SIREN : 480575687
GARAGE MORNET is a French company founded 21 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in LE LAMENTIN (97232), this company of category PME shows in 2023 a revenue of 829 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
| Indicator | 2023 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 829 029 € | 636 521 € | 750 717 € | 639 061 € | 625 104 € |
| Net income | 77 574 € | 24 990 € | 63 824 € | 46 368 € | 6 524 € |
| EBITDA | 135 923 € | 50 867 € | 100 318 € | 60 302 € | 24 952 € |
| Net margin | 9.4% | 3.9% | 8.5% | 7.3% | 1.0% |
In 2023, GARAGE MORNET achieves revenue of 829 k€. Revenue is growing positively over 5 years (CAGR: +4.8%). Vs 2020, growth of +30% (637 k€ -> 829 k€). After deducting consumption (28 k€), gross margin stands at 801 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 136 k€, representing 16.4% of revenue. Positive scissor effect: EBITDA margin improves by +8.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 78 k€, i.e. 9.4% of revenue. This profit can be retained or distributed to shareholders.
829 029 €
800 828 €
135 923 €
89 062 €
77 574 €
16.4%
The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 79%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3.135%
79.378%
14.986%
0.154
23.3%
In 2023, the debt ratio of GARAGE MORNET (3.13) 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.
In 2023, the financial autonomy of GARAGE MORNET (79.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of GARAGE MORNET (0.15) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 506.95. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
506.952
0.0
In 2023, the liquidity ratio of GARAGE MORNET (506.95) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2023, the interest coverage of GARAGE MORNET (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 135 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 103 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 116 days of revenue, i.e. 267 k€ to permanently finance. Over 2017-2023, WCR increased by +77%, requiring additional financing.
267 428 €
135 j
32 j
0 j
116 j
Based on 139 transactions of similar company sales in 2023, the value of GARAGE MORNET is estimated at 451 015 € (range 237 357€ - 798 251€). With an EBITDA of 135 923€, the sector multiple of 4.1x is applied. The price/revenue ratio is 0.36x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 139 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare GARAGE MORNET with other companies in the same sector:
Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers
The revenue of GARAGE MORNET in 2023 is 829 k€.
Yes, GARAGE MORNET generated a net profit of 78 k€ in 2023.
The headquarters of GARAGE MORNET is located in LE LAMENTIN (97232), in the department Martinique.
The tax return of GARAGE MORNET 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).
GARAGE MORNET 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.