GARAGE SERVICE AUTO FIRST : revenue, balance sheet and financial ratios

GARAGE SERVICE AUTO FIRST is a French company founded 6 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in PONT-SAINTE-MARIE (10150), this company of category PME shows in 2021 a revenue of 271 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 SERVICE AUTO FIRST (SIREN 850853029)
Indicator 2022 2021 2020
Revenue N/C 270 908 € 221 005 €
Net income -49 365 € -39 221 € -109 312 €
EBITDA N/C -29 796 € -104 235 €
Net margin N/C -14.5% -49.5%

Revenue and income statement

In 2022, GARAGE SERVICE AUTO FIRST records a net loss of 49 k€. This deficit will reduce equity on the balance sheet.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-49 365 €

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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 -182%. 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 -96%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-182.33%

Financial autonomy (2022) ?
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

-96.28%

Asset age ratio (2022) ?
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

57.6%

Solvency indicators evolution
GARAGE SERVICE AUTO FIRST

Sector positioning

Debt ratio
-182.33 2022
2020
2021
2022
Q1: 5.78
Med: 34.81
Q3: 103.8
Excellent

In 2022, the debt ratio of GARAGE SERVICE AUTO FIRST (-182.33) 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
-96.28% 2022
2020
2021
2022
Q1: 19.46%
Med: 40.48%
Q3: 59.7%
Watch

In 2022, the financial autonomy of GARAGE SERVICE AUTO FIRST (-96.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-8.85 years 2021
2020
2021
Q1: 0.0 years
Med: 0.65 years
Q3: 3.28 years
Excellent

In 2021, the repayment capacity of GARAGE SERVICE AUTO FIRST (-8.85) 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 244.84. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

244.841

Liquidity indicators evolution
GARAGE SERVICE AUTO FIRST

Sector positioning

Liquidity ratio
244.84 2022
2020
2021
2022
Q1: 136.95
Med: 204.24
Q3: 300.21
Good +36 pts over 3 years

In 2022, the liquidity ratio of GARAGE SERVICE AUTO FIRST (244.84) 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
-7.35x 2021
2020
2021
Q1: 0.0x
Med: 0.37x
Q3: 3.12x
Average

In 2021, the interest coverage of GARAGE SERVICE AUTO FIRST (-7.3x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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 SERVICE AUTO FIRST

Positioning of GARAGE SERVICE AUTO FIRST in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Similar companies (Entretien et réparation de véhicules automobiles légers)

Compare GARAGE SERVICE AUTO FIRST 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 SERVICE AUTO FIRST

What is the revenue of GARAGE SERVICE AUTO FIRST ?

The revenue of GARAGE SERVICE AUTO FIRST in 2021 is 271 k€.

Is GARAGE SERVICE AUTO FIRST profitable?

GARAGE SERVICE AUTO FIRST recorded a net loss in 2022.

Where is the headquarters of GARAGE SERVICE AUTO FIRST ?

The headquarters of GARAGE SERVICE AUTO FIRST is located in PONT-SAINTE-MARIE (10150), in the department Aube.

Where to find the tax return of GARAGE SERVICE AUTO FIRST ?

The tax return of GARAGE SERVICE AUTO FIRST 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 SERVICE AUTO FIRST operate?

GARAGE SERVICE AUTO FIRST 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.