CAP-SERVICES-MERIGNAC AEROPORT : revenue, balance sheet and financial ratios

CAP-SERVICES-MERIGNAC AEROPORT is a French company founded 40 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in MERIGNAC (33700), this company of category PME shows in 2020 a revenue of 3.1 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 - CAP-SERVICES-MERIGNAC AEROPORT (SIREN 333673127)
Indicator 2020 2019 2018 2016
Revenue 3 110 517 € 3 936 505 € 3 596 998 € 3 715 534 €
Net income 2 422 € 18 133 € 17 950 € 58 003 €
EBITDA 29 556 € 66 515 € 59 986 € -91 757 €
Net margin 0.1% 0.5% 0.5% 1.6%

Revenue and income statement

In 2020, CAP-SERVICES-MERIGNAC AEROPORT achieves revenue of 3.1 M€. Activity remains stable over the period (CAGR: -4.3%). Significant drop of -21% vs 2019. After deducting consumption (1.5 M€), gross margin stands at 1.6 M€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 1.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 110 517 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 605 652 €

EBITDA (2020) ?
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

29 556 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 954 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 422 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.9%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 133%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 51.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

132.89%

Financial autonomy (2020) ?
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

14.15%

Cash flow / Revenue (2020) ?
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

0.37%

Repayment capacity (2020) ?
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

51.425

Asset age ratio (2020) ?
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

30.8%

Solvency indicators evolution
CAP-SERVICES-MERIGNAC AEROPORT

Sector positioning

Debt ratio
132.89 2020
2018
2019
2020
Q1: 6.24
Med: 41.16
Q3: 127.19
Average +26 pts over 3 years

In 2020, the debt ratio of CAP-SERVICES-MERIGNAC AER... (132.89) 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
14.15% 2020
2018
2019
2020
Q1: 17.5%
Med: 39.23%
Q3: 59.04%
Average -6 pts over 3 years

In 2020, the financial autonomy of CAP-SERVICES-MERIGNAC AER... (14.2%) 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
51.42 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.47 years
Q3: 3.32 years
Watch

In 2020, the repayment capacity of CAP-SERVICES-MERIGNAC AER... (51.42) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 123.81. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

123.808

Interest coverage (2020) ?
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

7.186

Liquidity indicators evolution
CAP-SERVICES-MERIGNAC AEROPORT

Sector positioning

Liquidity ratio
123.81 2020
2018
2019
2020
Q1: 139.56
Med: 214.86
Q3: 320.34
Watch

In 2020, the liquidity ratio of CAP-SERVICES-MERIGNAC AER... (123.81) 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
7.19x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.22x
Q3: 3.12x
Excellent

In 2020, the interest coverage of CAP-SERVICES-MERIGNAC AER... (7.2x) 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: 115 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 174 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Inventory turnover is 42 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 204 days of revenue, i.e. 1.8 M€ to permanently finance. Notable WCR improvement over the period (-31%), freeing up cash.

Operating WCR (2020) ?
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

1 759 340 €

Customer credit (2020) ?
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

115 j

Supplier credit (2020) ?
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

174 j

Inventory turnover (2020) ?
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

42 j

WCR in days of revenue (2020) ?
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

204 j

WCR and payment terms evolution
CAP-SERVICES-MERIGNAC AEROPORT

Positioning of CAP-SERVICES-MERIGNAC AEROPORT in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 104 transactions of similar company sales in 2020, the value of CAP-SERVICES-MERIGNAC AEROPORT is estimated at 290 610 € (range 147 048€ - 452 646€). With an EBITDA of 29 556€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.26x (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 2020
104 transactions
147k€ 290k€ 452k€
290 610 € Range: 147 048€ - 452 646€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
29 556 € × 3.4x
Estimation 99 494 €
38 777€ - 185 549€
Revenue Multiple 30%
3 110 517 € × 0.26x
Estimation 796 834 €
423 090€ - 1 183 963€
Net Income Multiple 20%
2 422 € × 3.7x
Estimation 9 065 €
3 663€ - 23 417€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Entretien et réparation de véhicules automobiles légers)

Compare CAP-SERVICES-MERIGNAC AEROPORT with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about CAP-SERVICES-MERIGNAC AEROPORT

What is the revenue of CAP-SERVICES-MERIGNAC AEROPORT ?

The revenue of CAP-SERVICES-MERIGNAC AEROPORT in 2020 is 3.1 M€.

Is CAP-SERVICES-MERIGNAC AEROPORT profitable?

Yes, CAP-SERVICES-MERIGNAC AEROPORT generated a net profit of 2 k€ in 2020.

Where is the headquarters of CAP-SERVICES-MERIGNAC AEROPORT ?

The headquarters of CAP-SERVICES-MERIGNAC AEROPORT is located in MERIGNAC (33700), in the department Gironde.

Where to find the tax return of CAP-SERVICES-MERIGNAC AEROPORT ?

The tax return of CAP-SERVICES-MERIGNAC AEROPORT 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 CAP-SERVICES-MERIGNAC AEROPORT operate?

CAP-SERVICES-MERIGNAC AEROPORT operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.