GLOBAL AIRLINE SERVICES : revenue, balance sheet and financial ratios

GLOBAL AIRLINE SERVICES is a French company founded 21 years ago, specialized in the sector Affrètement et organisation des transports . Based in ROISSY-EN-FRANCE (95700), this company of category ETI shows in 2024 a revenue of 4.7 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 - GLOBAL AIRLINE SERVICES (SIREN 479927402)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 4 746 920 € 4 628 577 € 9 062 552 € 6 744 762 € 5 778 057 € N/C 2 557 022 € 2 446 912 €
Net income 1 394 573 € 1 091 518 € 455 425 € 228 344 € 83 935 € 70 327 € 29 207 € 5 201 €
EBITDA 1 165 979 € 1 353 458 € 625 845 € 316 922 € 104 378 € N/C 18 737 € 1 749 €
Net margin 29.4% 23.6% 5.0% 3.4% 1.5% N/C 1.1% 0.2%

Revenue and income statement

In 2024, GLOBAL AIRLINE SERVICES achieves revenue of 4.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.6%. Vs 2023: +3%. After deducting consumption (0 €), gross margin stands at 4.7 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 1.2 M€, representing 24.6% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -14%, reducing margin by 4.7 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 29.4% 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

4 746 920 €

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

4 746 920 €

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

1 165 979 €

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

1 150 684 €

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

1 394 573 €

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

24.6%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

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 28%. The balance between equity and debt is satisfactory. 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 29.7% 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

0.141%

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

28.343%

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

29.651%

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

0.001

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

20.7%

Solvency indicators evolution
GLOBAL AIRLINE SERVICES

Sector positioning

Debt ratio
0.14 2024
2021
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Good

In 2024, the debt ratio of GLOBAL AIRLINE SERVICES (0.14) 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
28.34% 2024
2021
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Average -6 pts over 3 years

In 2024, the financial autonomy of GLOBAL AIRLINE SERVICES (28.3%) 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
2021
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Good

In 2024, the repayment capacity of GLOBAL AIRLINE SERVICES (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 150.76. 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 1.4x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

150.758

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

1.408

Liquidity indicators evolution
GLOBAL AIRLINE SERVICES

Sector positioning

Liquidity ratio
150.76 2024
2021
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Average +7 pts over 3 years

In 2024, the liquidity ratio of GLOBAL AIRLINE SERVICES (150.76) 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
1.41x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Good +30 pts over 3 years

In 2024, the interest coverage of GLOBAL AIRLINE SERVICES (1.4x) 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: 201 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 511 days. Excellent situation: suppliers finance 310 days of the operating cycle (retail model). Overall, WCR represents 273 days of revenue, i.e. 3.6 M€ to permanently finance. Over 2016-2024, WCR increased by +1978%, 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

3 598 213 €

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

201 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

511 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

273 j

WCR and payment terms evolution
GLOBAL AIRLINE SERVICES

Positioning of GLOBAL AIRLINE SERVICES 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 768 174€ to 1 737 706€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
768k€ 946k€ 1737k€
946 856 € Range: 768 174€ - 1 737 706€
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 GLOBAL AIRLINE SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about GLOBAL AIRLINE SERVICES

What is the revenue of GLOBAL AIRLINE SERVICES ?

The revenue of GLOBAL AIRLINE SERVICES in 2024 is 4.7 M€.

Is GLOBAL AIRLINE SERVICES profitable?

Yes, GLOBAL AIRLINE SERVICES generated a net profit of 1.4 M€ in 2024.

Where is the headquarters of GLOBAL AIRLINE SERVICES ?

The headquarters of GLOBAL AIRLINE SERVICES is located in ROISSY-EN-FRANCE (95700), in the department Val-d'Oise.

Where to find the tax return of GLOBAL AIRLINE SERVICES ?

The tax return of GLOBAL AIRLINE 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 GLOBAL AIRLINE SERVICES operate?

GLOBAL AIRLINE SERVICES 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.