ESPACE AUTOMOBILES : revenue, balance sheet and financial ratios

ESPACE AUTOMOBILES is a French company founded 39 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in SENAS (13560), this company of category PME shows in 2021 a revenue of 3.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

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

Financial history - ESPACE AUTOMOBILES (SIREN 340785013)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 3 732 840 € 4 112 387 € 5 427 702 € 7 508 824 € 7 068 012 € 7 634 001 €
Net income -232 644 € -261 326 € -121 703 € 288 846 € 131 807 € 52 515 €
EBITDA -183 601 € -396 969 € -202 648 € 90 529 € 150 601 € 71 294 €
Net margin -6.2% -6.4% -2.2% 3.8% 1.9% 0.7%

Revenue and income statement

In 2021, ESPACE AUTOMOBILES achieves revenue of 3.7 M€. Revenue is declining over the period 2016-2021 (CAGR: -13.3%). Slight decline of -9% vs 2020. After deducting consumption (3.1 M€), gross margin stands at 620 k€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -184 k€, representing -4.9% of revenue. Positive scissor effect: EBITDA margin improves by +4.7 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -233 k€ (-6.2% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 732 840 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

620 421 €

EBITDA (2021) ?
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

-183 601 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-636 551 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-232 644 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-4.9%

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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 137%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

136.792%

Financial autonomy (2021) ?
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

25.773%

Cash flow / Revenue (2021) ?
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

-4.982%

Repayment capacity (2021) ?
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

-5.416

Solvency indicators evolution
ESPACE AUTOMOBILES

Sector positioning

Debt ratio
136.79 2021
2019
2020
2021
Q1: 7.66
Med: 58.53
Q3: 167.91
Average +43 pts over 3 years

In 2021, the debt ratio of ESPACE AUTOMOBILES (136.79) 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
25.77% 2021
2019
2020
2021
Q1: 14.57%
Med: 31.0%
Q3: 53.1%
Average -18 pts over 3 years

In 2021, the financial autonomy of ESPACE AUTOMOBILES (25.8%) 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
-5.42 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.67 years
Q3: 4.7 years
Excellent

In 2021, the repayment capacity of ESPACE AUTOMOBILES (-5.42) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 256.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

256.515

Interest coverage (2021) ?
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

-10.274

Liquidity indicators evolution
ESPACE AUTOMOBILES

Sector positioning

Liquidity ratio
256.51 2021
2019
2020
2021
Q1: 142.11
Med: 211.45
Q3: 377.63
Good +14 pts over 3 years

In 2021, the liquidity ratio of ESPACE AUTOMOBILES (256.51) 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
-10.27x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.82x
Q3: 7.22x
Average

In 2021, the interest coverage of ESPACE AUTOMOBILES (-10.3x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). Overall, WCR represents 16 days of revenue, i.e. 170 k€ to permanently finance. Notable WCR improvement over the period (-88%), freeing up cash.

Operating WCR (2021) ?
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

169 807 €

Customer credit (2021) ?
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

30 j

Supplier credit (2021) ?
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 (2021) ?
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

0 j

WCR in days of revenue (2021) ?
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

16 j

WCR and payment terms evolution
ESPACE AUTOMOBILES

Positioning of ESPACE AUTOMOBILES in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 128 transactions of similar company sales in 2021, the value of ESPACE AUTOMOBILES is estimated at 582 055 € (range 304 596€ - 1 001 110€). 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.

Estimated enterprise value 2021
128 transactions
304k€ 582k€ 1001k€
582 055 € Range: 304 596€ - 1 001 110€
NAF 5 année 2021

Valuation method used

Revenue Multiple
3 732 840 € × 0.16x = 582 056 €
Range: 304 596€ - 1 001 111€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 128 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 ESPACE 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 ESPACE AUTOMOBILES

What is the revenue of ESPACE AUTOMOBILES ?

The revenue of ESPACE AUTOMOBILES in 2021 is 3.7 M€.

Is ESPACE AUTOMOBILES profitable?

ESPACE AUTOMOBILES recorded a net loss in 2021.

Where is the headquarters of ESPACE AUTOMOBILES ?

The headquarters of ESPACE AUTOMOBILES is located in SENAS (13560), in the department Bouches-du-Rhone.

Where to find the tax return of ESPACE AUTOMOBILES ?

The tax return of ESPACE 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 ESPACE AUTOMOBILES operate?

ESPACE 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.