Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2022-02-01 (4 years)Status: ActiveBusiness sector: Entretien et réparation d'autres véhicules automobilesLocation: LENS (62300), Pas-de-Calais
RECTIFICATION 62 : revenue, balance sheet and financial ratios
RECTIFICATION 62 is a French company
founded 4 years ago,
specialized in the sector Entretien et réparation d'autres véhicules automobiles.
Based in LENS (62300),
this company of category PME
shows in 2024 a revenue of 411 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - RECTIFICATION 62 (SIREN 910131523)
Indicator
2024
2023
Revenue
411 110 €
499 603 €
Net income
14 106 €
-17 111 €
EBITDA
17 581 €
-18 762 €
Net margin
3.4%
-3.4%
Revenue and income statement
In 2024, RECTIFICATION 62 achieves revenue of 411 k€. Significant drop of -18% vs 2023. After deducting consumption (77 k€), gross margin stands at 334 k€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 18 k€, representing 4.3% of revenue. Positive scissor effect: EBITDA margin improves by +8.0 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 14 k€, i.e. 3.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
411 110 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
333 660 €
EBITDA (2024)
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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
17 581 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
15 133 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
14 106 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
4.3%
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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
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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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%
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Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 54%. 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 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2024)
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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
23.504%
Financial autonomy (2024)
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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
54.476%
Cash flow / Revenue (2024)
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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
3.976%
Repayment capacity (2024)
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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
2.936
Asset age ratio (2024)
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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
2023
2024
Debt ratio
19.215
23.504
Financial autonomy
56.212
54.476
Repayment capacity
-1.71
2.936
Cash flow / Revenue
-4.114%
3.976%
Sector positioning
Debt ratio
23.52024
2023
2024
Q1: 1.99
Med: 16.61
Q3: 54.29
Average+7 pts over 2 years
In 2024, the debt ratio of RECTIFICATION 62 (23.50) 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
54.48%2024
2023
2024
Q1: 28.49%
Med: 50.33%
Q3: 66.52%
Good-9 pts over 2 years
In 2024, the financial autonomy of RECTIFICATION 62 (54.5%) 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.
Repayment capacity
2.94 years2024
2023
2024
Q1: 0.0 years
Med: 0.26 years
Q3: 1.56 years
Watch+52 pts over 2 years
In 2024, the repayment capacity of RECTIFICATION 62 (2.94) 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 262.69. 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 16.0x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
262.686
Interest coverage (2024)
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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
15.989
Liquidity indicators evolution RECTIFICATION 62
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2023
2024
Liquidity ratio
283.727
262.686
Interest coverage
-10.926
15.989
Sector positioning
Liquidity ratio
262.692024
2023
2024
Q1: 171.52
Med: 240.06
Q3: 341.51
Good-8 pts over 2 years
In 2024, the liquidity ratio of RECTIFICATION 62 (262.69) 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.
Interest coverage
15.99x2024
2023
2024
Q1: 0.0x
Med: 0.89x
Q3: 4.59x
Excellent+51 pts over 2 years
In 2024, the interest coverage of RECTIFICATION 62 (16.0x) 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. Average customer payment term: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Excellent situation: suppliers finance 82 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 8 days of revenue, i.e. 9 k€ to permanently finance.
Operating WCR (2024)
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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
9 464 €
Customer credit (2024)
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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 (2024)
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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
91 j
Inventory turnover (2024)
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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
1 j
WCR in days of revenue (2024)
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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
8 j
WCR and payment terms evolution RECTIFICATION 62
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2023
2024
Operating WCR
17 941 €
9 464 €
Inventory turnover (days)
0
1
Customer payment term (days)
10
9
Supplier payment term (days)
80
91
Positioning of RECTIFICATION 62 in its sector
Comparison with sector Entretien et réparation d'autres véhicules automobiles
Valuation estimate
Based on 147 transactions of similar company sales
in 2024,
the value of RECTIFICATION 62 is estimated at
104 146 €
(range 51 386€ - 188 305€).
With an EBITDA of 17 581€, the sector multiple of 5.5x is applied.
The price/revenue ratio is 0.35x
(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 value2024
147 transactions
51k€104k€188k€
104 146 €Range: 51 386€ - 188 305€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
17 581 €×5.5x
Estimation97 105 €
37 077€ - 157 501€
Revenue Multiple30%
411 110 €×0.35x
Estimation142 716 €
94 594€ - 267 855€
Net Income Multiple20%
14 106 €×4.5x
Estimation63 895 €
22 351€ - 145 994€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 147 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 (Entretien et réparation d'autres véhicules automobiles)
Compare RECTIFICATION 62 with other companies in the same sector:
The revenue of RECTIFICATION 62 in 2024 is 411 k€.
Is RECTIFICATION 62 profitable?
Yes, RECTIFICATION 62 generated a net profit of 14 k€ in 2024.
Where is the headquarters of RECTIFICATION 62 ?
The headquarters of RECTIFICATION 62 is located in LENS (62300), in the department Pas-de-Calais.
Where to find the tax return of RECTIFICATION 62 ?
The tax return of RECTIFICATION 62 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 RECTIFICATION 62 operate?
RECTIFICATION 62 operates in the sector Entretien et réparation d'autres véhicules automobiles (NAF code 45.20B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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