ETS MARITIME DE CARONTE ET DE FOS : revenue, balance sheet and financial ratios

ETS MARITIME DE CARONTE ET DE FOS is a French company founded 70 years ago, specialized in the sector Manutention portuaire. Based in MARTIGUES (13117), this company of category ETI shows in 2024 a revenue of 20.3 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 - ETS MARITIME DE CARONTE ET DE FOS (SIREN 561620121)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 20 346 072 € 26 218 769 € 28 367 797 € 22 948 734 € 22 406 796 € 25 338 215 € 31 439 547 € 27 508 015 € 24 476 840 €
Net income -1 613 073 € 1 072 718 € -811 080 € -701 587 € -134 620 € -1 145 065 € 293 390 € -426 540 € 223 232 €
EBITDA 892 230 € 850 190 € -266 396 € 942 203 € 952 822 € 938 452 € 2 009 473 € 1 212 382 € 1 150 121 €
Net margin -7.9% 4.1% -2.9% -3.1% -0.6% -4.5% 0.9% -1.6% 0.9%

Revenue and income statement

In 2024, ETS MARITIME DE CARONTE ET DE FOS achieves revenue of 20.3 M€. Activity remains stable over the period (CAGR: -2.3%). Significant drop of -22% vs 2023. After deducting consumption (322 k€), gross margin stands at 20.0 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 892 k€, representing 4.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.6 M€ (-7.9% of revenue), which will impact equity.

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

20 346 072 €

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

20 024 315 €

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

892 230 €

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

15 441 €

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

-1 613 073 €

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

4.4%

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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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 1.6% 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

0.081%

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

6.451%

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

1.58%

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

0.002

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

10.8%

Solvency indicators evolution
ETS MARITIME DE CARONTE ET DE FOS

Sector positioning

Debt ratio
0.08 2024
2022
2023
2024
Q1: 0.0
Med: 0.12
Q3: 32.9
Good +16 pts over 3 years

In 2024, the debt ratio of ETS MARITIME DE CARONTE E... (0.08) 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
6.45% 2024
2022
2023
2024
Q1: 2.46%
Med: 31.11%
Q3: 53.2%
Average

In 2024, the financial autonomy of ETS MARITIME DE CARONTE E... (6.5%) 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: 0.0 years
Q3: 1.32 years
Good +25 pts over 3 years

In 2024, the repayment capacity of ETS MARITIME DE CARONTE E... (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 101.74. 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 0.0x. 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

101.739

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

0.001

Liquidity indicators evolution
ETS MARITIME DE CARONTE ET DE FOS

Sector positioning

Liquidity ratio
101.74 2024
2022
2023
2024
Q1: 100.02
Med: 150.5
Q3: 213.08
Average +6 pts over 3 years

In 2024, the liquidity ratio of ETS MARITIME DE CARONTE E... (101.74) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.28x
Q3: 7.42x
Average

In 2024, the interest coverage of ETS MARITIME DE CARONTE E... (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. Average customer payment term: 120 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 143 days. Favorable situation: supplier credit is longer than customer credit by 23 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 59 days of revenue, i.e. 3.3 M€ to permanently finance. Over 2016-2024, WCR increased by +22%, 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

3 349 981 €

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

120 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

143 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

3 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

59 j

WCR and payment terms evolution
ETS MARITIME DE CARONTE ET DE FOS

Positioning of ETS MARITIME DE CARONTE ET DE FOS in its sector

Comparison with sector Manutention portuaire

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of ETS MARITIME DE CARONTE ET DE FOS is estimated at 1 659 018 € (range 915 515€ - 4 750 571€). With an EBITDA of 892 230€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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
205 transactions
915k€ 1659k€ 4750k€
1 659 018 € Range: 915 515€ - 4 750 571€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
892 230 € × 0.9x
Estimation 826 575 €
291 950€ - 1 903 956€
Revenue Multiple 30%
20 346 072 € × 0.15x
Estimation 3 046 425 €
1 954 791€ - 9 494 930€
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 (Manutention portuaire)

Compare ETS MARITIME DE CARONTE ET DE FOS with other companies in the same sector:

Voir toutes les statistiques du secteur Manutention portuaire

Frequently asked questions about ETS MARITIME DE CARONTE ET DE FOS

What is the revenue of ETS MARITIME DE CARONTE ET DE FOS ?

The revenue of ETS MARITIME DE CARONTE ET DE FOS in 2024 is 20.3 M€.

Is ETS MARITIME DE CARONTE ET DE FOS profitable?

ETS MARITIME DE CARONTE ET DE FOS recorded a net loss in 2024.

Where is the headquarters of ETS MARITIME DE CARONTE ET DE FOS ?

The headquarters of ETS MARITIME DE CARONTE ET DE FOS is located in MARTIGUES (13117), in the department Bouches-du-Rhone.

Where to find the tax return of ETS MARITIME DE CARONTE ET DE FOS ?

The tax return of ETS MARITIME DE CARONTE ET DE FOS 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 ETS MARITIME DE CARONTE ET DE FOS operate?

ETS MARITIME DE CARONTE ET DE FOS operates in the sector Manutention portuaire (NAF code 52.24A). See the 'Sector positioning' section above to compare the company with its competitors.