RITCHIE BROS. AUCTIONEERS FRANCE : revenue, balance sheet and financial ratios

RITCHIE BROS. AUCTIONEERS FRANCE is a French company founded 20 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in SAINT-AUBIN-SUR-GAILLON (27600), this company of category PME shows in 2024 a revenue of 18.5 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 - RITCHIE BROS. AUCTIONEERS FRANCE (SIREN 487770091)
Indicator 2024 2023 2022 2019 2018 2017 2016
Revenue 18 544 183 € 15 556 449 € 12 197 131 € 5 844 536 € 4 887 109 € 7 040 290 € 6 626 587 €
Net income 152 549 € 639 843 € 1 125 953 € 448 248 € 578 077 € 168 119 € 332 668 €
EBITDA 576 165 € 1 546 929 € 1 949 536 € 1 064 097 € 4 886 810 € 621 952 € 867 064 €
Net margin 0.8% 4.1% 9.2% 7.7% 11.8% 2.4% 5.0%

Revenue and income statement

In 2024, RITCHIE BROS. AUCTIONEERS FRANCE achieves revenue of 18.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.7%. Vs 2023, growth of +19% (15.6 M€ -> 18.5 M€). After deducting consumption (41 k€), gross margin stands at 18.5 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 576 k€, representing 3.1% of revenue. Warning negative scissor effect: despite revenue change (+19%), EBITDA varies by -63%, reducing margin by 6.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 153 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 544 183 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

18 503 044 €

EBITDA (2024) ?
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

576 165 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

416 589 €

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

152 549 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.1%

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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 964%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 33.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

964.095%

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

7.175%

Cash flow / Revenue (2024) ?
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

1.903%

Repayment capacity (2024) ?
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

33.398

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

45.4%

Solvency indicators evolution
RITCHIE BROS. AUCTIONEERS FRANCE

Sector positioning

Debt ratio
964.1 2024
2022
2023
2024
Q1: 0.0
Med: 5.61
Q3: 47.03
Average

In 2024, the debt ratio of RITCHIE BROS. AUCTIONEERS... (964.10) 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
7.17% 2024
2022
2023
2024
Q1: 6.21%
Med: 32.46%
Q3: 67.88%
Average

In 2024, the financial autonomy of RITCHIE BROS. AUCTIONEERS... (7.2%) 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
33.4 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.29 years
Watch

In 2024, the repayment capacity of RITCHIE BROS. AUCTIONEERS... (33.40) 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 401.49. 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 39.0x. Operating income very largely covers interest expenses: high safety margin.

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

401.488

Interest coverage (2024) ?
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

38.969

Liquidity indicators evolution
RITCHIE BROS. AUCTIONEERS FRANCE

Sector positioning

Liquidity ratio
401.49 2024
2022
2023
2024
Q1: 120.11
Med: 218.14
Q3: 571.7
Good -12 pts over 3 years

In 2024, the liquidity ratio of RITCHIE BROS. AUCTIONEERS... (401.49) 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
38.97x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.61x
Excellent

In 2024, the interest coverage of RITCHIE BROS. AUCTIONEERS... (39.0x) 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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The company must finance 2 days of gap between collections and payments. Overall, WCR represents 71 days of revenue, i.e. 3.6 M€ to permanently finance. Over 2016-2024, WCR increased by +349%, requiring additional financing.

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

3 642 634 €

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

17 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

15 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 in days of revenue (2024) ?
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

71 j

WCR and payment terms evolution
RITCHIE BROS. AUCTIONEERS FRANCE

Positioning of RITCHIE BROS. AUCTIONEERS FRANCE in its sector

Comparison with sector Autres activités de soutien aux entreprises n.c.a.

Valuation estimate

Based on 131 transactions of similar company sales (all years), the value of RITCHIE BROS. AUCTIONEERS FRANCE is estimated at 3 482 220 € (range 1 440 655€ - 6 451 298€). With an EBITDA of 576 165€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.36x (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 2024
131 transactions
1440k€ 3482k€ 6451k€
3 482 220 € Range: 1 440 655€ - 6 451 298€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
576 165 € × 4.8x
Estimation 2 794 291 €
839 050€ - 4 807 028€
Revenue Multiple 30%
18 544 183 € × 0.36x
Estimation 6 613 096 €
3 302 905€ - 12 499 940€
Net Income Multiple 20%
152 549 € × 3.3x
Estimation 505 732 €
151 295€ - 1 489 009€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 131 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 de soutien aux entreprises n.c.a.)

Compare RITCHIE BROS. AUCTIONEERS FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.

Frequently asked questions about RITCHIE BROS. AUCTIONEERS FRANCE

What is the revenue of RITCHIE BROS. AUCTIONEERS FRANCE ?

The revenue of RITCHIE BROS. AUCTIONEERS FRANCE in 2024 is 18.5 M€.

Is RITCHIE BROS. AUCTIONEERS FRANCE profitable?

Yes, RITCHIE BROS. AUCTIONEERS FRANCE generated a net profit of 153 k€ in 2024.

Where is the headquarters of RITCHIE BROS. AUCTIONEERS FRANCE ?

The headquarters of RITCHIE BROS. AUCTIONEERS FRANCE is located in SAINT-AUBIN-SUR-GAILLON (27600), in the department Eure.

Where to find the tax return of RITCHIE BROS. AUCTIONEERS FRANCE ?

The tax return of RITCHIE BROS. AUCTIONEERS FRANCE 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 RITCHIE BROS. AUCTIONEERS FRANCE operate?

RITCHIE BROS. AUCTIONEERS FRANCE operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.