ADVANCED AIR SUPPORT INTERNATIONAL : revenue, balance sheet and financial ratios

ADVANCED AIR SUPPORT INTERNATIONAL is a French company founded 7 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in LE BOURGET (93350), this company of category GE shows in 2024 a revenue of 11.5 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 - ADVANCED AIR SUPPORT INTERNATIONAL (SIREN 841280704)
Indicator 2024 2023 2021 2020 2019 2018
Revenue 11 474 695 € 13 638 984 € 8 783 429 € 6 506 234 € 8 822 349 € 4 273 797 €
Net income -126 524 € 1 316 980 € -199 014 € -1 410 602 € -609 149 € -1 141 590 €
EBITDA 1 180 576 € 1 586 816 € 1 054 013 € -1 095 799 € -299 239 € -710 328 €
Net margin -1.1% 9.7% -2.3% -21.7% -6.9% -26.7%

Revenue and income statement

In 2024, ADVANCED AIR SUPPORT INTERNATIONAL achieves revenue of 11.5 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.9%. Significant drop of -16% vs 2023. After deducting consumption (1.1 M€), gross margin stands at 10.4 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 10.3% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -127 k€ (-1.1% of revenue), which will impact equity.

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

11 474 695 €

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

10 402 128 €

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

1 180 576 €

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

63 578 €

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

-126 524 €

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

10.3%

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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 2%. 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 23%. 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 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

2.01%

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

23.237%

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

8.615%

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

0.045

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

68.0%

Solvency indicators evolution
ADVANCED AIR SUPPORT INTERNATIONAL

Sector positioning

Debt ratio
2.01 2024
2021
2023
2024
Q1: 0.0
Med: 1.0
Q3: 50.08
Average +26 pts over 3 years

In 2024, the debt ratio of ADVANCED AIR SUPPORT INTE... (2.01) 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
23.24% 2024
2021
2023
2024
Q1: 3.49%
Med: 23.63%
Q3: 43.9%
Average +25 pts over 3 years

In 2024, the financial autonomy of ADVANCED AIR SUPPORT INTE... (23.2%) 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
0.04 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.08 years
Average

In 2024, the repayment capacity of ADVANCED AIR SUPPORT INTE... (0.04) 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 35.79. 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 22.5x. 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

35.787

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

22.475

Liquidity indicators evolution
ADVANCED AIR SUPPORT INTERNATIONAL

Sector positioning

Liquidity ratio
35.79 2024
2021
2023
2024
Q1: 103.71
Med: 133.95
Q3: 202.29
Watch

In 2024, the liquidity ratio of ADVANCED AIR SUPPORT INTE... (35.79) 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
22.48x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 6.25x
Excellent

In 2024, the interest coverage of ADVANCED AIR SUPPORT INTE... (22.5x) 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. WCR is negative (-74 days): operations structurally generate cash. Over 2018-2024, WCR increased by +54%, 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

-2 343 133 €

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

80 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

80 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

-74 j

WCR and payment terms evolution
ADVANCED AIR SUPPORT INTERNATIONAL

Positioning of ADVANCED AIR SUPPORT INTERNATIONAL in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of ADVANCED AIR SUPPORT INTERNATIONAL is estimated at 1 327 855 € (range 654 858€ - 3 582 633€). With an EBITDA of 1 180 576€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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
205 transactions
654k€ 1327k€ 3582k€
1 327 855 € Range: 654 858€ - 3 582 633€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
1 180 576 € × 0.9x
Estimation 1 093 703 €
386 301€ - 2 519 266€
Revenue Multiple 30%
11 474 695 € × 0.15x
Estimation 1 718 110 €
1 102 455€ - 5 354 912€
How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Services auxiliaires des transports aériens)

Compare ADVANCED AIR SUPPORT INTERNATIONAL with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about ADVANCED AIR SUPPORT INTERNATIONAL

What is the revenue of ADVANCED AIR SUPPORT INTERNATIONAL ?

The revenue of ADVANCED AIR SUPPORT INTERNATIONAL in 2024 is 11.5 M€.

Is ADVANCED AIR SUPPORT INTERNATIONAL profitable?

ADVANCED AIR SUPPORT INTERNATIONAL recorded a net loss in 2024.

Where is the headquarters of ADVANCED AIR SUPPORT INTERNATIONAL ?

The headquarters of ADVANCED AIR SUPPORT INTERNATIONAL is located in LE BOURGET (93350), in the department Seine-Saint-Denis.

Where to find the tax return of ADVANCED AIR SUPPORT INTERNATIONAL ?

The tax return of ADVANCED AIR SUPPORT INTERNATIONAL 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 ADVANCED AIR SUPPORT INTERNATIONAL operate?

ADVANCED AIR SUPPORT INTERNATIONAL operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.