LOCATION TRANSPORTS IZARET VENDEE : revenue, balance sheet and financial ratios

LOCATION TRANSPORTS IZARET VENDEE is a French company founded 24 years ago, specialized in the sector Transports routiers de fret de proximité. Based in LES ACHARDS (85150), this company of category ETI shows in 2023 a revenue of 2.6 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 - LOCATION TRANSPORTS IZARET VENDEE (SIREN 440477370)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 2 576 686 € 2 183 647 € 1 964 996 € 1 970 277 € 1 767 390 € 1 769 469 € 1 806 380 €
Net income 107 523 € 268 447 € 135 865 € 161 420 € 187 018 € 154 299 € 180 786 €
EBITDA 262 472 € 409 080 € 382 926 € 359 577 € 265 003 € 260 008 € 333 839 €
Net margin 4.2% 12.3% 6.9% 8.2% 10.6% 8.7% 10.0%

Revenue and income statement

In 2023, LOCATION TRANSPORTS IZARET VENDEE achieves revenue of 2.6 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.2%. Vs 2021, growth of +18% (2.2 M€ -> 2.6 M€). After deducting consumption (168 k€), gross margin stands at 2.4 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 262 k€, representing 10.2% of revenue. Warning negative scissor effect: despite revenue change (+18%), EBITDA varies by -36%, reducing margin by 8.5 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 108 k€, i.e. 4.2% 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

2 576 686 €

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

2 408 259 €

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

262 472 €

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

184 032 €

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

107 523 €

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

10.2%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 80%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.9% 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

79.886%

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

43.83%

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

7.876%

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

3.55

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

13.3%

Solvency indicators evolution
LOCATION TRANSPORTS IZARET VENDEE

Sector positioning

Debt ratio
79.89 2023
2020
2021
2023
Q1: 1.5
Med: 28.16
Q3: 91.33
Average

In 2023, the debt ratio of LOCATION TRANSPORTS IZARE... (79.89) 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
43.83% 2023
2020
2021
2023
Q1: 12.41%
Med: 31.01%
Q3: 50.4%
Good

In 2023, the financial autonomy of LOCATION TRANSPORTS IZARE... (43.8%) 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
3.55 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.59 years
Average

In 2023, the repayment capacity of LOCATION TRANSPORTS IZARE... (3.55) 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 408.38. 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 5.2x. 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

408.381

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

5.162

Liquidity indicators evolution
LOCATION TRANSPORTS IZARET VENDEE

Sector positioning

Liquidity ratio
408.38 2023
2020
2021
2023
Q1: 119.95
Med: 170.24
Q3: 259.15
Excellent

In 2023, the liquidity ratio of LOCATION TRANSPORTS IZARE... (408.38) 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
5.16x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.42x
Excellent +7 pts over 3 years

In 2023, the interest coverage of LOCATION TRANSPORTS IZARE... (5.2x) 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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. Favorable situation: supplier credit is longer than customer credit by 16 days. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 19 days of revenue, i.e. 138 k€ to permanently finance. Over 2016-2023, WCR increased by +175%, 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

137 543 €

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

25 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

41 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

4 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

19 j

WCR and payment terms evolution
LOCATION TRANSPORTS IZARET VENDEE

Positioning of LOCATION TRANSPORTS IZARET VENDEE 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 LOCATION TRANSPORTS IZARET VENDEE is estimated at 485 958 € (range 193 799€ - 1 433 471€). With an EBITDA of 262 472€, 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
193k€ 485k€ 1433k€
485 958 € Range: 193 799€ - 1 433 471€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
262 472 € × 2.3x
Estimation 613 013 €
246 854€ - 1 878 234€
Revenue Multiple 30%
2 576 686 € × 0.19x
Estimation 478 222 €
181 004€ - 1 102 678€
Net Income Multiple 20%
107 523 € × 1.7x
Estimation 179 929 €
80 355€ - 817 755€

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 LOCATION TRANSPORTS IZARET VENDEE with other companies in the same sector:

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

Frequently asked questions about LOCATION TRANSPORTS IZARET VENDEE

What is the revenue of LOCATION TRANSPORTS IZARET VENDEE ?

The revenue of LOCATION TRANSPORTS IZARET VENDEE in 2023 is 2.6 M€.

Is LOCATION TRANSPORTS IZARET VENDEE profitable?

Yes, LOCATION TRANSPORTS IZARET VENDEE generated a net profit of 108 k€ in 2023.

Where is the headquarters of LOCATION TRANSPORTS IZARET VENDEE ?

The headquarters of LOCATION TRANSPORTS IZARET VENDEE is located in LES ACHARDS (85150), in the department Vendee.

Where to find the tax return of LOCATION TRANSPORTS IZARET VENDEE ?

The tax return of LOCATION TRANSPORTS IZARET VENDEE 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 LOCATION TRANSPORTS IZARET VENDEE operate?

LOCATION TRANSPORTS IZARET VENDEE 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.