SIREN : 388318313
ALTAI FRANCE is a French company founded 33 years ago, specialized in the sector Activités des voyagistes. Based in MARSEILLE (13016), this company of category ETI shows in 2023 a revenue of 40.0 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 40 018 318 € | 27 773 241 € | 8 394 411 € | 9 196 751 € | 19 599 325 € | 19 848 022 € | 20 789 465 € |
| Net income | 2 239 € | 203 107 € | -1 691 881 € | -2 634 602 € | 677 691 € | 1 365 609 € | -555 913 € |
| EBITDA | 840 739 € | 38 966 € | -1 260 157 € | -2 241 218 € | 635 240 € | 17 300 761 € | 16 741 984 € |
| Net margin | 0.0% | 0.7% | -20.2% | -28.6% | 3.5% | 6.9% | -2.7% |
In 2023, ALTAI FRANCE achieves revenue of 40.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.8%. Vs 2022, growth of +44% (27.8 M€ -> 40.0 M€). After deducting consumption (0 €), gross margin stands at 40.0 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 841 k€, representing 2.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.
40 018 318 €
40 018 318 €
840 739 €
645 276 €
2 239 €
2.1%
The debt ratio (= Financial debt / Equity x 100) stands at -808%. 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 -4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 15.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
-808.35%
-4.323%
0.948%
15.263
21.4%
In 2023, the debt ratio of ALTAI FRANCE (-808.35) 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.
In 2023, the financial autonomy of ALTAI FRANCE (-4.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of ALTAI FRANCE (15.26) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 137.62. 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 24.7x. Operating income very largely covers interest expenses: high safety margin.
137.619
24.717
In 2023, the liquidity ratio of ALTAI FRANCE (137.62) 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.
In 2023, the interest coverage of ALTAI FRANCE (24.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Overall, WCR represents 34 days of revenue, i.e. 3.8 M€ to permanently finance. Over 2016-2023, WCR increased by +578%, requiring additional financing.
3 809 744 €
22 j
23 j
0 j
34 j
Based on 68 transactions of similar company sales
(all years),
the value of ALTAI FRANCE is estimated at
3 277 702 €
(range 1 327 848€ - 8 827 972€).
With an EBITDA of 840 739€, the sector multiple of 3.6x 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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 68 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ALTAI FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des voyagistes
The revenue of ALTAI FRANCE in 2023 is 40.0 M€.
Yes, ALTAI FRANCE generated a net profit of 2 k€ in 2023.
The headquarters of ALTAI FRANCE is located in MARSEILLE (13016), in the department Bouches-du-Rhone.
The tax return of ALTAI FRANCE 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).
ALTAI FRANCE operates in the sector Activités des voyagistes (NAF code 79.12Z). See the 'Sector positioning' section above to compare the company with its competitors.