SPEED AUTOMOBILES 57 : revenue, balance sheet and financial ratios

SPEED AUTOMOBILES 57 is a French company founded 14 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in UCKANGE (57270), this company of category PME shows in 2023 a revenue of 6.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - SPEED AUTOMOBILES 57 (SIREN 751056334)
Indicator 2023 2022 2021 2018
Revenue 5 981 275 € 6 644 057 € 7 112 981 € 4 600 848 €
Net income -202 775 € 263 219 € 184 858 € 95 230 €
EBITDA -217 331 € 198 894 € 222 266 € 164 612 €
Net margin -3.4% 4.0% 2.6% 2.1%

Revenue and income statement

In 2023, SPEED AUTOMOBILES 57 achieves revenue of 6.0 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. Slight decline of -10% vs 2022. After deducting consumption (5.8 M€), gross margin stands at 225 k€, i.e. a rate of 4%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -217 k€, representing -3.6% of revenue. Warning negative scissor effect: despite revenue change (-10%), EBITDA varies by -209%, reducing margin by 6.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -203 k€ (-3.4% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 981 275 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

224 754 €

EBITDA (2023) ?
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

-217 331 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-213 897 €

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

-202 775 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.6%

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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 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 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

24.32%

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

51.769%

Cash flow / Revenue (2023) ?
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

-3.353%

Repayment capacity (2023) ?
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

-1.208

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

82.6%

Solvency indicators evolution
SPEED AUTOMOBILES 57

Sector positioning

Debt ratio
24.32 2023
2021
2022
2023
Q1: 5.35
Med: 46.58
Q3: 142.41
Good

In 2023, the debt ratio of SPEED AUTOMOBILES 57 (24.32) 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
51.77% 2023
2021
2022
2023
Q1: 10.97%
Med: 26.91%
Q3: 51.24%
Excellent +16 pts over 3 years

In 2023, the financial autonomy of SPEED AUTOMOBILES 57 (51.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-1.21 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 4.09 years
Excellent -35 pts over 3 years

In 2023, the repayment capacity of SPEED AUTOMOBILES 57 (-1.21) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 252.76. 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

252.757

Interest coverage (2023) ?
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

-0.467

Liquidity indicators evolution
SPEED AUTOMOBILES 57

Sector positioning

Liquidity ratio
252.76 2023
2021
2022
2023
Q1: 135.15
Med: 203.86
Q3: 381.72
Good +14 pts over 3 years

In 2023, the liquidity ratio of SPEED AUTOMOBILES 57 (252.76) 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
-0.47x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.1x
Q3: 18.92x
Average -28 pts over 3 years

In 2023, the interest coverage of SPEED AUTOMOBILES 57 (-0.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 8 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Inventory turnover is 88 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 66 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2018-2023, WCR increased by +189%, requiring additional financing.

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

1 094 872 €

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

4 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

8 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

88 j

WCR in days of revenue (2023) ?
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

66 j

WCR and payment terms evolution
SPEED AUTOMOBILES 57

Positioning of SPEED AUTOMOBILES 57 in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 149 transactions of similar company sales in 2023, the value of SPEED AUTOMOBILES 57 is estimated at 757 608 € (range 423 337€ - 1 870 235€). The price/revenue ratio is 0.13x (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 2023
149 transactions
423k€ 757k€ 1870k€
757 608 € Range: 423 337€ - 1 870 235€
NAF 5 année 2023

Valuation method used

Revenue Multiple
5 981 275 € × 0.13x = 757 609 €
Range: 423 338€ - 1 870 236€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 149 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 voitures et de véhicules automobiles légers)

Compare SPEED AUTOMOBILES 57 with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about SPEED AUTOMOBILES 57

What is the revenue of SPEED AUTOMOBILES 57 ?

The revenue of SPEED AUTOMOBILES 57 in 2023 is 6.0 M€.

Is SPEED AUTOMOBILES 57 profitable?

SPEED AUTOMOBILES 57 recorded a net loss in 2023.

Where is the headquarters of SPEED AUTOMOBILES 57 ?

The headquarters of SPEED AUTOMOBILES 57 is located in UCKANGE (57270), in the department Moselle.

Where to find the tax return of SPEED AUTOMOBILES 57 ?

The tax return of SPEED AUTOMOBILES 57 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 SPEED AUTOMOBILES 57 operate?

SPEED AUTOMOBILES 57 operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.