LOCATIONS ET SERVICES VEHICULES INDUSTRIELS : revenue, balance sheet and financial ratios

LOCATIONS ET SERVICES VEHICULES INDUSTRIELS is a French company founded 49 years ago, specialized in the sector Entretien et réparation d'autres véhicules automobiles. Based in CHOLET (49300), this company of category PME shows in 2021 a revenue of 5.3 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 - LOCATIONS ET SERVICES VEHICULES INDUSTRIELS (SIREN 311060404)
Indicator 2021 2020 2019 2018 2017
Revenue 5 301 875 € 4 642 032 € 5 673 293 € 5 570 146 € 5 006 829 €
Net income 441 738 € 376 707 € 610 205 € 505 141 € 366 623 €
EBITDA 800 506 € 670 305 € 1 131 321 € 995 264 € 773 074 €
Net margin 8.3% 8.1% 10.8% 9.1% 7.3%

Revenue and income statement

In 2021, LOCATIONS ET SERVICES VEHICULES INDUSTRIELS achieves revenue of 5.3 M€. Revenue is growing positively over 5 years (CAGR: +1.4%). Vs 2020, growth of +14% (4.6 M€ -> 5.3 M€). After deducting consumption (2.5 M€), gross margin stands at 2.8 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 801 k€, representing 15.1% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 442 k€, i.e. 8.3% 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

5 301 875 €

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

2 783 929 €

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

800 506 €

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

689 420 €

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

441 738 €

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

15.1%

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 8%. 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 75%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

7.945%

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

74.69%

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

9.94%

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

0.583

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

29.4%

Solvency indicators evolution
LOCATIONS ET SERVICES VEHICULES INDUSTRIELS

Sector positioning

Debt ratio
7.95 2021
2019
2020
2021
Q1: 2.33
Med: 24.76
Q3: 84.95
Good +6 pts over 3 years

In 2021, the debt ratio of LOCATIONS ET SERVICES VEH... (7.95) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
74.69% 2021
2019
2020
2021
Q1: 24.02%
Med: 44.11%
Q3: 63.51%
Excellent

In 2021, the financial autonomy of LOCATIONS ET SERVICES VEH... (74.7%) 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
0.58 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.42 years
Q3: 2.22 years
Average +27 pts over 3 years

In 2021, the repayment capacity of LOCATIONS ET SERVICES VEH... (0.58) 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 444.50. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

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

444.501

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

0.365

Liquidity indicators evolution
LOCATIONS ET SERVICES VEHICULES INDUSTRIELS

Sector positioning

Liquidity ratio
444.5 2021
2019
2020
2021
Q1: 157.09
Med: 223.51
Q3: 321.36
Excellent

In 2021, the liquidity ratio of LOCATIONS ET SERVICES VEH... (444.50) 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
0.36x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.59x
Q3: 2.79x
Average

In 2021, the interest coverage of LOCATIONS ET SERVICES VEH... (0.4x) 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. Average customer payment term: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 49 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 133 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2017-2021, WCR increased by +105%, 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

1 960 421 €

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

56 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

44 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

49 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

133 j

WCR and payment terms evolution
LOCATIONS ET SERVICES VEHICULES INDUSTRIELS

Positioning of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS in its sector

Comparison with sector Entretien et réparation d'autres véhicules automobiles

Valuation estimate

Based on 135 transactions of similar company sales in 2021, the value of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS is estimated at 2 596 635 € (range 1 075 101€ - 4 870 524€). With an EBITDA of 800 506€, the sector multiple of 3.8x is applied. The price/revenue ratio is 0.40x (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 2021
135 transactions
1075k€ 2596k€ 4870k€
2 596 635 € Range: 1 075 101€ - 4 870 524€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
800 506 € × 3.8x
Estimation 3 049 837 €
1 121 555€ - 5 520 862€
Revenue Multiple 30%
5 301 875 € × 0.40x
Estimation 2 144 078 €
1 065 572€ - 4 271 581€
Net Income Multiple 20%
441 738 € × 4.9x
Estimation 2 142 465 €
973 259€ - 4 143 092€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 135 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 d'autres véhicules automobiles)

Compare LOCATIONS ET SERVICES VEHICULES INDUSTRIELS with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation d'autres véhicules automobiles

Frequently asked questions about LOCATIONS ET SERVICES VEHICULES INDUSTRIELS

What is the revenue of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS ?

The revenue of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS in 2021 is 5.3 M€.

Is LOCATIONS ET SERVICES VEHICULES INDUSTRIELS profitable?

Yes, LOCATIONS ET SERVICES VEHICULES INDUSTRIELS generated a net profit of 442 k€ in 2021.

Where is the headquarters of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS ?

The headquarters of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS is located in CHOLET (49300), in the department Maine-et-Loire.

Where to find the tax return of LOCATIONS ET SERVICES VEHICULES INDUSTRIELS ?

The tax return of LOCATIONS ET SERVICES 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 LOCATIONS ET SERVICES VEHICULES INDUSTRIELS operate?

LOCATIONS ET SERVICES VEHICULES INDUSTRIELS operates in the sector Entretien et réparation d'autres véhicules automobiles (NAF code 45.20B). See the 'Sector positioning' section above to compare the company with its competitors.