Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2000-01-20 (26 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: GRASSE (06130), Alpes-Maritimes
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
GARAGE GIACO RACING : revenue, balance sheet and financial ratios
GARAGE GIACO RACING is a French company
founded 26 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in GRASSE (06130),
this company of category PME
shows in 2020 a net income negative of -67 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - GARAGE GIACO RACING (SIREN 429228588)
Indicator
2020
2019
Revenue
N/C
N/C
Net income
-67 036 €
-11 914 €
EBITDA
N/C
N/C
Net margin
N/C
N/C
Revenue and income statement
In 2020, GARAGE GIACO RACING records a net loss of 67 k€. This deficit will reduce equity on the balance sheet.
Net income (2020)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-67 036 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at -434%. 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 -14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2020)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
-433.99%
Financial autonomy (2020)
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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
-14.194%
Asset age ratio (2020)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
Debt ratio
316.154
-433.99
Financial autonomy
12.134
-14.194
Repayment capacity
None
None
Cash flow / Revenue
None%
None%
Sector positioning
Debt ratio
-433.992020
2019
2020
Q1: 8.93
Med: 66.63
Q3: 191.38
Excellent-50 pts over 2 years
In 2020, the debt ratio of GARAGE GIACO RACING (-433.99) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
-14.19%2020
2019
2020
Q1: 13.1%
Med: 28.88%
Q3: 52.82%
Average
In 2020, the financial autonomy of GARAGE GIACO RACING (-14.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 143.83. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2020)
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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
143.83
Liquidity indicators evolution GARAGE GIACO RACING
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
Liquidity ratio
123.467
143.83
Interest coverage
None
None
Sector positioning
Liquidity ratio
143.832020
2019
2020
Q1: 139.3
Med: 207.34
Q3: 371.51
Average
In 2020, the liquidity ratio of GARAGE GIACO RACING (143.83) 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.
Positioning of GARAGE GIACO RACING in its sector
Comparison with sector Commerce de voitures et de véhicules automobiles légers
Similar companies (Commerce de voitures et de véhicules automobiles légers)
Compare GARAGE GIACO RACING with other companies in the same sector:
Frequently asked questions about GARAGE GIACO RACING
What is the revenue of GARAGE GIACO RACING ?
The revenue of GARAGE GIACO RACING is not publicly disclosed (confidential accounts filed with INPI).
Is GARAGE GIACO RACING profitable?
GARAGE GIACO RACING recorded a net loss in 2020.
Where is the headquarters of GARAGE GIACO RACING ?
The headquarters of GARAGE GIACO RACING is located in GRASSE (06130), in the department Alpes-Maritimes.
Where to find the tax return of GARAGE GIACO RACING ?
The tax return of GARAGE GIACO RACING 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 GIACO RACING operate?
GARAGE GIACO RACING 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.
Item evolution
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