GARAGE DES CORDELIERS : revenue, balance sheet and financial ratios

GARAGE DES CORDELIERS is a French company founded 15 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in PEZENAS (34120), this company of category PME shows in 2020 a revenue of 320 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - GARAGE DES CORDELIERS (SIREN 523279255)
Indicator 2021 2020 2019 2018 2017 2016
Revenue N/C 319 949 € 332 799 € 332 029 € 327 375 € 330 185 €
Net income 0 € 18 325 € 17 899 € 16 251 € 23 630 € 21 205 €
EBITDA N/C 32 349 € 26 975 € 26 951 € 27 851 € 36 740 €
Net margin N/C 5.7% 5.4% 4.9% 7.2% 6.4%

Revenue and income statement

In 2021, GARAGE DES CORDELIERS records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2020: 21 k€ -> 0 €.

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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 178%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

177.554%

Financial autonomy (2021) ?
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

47.11%

Asset age ratio (2021) ?
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

19.5%

Solvency indicators evolution
GARAGE DES CORDELIERS

Sector positioning

Debt ratio
177.55 2021
2019
2020
2021
Q1: 5.61
Med: 38.49
Q3: 119.45
Average

In 2021, the debt ratio of GARAGE DES CORDELIERS (177.55) 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
47.11% 2021
2019
2020
2021
Q1: 18.39%
Med: 39.81%
Q3: 59.58%
Good -6 pts over 3 years

In 2021, the financial autonomy of GARAGE DES CORDELIERS (47.1%) 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
3.25 years 2020
2019
2020
Q1: 0.0 years
Med: 0.47 years
Q3: 3.32 years
Average

In 2020, the repayment capacity of GARAGE DES CORDELIERS (3.25) 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 87.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

87.76

Liquidity indicators evolution
GARAGE DES CORDELIERS

Sector positioning

Liquidity ratio
87.76 2021
2019
2020
2021
Q1: 138.02
Med: 211.9
Q3: 312.79
Watch -6 pts over 3 years

In 2021, the liquidity ratio of GARAGE DES CORDELIERS (87.76) 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
2.0x 2020
2019
2020
Q1: 0.0x
Med: 0.22x
Q3: 3.12x
Good

In 2020, the interest coverage of GARAGE DES CORDELIERS (2.0x) 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: 83 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 167 days. Excellent situation: suppliers finance 84 days of the operating cycle (retail model).

Operating WCR (2021) ?
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 (2021) ?
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

83 j

Supplier credit (2021) ?
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

167 j

Inventory turnover (2021) ?
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 DES CORDELIERS

Positioning of GARAGE DES CORDELIERS in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Similar companies (Entretien et réparation de véhicules automobiles légers)

Compare GARAGE DES CORDELIERS 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 DES CORDELIERS

What is the revenue of GARAGE DES CORDELIERS ?

The revenue of GARAGE DES CORDELIERS in 2020 is 320 k€.

Is GARAGE DES CORDELIERS profitable?

Yes, GARAGE DES CORDELIERS generated a net profit of 18 k€ in 2020.

Where is the headquarters of GARAGE DES CORDELIERS ?

The headquarters of GARAGE DES CORDELIERS is located in PEZENAS (34120), in the department Herault.

Where to find the tax return of GARAGE DES CORDELIERS ?

The tax return of GARAGE DES CORDELIERS 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 DES CORDELIERS operate?

GARAGE DES CORDELIERS 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.