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SARL MICHEAU : revenue, balance sheet and financial ratios

SARL MICHEAU is a French company founded 26 years ago, specialized in the sector Contrôle technique automobile. Based in CAVIGNAC (33620), this company of category PME shows in 2022 a revenue of 908 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SARL MICHEAU (SIREN 431497791)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 907 860 € N/C N/C N/C N/C N/C N/C
Net income 124 128 € 141 586 € 150 531 € 126 558 € 181 948 € 90 914 € 98 464 € 36 350 €
EBITDA N/C 173 372 € N/C N/C N/C N/C N/C N/C
Net margin N/C 15.6% N/C N/C N/C N/C N/C N/C

Revenue and income statement

In 2023, SARL MICHEAU generates positive net income of 124 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 36 k€ -> 124 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

124 128 €

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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 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

101.726%

Financial autonomy (2023) ?
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

29.501%

Asset age ratio (2023) ?
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

7.2%

Solvency indicators evolution
SARL MICHEAU

Sector positioning

Debt ratio
101.73 2023
2021
2022
2023
Q1: 0.42
Med: 12.16
Q3: 59.04
Watch

In 2023, the debt ratio of SARL MICHEAU (101.73) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
29.5% 2023
2021
2022
2023
Q1: 19.91%
Med: 52.17%
Q3: 74.03%
Average -8 pts over 3 years

In 2023, the financial autonomy of SARL MICHEAU (29.5%) 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
2.81 years 2022
2022
Q1: 0.0 years
Med: 0.24 years
Q3: 2.33 years
Average

In 2022, the repayment capacity of SARL MICHEAU (2.81) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 109.61. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

109.607

Liquidity indicators evolution
SARL MICHEAU

Sector positioning

Liquidity ratio
109.61 2023
2021
2022
2023
Q1: 113.8
Med: 217.93
Q3: 404.52
Watch

In 2023, the liquidity ratio of SARL MICHEAU (109.61) 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
0.22x 2022
2022
Q1: 0.0x
Med: 0.15x
Q3: 2.92x
Good

In 2022, the interest coverage of SARL MICHEAU (0.2x) 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) and payment terms

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

Operating WCR (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
SARL MICHEAU

Positioning of SARL MICHEAU in its sector

Comparison with sector Contrôle technique automobile

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 39 520€ to 274 594€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
39k€ 156k€ 274k€
156 362 € Range: 39 520€ - 274 594€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 (Contrôle technique automobile)

Compare SARL MICHEAU with other companies in the same sector:

Frequently asked questions about SARL MICHEAU

What is the revenue of SARL MICHEAU ?

The revenue of SARL MICHEAU in 2022 is 908 k€.

Is SARL MICHEAU profitable?

Yes, SARL MICHEAU generated a net profit of 124 k€ in 2023.

Where is the headquarters of SARL MICHEAU ?

The headquarters of SARL MICHEAU is located in CAVIGNAC (33620), in the department Gironde.

Where to find the tax return of SARL MICHEAU ?

The tax return of SARL MICHEAU 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 SARL MICHEAU operate?

SARL MICHEAU operates in the sector Contrôle technique automobile (NAF code 71.20A). See the 'Sector positioning' section above to compare the company with its competitors.