AFFRETEMENTS TRAVAUX PUBLICS : revenue, balance sheet and financial ratios

AFFRETEMENTS TRAVAUX PUBLICS is a French company founded 35 years ago, specialized in the sector Affrètement et organisation des transports . Based in L'UNION (31240), this company of category PME shows in 2022 a revenue of 20.1 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 - AFFRETEMENTS TRAVAUX PUBLICS (SIREN 381704519)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 20 062 360 € 20 066 050 € 14 987 941 € 19 098 773 € 17 164 168 € 14 331 991 € 11 962 142 €
Net income 439 025 € 518 257 € 415 393 € 529 689 € 502 923 € 266 614 € 193 474 €
EBITDA 618 602 € 779 792 € 440 351 € 794 548 € 587 256 € 497 954 € 345 748 €
Net margin 2.2% 2.6% 2.8% 2.8% 2.9% 1.9% 1.6%

Revenue and income statement

In 2022, AFFRETEMENTS TRAVAUX PUBLICS achieves revenue of 20.1 M€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +9.0%. Slight decline of -0% vs 2021. After deducting consumption (0 €), gross margin stands at 20.1 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 619 k€, representing 3.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 439 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

20 062 360 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

20 062 360 €

EBITDA (2022) ?
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

618 602 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

450 422 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

439 025 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.1%

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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 5%. 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 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.878%

Financial autonomy (2022) ?
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

18.567%

Cash flow / Revenue (2022) ?
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

2.992%

Repayment capacity (2022) ?
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

0.111

Asset age ratio (2022) ?
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

43.1%

Solvency indicators evolution
AFFRETEMENTS TRAVAUX PUBLICS

Sector positioning

Debt ratio
4.88 2022
2020
2021
2022
Q1: 0.0
Med: 9.06
Q3: 56.97
Good -16 pts over 3 years

In 2022, the debt ratio of AFFRETEMENTS TRAVAUX PUBLICS (4.88) 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
18.57% 2022
2020
2021
2022
Q1: 12.83%
Med: 30.08%
Q3: 48.96%
Average

In 2022, the financial autonomy of AFFRETEMENTS TRAVAUX PUBLICS (18.6%) 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
0.11 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.09 years
Q3: 1.48 years
Average -8 pts over 3 years

In 2022, the repayment capacity of AFFRETEMENTS TRAVAUX PUBLICS (0.11) 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 123.41. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

123.412

Interest coverage (2022) ?
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

0.003

Liquidity indicators evolution
AFFRETEMENTS TRAVAUX PUBLICS

Sector positioning

Liquidity ratio
123.41 2022
2020
2021
2022
Q1: 120.01
Med: 155.71
Q3: 224.86
Average

In 2022, the liquidity ratio of AFFRETEMENTS TRAVAUX PUBLICS (123.41) 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
0.0x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.41x
Q3: 3.78x
Average -31 pts over 3 years

In 2022, the interest coverage of AFFRETEMENTS TRAVAUX PUBLICS (0.0x) 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: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 87 days of revenue, i.e. 4.9 M€ to permanently finance.

Operating WCR (2022) ?
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

4 858 702 €

Customer credit (2022) ?
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

79 j

Supplier credit (2022) ?
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

75 j

Inventory turnover (2022) ?
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 (2022) ?
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

87 j

WCR and payment terms evolution
AFFRETEMENTS TRAVAUX PUBLICS

Positioning of AFFRETEMENTS TRAVAUX PUBLICS in its sector

Comparison with sector Affrètement et organisation des transports

Valuation estimate

Based on 167 transactions of similar company sales (all years), the value of AFFRETEMENTS TRAVAUX PUBLICS is estimated at 971 069 € (range 690 528€ - 1 704 243€). With an EBITDA of 618 602€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.11x (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 2022
167 transactions
690k€ 971k€ 1704k€
971 069 € Range: 690 528€ - 1 704 243€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
618 602 € × 0.9x
Estimation 554 028 €
202 415€ - 770 293€
Revenue Multiple 30%
20 062 360 € × 0.11x
Estimation 2 127 862 €
1 886 252€ - 3 734 431€
Net Income Multiple 20%
439 025 € × 0.6x
Estimation 278 487 €
117 226€ - 993 840€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 167 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 (Affrètement et organisation des transports )

Compare AFFRETEMENTS TRAVAUX PUBLICS with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about AFFRETEMENTS TRAVAUX PUBLICS

What is the revenue of AFFRETEMENTS TRAVAUX PUBLICS ?

The revenue of AFFRETEMENTS TRAVAUX PUBLICS in 2022 is 20.1 M€.

Is AFFRETEMENTS TRAVAUX PUBLICS profitable?

Yes, AFFRETEMENTS TRAVAUX PUBLICS generated a net profit of 439 k€ in 2022.

Where is the headquarters of AFFRETEMENTS TRAVAUX PUBLICS ?

The headquarters of AFFRETEMENTS TRAVAUX PUBLICS is located in L'UNION (31240), in the department Haute-Garonne.

Where to find the tax return of AFFRETEMENTS TRAVAUX PUBLICS ?

The tax return of AFFRETEMENTS TRAVAUX PUBLICS 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 AFFRETEMENTS TRAVAUX PUBLICS operate?

AFFRETEMENTS TRAVAUX PUBLICS operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.