SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST : revenue, balance sheet and financial ratios

SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST is a French company founded 17 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in ORVAULT (44700), this company of category GE shows in 2024 a revenue of 93.4 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 - SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST (SIREN 512956657)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 93 372 849 € 89 127 631 € 80 194 712 € 68 034 149 € 57 722 605 € 59 843 065 € 56 374 033 € 51 272 371 € 55 356 392 €
Net income 2 329 402 € 1 901 678 € 1 634 952 € 1 417 589 € 1 048 626 € 1 194 599 € 967 705 € -10 039 € 397 295 €
EBITDA 3 803 899 € 2 893 695 € 2 713 684 € 2 401 983 € 1 646 131 € 1 955 985 € 1 108 333 € 203 480 € 1 803 597 €
Net margin 2.5% 2.1% 2.0% 2.1% 1.8% 2.0% 1.7% -0.0% 0.7%

Revenue and income statement

In 2024, SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST achieves revenue of 93.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Vs 2023: +5%. After deducting consumption (75.3 M€), gross margin stands at 18.1 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.8 M€, representing 4.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.3 M€, i.e. 2.5% 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

93 372 849 €

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

18 093 797 €

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

3 803 899 €

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

3 741 417 €

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

2 329 402 €

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

4.1%

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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 1%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.5% 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

1.007%

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

31.802%

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

2.538%

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

0.033

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

24.9%

Solvency indicators evolution
SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST

Sector positioning

Debt ratio
1.01 2024
2022
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Good

In 2024, the debt ratio of SOCIETE DE PIECES ET SERV... (1.01) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
31.8% 2024
2022
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Average +8 pts over 3 years

In 2024, the financial autonomy of SOCIETE DE PIECES ET SERV... (31.8%) 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
0.03 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 1.87 years
Good

In 2024, the repayment capacity of SOCIETE DE PIECES ET SERV... (0.03) 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 141.24. 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 9.0x. 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

141.24

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

9.038

Liquidity indicators evolution
SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST

Sector positioning

Liquidity ratio
141.24 2024
2022
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Watch

In 2024, the liquidity ratio of SOCIETE DE PIECES ET SERV... (141.24) 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
9.04x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.22x
Q3: 10.11x
Good

In 2024, the interest coverage of SOCIETE DE PIECES ET SERV... (9.0x) 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. Average customer payment term: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 52 days of revenue, i.e. 13.5 M€ to permanently finance.

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

13 528 792 €

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

23 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

35 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

37 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

52 j

WCR and payment terms evolution
SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST

Positioning of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 8 280 718€ to 29 931 113€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
8280k€ 19544k€ 29931k€
19 544 829 € Range: 8 280 718€ - 29 931 113€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 de gros d'équipements automobiles)

Compare SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST with other companies in the same sector:

Frequently asked questions about SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST

What is the revenue of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST ?

The revenue of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST in 2024 is 93.4 M€.

Is SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST profitable?

Yes, SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST generated a net profit of 2.3 M€ in 2024.

Where is the headquarters of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST ?

The headquarters of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST is located in ORVAULT (44700), in the department Loire-Atlantique.

Where to find the tax return of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST ?

The tax return of SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST 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 SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST operate?

SOCIETE DE PIECES ET SERVICES AUTOMOBILE DE L'OUEST operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.