES is a French company founded 8 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in AVIGNON (84000), this company of category ETI shows in 2023 a revenue of 77.1 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 - AVIGNON SERVICE AUTOMOBILES (SIREN 839718004)
Indicator 2023 2022 2021 2020 2019 2018
Revenue 77 132 109 € 72 820 985 € 64 493 001 € 55 495 920 € 53 775 682 € 28 178 562 €
Net income 557 648 € 1 103 707 € 559 096 € -159 279 € -164 506 € 93 570 €
EBITDA 1 106 864 € 1 778 557 € 913 302 € -372 941 € 52 700 € 338 845 €
Net margin 0.7% 1.5% 0.9% -0.3% -0.3% 0.3%

Revenue and income statement

In 2023, AVIGNON SERVICE AUTOMOBILES achieves revenue of 77.1 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +22.3%. Vs 2022: +6%. After deducting consumption (65.4 M€), gross margin stands at 11.7 M€, i.e. a rate of 15%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 1.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 558 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

77 132 109 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

11 682 379 €

EBITDA (2023) ?
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

1 106 864 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 229 259 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

557 648 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.4%

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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 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

99.055%

Financial autonomy (2023) ?
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

9.879%

Cash flow / Revenue (2023) ?
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

0.545%

Repayment capacity (2023) ?
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

8.221

Asset age ratio (2023) ?
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

47.3%

Solvency indicators evolution
AVIGNON SERVICE AUTOMOBILES

Sector positioning

Debt ratio
99.06 2023
2021
2022
2023
Q1: 5.35
Med: 46.58
Q3: 142.41
Average -11 pts over 3 years

In 2023, the debt ratio of AVIGNON SERVICE AUTOMOBILES (99.06) 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
9.88% 2023
2021
2022
2023
Q1: 10.97%
Med: 26.91%
Q3: 51.24%
Average

In 2023, the financial autonomy of AVIGNON SERVICE AUTOMOBILES (9.9%) 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
8.22 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 4.09 years
Average

In 2023, the repayment capacity of AVIGNON SERVICE AUTOMOBILES (8.22) 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 115.99. 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 38.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

115.994

Interest coverage (2023) ?
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

38.916

Liquidity indicators evolution
AVIGNON SERVICE AUTOMOBILES

Sector positioning

Liquidity ratio
115.99 2023
2021
2022
2023
Q1: 135.15
Med: 203.86
Q3: 381.72
Average

In 2023, the liquidity ratio of AVIGNON SERVICE AUTOMOBILES (115.99) 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
38.92x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.1x
Q3: 18.92x
Excellent

In 2023, the interest coverage of AVIGNON SERVICE AUTOMOBILES (38.9x) 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: 15 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Excellent situation: suppliers finance 95 days of the operating cycle (retail model). Inventory turnover is 113 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 128 days of revenue, i.e. 27.4 M€ to permanently finance. Over 2018-2023, WCR increased by +23%, requiring additional financing.

Operating WCR (2023) ?
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

27 448 232 €

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

15 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

110 j

Inventory turnover (2023) ?
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

113 j

WCR in days of revenue (2023) ?
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

128 j

WCR and payment terms evolution
AVIGNON SERVICE AUTOMOBILES

Positioning of AVIGNON SERVICE AUTOMOBILES 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 AVIGNON SERVICE AUTOMOBILES is estimated at 3 896 180 € (range 1 879 275€ - 9 523 974€). With an EBITDA of 1 106 864€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.13x (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 2023
149 transactions
1879k€ 3896k€ 9523k€
3 896 180 € Range: 1 879 275€ - 9 523 974€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 106 864 € × 1.3x
Estimation 1 470 049 €
368 021€ - 3 757 284€
Revenue Multiple 30%
77 132 109 € × 0.13x
Estimation 9 769 818 €
5 459 195€ - 24 117 803€
Net Income Multiple 20%
557 648 € × 2.1x
Estimation 1 151 054 €
287 534€ - 2 049 957€

Valuation evolution

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 AVIGNON SERVICE 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 AVIGNON SERVICE AUTOMOBILES

What is the revenue of AVIGNON SERVICE AUTOMOBILES ?

The revenue of AVIGNON SERVICE AUTOMOBILES in 2023 is 77.1 M€.

Is AVIGNON SERVICE AUTOMOBILES profitable?

Yes, AVIGNON SERVICE AUTOMOBILES generated a net profit of 558 k€ in 2023.

Where is the headquarters of AVIGNON SERVICE AUTOMOBILES ?

The headquarters of AVIGNON SERVICE AUTOMOBILES is located in AVIGNON (84000), in the department Vaucluse.

Where to find the tax return of AVIGNON SERVICE AUTOMOBILES ?

The tax return of AVIGNON SERVICE 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 AVIGNON SERVICE AUTOMOBILES operate?

AVIGNON SERVICE 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.