SIREN : 428960926
LOGICARE is a French company founded 26 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in LE PORT (97420), this company of category ETI shows in 2024 a revenue of 154.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 154 336 019 € | 176 244 492 € | 156 146 503 € |
| Net income | 2 798 786 € | 3 838 465 € | 5 140 165 € |
| EBITDA | 5 010 632 € | 5 761 056 € | 4 546 118 € |
| Net margin | 1.8% | 2.2% | 3.3% |
In 2024, LOGICARE achieves revenue of 154.3 M€. Activity remains stable over the period (CAGR: -0.6%). Significant drop of -12% vs 2023. After deducting consumption (145.5 M€), gross margin stands at 8.9 M€, i.e. a rate of 6%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.0 M€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.8 M€, i.e. 1.8% of revenue. This profit can be retained or distributed to shareholders.
154 336 019 €
8 884 317 €
5 010 632 €
5 115 474 €
2 798 786 €
3.2%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 33%. The balance between equity and debt is satisfactory. 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 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
1.684%
32.546%
1.747%
0.029
63.9%
In 2024, the debt ratio of LOGICARE (1.68) 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.
In 2024, the financial autonomy of LOGICARE (32.5%) 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.
In 2024, the repayment capacity of LOGICARE (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 151.38. 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 35.5x. Operating income very largely covers interest expenses: high safety margin.
151.377
35.506
In 2024, the liquidity ratio of LOGICARE (151.38) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of LOGICARE (35.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 89 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 121 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). Inventory turnover is 103 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 186 days of revenue, i.e. 79.6 M€ to permanently finance. Over 2022-2024, WCR increased by +23%, requiring additional financing.
79 563 305 €
89 j
121 j
103 j
186 j
Based on 148 transactions of similar company sales in 2024, the value of LOGICARE is estimated at 12 928 714 € (range 5 683 696€ - 23 759 824€). With an EBITDA of 5 010 632€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 148 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 LOGICARE with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of LOGICARE in 2024 is 154.3 M€.
Yes, LOGICARE generated a net profit of 2.8 M€ in 2024.
The headquarters of LOGICARE is located in LE PORT (97420), in the department La Reunion.
The tax return of LOGICARE 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).
LOGICARE operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.