PIECES AUTO ACCESSOIRES : revenue, balance sheet and financial ratios

PIECES AUTO ACCESSOIRES is a French company founded 14 years ago, specialized in the sector Commerce de détail d'équipements automobiles. Based in CHATEAUNEUF-LES-MARTIGUES (13220), this company of category PME shows in 2021 a revenue of 235 k€. 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 - PIECES AUTO ACCESSOIRES (SIREN 535376008)
Indicator 2021 2020 2018 2016 2015
Revenue 235 005 € 174 502 € 42 613 € 42 587 € 67 709 €
Net income 25 604 € 30 163 € 1 563 € -1 726 € 683 €
EBITDA 32 194 € 37 762 € 1 784 € -1 433 € 2 058 €
Net margin 10.9% 17.3% 3.7% -4.1% 1.0%

Revenue and income statement

In 2021, PIECES AUTO ACCESSOIRES achieves revenue of 235 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +23.0%. Vs 2020, growth of +35% (175 k€ -> 235 k€). After deducting consumption (89 k€), gross margin stands at 146 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 32 k€, representing 13.7% of revenue. Warning negative scissor effect: despite revenue change (+35%), EBITDA varies by -15%, reducing margin by 7.9 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26 k€, i.e. 10.9% 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

235 005 €

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

146 258 €

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

32 194 €

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

30 113 €

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

25 604 €

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

13.7%

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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 3%. 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 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 11.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

2.573%

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

1.921%

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

11.112%

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

0.012

Solvency indicators evolution
PIECES AUTO ACCESSOIRES

Sector positioning

Debt ratio
2.57 2021
2018
2020
2021
Q1: 1.57
Med: 29.79
Q3: 93.46
Good -11 pts over 3 years

In 2021, the debt ratio of PIECES AUTO ACCESSOIRES (2.57) 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
1.92% 2021
2018
2020
2021
Q1: 15.85%
Med: 36.54%
Q3: 57.33%
Average

In 2021, the financial autonomy of PIECES AUTO ACCESSOIRES (1.9%) 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
0.01 years 2021
2018
2020
2021
Q1: 0.0 years
Med: 0.42 years
Q3: 2.78 years
Good

In 2021, the repayment capacity of PIECES AUTO ACCESSOIRES (0.01) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 392.98. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

392.984

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

0.0

Liquidity indicators evolution
PIECES AUTO ACCESSOIRES

Sector positioning

Liquidity ratio
392.98 2021
2018
2020
2021
Q1: 139.62
Med: 206.55
Q3: 307.0
Excellent

In 2021, the liquidity ratio of PIECES AUTO ACCESSOIRES (392.98) 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
0.0x 2021
2018
2020
2021
Q1: 0.0x
Med: 0.3x
Q3: 2.65x
Average -13 pts over 3 years

In 2021, the interest coverage of PIECES AUTO ACCESSOIRES (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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 36 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 24 days of revenue, i.e. 16 k€ to permanently finance. Over 2015-2021, WCR increased by +1389%, 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

15 980 €

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

9 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

12 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

36 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

24 j

WCR and payment terms evolution
PIECES AUTO ACCESSOIRES

Positioning of PIECES AUTO ACCESSOIRES in its sector

Comparison with sector Commerce de détail d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 60 743€ to 157 553€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
60k€ 126k€ 157k€
126 169 € Range: 60 743€ - 157 553€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 de détail d'équipements automobiles)

Compare PIECES AUTO ACCESSOIRES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'équipements automobiles

Frequently asked questions about PIECES AUTO ACCESSOIRES

What is the revenue of PIECES AUTO ACCESSOIRES ?

The revenue of PIECES AUTO ACCESSOIRES in 2021 is 235 k€.

Is PIECES AUTO ACCESSOIRES profitable?

Yes, PIECES AUTO ACCESSOIRES generated a net profit of 26 k€ in 2021.

Where is the headquarters of PIECES AUTO ACCESSOIRES ?

The headquarters of PIECES AUTO ACCESSOIRES is located in CHATEAUNEUF-LES-MARTIGUES (13220), in the department Bouches-du-Rhone.

Where to find the tax return of PIECES AUTO ACCESSOIRES ?

The tax return of PIECES AUTO ACCESSOIRES 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 PIECES AUTO ACCESSOIRES operate?

PIECES AUTO ACCESSOIRES operates in the sector Commerce de détail d'équipements automobiles (NAF code 45.32Z). See the 'Sector positioning' section above to compare the company with its competitors.