Employees: 03 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2002-03-01 (24 years)Status: ActiveBusiness sector: Commerce et réparation de motocyclesLocation: AUBAGNE (13400), Bouches-du-Rhone
RACING PRODUCT : revenue, balance sheet and financial ratios
RACING PRODUCT is a French company
founded 24 years ago,
specialized in the sector Commerce et réparation de motocycles.
Based in AUBAGNE (13400),
this company of category PME
shows in 2019 a revenue of 2.2 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - RACING PRODUCT (SIREN 440992881)
Indicator
2022
2021
2019
2016
2015
2014
Revenue
N/C
N/C
2 232 903 €
N/C
1 309 233 €
1 273 907 €
Net income
8 416 €
66 421 €
33 187 €
28 €
5 509 €
9 626 €
EBITDA
N/C
N/C
70 338 €
N/C
-5 547 €
-67 843 €
Net margin
N/C
N/C
1.5%
N/C
0.4%
0.8%
Revenue and income statement
In 2022, RACING PRODUCT generates positive net income of 8 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2014-2022: 10 k€ -> 8 k€.
Net income (2022)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
8 416 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 143%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2022)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
142.689%
Financial autonomy (2022)
?
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
17.83%
Asset age ratio (2022)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2019
2021
2022
Debt ratio
0.81
0.621
4.46
40.885
85.119
142.689
Financial autonomy
36.812
35.759
32.31
22.677
27.081
17.83
Repayment capacity
-0.433
-0.199
None
0.045
None
None
Cash flow / Revenue
-0.368%
-0.611%
None%
1.167%
None%
None%
Sector positioning
Debt ratio
142.692022
2019
2021
2022
Q1: 11.29
Med: 45.73
Q3: 124.31
Average+23 pts over 3 years
In 2022, the debt ratio of RACING PRODUCT (142.69) 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
17.83%2022
2019
2021
2022
Q1: 20.27%
Med: 36.03%
Q3: 53.28%
Watch-7 pts over 3 years
In 2022, the financial autonomy of RACING PRODUCT (17.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
Repayment capacity
0.04 years2019
2019
Q1: 0.0 years
Med: 0.63 years
Q3: 3.5 years
Good
In 2019, the repayment capacity of RACING PRODUCT (0.04) 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 156.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2022)
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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
156.023
Liquidity indicators evolution RACING PRODUCT
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2016
2019
2021
2022
Liquidity ratio
160.047
144.049
141.672
122.204
164.085
156.023
Interest coverage
-1.929
-18.821
None
19.229
None
None
Sector positioning
Liquidity ratio
156.022022
2019
2021
2022
Q1: 159.68
Med: 218.51
Q3: 324.07
Watch
In 2022, the liquidity ratio of RACING PRODUCT (156.02) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
19.23x2019
2019
Q1: 0.0x
Med: 1.19x
Q3: 6.39x
Excellent
In 2019, the interest coverage of RACING PRODUCT (19.2x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
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 (2022)
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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 (2022)
?
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 (2022)
?
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 (2022)
?
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 PRODUCT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2019
2021
2022
Operating WCR
330 974 €
403 506 €
0 €
674 672 €
0 €
0 €
Inventory turnover (days)
121
136
0
148
0
0
Customer payment term (days)
27
30
0
27
0
0
Supplier payment term (days)
52
66
0
68
0
0
Positioning of RACING PRODUCT in its sector
Comparison with sector Commerce et réparation de motocycles
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions).
This range of 15 379€ to 30 181€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2022
Indicative
15k€17k€30k€
17 734 €Range: 15 379€ - 30 181€
NAF 5 année 2022
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 23 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 et réparation de motocycles)
Compare RACING PRODUCT with other companies in the same sector:
Yes, RACING PRODUCT generated a net profit of 8 k€ in 2022.
Where is the headquarters of RACING PRODUCT ?
The headquarters of RACING PRODUCT is located in AUBAGNE (13400), in the department Bouches-du-Rhone.
Where to find the tax return of RACING PRODUCT ?
The tax return of RACING PRODUCT 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 PRODUCT operate?
RACING PRODUCT operates in the sector Commerce et réparation de motocycles (NAF code 45.40Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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