GARAGE ELETTI MASSACESE : revenue, balance sheet and financial ratios

GARAGE ELETTI MASSACESE is a French company founded 23 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in GRAVESON (13690), this company of category PME shows in 2018 a revenue of 293 k€. 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 ELETTI MASSACESE (SIREN 443046495)
Indicator 2018 2017 2016
Revenue 293 419 € 347 458 € 336 408 €
Net income 34 128 € 882 € 874 €
EBITDA -30 492 € 6 153 € -2 276 €
Net margin 11.6% 0.3% 0.3%

Revenue and income statement

In 2018, GARAGE ELETTI MASSACESE achieves revenue of 293 k€. Revenue is declining over the period 2016-2018 (CAGR: -6.6%). Significant drop of -16% vs 2017. After deducting consumption (114 k€), gross margin stands at 180 k€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -30 k€, representing -10.4% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -596%, reducing margin by 12.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 11.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

293 419 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

179 560 €

EBITDA (2018) ?
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

-30 492 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-39 683 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

34 128 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-10.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 131%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

131.243%

Financial autonomy (2018) ?
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

31.222%

Cash flow / Revenue (2018) ?
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

-12.748%

Repayment capacity (2018) ?
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

-1.056

Asset age ratio (2018) ?
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

100.0%

Solvency indicators evolution
GARAGE ELETTI MASSACESE

Sector positioning

Debt ratio
131.24 2018
2016
2017
2018
Q1: 4.45
Med: 28.77
Q3: 96.28
Average

In 2018, the debt ratio of GARAGE ELETTI MASSACESE (131.24) 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
31.22% 2018
2016
2017
2018
Q1: 16.59%
Med: 39.72%
Q3: 59.69%
Average +8 pts over 3 years

In 2018, the financial autonomy of GARAGE ELETTI MASSACESE (31.2%) 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
-1.06 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.55 years
Q3: 2.28 years
Excellent

In 2018, the repayment capacity of GARAGE ELETTI MASSACESE (-1.06) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 191.31. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

191.308

Interest coverage (2018) ?
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

-13.695

Liquidity indicators evolution
GARAGE ELETTI MASSACESE

Sector positioning

Liquidity ratio
191.31 2018
2016
2017
2018
Q1: 115.61
Med: 181.05
Q3: 276.25
Good +29 pts over 3 years

In 2018, the liquidity ratio of GARAGE ELETTI MASSACESE (191.31) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-13.7x 2018
2016
2017
2018
Q1: 0.0x
Med: 0.82x
Q3: 4.86x
Watch

In 2018, the interest coverage of GARAGE ELETTI MASSACESE (-13.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 162 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The gap of 108 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 82 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 256 days of revenue, i.e. 209 k€ to permanently finance. Over 2016-2018, WCR increased by +154%, requiring additional financing.

Operating WCR (2018) ?
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

208 838 €

Customer credit (2018) ?
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

162 j

Supplier credit (2018) ?
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

54 j

Inventory turnover (2018) ?
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

82 j

WCR in days of revenue (2018) ?
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

256 j

WCR and payment terms evolution
GARAGE ELETTI MASSACESE

Positioning of GARAGE ELETTI MASSACESE in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 159 transactions of similar company sales in 2018, the value of GARAGE ELETTI MASSACESE is estimated at 128 704 € (range 54 786€ - 260 866€). The price/revenue ratio is 0.35x (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 2018
159 transactions
54k€ 128k€ 260k€
128 704 € Range: 54 786€ - 260 866€
NAF 5 année 2018

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
293 419 € × 0.35x
Estimation 102 536 €
54 597€ - 148 636€
Net Income Multiple 20%
34 128 € × 4.9x
Estimation 167 957 €
55 071€ - 429 214€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 159 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 ELETTI MASSACESE 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 ELETTI MASSACESE

What is the revenue of GARAGE ELETTI MASSACESE ?

The revenue of GARAGE ELETTI MASSACESE in 2018 is 293 k€.

Is GARAGE ELETTI MASSACESE profitable?

Yes, GARAGE ELETTI MASSACESE generated a net profit of 34 k€ in 2018.

Where is the headquarters of GARAGE ELETTI MASSACESE ?

The headquarters of GARAGE ELETTI MASSACESE is located in GRAVESON (13690), in the department Bouches-du-Rhone.

Where to find the tax return of GARAGE ELETTI MASSACESE ?

The tax return of GARAGE ELETTI MASSACESE 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 ELETTI MASSACESE operate?

GARAGE ELETTI MASSACESE 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.