GASSIN AUTOMOBILE : revenue, balance sheet and financial ratios

GASSIN AUTOMOBILE is a French company founded 51 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in GASSIN (83580), this company of category PME shows in 2019 a revenue of 667 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 - GASSIN AUTOMOBILE (SIREN 303476683)
Indicator 2019 2018 2017 2016
Revenue 667 175 € 960 271 € 901 174 € 961 999 €
Net income 253 132 € 50 966 € 85 926 € 56 543 €
EBITDA 18 957 € 90 360 € 140 778 € 106 878 €
Net margin 37.9% 5.3% 9.5% 5.9%

Revenue and income statement

In 2019, GASSIN AUTOMOBILE achieves revenue of 667 k€. Revenue is declining over the period 2016-2019 (CAGR: -11.5%). Significant drop of -31% vs 2018. After deducting consumption (360 k€), gross margin stands at 307 k€, i.e. a rate of 46%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 2.8% of revenue. Warning negative scissor effect: despite revenue change (-31%), EBITDA varies by -79%, reducing margin by 6.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 253 k€, i.e. 37.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

667 175 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

307 222 €

EBITDA (2019) ?
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

18 957 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-120 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

253 132 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.8%

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 0%. 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 53%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.084%

Financial autonomy (2019) ?
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

52.761%

Cash flow / Revenue (2019) ?
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

1.403%

Repayment capacity (2019) ?
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

0.027

Asset age ratio (2019) ?
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

24.0%

Solvency indicators evolution
GASSIN AUTOMOBILE

Sector positioning

Debt ratio
0.08 2019
2017
2018
2019
Q1: 3.78
Med: 26.76
Q3: 91.27
Excellent

In 2019, the debt ratio of GASSIN AUTOMOBILE (0.08) 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
52.76% 2019
2017
2018
2019
Q1: 17.55%
Med: 41.24%
Q3: 61.01%
Good +30 pts over 3 years

In 2019, the financial autonomy of GASSIN AUTOMOBILE (52.8%) 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
0.03 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.44 years
Q3: 2.29 years
Good

In 2019, the repayment capacity of GASSIN AUTOMOBILE (0.03) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 194.78. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 8.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2019) ?
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

194.781

Interest coverage (2019) ?
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

7.971

Liquidity indicators evolution
GASSIN AUTOMOBILE

Sector positioning

Liquidity ratio
194.78 2019
2017
2018
2019
Q1: 120.67
Med: 184.72
Q3: 284.63
Good +26 pts over 3 years

In 2019, the liquidity ratio of GASSIN AUTOMOBILE (194.78) 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
7.97x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.58x
Q3: 3.96x
Excellent +25 pts over 3 years

In 2019, the interest coverage of GASSIN AUTOMOBILE (8.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 214 days. Excellent situation: suppliers finance 198 days of the operating cycle (retail model). Overall, WCR represents 182 days of revenue, i.e. 336 k€ to permanently finance. Over 2016-2019, WCR increased by +166%, requiring additional financing.

Operating WCR (2019) ?
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

336 456 €

Customer credit (2019) ?
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

16 j

Supplier credit (2019) ?
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

214 j

Inventory turnover (2019) ?
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 in days of revenue (2019) ?
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

182 j

WCR and payment terms evolution
GASSIN AUTOMOBILE

Positioning of GASSIN AUTOMOBILE in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 156 transactions of similar company sales in 2019, the value of GASSIN AUTOMOBILE is estimated at 372 589 € (range 122 496€ - 748 303€). With an EBITDA of 18 957€, the sector multiple of 4.5x 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.

Estimated enterprise value 2019
156 transactions
122k€ 372k€ 748k€
372 589 € Range: 122 496€ - 748 303€
NAF 5 année 2019

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
18 957 € × 4.5x
Estimation 85 056 €
28 624€ - 201 628€
Revenue Multiple 30%
667 175 € × 0.36x
Estimation 239 964 €
117 844€ - 411 326€
Net Income Multiple 20%
253 132 € × 5.1x
Estimation 1 290 361 €
364 157€ - 2 620 461€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 156 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 GASSIN AUTOMOBILE with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about GASSIN AUTOMOBILE

What is the revenue of GASSIN AUTOMOBILE ?

The revenue of GASSIN AUTOMOBILE in 2019 is 667 k€.

Is GASSIN AUTOMOBILE profitable?

Yes, GASSIN AUTOMOBILE generated a net profit of 253 k€ in 2019.

Where is the headquarters of GASSIN AUTOMOBILE ?

The headquarters of GASSIN AUTOMOBILE is located in GASSIN (83580), in the department Var.

Where to find the tax return of GASSIN AUTOMOBILE ?

The tax return of GASSIN AUTOMOBILE 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 GASSIN AUTOMOBILE operate?

GASSIN AUTOMOBILE 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.