SIREN : 321840225
KEOLIS ARMOR is a French company founded 45 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in CHANTEPIE (35135), this company of category GE shows in 2024 a revenue of 36.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35 997 116 € | 36 347 361 € | 35 820 384 € | 29 228 845 € | 32 936 202 € | 44 937 612 € | 43 812 295 € | 43 030 174 € | 43 564 733 € |
| Net income | 1 129 335 € | 2 699 407 € | 2 758 559 € | 1 324 231 € | 785 257 € | 744 950 € | 714 010 € | 612 929 € | 1 489 401 € |
| EBITDA | 2 261 108 € | 3 911 412 € | 4 263 419 € | 1 750 329 € | 967 277 € | 271 242 € | -1 012 739 € | -625 177 € | 818 799 € |
| Net margin | 3.1% | 7.4% | 7.7% | 4.5% | 2.4% | 1.7% | 1.6% | 1.4% | 3.4% |
In 2024, KEOLIS ARMOR achieves revenue of 36.0 M€. Activity remains stable over the period (CAGR: -2.4%). Slight decline of -1% vs 2023. After deducting consumption (5.1 M€), gross margin stands at 30.9 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.3 M€, representing 6.3% of revenue. Warning negative scissor effect: despite revenue change (-1%), EBITDA varies by -42%, reducing margin by 4.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 3.1% of revenue. This profit can be retained or distributed to shareholders.
35 997 116 €
30 854 318 €
2 261 108 €
822 447 €
1 129 335 €
5.2%
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 57%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.028%
57.319%
5.283%
0.002
29.2%
In 2024, the debt ratio of KEOLIS ARMOR (0.03) 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.
In 2024, the financial autonomy of KEOLIS ARMOR (57.3%) 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.
In 2024, the repayment capacity of KEOLIS ARMOR (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 218.06. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
218.06
0.143
In 2024, the liquidity ratio of KEOLIS ARMOR (218.06) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of KEOLIS ARMOR (0.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The company must finance 6 days of gap between collections and payments. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 144 days of revenue, i.e. 14.4 M€ to permanently finance.
14 350 970 €
57 j
51 j
6 j
144 j
Based on 85 transactions of similar company sales
(all years),
the value of KEOLIS ARMOR is estimated at
3 680 762 €
(range 1 758 924€ - 9 154 916€).
With an EBITDA of 2 261 108€, the sector multiple of 1.4x is applied.
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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare KEOLIS ARMOR with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs
The revenue of KEOLIS ARMOR in 2024 is 36.0 M€.
Yes, KEOLIS ARMOR generated a net profit of 1.1 M€ in 2024.
The headquarters of KEOLIS ARMOR is located in CHANTEPIE (35135), in the department Ille-et-Vilaine.
The tax return of KEOLIS ARMOR 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).
KEOLIS ARMOR 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.