KEOLIS PAYS D'ARTOIS : revenue, balance sheet and financial ratios

KEOLIS PAYS D'ARTOIS is a French company founded 32 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in SAINTE-CATHERINE (62223), this company of category GE shows in 2024 a revenue of 2.4 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 - KEOLIS PAYS D'ARTOIS (SIREN 392354304)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 372 084 € 2 632 958 € 2 337 773 € 1 564 768 € 1 041 768 € 1 772 608 € 1 601 342 € 1 358 357 € 2 650 260 €
Net income 382 567 € 206 298 € 300 035 € 13 306 € -92 271 € -14 766 € -63 382 € -278 823 € -204 600 €
EBITDA 292 768 € 362 736 € 303 418 € -38 800 € -243 056 € -73 082 € -231 988 € -314 021 € -41 976 €
Net margin 16.1% 7.8% 12.8% 0.9% -8.9% -0.8% -4.0% -20.5% -7.7%

Revenue and income statement

In 2024, KEOLIS PAYS D'ARTOIS achieves revenue of 2.4 M€. Activity remains stable over the period (CAGR: -1.4%). Slight decline of -10% vs 2023. After deducting consumption (425 k€), gross margin stands at 1.9 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 293 k€, representing 12.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 383 k€, i.e. 16.1% 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

2 372 084 €

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

1 946 958 €

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

292 768 €

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

340 417 €

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

382 567 €

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

6.0%

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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 48%. 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 8.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

0.022%

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

47.672%

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

8.805%

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

31.2%

Solvency indicators evolution
KEOLIS PAYS D'ARTOIS

Sector positioning

Debt ratio
0.02 2024
2022
2023
2024
Q1: 0.05
Med: 13.36
Q3: 53.47
Excellent

In 2024, the debt ratio of KEOLIS PAYS D'ARTOIS (0.02) 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
47.67% 2024
2022
2023
2024
Q1: 19.49%
Med: 38.63%
Q3: 57.22%
Good +22 pts over 3 years

In 2024, the financial autonomy of KEOLIS PAYS D'ARTOIS (47.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.3 years
Good

In 2024, the repayment capacity of KEOLIS PAYS D'ARTOIS (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 164.79. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

164.792

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

0.762

Liquidity indicators evolution
KEOLIS PAYS D'ARTOIS

Sector positioning

Liquidity ratio
164.79 2024
2022
2023
2024
Q1: 120.71
Med: 178.19
Q3: 288.37
Average +18 pts over 3 years

In 2024, the liquidity ratio of KEOLIS PAYS D'ARTOIS (164.79) 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
0.76x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 3.69x
Good

In 2024, the interest coverage of KEOLIS PAYS D'ARTOIS (0.8x) 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: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 15 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 266 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2024, WCR increased by +111%, 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

1 754 868 €

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

96 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

110 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

15 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

266 j

WCR and payment terms evolution
KEOLIS PAYS D'ARTOIS

Positioning of KEOLIS PAYS D'ARTOIS 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 KEOLIS PAYS D'ARTOIS is estimated at 499 360 € (range 189 623€ - 1 227 445€). With an EBITDA of 292 768€, 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.

Estimated enterprise value 2024
85 tx
189k€ 499k€ 1227k€
499 360 € Range: 189 623€ - 1 227 445€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
292 768 € × 1.4x
Estimation 409 819 €
115 004€ - 1 162 993€
Revenue Multiple 30%
2 372 084 € × 0.14x
Estimation 335 149 €
252 196€ - 751 858€
Net Income Multiple 20%
382 567 € × 2.5x
Estimation 969 531 €
282 315€ - 2 101 959€

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 KEOLIS PAYS D'ARTOIS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs

Frequently asked questions about KEOLIS PAYS D'ARTOIS

What is the revenue of KEOLIS PAYS D'ARTOIS ?

The revenue of KEOLIS PAYS D'ARTOIS in 2024 is 2.4 M€.

Is KEOLIS PAYS D'ARTOIS profitable?

Yes, KEOLIS PAYS D'ARTOIS generated a net profit of 383 k€ in 2024.

Where is the headquarters of KEOLIS PAYS D'ARTOIS ?

The headquarters of KEOLIS PAYS D'ARTOIS is located in SAINTE-CATHERINE (62223), in the department Pas-de-Calais.

Where to find the tax return of KEOLIS PAYS D'ARTOIS ?

The tax return of KEOLIS PAYS D'ARTOIS 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 KEOLIS PAYS D'ARTOIS operate?

KEOLIS PAYS D'ARTOIS 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.