GARAGE DE LA MER : revenue, balance sheet and financial ratios

GARAGE DE LA MER is a French company founded 12 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in SIX-FOURS-LES-PLAGES (83140), this company of category PME shows in 2023 a revenue of 1.4 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

Financial history - GARAGE DE LA MER (SIREN 794080473)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 1 356 489 € 1 205 055 € 1 362 634 € 1 005 870 € 1 199 795 € 1 134 878 € 1 191 344 € 1 459 356 €
Net income 47 767 € 29 465 € 40 158 € 50 422 € 63 760 € 41 384 € 35 990 € 43 671 € -21 252 €
EBITDA N/C 50 740 € 38 204 € 80 613 € 58 946 € 49 845 € 70 042 € 83 714 € -5 244 €
Net margin N/C 2.2% 3.3% 3.7% 6.3% 3.4% 3.2% 3.7% -1.5%

Revenue and income statement

In 2024, GARAGE DE LA MER generates positive net income of 48 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

47 767 €

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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 12%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.242%

Financial autonomy (2024) ?
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

51.546%

Asset age ratio (2024) ?
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

46.4%

Solvency indicators evolution
GARAGE DE LA MER

Sector positioning

Debt ratio
12.24 2024
2022
2023
2024
Q1: 5.46
Med: 23.99
Q3: 69.38
Good -22 pts over 3 years

In 2024, the debt ratio of GARAGE DE LA MER (12.24) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
51.55% 2024
2022
2023
2024
Q1: 21.37%
Med: 45.55%
Q3: 63.3%
Good +12 pts over 3 years

In 2024, the financial autonomy of GARAGE DE LA MER (51.5%) 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.

Repayment capacity
3.39 years 2023
2022
2023
Q1: 0.0 years
Med: 0.6 years
Q3: 2.26 years
Average

In 2023, the repayment capacity of GARAGE DE LA MER (3.39) 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 128.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

128.512

Liquidity indicators evolution
GARAGE DE LA MER

Sector positioning

Liquidity ratio
128.51 2024
2022
2023
2024
Q1: 142.57
Med: 216.95
Q3: 327.2
Watch

In 2024, the liquidity ratio of GARAGE DE LA MER (128.51) 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.

Interest coverage
4.6x 2023
2022
2023
Q1: 0.0x
Med: 0.64x
Q3: 3.56x
Excellent

In 2023, the interest coverage of GARAGE DE LA MER (4.6x) 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.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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

0 j

WCR and payment terms evolution
GARAGE DE LA MER

Positioning of GARAGE DE LA MER in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 147 transactions of similar company sales in 2024, the value of GARAGE DE LA MER is estimated at 216 365 € (range 75 686€ - 494 379€). 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 2024
147 transactions
75k€ 216k€ 494k€
216 365 € Range: 75 686€ - 494 379€
NAF 5 année 2024

Valuation method used

Net Income Multiple
47 767 € × 4.5x = 216 366 €
Range: 75 686€ - 494 379€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 147 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 MER 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 MER

What is the revenue of GARAGE DE LA MER ?

The revenue of GARAGE DE LA MER in 2023 is 1.4 M€.

Is GARAGE DE LA MER profitable?

Yes, GARAGE DE LA MER generated a net profit of 48 k€ in 2024.

Where is the headquarters of GARAGE DE LA MER ?

The headquarters of GARAGE DE LA MER is located in SIX-FOURS-LES-PLAGES (83140), in the department Var.

Where to find the tax return of GARAGE DE LA MER ?

The tax return of GARAGE DE LA MER 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 MER operate?

GARAGE DE LA MER 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.