SIREN : 350548277
GMGA is a French company founded 37 years ago, specialized in the sector Gestion de fonds. Based in CHAMBERY (73000), this company of category PME shows in 2021 a revenue of 548 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 | 2021 | 2020 | 2016 |
|---|---|---|---|
| Revenue | 547 598 € | 499 524 € | 593 486 € |
| Net income | 15 626 € | -33 362 € | 15 488 € |
| EBITDA | 27 798 € | -20 130 € | 12 236 € |
| Net margin | 2.9% | -6.7% | 2.6% |
In 2021, GMGA achieves revenue of 548 k€. Activity remains stable over the period (CAGR: -1.6%). Vs 2020: +10%. After deducting consumption (117 k€), gross margin stands at 430 k€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 5.1% of revenue. Positive scissor effect: EBITDA margin improves by +9.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 16 k€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.
547 598 €
430 294 €
27 798 €
15 979 €
15 626 €
5.1%
The debt ratio (= Financial debt / Equity x 100) stands at 55%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. 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 4.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
55.122%
50.907%
4.981%
4.866
9.4%
In 2021, the debt ratio of GMGA (55.12) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2021, the financial autonomy of GMGA (50.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of GMGA (4.87) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 423.80. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
423.802
0.0
In 2021, the liquidity ratio of GMGA (423.80) 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.
In 2021, the interest coverage of GMGA (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. The gap of 47 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 15 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 70 days of revenue, i.e. 106 k€ to permanently finance.
106 031 €
88 j
41 j
15 j
70 j
Based on 76 transactions of similar company sales
in 2021,
the value of GMGA is estimated at
129 139 €
(range 51 709€ - 298 279€).
With an EBITDA of 27 798€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.33x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 76 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 GMGA with other companies in the same sector:
The revenue of GMGA in 2021 is 548 k€.
Yes, GMGA generated a net profit of 16 k€ in 2021.
The headquarters of GMGA is located in CHAMBERY (73000), in the department Savoie.
The tax return of GMGA 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).
GMGA operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.