ASSOCIATED SHIPPING AGENCIES : revenue, balance sheet and financial ratios

ASSOCIATED SHIPPING AGENCIES is a French company founded 22 years ago, specialized in the sector Services auxiliaires des transports par eau. Based in CALAIS (62100), this company of category ETI shows in 2023 a revenue of 3.7 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 - ASSOCIATED SHIPPING AGENCIES (SIREN 452847841)
Indicator 2024 2023 2022 2021 2016
Revenue N/C 3 735 111 € 2 867 399 € N/C N/C
Net income 696 557 € 774 921 € 670 626 € 530 481 € 299 669 €
EBITDA N/C 1 042 159 € 871 493 € N/C N/C
Net margin N/C 20.7% 23.4% N/C N/C

Revenue and income statement

In 2024, ASSOCIATED SHIPPING AGENCIES generates positive net income of 697 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 300 k€ -> 697 k€.

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

696 557 €

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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 53%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory.

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

52.567%

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

35.679%

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

31.3%

Solvency indicators evolution
ASSOCIATED SHIPPING AGENCIES

Sector positioning

Debt ratio
52.57 2024
2022
2023
2024
Q1: 0.0
Med: 1.93
Q3: 50.7
Average

In 2024, the debt ratio of ASSOCIATED SHIPPING AGENCIES (52.57) 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
35.68% 2024
2022
2023
2024
Q1: 8.92%
Med: 34.89%
Q3: 61.04%
Good

In 2024, the financial autonomy of ASSOCIATED SHIPPING AGENCIES (35.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.9 years 2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.96 years
Average

In 2023, the repayment capacity of ASSOCIATED SHIPPING AGENCIES (0.90) 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 201.61. 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

201.612

Liquidity indicators evolution
ASSOCIATED SHIPPING AGENCIES

Sector positioning

Liquidity ratio
201.61 2024
2022
2023
2024
Q1: 110.59
Med: 168.81
Q3: 296.94
Good -6 pts over 3 years

In 2024, the liquidity ratio of ASSOCIATED SHIPPING AGENCIES (201.61) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.79x 2023
2022
2023
Q1: 0.0x
Med: 0.01x
Q3: 2.0x
Good

In 2023, the interest coverage of ASSOCIATED SHIPPING AGENCIES (0.8x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
ASSOCIATED SHIPPING AGENCIES

Positioning of ASSOCIATED SHIPPING AGENCIES in its sector

Comparison with sector Services auxiliaires des transports par eau

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of ASSOCIATED SHIPPING AGENCIES is estimated at 538 558 € (range 198 155€ - 1 803 520€). 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 2024
205 transactions
198k€ 538k€ 1803k€
538 558 € Range: 198 155€ - 1 803 520€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Net Income Multiple
696 557 € × 0.8x = 538 559 €
Range: 198 155€ - 1 803 520€

Only this financial indicator is available for this company.

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 par eau)

Compare ASSOCIATED SHIPPING AGENCIES with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports par eau

Frequently asked questions about ASSOCIATED SHIPPING AGENCIES

What is the revenue of ASSOCIATED SHIPPING AGENCIES ?

The revenue of ASSOCIATED SHIPPING AGENCIES in 2023 is 3.7 M€.

Is ASSOCIATED SHIPPING AGENCIES profitable?

Yes, ASSOCIATED SHIPPING AGENCIES generated a net profit of 697 k€ in 2024.

Where is the headquarters of ASSOCIATED SHIPPING AGENCIES ?

The headquarters of ASSOCIATED SHIPPING AGENCIES is located in CALAIS (62100), in the department Pas-de-Calais.

Where to find the tax return of ASSOCIATED SHIPPING AGENCIES ?

The tax return of ASSOCIATED SHIPPING AGENCIES 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 ASSOCIATED SHIPPING AGENCIES operate?

ASSOCIATED SHIPPING AGENCIES operates in the sector Services auxiliaires des transports par eau (NAF code 52.22Z). See the 'Sector positioning' section above to compare the company with its competitors.