SIREN : 484485941
EVOLUTION 23 is a French company founded 20 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in GUERET (23000), this company of category PME shows in 2024 a revenue of 2.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 437 568 € | 2 603 380 € | 1 709 610 € | 2 108 214 € | 2 525 511 € | 2 736 515 € | 2 262 781 € | 2 012 584 € |
| Net income | -9 916 € | 33 788 € | -13 025 € | 46 770 € | 77 486 € | 82 133 € | 66 795 € | 55 150 € |
| EBITDA | 1 359 € | 51 057 € | -13 608 € | 53 885 € | 107 646 € | 117 923 € | 84 857 € | 87 457 € |
| Net margin | -0.4% | 1.3% | -0.8% | 2.2% | 3.1% | 3.0% | 3.0% | 2.7% |
In 2024, EVOLUTION 23 achieves revenue of 2.4 M€. Revenue is growing positively over 8 years (CAGR: +2.8%). Slight decline of -6% vs 2023. After deducting consumption (2.0 M€), gross margin stands at 432 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1 k€, representing 0.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -10 k€ (-0.4% of revenue), which will impact equity.
2 437 568 €
432 306 €
1 359 €
6 275 €
-9 916 €
0.1%
The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.
74.383%
38.852%
-0.529%
-21.574
15.0%
In 2024, the debt ratio of EVOLUTION 23 (74.38) 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 2024, the financial autonomy of EVOLUTION 23 (38.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of EVOLUTION 23 (-21.57) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 296.30. 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 1191.5x. Operating income very largely covers interest expenses: high safety margin.
296.304
1191.464
In 2024, the liquidity ratio of EVOLUTION 23 (296.30) 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.
In 2024, the interest coverage of EVOLUTION 23 (1191.5x) 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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. Excellent situation: suppliers finance 38 days of the operating cycle (retail model). Inventory turnover is 126 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 130 days of revenue, i.e. 883 k€ to permanently finance. Over 2017-2024, WCR increased by +31%, requiring additional financing.
883 302 €
9 j
47 j
126 j
130 j
Based on 148 transactions of similar company sales in 2024, the value of EVOLUTION 23 is estimated at 147 992 € (range 67 474€ - 260 755€). With an EBITDA of 1 359€, the sector multiple of 1.6x 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 EVOLUTION 23 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of EVOLUTION 23 in 2024 is 2.4 M€.
EVOLUTION 23 recorded a net loss in 2024.
The headquarters of EVOLUTION 23 is located in GUERET (23000), in the department Creuse.
The tax return of EVOLUTION 23 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).
EVOLUTION 23 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.