Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2023-12-20 (2 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: AIX-EN-PROVENCE (13100), Bouches-du-Rhone
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
GAD RACING : revenue, balance sheet and financial ratios
GAD RACING is a French company
founded 2 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in AIX-EN-PROVENCE (13100),
this company of category PME
shows in 2024 a net income negative of -24 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, GAD RACING records a net loss of 24 k€. This deficit will reduce equity on the balance sheet.
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-23 711 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 105%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
104.882%
Financial autonomy (2024)
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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
34.957%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2024
Debt ratio
104.882
Financial autonomy
34.957
Repayment capacity
None
Cash flow / Revenue
None%
Sector positioning
Debt ratio
104.882024
2024
Q1: 4.09
Med: 38.32
Q3: 128.11
Average
In 2024, the debt ratio of GAD RACING (104.88) 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
34.96%2024
2024
Q1: 10.8%
Med: 27.26%
Q3: 53.13%
Good
In 2024, the financial autonomy of GAD RACING (35.0%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 52.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
52.988
Liquidity indicators evolution GAD RACING
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2024
Liquidity ratio
52.988
Interest coverage
None
Sector positioning
Liquidity ratio
52.992024
2024
Q1: 132.95
Med: 200.57
Q3: 385.86
Watch
In 2024, the liquidity ratio of GAD RACING (52.99) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Positioning of GAD RACING in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Similar companies (Commerce de voitures et de véhicules automobiles légers)
Compare GAD RACING with other companies in the same sector:
The revenue of GAD RACING is not publicly disclosed (confidential accounts filed with INPI).
Is GAD RACING profitable?
GAD RACING recorded a net loss in 2024.
Where is the headquarters of GAD RACING ?
The headquarters of GAD RACING is located in AIX-EN-PROVENCE (13100), in the department Bouches-du-Rhone.
Where to find the tax return of GAD RACING ?
The tax return of GAD RACING 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 GAD RACING operate?
GAD RACING 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.
Item evolution
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