COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA : revenue, balance sheet and financial ratios

COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA is a French company founded 10 years ago, specialized in the sector Transports urbains et suburbains de voyageurs. Based in LE RHEU (35650), this company of category GE shows in 2024 a revenue of 195 k€. 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 - COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA (SIREN 814870853)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 195 254 € 4 634 241 € 4 185 485 € 3 969 358 € 3 291 607 € 4 416 518 € 4 182 667 € 4 220 624 € N/C
Net income 1 081 836 € 531 044 € 384 598 € 323 694 € 422 933 € 298 026 € 405 901 € 426 283 € -122 224 €
EBITDA 1 237 733 € 221 051 € 526 568 € 325 282 € 499 309 € 310 910 € 52 967 € 236 716 € -122 224 €
Net margin 554.1% 11.5% 9.2% 8.2% 12.8% 6.7% 9.7% 10.1% N/C

Revenue and income statement

In 2024, COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA achieves revenue of 195 k€. Revenue is declining over the period 2017-2024 (CAGR: -35.5%). Significant drop of -96% vs 2023. After deducting consumption (-6 k€), gross margin stands at 201 k€, i.e. a rate of 103%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 633.9% of revenue. Positive scissor effect: EBITDA margin improves by +629.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 554.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

195 254 €

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

201 016 €

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

1 237 733 €

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

1 227 105 €

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

1 081 836 €

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

183.8%

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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 0%. 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 57%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 158.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

0.191%

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

57.438%

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

158.291%

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

0.004

Solvency indicators evolution
COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA

Sector positioning

Debt ratio
0.19 2024
2022
2023
2024
Q1: 0.0
Med: 0.28
Q3: 27.58
Good +17 pts over 3 years

In 2024, the debt ratio of COMPAGNIE DES TRANSPORTS ... (0.19) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
57.44% 2024
2022
2023
2024
Q1: 6.39%
Med: 17.87%
Q3: 42.0%
Excellent +43 pts over 3 years

In 2024, the financial autonomy of COMPAGNIE DES TRANSPORTS ... (57.4%) 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.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.09 years
Average +26 pts over 3 years

In 2024, the repayment capacity of COMPAGNIE DES TRANSPORTS ... (0.00) 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 235.51. 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

235.508

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

0.0

Liquidity indicators evolution
COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA

Sector positioning

Liquidity ratio
235.51 2024
2022
2023
2024
Q1: 100.43
Med: 129.12
Q3: 209.11
Excellent +23 pts over 3 years

In 2024, the liquidity ratio of COMPAGNIE DES TRANSPORTS ... (235.51) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.6x
Average

In 2024, the interest coverage of COMPAGNIE DES TRANSPORTS ... (0.0x) 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. Overall, WCR represents 3826 days of revenue, i.e. 2.1 M€ to permanently finance.

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

2 075 023 €

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

-10 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

3826 j

WCR and payment terms evolution
COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA

Positioning of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA in its sector

Comparison with sector Transports urbains et suburbains de voyageurs

Valuation estimate

Based on 206 transactions of similar company sales (all years), the value of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA is estimated at 3 400 630 € (range 1 543 124€ - 6 772 355€). With an EBITDA of 1 237 733€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.48x (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.

Estimated enterprise value 2024
206 transactions
1543k€ 3400k€ 6772k€
3 400 630 € Range: 1 543 124€ - 6 772 355€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
1 237 733 € × 4.2x
Estimation 5 210 176 €
2 489 407€ - 9 745 929€
Revenue Multiple 30%
195 254 € × 0.48x
Estimation 94 094 €
37 524€ - 167 220€
Net Income Multiple 20%
1 081 836 € × 3.5x
Estimation 3 836 574 €
1 435 821€ - 9 246 122€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 206 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 (Transports urbains et suburbains de voyageurs)

Compare COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA with other companies in the same sector:

Voir toutes les statistiques du secteur Transports urbains et suburbains de voyageurs

Frequently asked questions about COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA

What is the revenue of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA ?

The revenue of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA in 2024 is 195 k€.

Is COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA profitable?

Yes, COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA ?

The headquarters of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA is located in LE RHEU (35650), in the department Ille-et-Vilaine.

Where to find the tax return of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA ?

The tax return of COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA 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 COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA operate?

COMPAGNIE DES TRANSPORTS GOLFE DU MORBIHAN VANNES AGGLOMERATION CTGMVA operates in the sector Transports urbains et suburbains de voyageurs (NAF code 49.31Z). See the 'Sector positioning' section above to compare the company with its competitors.