GM BOIS DE CHAUFFAGE : revenue, balance sheet and financial ratios

GM BOIS DE CHAUFFAGE is a French company founded 7 years ago, specialized in the sector Commerces de détail de charbons et combustibles. Based in MONTELS (34310), this company of category PME shows in 2021 a revenue of 145 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - GM BOIS DE CHAUFFAGE (SIREN 842856296)
Indicator 2021 2020 2019
Revenue 144 957 € 104 581 € 52 466 €
Net income 1 266 € 2 632 € 1 136 €
EBITDA 6 934 € 6 009 € 2 749 €
Net margin 0.9% 2.5% 2.2%

Revenue and income statement

In 2021, GM BOIS DE CHAUFFAGE achieves revenue of 145 k€. Over the period 2019-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +66.2%. Vs 2020, growth of +39% (105 k€ -> 145 k€). After deducting consumption (104 k€), gross margin stands at 41 k€, i.e. a rate of 28%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 7 k€, representing 4.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

144 957 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

40 852 €

EBITDA (2021) ?
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

6 934 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 764 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 266 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.8%

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Chart evolution

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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 311%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 72%. 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 9.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

311.412%

Financial autonomy (2021) ?
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

71.829%

Cash flow / Revenue (2021) ?
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

3.749%

Repayment capacity (2021) ?
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

9.76

Asset age ratio (2021) ?
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

69.8%

Solvency indicators evolution
GM BOIS DE CHAUFFAGE

Sector positioning

Debt ratio
311.41 2021
2019
2020
2021
Q1: 6.27
Med: 22.04
Q3: 60.68
Watch +50 pts over 3 years

In 2021, the debt ratio of GM BOIS DE CHAUFFAGE (311.41) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
71.83% 2021
2019
2020
2021
Q1: 31.06%
Med: 46.17%
Q3: 60.67%
Excellent +50 pts over 3 years

In 2021, the financial autonomy of GM BOIS DE CHAUFFAGE (71.8%) 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.

Repayment capacity
9.76 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.88 years
Q3: 2.89 years
Watch +51 pts over 3 years

In 2021, the repayment capacity of GM BOIS DE CHAUFFAGE (9.76) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1523.07. 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 18.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

1523.071

Interest coverage (2021) ?
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

18.388

Liquidity indicators evolution
GM BOIS DE CHAUFFAGE

Sector positioning

Liquidity ratio
1523.07 2021
2019
2020
2021
Q1: 149.98
Med: 198.17
Q3: 299.19
Excellent

In 2021, the liquidity ratio of GM BOIS DE CHAUFFAGE (1523.07) 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.

Interest coverage
18.39x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.66x
Q3: 2.88x
Excellent

In 2021, the interest coverage of GM BOIS DE CHAUFFAGE (18.4x) 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: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 60 days of revenue, i.e. 24 k€ to permanently finance. Over 2019-2021, WCR increased by +428%, requiring additional financing.

Operating WCR (2021) ?
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

24 172 €

Customer credit (2021) ?
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

7 j

Supplier credit (2021) ?
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

3 j

Inventory turnover (2021) ?
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

60 j

WCR in days of revenue (2021) ?
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

60 j

WCR and payment terms evolution
GM BOIS DE CHAUFFAGE

Positioning of GM BOIS DE CHAUFFAGE in its sector

Comparison with sector Commerces de détail de charbons et combustibles

Valuation estimate

Based on 105 transactions of similar company sales in 2021, the value of GM BOIS DE CHAUFFAGE is estimated at 34 482 € (range 21 927€ - 66 431€). With an EBITDA of 6 934€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.50x (in line with sector norms). 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 2021
105 transactions
21k€ 34k€ 66k€
34 482 € Range: 21 927€ - 66 431€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 934 € × 3.4x
Estimation 23 754 €
13 413€ - 56 578€
Revenue Multiple 30%
144 957 € × 0.50x
Estimation 73 152 €
49 888€ - 119 288€
Net Income Multiple 20%
1 266 € × 2.6x
Estimation 3 303 €
1 271€ - 11 777€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 105 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 (Commerces de détail de charbons et combustibles)

Compare GM BOIS DE CHAUFFAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerces de détail de charbons et combustibles

Frequently asked questions about GM BOIS DE CHAUFFAGE

What is the revenue of GM BOIS DE CHAUFFAGE ?

The revenue of GM BOIS DE CHAUFFAGE in 2021 is 145 k€.

Is GM BOIS DE CHAUFFAGE profitable?

Yes, GM BOIS DE CHAUFFAGE generated a net profit of 1 k€ in 2021.

Where is the headquarters of GM BOIS DE CHAUFFAGE ?

The headquarters of GM BOIS DE CHAUFFAGE is located in MONTELS (34310), in the department Herault.

Where to find the tax return of GM BOIS DE CHAUFFAGE ?

The tax return of GM BOIS DE CHAUFFAGE 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 GM BOIS DE CHAUFFAGE operate?

GM BOIS DE CHAUFFAGE operates in the sector Commerces de détail de charbons et combustibles (NAF code 47.78B). See the 'Sector positioning' section above to compare the company with its competitors.