BLOIS WARSEMANN AUTOMOBILES : revenue, balance sheet and financial ratios

BLOIS WARSEMANN AUTOMOBILES is a French company founded 23 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in BLOIS (41000), this company of category ETI shows in 2023 a revenue of 34.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - BLOIS WARSEMANN AUTOMOBILES (SIREN 444588164)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 34 099 604 € 23 907 202 € 25 601 445 € 23 949 819 € 26 157 857 € 26 981 247 € 28 482 269 € 24 304 205 €
Net income 63 853 € -15 747 € 104 150 € -38 328 € 32 400 € 8 213 € 329 521 € 287 902 €
EBITDA 1 092 865 € 337 475 € 461 252 € 68 503 € 410 133 € 277 074 € 754 628 € 598 069 €
Net margin 0.2% -0.1% 0.4% -0.2% 0.1% 0.0% 1.2% 1.2%

Revenue and income statement

In 2023, BLOIS WARSEMANN AUTOMOBILES achieves revenue of 34.1 M€. Revenue is growing positively over 8 years (CAGR: +5.0%). Vs 2022, growth of +43% (23.9 M€ -> 34.1 M€). After deducting consumption (27.5 M€), gross margin stands at 6.6 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 64 k€, i.e. 0.2% 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

34 099 604 €

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

6 646 644 €

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

1 092 865 €

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

866 409 €

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

63 853 €

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

3.2%

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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 282%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.2% 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

282.082%

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

8.705%

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

1.164%

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

13.357

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

41.6%

Solvency indicators evolution
BLOIS WARSEMANN AUTOMOBILES

Sector positioning

Debt ratio
282.08 2023
2021
2022
2023
Q1: 5.31
Med: 46.55
Q3: 142.32
Average +18 pts over 3 years

In 2023, the debt ratio of BLOIS WARSEMANN AUTOMOBILES (282.08) 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
8.71% 2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Average

In 2023, the financial autonomy of BLOIS WARSEMANN AUTOMOBILES (8.7%) 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
13.36 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 4.09 years
Average

In 2023, the repayment capacity of BLOIS WARSEMANN AUTOMOBILES (13.36) 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 138.21. 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 71.1x. 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

138.206

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

71.13

Liquidity indicators evolution
BLOIS WARSEMANN AUTOMOBILES

Sector positioning

Liquidity ratio
138.21 2023
2021
2022
2023
Q1: 135.04
Med: 203.84
Q3: 381.78
Average

In 2023, the liquidity ratio of BLOIS WARSEMANN AUTOMOBILES (138.21) 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
71.13x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.09x
Q3: 18.9x
Excellent

In 2023, the interest coverage of BLOIS WARSEMANN AUTOMOBILES (71.1x) 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: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 132 days. Excellent situation: suppliers finance 100 days of the operating cycle (retail model). Inventory turnover is 128 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 182 days of revenue, i.e. 17.3 M€ to permanently finance. Over 2016-2023, WCR increased by +83%, 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

17 263 607 €

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

32 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

132 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

128 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

182 j

WCR and payment terms evolution
BLOIS WARSEMANN AUTOMOBILES

Positioning of BLOIS WARSEMANN 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 BLOIS WARSEMANN AUTOMOBILES is estimated at 2 047 840 € (range 912 310€ - 5 100 524€). With an EBITDA of 1 092 865€, 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
912k€ 2047k€ 5100k€
2 047 840 € Range: 912 310€ - 5 100 524€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 092 865 € × 1.3x
Estimation 1 451 457 €
363 367€ - 3 709 764€
Revenue Multiple 30%
34 099 604 € × 0.13x
Estimation 4 319 173 €
2 413 475€ - 10 662 324€
Net Income Multiple 20%
63 853 € × 2.1x
Estimation 131 800 €
32 924€ - 234 729€

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 BLOIS WARSEMANN 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 BLOIS WARSEMANN AUTOMOBILES

What is the revenue of BLOIS WARSEMANN AUTOMOBILES ?

The revenue of BLOIS WARSEMANN AUTOMOBILES in 2023 is 34.1 M€.

Is BLOIS WARSEMANN AUTOMOBILES profitable?

Yes, BLOIS WARSEMANN AUTOMOBILES generated a net profit of 64 k€ in 2023.

Where is the headquarters of BLOIS WARSEMANN AUTOMOBILES ?

The headquarters of BLOIS WARSEMANN AUTOMOBILES is located in BLOIS (41000), in the department Loir-et-Cher.

Where to find the tax return of BLOIS WARSEMANN AUTOMOBILES ?

The tax return of BLOIS WARSEMANN 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 BLOIS WARSEMANN AUTOMOBILES operate?

BLOIS WARSEMANN 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.