ECOVRAC SA : revenue, balance sheet and financial ratios

ECOVRAC SA is a French company founded 62 years ago, specialized in the sector Fabrication de carrosseries et remorques. Based in SAINT-CARADEC (22600), this company of category PME shows in 2020 a revenue of 10.6 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 - ECOVRAC SA (SIREN 496880378)
Indicator 2020 2019 2018 2017 2016 2015 2014
Revenue 10 574 970 € 10 596 157 € 9 590 692 € 10 419 990 € 10 460 119 € 9 463 813 € 8 297 443 €
Net income 825 977 € 495 766 € 465 324 € 772 077 € 571 684 € 509 563 € 487 237 €
EBITDA 1 246 644 € 1 041 334 € 797 001 € 1 109 855 € 977 016 € 800 512 € 578 764 €
Net margin 7.8% 4.7% 4.9% 7.4% 5.5% 5.4% 5.9%

Revenue and income statement

En 2020, ECOVRAC SA alcanza unos ingresos de 10.6 M€. Los ingresos crecen positivamente durante 7 años (TCAC: +4.1%). Ligera caída de -0% vs 2019. Tras deducir el consumo (4.7 M€), el margen bruto se sitúa en 5.9 M€, es decir, una tasa del 56%. El EBITDA alcanza 1.2 M€, representando el 11.8% de los ingresos. Este nivel de margen operativo es satisfactorio para el sector. El resultado neto asciende a 826 k€, es decir, el 7.8% de los ingresos.

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

10 574 970 €

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

5 904 687 €

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

1 246 644 €

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

1 155 596 €

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

825 977 €

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

11.8%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 10%. Este nivel muy bajo refleja una estructura financiera sólida. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 71%. Esta alta autonomía significa que la empresa financia la mayoría de sus activos con fondos propios. La capacidad de reembolso indica que se necesitarían 0.8 años de flujo de caja. Este corto período demuestra una excelente sostenibilidad de la deuda. El flujo de caja representa el 6.3% de los ingresos. Nivel satisfactorio que permite financiar parcialmente el crecimiento.

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

9.564%

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

71.116%

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

6.293%

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

0.849

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

11.3%

Solvency indicators evolution
ECOVRAC SA

Sector positioning

Ratio de endeudamiento
9.56 2020
2018
2019
2020
Q1: 7.58
Med: 39.69
Q3: 108.35
Bueno -6 pts over 3 years

En 2020, el ratio de endeudamiento de ECOVRAC SA (9.56) se sitúa por debajo de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Esta posición controlada refleja una gestión prudente.

Autonomía financiera
71.12% 2020
2018
2019
2020
Q1: 22.69%
Med: 38.37%
Q3: 56.24%
Excelente

En 2020, el autonomía financiera de ECOVRAC SA (71.1%) se sitúa en el top 25% del sector. Este ratio representa la parte del patrimonio en la financiación total. Alta autonomía refleja independencia financiera y capacidad para absorber choques.

Capacidad de reembolso
0.85 ans 2020
2018
2019
2020
Q1: 0.0 ans
Med: 1.09 ans
Q3: 3.88 ans
Bueno

En 2020, el capacidad de reembolso de ECOVRAC SA (0.8 an) se sitúa por debajo de la mediana del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Esta posición controlada refleja una gestión prudente.

Liquidity ratios

El ratio de liquidez se sitúa en 470.74. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 0.4x. Peligro: el resultado de explotación no cubre los gastos financieros.

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

470.737

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

0.369

Liquidity indicators evolution
ECOVRAC SA

Sector positioning

Ratio de liquidez
470.74 2020
2018
2019
2020
Q1: 171.4
Med: 232.56
Q3: 328.04
Excelente

En 2020, el ratio de liquidez de ECOVRAC SA (470.74) se sitúa en el top 25% del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Un ratio superior a 1 asegura cobertura cómoda de vencimientos a corto plazo.

Cobertura de intereses
0.37x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.86x
Q3: 3.4x
Average -12 pts over 3 years

En 2020, el cobertura de intereses de ECOVRAC SA (0.4x) se sitúa por debajo de la mediana del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Una mejora fortalecería la posición competitiva.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 24 días. Plazo proveedores: 50 días. Situación favorable. La rotación de existencias es de 99 días. Este alto nivel inmoviliza tesorería y potencialmente crea riesgo de obsolescencia. El FM representa 105 días de ingresos. En 2014-2020, el FM aumentó en +23%.

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

3 069 914 €

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

24 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

50 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

99 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

105 j

WCR and payment terms evolution
ECOVRAC SA

Positioning of ECOVRAC SA in its sector

Comparison with sector Fabrication de carrosseries et remorques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 541 849€ to 1 892 131€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2020
Indicative
541k€ 1130k€ 1892k€
1 130 597 € Range: 541 849€ - 1 892 131€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 31 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 (Fabrication de carrosseries et remorques)

Compare ECOVRAC SA with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de carrosseries et remorques

Frequently asked questions about ECOVRAC SA

What is the revenue of ECOVRAC SA ?

The revenue of ECOVRAC SA in 2020 is 10.6 M€.

Is ECOVRAC SA profitable?

Yes, ECOVRAC SA generated a net profit of 826 k€ in 2020.

Where is the headquarters of ECOVRAC SA ?

The headquarters of ECOVRAC SA is located in SAINT-CARADEC (22600), in the department Cotes-d'Armor.

Where to find the tax return of ECOVRAC SA ?

The tax return of ECOVRAC SA 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 ECOVRAC SA operate?

ECOVRAC SA operates in the sector Fabrication de carrosseries et remorques (NAF code 29.20Z). See the 'Sector positioning' section above to compare the company with its competitors.