AIR SEA INTERNATIONAL : revenue, balance sheet and financial ratios

AIR SEA INTERNATIONAL is a French company founded 126 years ago, specialized in the sector Affrètement et organisation des transports . Based in ROISSY-EN-FRANCE (95700), this company of category ETI shows in 2024 a revenue of 36 k€. 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 - AIR SEA INTERNATIONAL (SIREN 302493002)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 35 924 € 3 050 628 € N/C 4 017 023 € 4 268 112 € 4 469 221 € 4 415 199 € 4 097 182 € 3 586 666 €
Net income 207 831 € -1 789 826 € -525 664 € -296 204 € 33 093 € 103 259 € 277 257 € 64 529 € 179 000 €
EBITDA -21 308 € -508 943 € N/C -233 276 € 242 277 € 241 549 € 288 267 € 182 786 € 208 128 €
Net margin 578.5% -58.7% N/C -7.4% 0.8% 2.3% 6.3% 1.6% 5.0%

Revenue and income statement

In 2024, AIR SEA INTERNATIONAL achieves revenue of 36 k€. Revenue is declining over the period 2016-2024 (CAGR: -43.8%). Significant drop of -99% vs 2023. After deducting consumption (0 €), gross margin stands at 36 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -21 k€, representing -59.3% of revenue. Warning negative scissor effect: despite revenue change (-99%), EBITDA varies by +96%, reducing margin by 42.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 208 k€, i.e. 578.5% of revenue. This profit can be retained or distributed to shareholders.

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

35 924 €

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

35 924 €

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

-21 308 €

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

47 995 €

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

207 831 €

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

-59.3%

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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 -6%. 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 -80%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-6.088%

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

-79.615%

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

-924.905%

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

-0.214

Solvency indicators evolution
AIR SEA INTERNATIONAL

Sector positioning

Debt ratio
-6.09 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of AIR SEA INTERNATIONAL (-6.09) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-79.61% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Watch

In 2024, the financial autonomy of AIR SEA INTERNATIONAL (-79.6%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.21 years 2024
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of AIR SEA INTERNATIONAL (-0.21) 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 57.95. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

57.948

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

-2.037

Liquidity indicators evolution
AIR SEA INTERNATIONAL

Sector positioning

Liquidity ratio
57.95 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Watch -12 pts over 3 years

In 2024, the liquidity ratio of AIR SEA INTERNATIONAL (57.95) 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
-2.04x 2024
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average

In 2024, the interest coverage of AIR SEA INTERNATIONAL (-2.0x) 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: 1748 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 124 days. The gap of 1624 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-10432 days): operations structurally generate cash. Notable WCR improvement over the period (-156%), freeing up cash.

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

-1 041 019 €

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

1748 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

124 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

-10432 j

WCR and payment terms evolution
AIR SEA INTERNATIONAL

Positioning of AIR SEA INTERNATIONAL in its sector

Comparison with sector Affrètement et organisation des transports

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 52 831€ to 440 092€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
52k€ 63k€ 440k€
63 517 € Range: 52 831€ - 440 092€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 23 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 AIR SEA INTERNATIONAL with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about AIR SEA INTERNATIONAL

What is the revenue of AIR SEA INTERNATIONAL ?

The revenue of AIR SEA INTERNATIONAL in 2024 is 36 k€.

Is AIR SEA INTERNATIONAL profitable?

Yes, AIR SEA INTERNATIONAL generated a net profit of 208 k€ in 2024.

Where is the headquarters of AIR SEA INTERNATIONAL ?

The headquarters of AIR SEA INTERNATIONAL is located in ROISSY-EN-FRANCE (95700), in the department Val-d'Oise.

Where to find the tax return of AIR SEA INTERNATIONAL ?

The tax return of AIR SEA 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 AIR SEA INTERNATIONAL operate?

AIR SEA INTERNATIONAL 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.