GRP PORTEURS BAGAGES PORT DE MARSEILLE : revenue, balance sheet and financial ratios

GRP PORTEURS BAGAGES PORT DE MARSEILLE is a French company founded 26 years ago, specialized in the sector Manutention portuaire. Based in MARSEILLE (13002), this company of category PME shows in 2022 a revenue of 3.3 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 - GRP PORTEURS BAGAGES PORT DE MARSEILLE (SIREN 430201566)
Indicator 2022 2021 2020 2016 2015
Revenue 3 334 350 € 1 146 690 € 461 417 € 3 858 898 € 4 008 856 €
Net income -17 809 € -7 533 € -629 196 € 450 714 € 704 322 €
EBITDA 244 546 € -903 464 € -809 133 € 674 758 € 1 026 408 €
Net margin -0.5% -0.7% -136.4% 11.7% 17.6%

Revenue and income statement

In 2022, GRP PORTEURS BAGAGES PORT DE MARSEILLE achieves revenue of 3.3 M€. Activity remains stable over the period (CAGR: -2.6%). Vs 2021, growth of +191% (1.1 M€ -> 3.3 M€). After deducting consumption (0 €), gross margin stands at 3.3 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 245 k€, representing 7.3% of revenue. Positive scissor effect: EBITDA margin improves by +86.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -18 k€ (-0.5% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 334 350 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 334 350 €

EBITDA (2022) ?
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

244 546 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

190 845 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-17 809 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.3%

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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 21%. 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 60%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.462%

Financial autonomy (2022) ?
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

59.937%

Cash flow / Revenue (2022) ?
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

3.545%

Repayment capacity (2022) ?
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

6.257

Asset age ratio (2022) ?
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

44.9%

Solvency indicators evolution
GRP PORTEURS BAGAGES PORT DE MARSEILLE

Sector positioning

Debt ratio
21.46 2022
2020
2021
2022
Q1: 0.0
Med: 3.82
Q3: 51.27
Average +6 pts over 3 years

In 2022, the debt ratio of GRP PORTEURS BAGAGES PORT... (21.46) 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
59.94% 2022
2020
2021
2022
Q1: 4.76%
Med: 28.22%
Q3: 54.17%
Excellent -9 pts over 3 years

In 2022, the financial autonomy of GRP PORTEURS BAGAGES PORT... (59.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
6.26 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.05 years
Q3: 1.98 years
Watch +52 pts over 3 years

In 2022, the repayment capacity of GRP PORTEURS BAGAGES PORT... (6.26) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 334.81. 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 119.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

334.812

Interest coverage (2022) ?
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

119.478

Liquidity indicators evolution
GRP PORTEURS BAGAGES PORT DE MARSEILLE

Sector positioning

Liquidity ratio
334.81 2022
2020
2021
2022
Q1: 110.43
Med: 172.42
Q3: 271.02
Excellent

In 2022, the liquidity ratio of GRP PORTEURS BAGAGES PORT... (334.81) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
119.48x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.34x
Q3: 4.67x
Excellent +51 pts over 3 years

In 2022, the interest coverage of GRP PORTEURS BAGAGES PORT... (119.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Favorable situation: supplier credit is longer than customer credit by 26 days. WCR is negative (-60 days): operations structurally generate cash. Notable WCR improvement over the period (-73%), freeing up cash.

Operating WCR (2022) ?
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

-559 671 €

Customer credit (2022) ?
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

56 j

Supplier credit (2022) ?
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

82 j

Inventory turnover (2022) ?
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 (2022) ?
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

-60 j

WCR and payment terms evolution
GRP PORTEURS BAGAGES PORT DE MARSEILLE

Positioning of GRP PORTEURS BAGAGES PORT DE MARSEILLE in its sector

Comparison with sector Manutention portuaire

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of GRP PORTEURS BAGAGES PORT DE MARSEILLE is estimated at 328 814 € (range 170 144€ - 909 669€). With an EBITDA of 244 546€, 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 2022
205 transactions
170k€ 328k€ 909k€
328 814 € Range: 170 144€ - 909 669€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
244 546 € × 0.9x
Estimation 226 551 €
80 019€ - 521 844€
Revenue Multiple 30%
3 334 350 € × 0.15x
Estimation 499 253 €
320 355€ - 1 556 046€
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 GRP PORTEURS BAGAGES PORT DE MARSEILLE with other companies in the same sector:

Voir toutes les statistiques du secteur Manutention portuaire

Frequently asked questions about GRP PORTEURS BAGAGES PORT DE MARSEILLE

What is the revenue of GRP PORTEURS BAGAGES PORT DE MARSEILLE ?

The revenue of GRP PORTEURS BAGAGES PORT DE MARSEILLE in 2022 is 3.3 M€.

Is GRP PORTEURS BAGAGES PORT DE MARSEILLE profitable?

GRP PORTEURS BAGAGES PORT DE MARSEILLE recorded a net loss in 2022.

Where is the headquarters of GRP PORTEURS BAGAGES PORT DE MARSEILLE ?

The headquarters of GRP PORTEURS BAGAGES PORT DE MARSEILLE is located in MARSEILLE (13002), in the department Bouches-du-Rhone.

Where to find the tax return of GRP PORTEURS BAGAGES PORT DE MARSEILLE ?

The tax return of GRP PORTEURS BAGAGES PORT DE MARSEILLE 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 GRP PORTEURS BAGAGES PORT DE MARSEILLE operate?

GRP PORTEURS BAGAGES PORT DE MARSEILLE operates in the sector Manutention portuaire (NAF code 52.24A). See the 'Sector positioning' section above to compare the company with its competitors.