SIREN : 702022179
LIAISONS COURSES is a French company founded 56 years ago, specialized in the sector Transports routiers de fret de proximité. Based in SAINT-DENIS (93200), this company of category PME shows in 2020 a revenue of 1.4 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
| Indicator | 2020 | 2016 | 2015 | 2014 |
|---|---|---|---|---|
| Revenue | 1 387 329 € | 2 223 301 € | 2 286 153 € | 2 129 413 € |
| Net income | 34 405 € | 71 711 € | 69 053 € | 43 612 € |
| EBITDA | 48 961 € | 113 348 € | 150 507 € | 69 284 € |
| Net margin | 2.5% | 3.2% | 3.0% | 2.0% |
In 2020, LIAISONS COURSES achieves revenue of 1.4 M€. Revenue is declining over the period 2014-2020 (CAGR: -6.9%). Significant drop of -38% vs 2016. After deducting consumption (0 €), gross margin stands at 1.4 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 49 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
1 387 329 €
1 387 329 €
48 961 €
44 323 €
34 405 €
3.3%
The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 5.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
38.185%
42.927%
2.704%
4.952
13.1%
In 2020, the debt ratio of LIAISONS COURSES (38.19) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2020, the financial autonomy of LIAISONS COURSES (42.9%) 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.
In 2020, the repayment capacity of LIAISONS COURSES (4.95) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 180.31. 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 1.7x. Coverage is limited: any activity downturn would jeopardize interest payments.
180.312
1.716
In 2020, the liquidity ratio of LIAISONS COURSES (180.31) 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.
In 2020, the interest coverage of LIAISONS COURSES (1.7x) 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: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Overall, WCR represents 66 days of revenue, i.e. 253 k€ to permanently finance. Over 2014-2020, WCR increased by +744%, requiring additional financing.
253 423 €
78 j
97 j
0 j
66 j
Based on 60 transactions of similar company sales
in 2020,
the value of LIAISONS COURSES is estimated at
142 990 €
(range 44 245€ - 283 014€).
With an EBITDA of 48 961€, the sector multiple of 1.3x is applied.
The price/revenue ratio is 0.23x
(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 60 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 LIAISONS COURSES with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret de proximité
The revenue of LIAISONS COURSES in 2020 is 1.4 M€.
Yes, LIAISONS COURSES generated a net profit of 34 k€ in 2020.
The headquarters of LIAISONS COURSES is located in SAINT-DENIS (93200), in the department Seine-Saint-Denis.
The tax return of LIAISONS COURSES 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).
LIAISONS COURSES 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.