PICARD AUTOS GRAULHET - LAVAUR : revenue, balance sheet and financial ratios

PICARD AUTOS GRAULHET - LAVAUR is a French company founded 14 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in GAILLAC (81600), this company of category PME shows in 2020 a revenue of 339 k€. 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

Financial history - PICARD AUTOS GRAULHET - LAVAUR (SIREN 534931290)
Indicator 2020 2019 2018 2017 2016 2014
Revenue 339 050 € 455 044 € 376 626 € 404 380 € 373 903 € 416 423 €
Net income 16 986 € 25 956 € 27 371 € 27 540 € 39 546 € 47 399 €
EBITDA 28 237 € 9 887 € 44 838 € -96 € 59 253 € 13 400 €
Net margin 5.0% 5.7% 7.3% 6.8% 10.6% 11.4%

Revenue and income statement

In 2020, PICARD AUTOS GRAULHET - LAVAUR achieves revenue of 339 k€. Activity remains stable over the period (CAGR: -3.4%). Significant drop of -25% vs 2019. After deducting consumption (113 k€), gross margin stands at 226 k€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 8.3% of revenue. Positive scissor effect: EBITDA margin improves by +6.2 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 5.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

339 050 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

225 663 €

EBITDA (2020) ?
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

28 237 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

16 915 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

16 986 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.3%

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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 9%. 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 57%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.115%

Financial autonomy (2020) ?
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

56.937%

Cash flow / Revenue (2020) ?
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

8.234%

Repayment capacity (2020) ?
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

0.479

Asset age ratio (2020) ?
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

43.2%

Solvency indicators evolution
PICARD AUTOS GRAULHET - LAVAUR

Sector positioning

Debt ratio
9.12 2020
2018
2019
2020
Q1: 6.24
Med: 41.16
Q3: 127.19
Good -13 pts over 3 years

In 2020, the debt ratio of PICARD AUTOS GRAULHET - L... (9.12) 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
56.94% 2020
2018
2019
2020
Q1: 17.5%
Med: 39.23%
Q3: 59.04%
Good

In 2020, the financial autonomy of PICARD AUTOS GRAULHET - L... (56.9%) 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.

Repayment capacity
0.48 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.47 years
Q3: 3.32 years
Average

In 2020, the repayment capacity of PICARD AUTOS GRAULHET - L... (0.48) 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 189.41. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2020) ?
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

189.41

Interest coverage (2020) ?
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

0.007

Liquidity indicators evolution
PICARD AUTOS GRAULHET - LAVAUR

Sector positioning

Liquidity ratio
189.41 2020
2018
2019
2020
Q1: 139.56
Med: 214.86
Q3: 320.34
Average -15 pts over 3 years

In 2020, the liquidity ratio of PICARD AUTOS GRAULHET - L... (189.41) 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.

Interest coverage
0.01x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.22x
Q3: 3.12x
Average -6 pts over 3 years

In 2020, the interest coverage of PICARD AUTOS GRAULHET - L... (0.0x) 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: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 114 days. Excellent situation: suppliers finance 92 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 84 days of revenue, i.e. 79 k€ to permanently finance.

Operating WCR (2020) ?
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

79 246 €

Customer credit (2020) ?
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

22 j

Supplier credit (2020) ?
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

114 j

Inventory turnover (2020) ?
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

25 j

WCR in days of revenue (2020) ?
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

84 j

WCR and payment terms evolution
PICARD AUTOS GRAULHET - LAVAUR

Positioning of PICARD AUTOS GRAULHET - LAVAUR in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 104 transactions of similar company sales in 2020, the value of PICARD AUTOS GRAULHET - LAVAUR is estimated at 86 298 € (range 37 497€ - 160 195€). With an EBITDA of 28 237€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.26x (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 2020
104 transactions
37k€ 86k€ 160k€
86 298 € Range: 37 497€ - 160 195€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
28 237 € × 3.4x
Estimation 95 054 €
37 047€ - 177 268€
Revenue Multiple 30%
339 050 € × 0.26x
Estimation 86 856 €
46 117€ - 129 053€
Net Income Multiple 20%
16 986 € × 3.7x
Estimation 63 576 €
25 692€ - 164 229€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 104 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 de véhicules automobiles légers)

Compare PICARD AUTOS GRAULHET - LAVAUR with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about PICARD AUTOS GRAULHET - LAVAUR

What is the revenue of PICARD AUTOS GRAULHET - LAVAUR ?

The revenue of PICARD AUTOS GRAULHET - LAVAUR in 2020 is 339 k€.

Is PICARD AUTOS GRAULHET - LAVAUR profitable?

Yes, PICARD AUTOS GRAULHET - LAVAUR generated a net profit of 17 k€ in 2020.

Where is the headquarters of PICARD AUTOS GRAULHET - LAVAUR ?

The headquarters of PICARD AUTOS GRAULHET - LAVAUR is located in GAILLAC (81600), in the department Tarn.

Where to find the tax return of PICARD AUTOS GRAULHET - LAVAUR ?

The tax return of PICARD AUTOS GRAULHET - LAVAUR 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 PICARD AUTOS GRAULHET - LAVAUR operate?

PICARD AUTOS GRAULHET - LAVAUR operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.