SIREN : 417714664
RACECARS is a French company founded 28 years ago, specialized in the sector Activités des agences de publicité. Based in VARENNES-SUR-SEINE (77130), this company of category PME shows in 2023 a revenue of 971 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 971 000 € | 605 698 € | 652 160 € | 612 172 € | 706 942 € | 552 403 € | 536 440 € |
| Net income | 23 314 € | -105 715 € | 70 228 € | 34 522 € | 13 926 € | 13 275 € | 26 945 € |
| EBITDA | 65 930 € | -65 761 € | 61 490 € | 86 107 € | 58 436 € | 42 597 € | 24 734 € |
| Net margin | 2.4% | -17.5% | 10.8% | 5.6% | 2.0% | 2.4% | 5.0% |
In 2023, RACECARS achieves revenue of 971 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.8%. Vs 2022, growth of +60% (606 k€ -> 971 k€). After deducting consumption (153 k€), gross margin stands at 818 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 66 k€, representing 6.8% of revenue. Positive scissor effect: EBITDA margin improves by +17.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 23 k€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.
971 000 €
817 641 €
65 930 €
19 874 €
23 314 €
6.8%
The debt ratio (= Financial debt / Equity x 100) stands at 66%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 1.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
66.129%
44.675%
6.533%
1.913
9.9%
In 2023, the debt ratio of RACECARS (66.13) 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 2023, the financial autonomy of RACECARS (44.7%) 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 2023, the repayment capacity of RACECARS (1.91) 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 302.61. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
302.614
0.146
In 2023, the liquidity ratio of RACECARS (302.61) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of RACECARS (0.1x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The gap of 37 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 107 days of revenue, i.e. 288 k€ to permanently finance. Over 2016-2023, WCR increased by +183%, requiring additional financing.
287 989 €
70 j
33 j
48 j
107 j
Based on 68 transactions of similar company sales
(all years),
the value of RACECARS is estimated at
173 678 €
(range 60 952€ - 535 233€).
With an EBITDA of 65 930€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.22x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 68 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 RACECARS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de publicité
The revenue of RACECARS in 2023 is 971 k€.
Yes, RACECARS generated a net profit of 23 k€ in 2023.
The headquarters of RACECARS is located in VARENNES-SUR-SEINE (77130), in the department Seine-et-Marne.
The tax return of RACECARS 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).
RACECARS operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.