FORGE GLAN'OR MOTOCULTURE : revenue, balance sheet and financial ratios

FORGE GLAN'OR MOTOCULTURE is a French company founded 21 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in CHANVERRIE (85130), this company of category PME shows in 2020 a revenue of 490 k€. 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 - FORGE GLAN'OR MOTOCULTURE (SIREN 481766590)
Indicator 2020 2019 2018 2017
Revenue 489 930 € 363 353 € 346 998 € 320 792 €
Net income 6 514 € 16 222 € 22 199 € 11 124 €
EBITDA 5 275 € 189 645 € 185 593 € 186 162 €
Net margin 1.3% 4.5% 6.4% 3.5%

Revenue and income statement

In 2020, FORGE GLAN'OR MOTOCULTURE achieves revenue of 490 k€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +15.2%. Vs 2019, growth of +35% (363 k€ -> 490 k€). After deducting consumption (19 k€), gross margin stands at 471 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 1.1% of revenue. Warning negative scissor effect: despite revenue change (+35%), EBITDA varies by -97%, reducing margin by 51.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 1.3% of revenue. This profit can be retained or distributed to shareholders.

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

489 930 €

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

470 611 €

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

5 275 €

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

11 202 €

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

6 514 €

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

1.1%

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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 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 256.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

67.46%

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

35.055%

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

0.047%

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

256.59

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

29.9%

Solvency indicators evolution
FORGE GLAN'OR MOTOCULTURE

Sector positioning

Debt ratio
67.46 2020
2018
2019
2020
Q1: 2.04
Med: 22.36
Q3: 76.78
Average

In 2020, the debt ratio of FORGE GLAN'OR MOTOCULTURE (67.46) 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
35.05% 2020
2018
2019
2020
Q1: 19.17%
Med: 39.34%
Q3: 58.19%
Average +9 pts over 3 years

In 2020, the financial autonomy of FORGE GLAN'OR MOTOCULTURE (35.0%) 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
256.59 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.22 years
Q3: 2.11 years
Watch +15 pts over 3 years

In 2020, the repayment capacity of FORGE GLAN'OR MOTOCULTURE (256.59) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 199.36. 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 35.1x. Operating income very largely covers interest expenses: high safety margin.

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

199.364

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

35.147

Liquidity indicators evolution
FORGE GLAN'OR MOTOCULTURE

Sector positioning

Liquidity ratio
199.36 2020
2018
2019
2020
Q1: 164.48
Med: 238.0
Q3: 339.62
Average +18 pts over 3 years

In 2020, the liquidity ratio of FORGE GLAN'OR MOTOCULTURE (199.36) 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.

Interest coverage
35.15x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.21x
Q3: 1.97x
Excellent +13 pts over 3 years

In 2020, the interest coverage of FORGE GLAN'OR MOTOCULTURE (35.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 57 days of revenue, i.e. 77 k€ to permanently finance.

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

77 081 €

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

54 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

46 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

28 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

57 j

WCR and payment terms evolution
FORGE GLAN'OR MOTOCULTURE

Positioning of FORGE GLAN'OR MOTOCULTURE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of FORGE GLAN'OR MOTOCULTURE is estimated at 43 916 € (range 24 055€ - 115 273€). With an EBITDA of 5 275€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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 2020
104 transactions
24k€ 43k€ 115k€
43 916 € Range: 24 055€ - 115 273€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 275 € × 1.0x
Estimation 5 424 €
3 744€ - 17 745€
Revenue Multiple 30%
489 930 € × 0.27x
Estimation 131 744 €
70 252€ - 334 598€
Net Income Multiple 20%
6 514 € × 1.3x
Estimation 8 407 €
5 541€ - 30 108€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare FORGE GLAN'OR MOTOCULTURE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about FORGE GLAN'OR MOTOCULTURE

What is the revenue of FORGE GLAN'OR MOTOCULTURE ?

The revenue of FORGE GLAN'OR MOTOCULTURE in 2020 is 490 k€.

Is FORGE GLAN'OR MOTOCULTURE profitable?

Yes, FORGE GLAN'OR MOTOCULTURE generated a net profit of 7 k€ in 2020.

Where is the headquarters of FORGE GLAN'OR MOTOCULTURE ?

The headquarters of FORGE GLAN'OR MOTOCULTURE is located in CHANVERRIE (85130), in the department Vendee.

Where to find the tax return of FORGE GLAN'OR MOTOCULTURE ?

The tax return of FORGE GLAN'OR MOTOCULTURE 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 FORGE GLAN'OR MOTOCULTURE operate?

FORGE GLAN'OR MOTOCULTURE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.