ART SHIPPING INTERNATIONAL : revenue, balance sheet and financial ratios

ART SHIPPING INTERNATIONAL is a French company founded 31 years ago, specialized in the sector Affrètement et organisation des transports . Based in PARIS (75009), this company of category ETI shows in 2024 a revenue of 2.0 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

Financial history - ART SHIPPING INTERNATIONAL (SIREN 400094884)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 970 410 € 2 672 012 € 2 923 507 € 2 118 753 € 1 353 330 € 1 716 832 € 1 696 621 € 1 309 994 € 1 164 322 €
Net income -485 472 € -17 628 € 247 251 € 203 140 € 113 660 € 156 816 € 149 748 € 122 769 € 60 451 €
EBITDA -352 555 € -25 049 € 259 975 € 290 655 € 163 890 € 222 531 € 216 466 € 185 277 € 105 147 €
Net margin -24.6% -0.7% 8.5% 9.6% 8.4% 9.1% 8.8% 9.4% 5.2%

Revenue and income statement

In 2024, ART SHIPPING INTERNATIONAL achieves revenue of 2.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Significant drop of -26% vs 2023. After deducting consumption (-696 €), gross margin stands at 2.0 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 -353 k€, representing -17.9% of revenue. Warning negative scissor effect: despite revenue change (-26%), EBITDA varies by -1307%, reducing margin by 17.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -485 k€ (-24.6% 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

1 970 410 €

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

1 971 106 €

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

-352 555 €

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

-471 495 €

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

-485 472 €

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

-17.8%

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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 -193%. 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 -38%. 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

-193.219%

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

-37.915%

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

-18.85%

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

-1.34

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

34.8%

Solvency indicators evolution
ART SHIPPING INTERNATIONAL

Sector positioning

Debt ratio
-193.22 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of ART SHIPPING INTERNATIONAL (-193.22) 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
-37.91% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Average -28 pts over 3 years

In 2024, the financial autonomy of ART SHIPPING INTERNATIONAL (-37.9%) 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
-1.34 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent -7 pts over 3 years

In 2024, the repayment capacity of ART SHIPPING INTERNATIONAL (-1.34) 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 149.65. 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

149.651

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

-3.964

Liquidity indicators evolution
ART SHIPPING INTERNATIONAL

Sector positioning

Liquidity ratio
149.65 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Average

In 2024, the liquidity ratio of ART SHIPPING INTERNATIONAL (149.65) 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
-3.96x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average -42 pts over 3 years

In 2024, the interest coverage of ART SHIPPING INTERNATIONAL (-4.0x) 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: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. The company must finance 30 days of gap between collections and payments. Overall, WCR represents 44 days of revenue, i.e. 241 k€ to permanently finance. Over 2016-2024, WCR increased by +91%, 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

241 158 €

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

75 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

45 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

44 j

WCR and payment terms evolution
ART SHIPPING INTERNATIONAL

Positioning of ART SHIPPING INTERNATIONAL in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare ART SHIPPING INTERNATIONAL with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about ART SHIPPING INTERNATIONAL

What is the revenue of ART SHIPPING INTERNATIONAL ?

The revenue of ART SHIPPING INTERNATIONAL in 2024 is 2.0 M€.

Is ART SHIPPING INTERNATIONAL profitable?

ART SHIPPING INTERNATIONAL recorded a net loss in 2024.

Where is the headquarters of ART SHIPPING INTERNATIONAL ?

The headquarters of ART SHIPPING INTERNATIONAL is located in PARIS (75009), in the department Paris.

Where to find the tax return of ART SHIPPING INTERNATIONAL ?

The tax return of ART SHIPPING 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 ART SHIPPING INTERNATIONAL operate?

ART SHIPPING 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.