WARSEMANN AUTOMOBILES BRACIEUX : revenue, balance sheet and financial ratios

WARSEMANN AUTOMOBILES BRACIEUX is a French company founded 30 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in BRACIEUX (41250), this company of category ETI shows in 2023 a revenue of 32.6 M€. 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 - WARSEMANN AUTOMOBILES BRACIEUX (SIREN 403119241)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 32 644 952 € 29 096 562 € 30 678 499 € 30 050 331 € 31 258 580 € 30 786 372 € 29 256 616 € 28 636 810 €
Net income 98 484 € 425 825 € 276 464 € 264 823 € 503 311 € 297 941 € -113 723 € 276 049 €
EBITDA 1 556 092 € 1 186 277 € 1 563 080 € 1 814 658 € 2 345 673 € 1 799 549 € 1 129 158 € 3 583 754 €
Net margin 0.3% 1.5% 0.9% 0.9% 1.6% 1.0% -0.4% 1.0%

Revenue and income statement

In 2023, WARSEMANN AUTOMOBILES BRACIEUX achieves revenue of 32.6 M€. Revenue is growing positively over 8 years (CAGR: +1.9%). Vs 2022, growth of +12% (29.1 M€ -> 32.6 M€). After deducting consumption (25.3 M€), gross margin stands at 7.3 M€, i.e. a rate of 22%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 4.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 98 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.

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

32 644 952 €

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

7 341 091 €

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

1 556 092 €

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

568 089 €

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

98 484 €

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

4.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. 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 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

93.248%

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

24.945%

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

5.035%

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

2.919

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

44.9%

Solvency indicators evolution
WARSEMANN AUTOMOBILES BRACIEUX

Sector positioning

Debt ratio
93.25 2023
2021
2022
2023
Q1: 5.31
Med: 46.55
Q3: 142.32
Average +6 pts over 3 years

In 2023, the debt ratio of WARSEMANN AUTOMOBILES BRA... (93.25) 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
24.95% 2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Average +6 pts over 3 years

In 2023, the financial autonomy of WARSEMANN AUTOMOBILES BRA... (24.9%) 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
2.92 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 4.09 years
Average

In 2023, the repayment capacity of WARSEMANN AUTOMOBILES BRA... (2.92) 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 144.66. 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 40.0x. Operating income very largely covers interest expenses: high safety margin.

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

144.663

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

39.985

Liquidity indicators evolution
WARSEMANN AUTOMOBILES BRACIEUX

Sector positioning

Liquidity ratio
144.66 2023
2021
2022
2023
Q1: 135.04
Med: 203.84
Q3: 381.78
Average

In 2023, the liquidity ratio of WARSEMANN AUTOMOBILES BRA... (144.66) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
39.98x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.09x
Q3: 18.9x
Excellent

In 2023, the interest coverage of WARSEMANN AUTOMOBILES BRA... (40.0x) 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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Excellent situation: suppliers finance 100 days of the operating cycle (retail model). Inventory turnover is 119 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 142 days of revenue, i.e. 12.9 M€ to permanently finance. Over 2016-2023, WCR increased by +23%, 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

12 893 124 €

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

10 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

110 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

119 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

142 j

WCR and payment terms evolution
WARSEMANN AUTOMOBILES BRACIEUX

Positioning of WARSEMANN AUTOMOBILES BRACIEUX 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 WARSEMANN AUTOMOBILES BRACIEUX is estimated at 2 314 472 € (range 962 004€ - 5 775 752€). With an EBITDA of 1 556 092€, the sector multiple of 1.3x is applied. 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
962k€ 2314k€ 5775k€
2 314 472 € Range: 962 004€ - 5 775 752€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 556 092 € × 1.3x
Estimation 2 066 678 €
517 385€ - 5 282 202€
Revenue Multiple 30%
32 644 952 € × 0.13x
Estimation 4 134 922 €
2 310 518€ - 10 207 481€
Net Income Multiple 20%
98 484 € × 2.1x
Estimation 203 283 €
50 780€ - 362 035€

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 WARSEMANN AUTOMOBILES BRACIEUX 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 WARSEMANN AUTOMOBILES BRACIEUX

What is the revenue of WARSEMANN AUTOMOBILES BRACIEUX ?

The revenue of WARSEMANN AUTOMOBILES BRACIEUX in 2023 is 32.6 M€.

Is WARSEMANN AUTOMOBILES BRACIEUX profitable?

Yes, WARSEMANN AUTOMOBILES BRACIEUX generated a net profit of 98 k€ in 2023.

Where is the headquarters of WARSEMANN AUTOMOBILES BRACIEUX ?

The headquarters of WARSEMANN AUTOMOBILES BRACIEUX is located in BRACIEUX (41250), in the department Loir-et-Cher.

Where to find the tax return of WARSEMANN AUTOMOBILES BRACIEUX ?

The tax return of WARSEMANN AUTOMOBILES BRACIEUX 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 WARSEMANN AUTOMOBILES BRACIEUX operate?

WARSEMANN AUTOMOBILES BRACIEUX 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.