SIREN : 341162238
CANONGE SARL is a French company founded 39 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in LARUNS (64440), this company of category PME shows in 2024 a revenue of 1.2 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 240 252 € | 1 258 226 € | 1 257 190 € | 801 406 € | 880 741 € | 1 030 985 € | 1 019 503 € | 995 079 € | 949 767 € |
| Net income | 72 066 € | 67 874 € | 63 825 € | 74 847 € | 48 112 € | 53 472 € | 54 336 € | 68 479 € | 55 447 € |
| EBITDA | 123 839 € | 112 501 € | 103 948 € | 91 808 € | 51 496 € | 122 963 € | 123 462 € | 153 191 € | 127 568 € |
| Net margin | 5.8% | 5.4% | 5.1% | 9.3% | 5.5% | 5.2% | 5.3% | 6.9% | 5.8% |
In 2024, CANONGE SARL achieves revenue of 1.2 M€. Revenue is growing positively over 9 years (CAGR: +3.4%). Slight decline of -1% vs 2023. After deducting consumption (625 k€), gross margin stands at 615 k€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 124 k€, representing 10.0% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 72 k€, i.e. 5.8% of revenue. This profit can be retained or distributed to shareholders.
1 240 252 €
615 302 €
123 839 €
69 873 €
72 066 €
10.0%
The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
18.003%
69.277%
8.582%
1.139
25.0%
In 2024, the debt ratio of CANONGE SARL (18.00) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of CANONGE SARL (69.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of CANONGE SARL (1.14) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 417.63. 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 1.2x. Coverage is limited: any activity downturn would jeopardize interest payments.
417.632
1.173
In 2024, the liquidity ratio of CANONGE SARL (417.63) 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.
In 2024, the interest coverage of CANONGE SARL (1.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 95 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. The gap of 55 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 121 days of revenue, i.e. 416 k€ to permanently finance. Over 2016-2024, WCR increased by +194%, requiring additional financing.
416 080 €
95 j
40 j
33 j
121 j
Based on 85 transactions of similar company sales
(all years),
the value of CANONGE SARL is estimated at
175 772 €
(range 74 517€ - 443 093€).
With an EBITDA of 123 839€, the sector multiple of 1.4x is applied.
The price/revenue ratio is 0.14x
(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 85 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 CANONGE SARL with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs
The revenue of CANONGE SARL in 2024 is 1.2 M€.
Yes, CANONGE SARL generated a net profit of 72 k€ in 2024.
The headquarters of CANONGE SARL is located in LARUNS (64440), in the department Pyrenees-Atlantiques.
The tax return of CANONGE SARL 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).
CANONGE SARL operates in the sector Transports routiers réguliers de voyageurs (NAF code 49.39A). See the 'Sector positioning' section above to compare the company with its competitors.