AEROPORT DE LA REUNION ROLAND GARROS : revenue, balance sheet and financial ratios

AEROPORT DE LA REUNION ROLAND GARROS is a French company founded 15 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in SAINTE-MARIE (97438), this company of category ETI shows in 2023 a revenue of 81.6 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 - AEROPORT DE LA REUNION ROLAND GARROS (SIREN 528194434)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue 81 617 000 € 71 999 000 € 49 235 000 € 43 246 000 € 70 810 000 € N/C 58 352 000 €
Net income 6 096 000 € 8 843 000 € -1 956 000 € -6 329 000 € 5 791 000 € 6 873 000 € 4 323 000 €
EBITDA 55 571 000 € 27 094 000 € 13 356 000 € 5 995 000 € 24 717 000 € N/C 38 704 000 €
Net margin 7.5% 12.3% -4.0% -14.6% 8.2% N/C 7.4%

Revenue and income statement

In 2023, AEROPORT DE LA REUNION ROLAND GARROS achieves revenue of 81.6 M€. Revenue is growing positively over 7 years (CAGR: +4.9%). Vs 2022, growth of +13% (72.0 M€ -> 81.6 M€). After deducting consumption (0 €), gross margin stands at 81.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 55.6 M€, representing 68.1% of revenue. Positive scissor effect: EBITDA margin improves by +30.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.1 M€, i.e. 7.5% 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

81 617 000 €

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

81 617 000 €

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

55 571 000 €

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

10 254 000 €

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

6 096 000 €

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

68.1%

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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 28.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

35.977%

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

62.648%

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

28.358%

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

3.315

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

54.9%

Solvency indicators evolution
AEROPORT DE LA REUNION ROLAND GARROS

Sector positioning

Debt ratio
35.98 2023
2021
2022
2023
Q1: 0.0
Med: 1.9
Q3: 66.33
Average -5 pts over 3 years

In 2023, the debt ratio of AEROPORT DE LA REUNION RO... (35.98) 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
62.65% 2023
2021
2022
2023
Q1: 2.6%
Med: 21.0%
Q3: 38.57%
Excellent

In 2023, the financial autonomy of AEROPORT DE LA REUNION RO... (62.6%) 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
3.31 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 1.56 years
Watch

In 2023, the repayment capacity of AEROPORT DE LA REUNION RO... (3.31) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 0.16. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement. The interest coverage ratio (= EBIT / Interest expenses) is 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

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

0.158

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

0.135

Liquidity indicators evolution
AEROPORT DE LA REUNION ROLAND GARROS

Sector positioning

Liquidity ratio
0.16 2023
2021
2022
2023
Q1: 102.78
Med: 131.13
Q3: 195.26
Watch -73 pts over 3 years

In 2023, the liquidity ratio of AEROPORT DE LA REUNION RO... (0.16) 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
0.14x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.08x
Q3: 5.93x
Good -26 pts over 3 years

In 2023, the interest coverage of AEROPORT DE LA REUNION RO... (0.1x) 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. WCR is negative (-180 days): operations structurally generate cash. Notable WCR improvement over the period (-536%), freeing up cash.

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

-40 836 250 €

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 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

-180 j

WCR and payment terms evolution
AEROPORT DE LA REUNION ROLAND GARROS

Positioning of AEROPORT DE LA REUNION ROLAND GARROS 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 AEROPORT DE LA REUNION ROLAND GARROS is estimated at 30 349 714 € (range 11 791 102€ - 73 875 537€). With an EBITDA of 55 571 000€, 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 2023
205 transactions
11791k€ 30349k€ 73875k€
30 349 714 € Range: 11 791 102€ - 73 875 537€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
55 571 000 € × 0.9x
Estimation 51 481 801 €
18 183 621€ - 118 584 595€
Revenue Multiple 30%
81 617 000 € × 0.15x
Estimation 12 220 542 €
7 841 522€ - 38 088 322€
Net Income Multiple 20%
6 096 000 € × 0.8x
Estimation 4 713 259 €
1 734 178€ - 15 783 718€
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 AEROPORT DE LA REUNION ROLAND GARROS with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about AEROPORT DE LA REUNION ROLAND GARROS

What is the revenue of AEROPORT DE LA REUNION ROLAND GARROS ?

The revenue of AEROPORT DE LA REUNION ROLAND GARROS in 2023 is 81.6 M€.

Is AEROPORT DE LA REUNION ROLAND GARROS profitable?

Yes, AEROPORT DE LA REUNION ROLAND GARROS generated a net profit of 6.1 M€ in 2023.

Where is the headquarters of AEROPORT DE LA REUNION ROLAND GARROS ?

The headquarters of AEROPORT DE LA REUNION ROLAND GARROS is located in SAINTE-MARIE (97438), in the department La Reunion.

Where to find the tax return of AEROPORT DE LA REUNION ROLAND GARROS ?

The tax return of AEROPORT DE LA REUNION ROLAND GARROS 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 AEROPORT DE LA REUNION ROLAND GARROS operate?

AEROPORT DE LA REUNION ROLAND GARROS 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.