SIREN : 837619618
NEOCARS is a French company founded 8 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in VERGEZE (30310), this company of category PME shows in 2022 a revenue of 89 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2018 |
|---|---|---|
| Revenue | 89 250 € | 13 000 € |
| Net income | 35 595 € | 6 358 € |
| EBITDA | 66 585 € | 11 977 € |
| Net margin | 39.9% | 48.9% |
In 2022, NEOCARS achieves revenue of 89 k€. Vs 2018, growth of +587% (13 k€ -> 89 k€). After deducting consumption (0 €), gross margin stands at 89 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 67 k€, representing 74.6% of revenue. Warning negative scissor effect: despite revenue change (+587%), EBITDA varies by +456%, reducing margin by 17.5 pts. This reflects costs rising faster than 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 36 k€, i.e. 39.9% of revenue. This profit can be retained or distributed to shareholders.
89 250 €
89 250 €
66 585 €
41 928 €
35 595 €
74.6%
The debt ratio (= Financial debt / Equity x 100) stands at 79%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 53%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 67.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
79.228%
52.882%
67.15%
1.66
52.7%
In 2022, the debt ratio of NEOCARS (79.23) 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 2022, the financial autonomy of NEOCARS (52.9%) 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 2022, the repayment capacity of NEOCARS (1.66) 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 1364.72. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
1364.72
0.589
In 2022, the liquidity ratio of NEOCARS (1364.72) 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.
In 2022, the interest coverage of NEOCARS (0.6x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 150 days. Excellent situation: suppliers finance 104 days of the operating cycle (retail model). Overall, WCR represents 81 days of revenue, i.e. 20 k€ to permanently finance.
20 082 €
46 j
150 j
0 j
81 j
Based on 276 transactions of similar company sales (all years), the value of NEOCARS is estimated at 547 664 € (range 97 654€ - 880 079€). With an EBITDA of 66 585€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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.
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This estimate is based on the analysis of 276 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 NEOCARS with other companies in the same sector:
The revenue of NEOCARS in 2022 is 89 k€.
Yes, NEOCARS generated a net profit of 36 k€ in 2022.
The headquarters of NEOCARS is located in VERGEZE (30310), in the department Gard.
The tax return of NEOCARS 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).
NEOCARS operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.