COMMERCE RECHANGE AUTOMOBILES : revenue, balance sheet and financial ratios

COMMERCE RECHANGE AUTOMOBILES is a French company founded 59 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in CHAPONNAY (69970), this company of category GE shows in 2024 a revenue of 224.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - COMMERCE RECHANGE AUTOMOBILES (SIREN 967505660)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 223 982 214 € 224 206 393 € 198 533 412 € 169 563 505 € 136 585 910 € 158 386 395 € 139 511 944 € 130 702 674 € 119 123 691 €
Net income 16 574 318 € 15 712 909 € 13 199 824 € 9 890 217 € 7 410 632 € 6 854 444 € 5 839 678 € 5 975 847 € 5 543 575 €
EBITDA 22 831 895 € 23 213 288 € 20 287 559 € 16 709 136 € 12 095 597 € 12 488 971 € 10 134 286 € 11 180 362 € 9 893 503 €
Net margin 7.4% 7.0% 6.6% 5.8% 5.4% 4.3% 4.2% 4.6% 4.7%

Revenue and income statement

In 2024, COMMERCE RECHANGE AUTOMOBILES achieves revenue of 224.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Slight decline of -0% vs 2023. After deducting consumption (141.2 M€), gross margin stands at 82.8 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 22.8 M€, representing 10.2% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 16.6 M€, i.e. 7.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

223 982 214 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

82 754 583 €

EBITDA (2024) ?
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

22 831 895 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

21 805 743 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

16 574 318 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.2%

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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 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 62%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.237%

Financial autonomy (2024) ?
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

62.418%

Cash flow / Revenue (2024) ?
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

7.858%

Repayment capacity (2024) ?
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

0.013

Asset age ratio (2024) ?
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

33.8%

Solvency indicators evolution
COMMERCE RECHANGE AUTOMOBILES

Sector positioning

Debt ratio
0.24 2024
2022
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Excellent -24 pts over 3 years

In 2024, the debt ratio of COMMERCE RECHANGE AUTOMOB... (0.24) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
62.42% 2024
2022
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Excellent +6 pts over 3 years

In 2024, the financial autonomy of COMMERCE RECHANGE AUTOMOB... (62.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 1.87 years
Good -28 pts over 3 years

In 2024, the repayment capacity of COMMERCE RECHANGE AUTOMOB... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 257.93. 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 2.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2024) ?
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

257.928

Interest coverage (2024) ?
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

2.698

Liquidity indicators evolution
COMMERCE RECHANGE AUTOMOBILES

Sector positioning

Liquidity ratio
257.93 2024
2022
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Good

In 2024, the liquidity ratio of COMMERCE RECHANGE AUTOMOB... (257.93) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
2.7x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.22x
Q3: 10.11x
Good +14 pts over 3 years

In 2024, the interest coverage of COMMERCE RECHANGE AUTOMOB... (2.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 63 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 203 days of revenue, i.e. 126.6 M€ to permanently finance. Over 2016-2024, WCR increased by +222%, requiring additional financing.

Operating WCR (2024) ?
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

126 572 349 €

Customer credit (2024) ?
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

41 j

Supplier credit (2024) ?
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

62 j

Inventory turnover (2024) ?
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

63 j

WCR in days of revenue (2024) ?
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

203 j

WCR and payment terms evolution
COMMERCE RECHANGE AUTOMOBILES

Positioning of COMMERCE RECHANGE AUTOMOBILES in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 21 593 563€ to 76 473 206€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
21593k€ 50089k€ 76473k€
50 089 431 € Range: 21 593 563€ - 76 473 206€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 gros d'équipements automobiles)

Compare COMMERCE RECHANGE AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros d'équipements automobiles

Frequently asked questions about COMMERCE RECHANGE AUTOMOBILES

What is the revenue of COMMERCE RECHANGE AUTOMOBILES ?

The revenue of COMMERCE RECHANGE AUTOMOBILES in 2024 is 224.0 M€.

Is COMMERCE RECHANGE AUTOMOBILES profitable?

Yes, COMMERCE RECHANGE AUTOMOBILES generated a net profit of 16.6 M€ in 2024.

Where is the headquarters of COMMERCE RECHANGE AUTOMOBILES ?

The headquarters of COMMERCE RECHANGE AUTOMOBILES is located in CHAPONNAY (69970), in the department Rhone.

Where to find the tax return of COMMERCE RECHANGE AUTOMOBILES ?

The tax return of COMMERCE RECHANGE 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 COMMERCE RECHANGE AUTOMOBILES operate?

COMMERCE RECHANGE AUTOMOBILES operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.