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RACING DEVELOPPEMENT : revenue, balance sheet and financial ratios

RACING DEVELOPPEMENT is a French company founded 22 years ago, specialized in the sector Autres activités liées au sport. Based in GUERANDE (44350), this company of category PME shows in 2021 a revenue of 804 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 - RACING DEVELOPPEMENT (SIREN 453255077)
Indicator 2024 2023 2022 2021
Revenue N/C N/C N/C 803 579 €
Net income 52 516 € 68 156 € 83 304 € 13 924 €
EBITDA N/C N/C N/C 35 145 €
Net margin N/C N/C N/C 1.7%

Revenue and income statement

In 2024, RACING DEVELOPPEMENT generates positive net income of 53 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2021-2024: 14 k€ -> 53 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

52 516 €

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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 23%. 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 73%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

22.979%

Financial autonomy (2024) ?
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

73.016%

Asset age ratio (2024) ?
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

50.6%

Solvency indicators evolution
RACING DEVELOPPEMENT

Sector positioning

Debt ratio
22.98 2024
2022
2023
2024
Q1: 0.0
Med: 4.63
Q3: 69.04
Average +6 pts over 3 years

In 2024, the debt ratio of RACING DEVELOPPEMENT (22.98) 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
73.02% 2024
2022
2023
2024
Q1: 0.0%
Med: 20.59%
Q3: 51.7%
Excellent

In 2024, the financial autonomy of RACING DEVELOPPEMENT (73.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 162.83. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

162.829

Liquidity indicators evolution
RACING DEVELOPPEMENT

Sector positioning

Liquidity ratio
162.83 2024
2022
2023
2024
Q1: 89.44
Med: 180.84
Q3: 411.87
Average +14 pts over 3 years

In 2024, the liquidity ratio of RACING DEVELOPPEMENT (162.83) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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 (2024) ?
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

0 j

Inventory turnover (2024) ?
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

0 j

WCR and payment terms evolution
RACING DEVELOPPEMENT

Positioning of RACING DEVELOPPEMENT in its sector

Comparison with sector Autres activités liées au sport

Valuation estimate

Based on 161 transactions of similar company sales (all years), the value of RACING DEVELOPPEMENT is estimated at 278 942 € (range 122 164€ - 592 524€). 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 2024
161 transactions
122k€ 278k€ 592k€
278 942 € Range: 122 164€ - 592 524€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Net Income Multiple
52 516 € × 5.3x = 278 943 €
Range: 122 165€ - 592 524€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 161 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 (Autres activités liées au sport)

Compare RACING DEVELOPPEMENT with other companies in the same sector:

Frequently asked questions about RACING DEVELOPPEMENT

What is the revenue of RACING DEVELOPPEMENT ?

The revenue of RACING DEVELOPPEMENT in 2021 is 804 k€.

Is RACING DEVELOPPEMENT profitable?

Yes, RACING DEVELOPPEMENT generated a net profit of 53 k€ in 2024.

Where is the headquarters of RACING DEVELOPPEMENT ?

The headquarters of RACING DEVELOPPEMENT is located in GUERANDE (44350), in the department Loire-Atlantique.

Where to find the tax return of RACING DEVELOPPEMENT ?

The tax return of RACING DEVELOPPEMENT 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 RACING DEVELOPPEMENT operate?

RACING DEVELOPPEMENT operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.