SIREN : 386650337
GAP AUTOMOBILES is a French company founded 60 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in GAP (05000), this company of category ETI shows in 2024 a revenue of 48.5 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 48 517 857 € | 46 578 551 € | 43 199 278 € | 37 584 430 € | 33 285 282 € | 34 935 588 € | 34 466 984 € | 32 244 595 € | 30 488 259 € |
| Net income | 911 153 € | 839 303 € | 847 851 € | 713 669 € | 286 071 € | 400 535 € | 409 783 € | 385 955 € | 349 927 € |
| EBITDA | 1 872 994 € | 1 705 669 € | 1 593 633 € | 1 445 439 € | 701 039 € | 1 003 087 € | 752 020 € | 940 741 € | 759 371 € |
| Net margin | 1.9% | 1.8% | 2.0% | 1.9% | 0.9% | 1.1% | 1.2% | 1.2% | 1.1% |
In 2024, GAP AUTOMOBILES achieves revenue of 48.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.0%. Vs 2023: +4%. After deducting consumption (40.3 M€), gross margin stands at 8.2 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.9 M€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 911 k€, i.e. 1.9% of revenue. This profit can be retained or distributed to shareholders.
48 517 857 €
8 180 705 €
1 872 994 €
1 508 986 €
911 153 €
3.9%
The debt ratio (= Financial debt / Equity x 100) stands at 68%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
67.504%
13.62%
2.603%
1.583
46.9%
In 2024, the debt ratio of GAP AUTOMOBILES (67.50) 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 GAP AUTOMOBILES (13.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of GAP AUTOMOBILES (1.58) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 122.97. 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 30.9x. Operating income very largely covers interest expenses: high safety margin.
122.975
30.9
In 2024, the liquidity ratio of GAP AUTOMOBILES (122.97) 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.
In 2024, the interest coverage of GAP AUTOMOBILES (30.9x) 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 124 days. Excellent situation: suppliers finance 119 days of the operating cycle (retail model). Inventory turnover is 107 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 142 days of revenue, i.e. 19.1 M€ to permanently finance. Over 2016-2024, WCR increased by +64%, requiring additional financing.
19 139 809 €
5 j
124 j
107 j
142 j
Based on 148 transactions of similar company sales in 2024, the value of GAP AUTOMOBILES is estimated at 4 320 904 € (range 1 884 963€ - 7 878 821€). With an EBITDA of 1 872 994€, 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 GAP AUTOMOBILES with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of GAP AUTOMOBILES in 2024 is 48.5 M€.
Yes, GAP AUTOMOBILES generated a net profit of 911 k€ in 2024.
The headquarters of GAP AUTOMOBILES is located in GAP (05000), in the department Hautes-Alpes.
The tax return of GAP 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).
GAP 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.