GORRIAS VEHICULES INDUSTRIELS : revenue, balance sheet and financial ratios

GORRIAS VEHICULES INDUSTRIELS is a French company founded 126 years ago, specialized in the sector Commerce d'autres véhicules automobiles. Based in LIEVIN (62800), this company of category ETI shows in 2024 a revenue of 38.3 M€. 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 - GORRIAS VEHICULES INDUSTRIELS (SIREN 616420246)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 38 273 984 € 39 938 479 € 37 697 654 € 34 726 513 € 26 034 461 € 33 719 949 € 21 678 965 € 18 965 150 € N/C
Net income 479 449 € 981 047 € 580 635 € 511 € -543 297 € 163 328 € 153 628 € 276 049 € 63 723 €
EBITDA 1 053 136 € 1 904 013 € 820 187 € 135 334 € -338 506 € 349 067 € 302 050 € 208 066 € -21 468 297 €
Net margin 1.3% 2.5% 1.5% 0.0% -2.1% 0.5% 0.7% 1.5% N/C

Revenue and income statement

In 2024, GORRIAS VEHICULES INDUSTRIELS achieves revenue of 38.3 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.6%. Slight decline of -4% vs 2023. After deducting consumption (30.1 M€), gross margin stands at 8.2 M€, i.e. a rate of 21%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 2.8% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -45%, reducing margin by 2.0 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 479 k€, i.e. 1.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

38 273 984 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 196 978 €

EBITDA (2024) ?
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

1 053 136 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

973 956 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

479 449 €

EBITDA margin (2024) ?
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%

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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 62%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

62.124%

Financial autonomy (2024) ?
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

20.377%

Cash flow / Revenue (2024) ?
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

1.632%

Repayment capacity (2024) ?
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

2.955

Asset age ratio (2024) ?
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

31.3%

Solvency indicators evolution
GORRIAS VEHICULES INDUSTRIELS

Sector positioning

Debt ratio
62.12 2024
2022
2023
2024
Q1: 9.12
Med: 44.72
Q3: 119.03
Average -20 pts over 3 years

In 2024, the debt ratio of GORRIAS VEHICULES INDUSTR... (62.12) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
20.38% 2024
2022
2023
2024
Q1: 17.36%
Med: 31.96%
Q3: 49.84%
Average +6 pts over 3 years

In 2024, the financial autonomy of GORRIAS VEHICULES INDUSTR... (20.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.96 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 1.08 years
Q3: 4.66 years
Average -12 pts over 3 years

In 2024, the repayment capacity of GORRIAS VEHICULES INDUSTR... (2.96) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 140.65. 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 26.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

140.653

Interest coverage (2024) ?
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

26.745

Liquidity indicators evolution
GORRIAS VEHICULES INDUSTRIELS

Sector positioning

Liquidity ratio
140.65 2024
2022
2023
2024
Q1: 145.03
Med: 198.86
Q3: 330.56
Watch

In 2024, the liquidity ratio of GORRIAS VEHICULES INDUSTR... (140.65) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
26.75x 2024
2022
2023
2024
Q1: 0.0x
Med: 7.3x
Q3: 27.22x
Good

In 2024, the interest coverage of GORRIAS VEHICULES INDUSTR... (26.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. Excellent situation: suppliers finance 71 days of the operating cycle (retail model). Inventory turnover is 72 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 110 days of revenue, i.e. 11.7 M€ to permanently finance.

Operating WCR (2024) ?
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

11 735 569 €

Customer credit (2024) ?
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

32 j

Supplier credit (2024) ?
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

103 j

Inventory turnover (2024) ?
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

72 j

WCR in days of revenue (2024) ?
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

110 j

WCR and payment terms evolution
GORRIAS VEHICULES INDUSTRIELS

Positioning of GORRIAS VEHICULES INDUSTRIELS in its sector

Comparison with sector Commerce d'autres véhicules automobiles

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of GORRIAS VEHICULES INDUSTRIELS is estimated at 1 936 220 € (range 1 166 771€ - 7 220 882€). With an EBITDA of 1 053 136€, the sector multiple of 0.8x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2024
56 tx
1166k€ 1936k€ 7220k€
1 936 220 € Range: 1 166 771€ - 7 220 882€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 053 136 € × 0.8x
Estimation 839 150 €
277 918€ - 3 803 720€
Revenue Multiple 30%
38 273 984 € × 0.13x
Estimation 4 785 824 €
3 368 666€ - 16 664 844€
Net Income Multiple 20%
479 449 € × 0.8x
Estimation 404 490 €
86 063€ - 1 597 847€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 56 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 (Commerce d'autres véhicules automobiles)

Compare GORRIAS VEHICULES INDUSTRIELS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce d'autres véhicules automobiles

Frequently asked questions about GORRIAS VEHICULES INDUSTRIELS

What is the revenue of GORRIAS VEHICULES INDUSTRIELS ?

The revenue of GORRIAS VEHICULES INDUSTRIELS in 2024 is 38.3 M€.

Is GORRIAS VEHICULES INDUSTRIELS profitable?

Yes, GORRIAS VEHICULES INDUSTRIELS generated a net profit of 479 k€ in 2024.

Where is the headquarters of GORRIAS VEHICULES INDUSTRIELS ?

The headquarters of GORRIAS VEHICULES INDUSTRIELS is located in LIEVIN (62800), in the department Pas-de-Calais.

Where to find the tax return of GORRIAS VEHICULES INDUSTRIELS ?

The tax return of GORRIAS VEHICULES INDUSTRIELS 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 GORRIAS VEHICULES INDUSTRIELS operate?

GORRIAS VEHICULES INDUSTRIELS operates in the sector Commerce d'autres véhicules automobiles (NAF code 45.19Z). See the 'Sector positioning' section above to compare the company with its competitors.