DSV INTERNATIONAL AIR & SEA FRANCE : revenue, balance sheet and financial ratios

DSV INTERNATIONAL AIR & SEA FRANCE is a French company founded 7 years ago, specialized in the sector Affrètement et organisation des transports . Based in GENNEVILLIERS (92230), this company of category ETI shows in 2024 a revenue of 19.0 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 - DSV INTERNATIONAL AIR & SEA FRANCE (SIREN 848127163)
Indicator 2024 2023 2022 2021 2020 2019
Revenue 18 953 208 € 25 063 970 € 39 582 959 € 28 039 379 € 12 669 044 € 3 187 620 €
Net income 750 141 € 1 500 794 € 1 253 034 € 461 066 € 151 599 € 35 414 €
EBITDA 847 461 € 1 851 945 € 1 572 005 € 622 627 € 221 403 € 57 213 €
Net margin 4.0% 6.0% 3.2% 1.6% 1.2% 1.1%

Revenue and income statement

In 2024, DSV INTERNATIONAL AIR & SEA FRANCE achieves revenue of 19.0 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +42.8%. Significant drop of -24% vs 2023. After deducting consumption (0 €), gross margin stands at 19.0 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 847 k€, representing 4.5% of revenue. Warning negative scissor effect: despite revenue change (-24%), EBITDA varies by -54%, reducing margin by 2.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 750 k€, i.e. 4.0% 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

18 953 208 €

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

18 953 208 €

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

847 461 €

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

848 092 €

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

750 141 €

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

4.5%

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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 23%. The balance between equity and debt is satisfactory. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

0.0%

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

22.769%

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

3.958%

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

0.0

Solvency indicators evolution
DSV INTERNATIONAL AIR & SEA FRANCE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of DSV INTERNATIONAL AIR & S... (0.00) 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
22.77% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Average -5 pts over 3 years

In 2024, the financial autonomy of DSV INTERNATIONAL AIR & S... (22.8%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of DSV INTERNATIONAL AIR & S... (0.00) 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 137.82. 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 1.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

137.819

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

0.99

Liquidity indicators evolution
DSV INTERNATIONAL AIR & SEA FRANCE

Sector positioning

Liquidity ratio
137.82 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Average

In 2024, the liquidity ratio of DSV INTERNATIONAL AIR & S... (137.82) 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
0.99x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Good +27 pts over 3 years

In 2024, the interest coverage of DSV INTERNATIONAL AIR & S... (1.0x) 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. Average customer payment term: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Overall, WCR represents 106 days of revenue, i.e. 5.6 M€ to permanently finance. Over 2019-2024, WCR increased by +315%, 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

5 565 610 €

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

26 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

70 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

106 j

WCR and payment terms evolution
DSV INTERNATIONAL AIR & SEA FRANCE

Positioning of DSV INTERNATIONAL AIR & SEA FRANCE 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 539 191€ to 1 103 604€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
539k€ 665k€ 1103k€
665 191 € Range: 539 191€ - 1 103 604€
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 DSV INTERNATIONAL AIR & SEA FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about DSV INTERNATIONAL AIR & SEA FRANCE

What is the revenue of DSV INTERNATIONAL AIR & SEA FRANCE ?

The revenue of DSV INTERNATIONAL AIR & SEA FRANCE in 2024 is 19.0 M€.

Is DSV INTERNATIONAL AIR & SEA FRANCE profitable?

Yes, DSV INTERNATIONAL AIR & SEA FRANCE generated a net profit of 750 k€ in 2024.

Where is the headquarters of DSV INTERNATIONAL AIR & SEA FRANCE ?

The headquarters of DSV INTERNATIONAL AIR & SEA FRANCE is located in GENNEVILLIERS (92230), in the department Hauts-de-Seine.

Where to find the tax return of DSV INTERNATIONAL AIR & SEA FRANCE ?

The tax return of DSV INTERNATIONAL AIR & SEA FRANCE 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 DSV INTERNATIONAL AIR & SEA FRANCE operate?

DSV INTERNATIONAL AIR & SEA FRANCE 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.