SIREN : 799455092
CARS 21 is a French company founded 12 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in CHENOVE (21300), this company of category PME shows in 2022 a revenue of 7.4 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 360 299 € | 2 440 285 € | 2 116 347 € | 2 261 078 € | 2 729 594 € | 3 371 220 € | 3 130 008 € | 3 792 675 € |
| Net income | 67 386 € | 21 406 € | 39 339 € | 41 873 € | 24 466 € | 25 086 € | 49 175 € | 79 325 € |
| EBITDA | 84 741 € | 56 413 € | 77 705 € | 74 538 € | 45 427 € | 34 706 € | 73 734 € | 102 356 € |
| Net margin | 0.9% | 0.9% | 1.9% | 1.9% | 0.9% | 0.7% | 1.6% | 2.1% |
In 2022, CARS 21 achieves revenue of 7.4 M€. Over the period 2015-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +9.9%. Vs 2021, growth of +202% (2.4 M€ -> 7.4 M€). After deducting consumption (6.8 M€), gross margin stands at 600 k€, i.e. a rate of 8%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 85 k€, representing 1.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 67 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.
7 360 299 €
599 730 €
84 741 €
72 735 €
67 386 €
1.2%
The debt ratio (= Financial debt / Equity x 100) stands at 205%. 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 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
205.197%
27.507%
1.073%
4.945
50.5%
In 2022, the debt ratio of CARS 21 (205.20) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2022, the financial autonomy of CARS 21 (27.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of CARS 21 (4.95) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 201.86. 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 20.3x. Operating income very largely covers interest expenses: high safety margin.
201.861
20.318
In 2022, the liquidity ratio of CARS 21 (201.86) 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.
In 2022, the interest coverage of CARS 21 (20.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 7 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 58 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2015-2022, WCR increased by +358%, requiring additional financing.
1 184 640 €
12 j
7 j
39 j
58 j
Based on 148 transactions of similar company sales in 2022, the value of CARS 21 is estimated at 438 706 € (range 244 036€ - 1 303 633€). With an EBITDA of 84 741€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.16x (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.
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This estimate is based on the analysis of 148 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CARS 21 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of CARS 21 in 2022 is 7.4 M€.
Yes, CARS 21 generated a net profit of 67 k€ in 2022.
The headquarters of CARS 21 is located in CHENOVE (21300), in the department Cote-d'Or.
The tax return of CARS 21 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).
CARS 21 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.