AZPEITIA SERVICES : revenue, balance sheet and financial ratios

AZPEITIA SERVICES is a French company founded 22 years ago, specialized in the sector Affrètement et organisation des transports . Based in BENESSE-MAREMNE (40230), this company of category PME shows in 2022 a revenue of 1.7 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 - AZPEITIA SERVICES (SIREN 451411433)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 1 679 742 € 1 053 432 € 982 035 € 1 001 487 € 946 530 € 748 165 € 757 323 €
Net income 602 559 € 616 781 € 404 647 € 277 566 € 286 953 € 252 625 € 118 280 € 92 675 € 173 990 €
EBITDA N/C N/C 691 854 € 455 046 € 405 154 € 447 716 € 248 984 € 209 292 € 325 270 €
Net margin N/C N/C 24.1% 26.3% 29.2% 25.2% 12.5% 12.4% 23.0%

Revenue and income statement

In 2024, AZPEITIA SERVICES generates positive net income of 603 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 174 k€ -> 603 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

602 559 €

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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 126%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

126.257%

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

40.265%

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

69.1%

Solvency indicators evolution
AZPEITIA SERVICES

Sector positioning

Debt ratio
126.26 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Watch

In 2024, the debt ratio of AZPEITIA SERVICES (126.26) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
40.27% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Good +6 pts over 3 years

In 2024, the financial autonomy of AZPEITIA SERVICES (40.3%) 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
3.32 years 2022
2022
Q1: 0.0 years
Med: 0.09 years
Q3: 1.48 years
Average

In 2022, the repayment capacity of AZPEITIA SERVICES (3.32) 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 374.08. 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

374.076

Liquidity indicators evolution
AZPEITIA SERVICES

Sector positioning

Liquidity ratio
374.08 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Excellent

In 2024, the liquidity ratio of AZPEITIA SERVICES (374.08) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
3.48x 2022
2022
Q1: 0.0x
Med: 0.41x
Q3: 3.78x
Good

In 2022, the interest coverage of AZPEITIA SERVICES (3.5x) 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
AZPEITIA SERVICES

Positioning of AZPEITIA SERVICES 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 153 174€ to 1 275 949€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
153k€ 184k€ 1275k€
184 154 € Range: 153 174€ - 1 275 949€
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 AZPEITIA SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about AZPEITIA SERVICES

What is the revenue of AZPEITIA SERVICES ?

The revenue of AZPEITIA SERVICES in 2022 is 1.7 M€.

Is AZPEITIA SERVICES profitable?

Yes, AZPEITIA SERVICES generated a net profit of 603 k€ in 2024.

Where is the headquarters of AZPEITIA SERVICES ?

The headquarters of AZPEITIA SERVICES is located in BENESSE-MAREMNE (40230), in the department Landes.

Where to find the tax return of AZPEITIA SERVICES ?

The tax return of AZPEITIA SERVICES 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 AZPEITIA SERVICES operate?

AZPEITIA SERVICES 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.