FRANCE LIGNE EXPRESS : revenue, balance sheet and financial ratios

FRANCE LIGNE EXPRESS is a French company founded 9 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in LA ROCHE-SUR-FORON (74800), this company of category PME shows in 2019 a revenue of 7.7 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 - FRANCE LIGNE EXPRESS (SIREN 821122322)
Indicator 2019 2018 2017
Revenue 7 686 621 € 5 582 306 € 4 150 696 €
Net income 2 236 € 52 823 € 60 117 €
EBITDA -123 456 € -162 496 € -126 372 €
Net margin 0.0% 0.9% 1.4%

Revenue and income statement

In 2019, FRANCE LIGNE EXPRESS achieves revenue of 7.7 M€. Over the period 2017-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +36.1%. Vs 2018, growth of +38% (5.6 M€ -> 7.7 M€). After deducting consumption (1.6 M€), gross margin stands at 6.1 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -123 k€, representing -1.6% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 686 621 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 068 295 €

EBITDA (2019) ?
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

-123 456 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

160 999 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 236 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.6%

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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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.477%

Financial autonomy (2019) ?
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

10.341%

Cash flow / Revenue (2019) ?
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

-3.69%

Repayment capacity (2019) ?
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

Asset age ratio (2019) ?
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

73.2%

Solvency indicators evolution
FRANCE LIGNE EXPRESS

Sector positioning

Debt ratio
0.48 2019
2017
2018
2019
Q1: 0.46
Med: 15.47
Q3: 65.59
Excellent

In 2019, the debt ratio of FRANCE LIGNE EXPRESS (0.48) 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
10.34% 2019
2017
2018
2019
Q1: 24.48%
Med: 41.75%
Q3: 58.2%
Watch

In 2019, the financial autonomy of FRANCE LIGNE EXPRESS (10.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.0 years 2019
2017
2018
2019
Q1: -0.0 years
Med: 0.01 years
Q3: 1.52 years
Excellent

In 2019, the repayment capacity of FRANCE LIGNE EXPRESS (-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 110.20. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

110.198

Interest coverage (2019) ?
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

-0.186

Liquidity indicators evolution
FRANCE LIGNE EXPRESS

Sector positioning

Liquidity ratio
110.2 2019
2017
2018
2019
Q1: 120.77
Med: 169.31
Q3: 277.54
Watch

In 2019, the liquidity ratio of FRANCE LIGNE EXPRESS (110.20) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-0.19x 2019
2017
2018
2019
Q1: -0.21x
Med: 0.21x
Q3: 2.95x
Average

In 2019, the interest coverage of FRANCE LIGNE EXPRESS (-0.2x) 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: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Overall, WCR represents 45 days of revenue, i.e. 961 k€ to permanently finance. Over 2017-2019, WCR increased by +1503%, requiring additional financing.

Operating WCR (2019) ?
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

960 751 €

Customer credit (2019) ?
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

35 j

Supplier credit (2019) ?
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

56 j

Inventory turnover (2019) ?
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 (2019) ?
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

45 j

WCR and payment terms evolution
FRANCE LIGNE EXPRESS

Positioning of FRANCE LIGNE EXPRESS in its sector

Comparison with sector Transports routiers réguliers de voyageurs

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of FRANCE LIGNE EXPRESS is estimated at 653 885 € (range 490 997€ - 1 466 730€). 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.

Estimated enterprise value 2019
85 tx
490k€ 653k€ 1466k€
653 885 € Range: 490 997€ - 1 466 730€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
7 686 621 € × 0.14x
Estimation 1 086 032 €
817 229€ - 2 436 360€
Net Income Multiple 20%
2 236 € × 2.5x
Estimation 5 667 €
1 650€ - 12 285€

Valuation evolution

How is this estimate calculated?

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.

  • 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 routiers réguliers de voyageurs)

Compare FRANCE LIGNE EXPRESS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs

Frequently asked questions about FRANCE LIGNE EXPRESS

What is the revenue of FRANCE LIGNE EXPRESS ?

The revenue of FRANCE LIGNE EXPRESS in 2019 is 7.7 M€.

Is FRANCE LIGNE EXPRESS profitable?

Yes, FRANCE LIGNE EXPRESS generated a net profit of 2 k€ in 2019.

Where is the headquarters of FRANCE LIGNE EXPRESS ?

The headquarters of FRANCE LIGNE EXPRESS is located in LA ROCHE-SUR-FORON (74800), in the department Haute-Savoie.

Where to find the tax return of FRANCE LIGNE EXPRESS ?

The tax return of FRANCE LIGNE EXPRESS 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 FRANCE LIGNE EXPRESS operate?

FRANCE LIGNE EXPRESS 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.