LA SIROLAISE DE TRANSPORTS : revenue, balance sheet and financial ratios

LA SIROLAISE DE TRANSPORTS is a French company founded 29 years ago, specialized in the sector Transports routiers de fret de proximité. Based in CARROS (06510), this company of category ETI shows in 2023 a revenue of 3.5 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 - LA SIROLAISE DE TRANSPORTS (SIREN 409584406)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2014 2013 2012
Revenue 3 517 911 € N/C 3 369 631 € 1 635 160 € N/C 1 618 859 € 1 629 757 € 1 408 001 € 1 093 491 € 1 212 501 € 1 321 978 €
Net income 32 271 € 71 824 € 60 531 € 60 398 € 88 148 € 82 867 € 78 162 € 79 814 € 48 082 € 77 280 € -18 389 €
EBITDA 259 462 € N/C 265 128 € 249 004 € N/C 170 531 € 202 014 € 179 147 € 115 902 € 239 679 € 189 334 €
Net margin 0.9% N/C 1.8% 3.7% N/C 5.1% 4.8% 5.7% 4.4% 6.4% -1.4%

Revenue and income statement

In 2023, LA SIROLAISE DE TRANSPORTS achieves revenue of 3.5 M€. Over the period 2012-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.3%. After deducting consumption (3 k€), gross margin stands at 3.5 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 259 k€, representing 7.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 517 911 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 514 719 €

EBITDA (2023) ?
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

259 462 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

57 448 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

32 271 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.4%

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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 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

74.419%

Financial autonomy (2023) ?
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

11.991%

Cash flow / Revenue (2023) ?
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

6.584%

Repayment capacity (2023) ?
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

2.657

Asset age ratio (2023) ?
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

20.3%

Solvency indicators evolution
LA SIROLAISE DE TRANSPORTS

Sector positioning

Debt ratio
74.42 2023
2021
2022
2023
Q1: 1.5
Med: 28.16
Q3: 91.33
Average -7 pts over 3 years

In 2023, the debt ratio of LA SIROLAISE DE TRANSPORTS (74.42) 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
11.99% 2023
2021
2022
2023
Q1: 12.41%
Med: 31.01%
Q3: 50.4%
Average

In 2023, the financial autonomy of LA SIROLAISE DE TRANSPORTS (12.0%) 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
2.66 years 2023
2021
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.59 years
Average

In 2023, the repayment capacity of LA SIROLAISE DE TRANSPORTS (2.66) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 114.10. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

114.103

Interest coverage (2023) ?
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

7.162

Liquidity indicators evolution
LA SIROLAISE DE TRANSPORTS

Sector positioning

Liquidity ratio
114.1 2023
2021
2022
2023
Q1: 119.95
Med: 170.24
Q3: 259.15
Average

In 2023, the liquidity ratio of LA SIROLAISE DE TRANSPORTS (114.10) 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
7.16x 2023
2021
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.42x
Excellent

In 2023, the interest coverage of LA SIROLAISE DE TRANSPORTS (7.2x) 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: 489 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 497 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Overall, WCR represents 529 days of revenue, i.e. 5.2 M€ to permanently finance. Over 2012-2023, WCR increased by +379%, requiring additional financing.

Operating WCR (2023) ?
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

5 164 786 €

Customer credit (2023) ?
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

489 j

Supplier credit (2023) ?
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

497 j

Inventory turnover (2023) ?
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 (2023) ?
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

529 j

WCR and payment terms evolution
LA SIROLAISE DE TRANSPORTS

Positioning of LA SIROLAISE DE TRANSPORTS in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 53 transactions of similar company sales in 2023, the value of LA SIROLAISE DE TRANSPORTS is estimated at 509 664 € (range 200 971€ - 1 429 075€). With an EBITDA of 259 462€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.19x (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 2023
53 tx
200k€ 509k€ 1429k€
509 664 € Range: 200 971€ - 1 429 075€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
259 462 € × 2.3x
Estimation 605 983 €
244 023€ - 1 856 695€
Revenue Multiple 30%
3 517 911 € × 0.19x
Estimation 652 909 €
247 123€ - 1 505 470€
Net Income Multiple 20%
32 271 € × 1.7x
Estimation 54 002 €
24 117€ - 245 434€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 de fret de proximité)

Compare LA SIROLAISE DE TRANSPORTS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about LA SIROLAISE DE TRANSPORTS

What is the revenue of LA SIROLAISE DE TRANSPORTS ?

The revenue of LA SIROLAISE DE TRANSPORTS in 2023 is 3.5 M€.

Is LA SIROLAISE DE TRANSPORTS profitable?

Yes, LA SIROLAISE DE TRANSPORTS generated a net profit of 32 k€ in 2023.

Where is the headquarters of LA SIROLAISE DE TRANSPORTS ?

The headquarters of LA SIROLAISE DE TRANSPORTS is located in CARROS (06510), in the department Alpes-Maritimes.

Where to find the tax return of LA SIROLAISE DE TRANSPORTS ?

The tax return of LA SIROLAISE DE TRANSPORTS 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 LA SIROLAISE DE TRANSPORTS operate?

LA SIROLAISE DE TRANSPORTS operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.