GARAGE DE LA BAIE DE DOUARNENEZ : revenue, balance sheet and financial ratios

GARAGE DE LA BAIE DE DOUARNENEZ is a French company founded 18 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in DOUARNENEZ (29100), this company of category PME shows in 2017 a revenue of 4.2 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

Financial history - GARAGE DE LA BAIE DE DOUARNENEZ (SIREN 503743080)
Indicator 2017 2016 2015
Revenue 4 161 939 € 3 163 888 € 2 740 823 €
Net income 64 811 € 67 793 € 31 373 €
EBITDA 112 261 € 124 307 € 61 558 €
Net margin 1.6% 2.1% 1.1%

Revenue and income statement

In 2017, GARAGE DE LA BAIE DE DOUARNENEZ achieves revenue of 4.2 M€. Over the period 2015-2017, the company shows strong growth with a CAGR (compound annual growth rate) of +23.2%. Vs 2016, growth of +32% (3.2 M€ -> 4.2 M€). After deducting consumption (2.9 M€), gross margin stands at 1.3 M€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 112 k€, representing 2.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 65 k€, i.e. 1.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 161 939 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 261 797 €

EBITDA (2017) ?
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

112 261 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

80 841 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

64 811 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.7%

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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 130%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

129.966%

Financial autonomy (2017) ?
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

23.639%

Cash flow / Revenue (2017) ?
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

1.568%

Repayment capacity (2017) ?
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

6.611

Asset age ratio (2017) ?
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

31.5%

Solvency indicators evolution
GARAGE DE LA BAIE DE DOUARNENEZ

Sector positioning

Debt ratio
129.97 2017
2015
2016
2017
Q1: 4.23
Med: 29.04
Q3: 102.17
Average

In 2017, the debt ratio of GARAGE DE LA BAIE DE DOUA... (129.97) 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
23.64% 2017
2015
2016
2017
Q1: 16.27%
Med: 38.25%
Q3: 57.8%
Average -8 pts over 3 years

In 2017, the financial autonomy of GARAGE DE LA BAIE DE DOUA... (23.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
6.61 years 2017
2015
2016
2017
Q1: 0.0 years
Med: 0.61 years
Q3: 2.55 years
Average

In 2017, the repayment capacity of GARAGE DE LA BAIE DE DOUA... (6.61) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 163.24. 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 5.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2017) ?
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

163.241

Interest coverage (2017) ?
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

5.265

Liquidity indicators evolution
GARAGE DE LA BAIE DE DOUARNENEZ

Sector positioning

Liquidity ratio
163.24 2017
2015
2016
2017
Q1: 111.29
Med: 170.16
Q3: 256.29
Average -13 pts over 3 years

In 2017, the liquidity ratio of GARAGE DE LA BAIE DE DOUA... (163.24) 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
5.26x 2017
2015
2016
2017
Q1: 0.0x
Med: 1.09x
Q3: 5.77x
Good

In 2017, the interest coverage of GARAGE DE LA BAIE DE DOUA... (5.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 56 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 60 days of revenue, i.e. 690 k€ to permanently finance. Over 2015-2017, WCR increased by +45%, requiring additional financing.

Operating WCR (2017) ?
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

689 966 €

Customer credit (2017) ?
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

17 j

Supplier credit (2017) ?
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

42 j

Inventory turnover (2017) ?
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

56 j

WCR in days of revenue (2017) ?
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

60 j

WCR and payment terms evolution
GARAGE DE LA BAIE DE DOUARNENEZ

Positioning of GARAGE DE LA BAIE DE DOUARNENEZ in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 151 transactions of similar company sales in 2017, the value of GARAGE DE LA BAIE DE DOUARNENEZ is estimated at 671 996 € (range 373 431€ - 1 232 044€). With an EBITDA of 112 261€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.31x (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 2017
151 transactions
373k€ 671k€ 1232k€
671 996 € Range: 373 431€ - 1 232 044€
NAF 5 année 2017

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
112 261 € × 4.0x
Estimation 448 696 €
182 843€ - 844 152€
Revenue Multiple 30%
4 161 939 € × 0.31x
Estimation 1 306 945 €
859 075€ - 2 334 288€
Net Income Multiple 20%
64 811 € × 4.3x
Estimation 277 824 €
121 436€ - 548 413€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 151 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 (Entretien et réparation de véhicules automobiles légers)

Compare GARAGE DE LA BAIE DE DOUARNENEZ with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about GARAGE DE LA BAIE DE DOUARNENEZ

What is the revenue of GARAGE DE LA BAIE DE DOUARNENEZ ?

The revenue of GARAGE DE LA BAIE DE DOUARNENEZ in 2017 is 4.2 M€.

Is GARAGE DE LA BAIE DE DOUARNENEZ profitable?

Yes, GARAGE DE LA BAIE DE DOUARNENEZ generated a net profit of 65 k€ in 2017.

Where is the headquarters of GARAGE DE LA BAIE DE DOUARNENEZ ?

The headquarters of GARAGE DE LA BAIE DE DOUARNENEZ is located in DOUARNENEZ (29100), in the department Finistere.

Where to find the tax return of GARAGE DE LA BAIE DE DOUARNENEZ ?

The tax return of GARAGE DE LA BAIE DE DOUARNENEZ 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 GARAGE DE LA BAIE DE DOUARNENEZ operate?

GARAGE DE LA BAIE DE DOUARNENEZ operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.