PIECES AUTOMOBILES MARSEILLE : revenue, balance sheet and financial ratios

PIECES AUTOMOBILES MARSEILLE is a French company founded 14 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in MARSEILLE (13015), this company of category PME shows in 2015 a revenue of 1.4 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 - PIECES AUTOMOBILES MARSEILLE (SIREN 751749482)
Indicator 2015 2014
Revenue 1 363 519 € 1 223 163 €
Net income 37 880 € 57 680 €
EBITDA 63 015 € 78 674 €
Net margin 2.8% 4.7%

Revenue and income statement

In 2015, PIECES AUTOMOBILES MARSEILLE achieves revenue of 1.4 M€. Vs 2014, growth of +11% (1.2 M€ -> 1.4 M€). After deducting consumption (1.0 M€), gross margin stands at 354 k€, i.e. a rate of 26%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 63 k€, representing 4.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 38 k€, i.e. 2.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2015) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 363 519 €

Gross margin (2015) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

354 356 €

EBITDA (2015) ?
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

63 015 €

EBIT (2015) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

58 308 €

Net income (2015) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

37 880 €

EBITDA margin (2015) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.6%

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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 39%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2015) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

38.88%

Financial autonomy (2015) ?
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

28.103%

Cash flow / Revenue (2015) ?
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

3.091%

Repayment capacity (2015) ?
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

0.974

Asset age ratio (2015) ?
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

75.6%

Solvency indicators evolution
PIECES AUTOMOBILES MARSEILLE

Sector positioning

Debt ratio
38.88 2015
2014
2015
Q1: 0.0
Med: 5.37
Q3: 49.88
Average +13 pts over 2 years

In 2015, the debt ratio of PIECES AUTOMOBILES MARSEILLE (38.88) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
28.1% 2015
2014
2015
Q1: 4.64%
Med: 29.16%
Q3: 55.46%
Average

In 2015, the financial autonomy of PIECES AUTOMOBILES MARSEILLE (28.1%) 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
0.97 years 2015
2014
2015
Q1: 0.0 years
Med: 0.0 years
Q3: 0.77 years
Watch +42 pts over 2 years

In 2015, the repayment capacity of PIECES AUTOMOBILES MARSEILLE (0.97) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 135.81. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2015) ?
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

135.805

Interest coverage (2015) ?
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

0.203

Liquidity indicators evolution
PIECES AUTOMOBILES MARSEILLE

Sector positioning

Liquidity ratio
135.81 2015
2014
2015
Q1: 110.63
Med: 178.77
Q3: 260.44
Average

In 2015, the liquidity ratio of PIECES AUTOMOBILES MARSEILLE (135.81) 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
0.2x 2015
2014
2015
Q1: 0.0x
Med: 0.0x
Q3: 2.85x
Good +27 pts over 2 years

In 2015, the interest coverage of PIECES AUTOMOBILES MARSEILLE (0.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. Excellent situation: suppliers finance 45 days of the operating cycle (retail model). Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 28 days of revenue, i.e. 107 k€ to permanently finance.

Operating WCR (2015) ?
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

106 518 €

Customer credit (2015) ?
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

0 j

Supplier credit (2015) ?
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

45 j

Inventory turnover (2015) ?
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

28 j

WCR in days of revenue (2015) ?
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

28 j

WCR and payment terms evolution
PIECES AUTOMOBILES MARSEILLE

Positioning of PIECES AUTOMOBILES MARSEILLE in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Based on 213 transactions of similar company sales (all years), the value of PIECES AUTOMOBILES MARSEILLE is estimated at 120 454 € (range 59 633€ - 267 960€). With an EBITDA of 63 015€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.14x (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 2015
213 transactions
59k€ 120k€ 267k€
120 454 € Range: 59 633€ - 267 960€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
63 015 € × 1.3x
Estimation 83 731 €
34 425€ - 188 602€
Revenue Multiple 30%
1 363 519 € × 0.14x
Estimation 194 823 €
122 793€ - 455 558€
Net Income Multiple 20%
37 880 € × 2.7x
Estimation 100 709 €
27 914€ - 184 962€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 213 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 gros d'équipements automobiles)

Compare PIECES AUTOMOBILES MARSEILLE with other companies in the same sector:

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

Frequently asked questions about PIECES AUTOMOBILES MARSEILLE

What is the revenue of PIECES AUTOMOBILES MARSEILLE ?

The revenue of PIECES AUTOMOBILES MARSEILLE in 2015 is 1.4 M€.

Is PIECES AUTOMOBILES MARSEILLE profitable?

Yes, PIECES AUTOMOBILES MARSEILLE generated a net profit of 38 k€ in 2015.

Where is the headquarters of PIECES AUTOMOBILES MARSEILLE ?

The headquarters of PIECES AUTOMOBILES MARSEILLE is located in MARSEILLE (13015), in the department Bouches-du-Rhone.

Where to find the tax return of PIECES AUTOMOBILES MARSEILLE ?

The tax return of PIECES AUTOMOBILES MARSEILLE 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 AUTOMOBILES MARSEILLE operate?

PIECES AUTOMOBILES MARSEILLE operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.