FROID EXPRESS SERVICES : revenue, balance sheet and financial ratios

FROID EXPRESS SERVICES is a French company founded 18 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in LE LAMENTIN (97232), this company of category ETI shows in 2022 a revenue of 4.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FROID EXPRESS SERVICES (SIREN 501604532)
Indicator 2024 2023 2022 2021 2020 2019 2017 2016
Revenue N/C N/C 4 294 593 € 4 298 333 € 4 644 421 € 4 307 479 € 4 003 160 € 4 579 153 €
Net income 181 834 € 71 548 € -350 822 € -26 664 € 184 613 € -214 054 € -293 695 € 103 705 €
EBITDA N/C N/C -265 963 € -149 953 € 234 280 € -101 676 € -233 995 € 225 704 €
Net margin N/C N/C -8.2% -0.6% 4.0% -5.0% -7.3% 2.3%

Revenue and income statement

In 2024, FROID EXPRESS SERVICES generates positive net income of 182 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 104 k€ -> 182 k€.

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

181 834 €

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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 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.

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

30.596%

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

33.749%

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

11.8%

Solvency indicators evolution
FROID EXPRESS SERVICES

Sector positioning

Debt ratio
30.6 2024
2022
2023
2024
Q1: 0.99
Med: 13.19
Q3: 41.12
Average +13 pts over 3 years

In 2024, the debt ratio of FROID EXPRESS SERVICES (30.60) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
33.75% 2024
2022
2023
2024
Q1: 17.51%
Med: 38.8%
Q3: 57.71%
Average

In 2024, the financial autonomy of FROID EXPRESS SERVICES (33.8%) 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
-0.76 years 2022
2022
Q1: 0.0 years
Med: 0.29 years
Q3: 1.7 years
Excellent

In 2022, the repayment capacity of FROID EXPRESS SERVICES (-0.76) 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 185.13. 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

185.127

Liquidity indicators evolution
FROID EXPRESS SERVICES

Sector positioning

Liquidity ratio
185.13 2024
2022
2023
2024
Q1: 154.23
Med: 215.06
Q3: 312.46
Average

In 2024, the liquidity ratio of FROID EXPRESS SERVICES (185.13) 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
-0.68x 2022
2022
Q1: 0.0x
Med: 0.31x
Q3: 2.22x
Average

In 2022, the interest coverage of FROID EXPRESS SERVICES (-0.7x) 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.

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

0 €

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

0 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 and payment terms evolution
FROID EXPRESS SERVICES

Positioning of FROID EXPRESS SERVICES in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 95 614€ to 838 825€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
95k€ 314k€ 838k€
314 488 € Range: 95 614€ - 838 825€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare FROID EXPRESS SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about FROID EXPRESS SERVICES

What is the revenue of FROID EXPRESS SERVICES ?

The revenue of FROID EXPRESS SERVICES in 2022 is 4.3 M€.

Is FROID EXPRESS SERVICES profitable?

Yes, FROID EXPRESS SERVICES generated a net profit of 182 k€ in 2024.

Where is the headquarters of FROID EXPRESS SERVICES ?

The headquarters of FROID EXPRESS SERVICES is located in LE LAMENTIN (97232), in the department Martinique.

Where to find the tax return of FROID EXPRESS SERVICES ?

The tax return of FROID EXPRESS SERVICES 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 FROID EXPRESS SERVICES operate?

FROID EXPRESS SERVICES operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.