MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO : revenue, balance sheet and financial ratios

MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO is a French company founded 30 years ago, specialized in the sector Transports routiers de fret interurbains. Based in VILLENEUVE-LOUBET (06270), this company of category PME shows in 2023 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 - MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO (SIREN 405302415)
Indicator 2023 2022 2021 2019 2018 2017 2016 2015 2014
Revenue 2 378 084 € 2 277 174 € 1 996 881 € 1 689 651 € 1 675 693 € 1 423 501 € 1 232 651 € 1 086 372 € 1 117 526 €
Net income 37 724 € 44 691 € 36 764 € 93 246 € 96 171 € 76 935 € 51 433 € 42 871 € 44 509 €
EBITDA 105 580 € 44 119 € 8 614 € 23 597 € 38 751 € 65 678 € 27 174 € 32 497 € 35 384 €
Net margin 1.6% 2.0% 1.8% 5.5% 5.7% 5.4% 4.2% 3.9% 4.0%

Revenue and income statement

In 2023, MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO achieves revenue of 2.4 M€. Over the period 2014-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.8%. Vs 2022: +4%. After deducting consumption (0 €), gross margin stands at 2.4 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 106 k€, representing 4.4% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 38 k€, i.e. 1.6% 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

2 378 084 €

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

2 378 084 €

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

105 580 €

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

44 779 €

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

37 724 €

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

4.3%

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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 48%. 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 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

47.714%

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

43.44%

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

3.857%

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

1.956

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

28.8%

Solvency indicators evolution
MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO

Sector positioning

Debt ratio
47.71 2023
2021
2022
2023
Q1: 4.55
Med: 33.71
Q3: 97.62
Average +8 pts over 3 years

In 2023, the debt ratio of MESSAGERIE TRANSPORTS DIS... (47.71) 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
43.44% 2023
2021
2022
2023
Q1: 17.6%
Med: 34.08%
Q3: 51.24%
Good

In 2023, the financial autonomy of MESSAGERIE TRANSPORTS DIS... (43.4%) 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
1.96 years 2023
2021
2022
2023
Q1: -0.01 years
Med: 0.11 years
Q3: 2.15 years
Average

In 2023, the repayment capacity of MESSAGERIE TRANSPORTS DIS... (1.96) 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 265.48. 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 3.2x. Financial charges are adequately covered by operations.

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

265.483

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

3.234

Liquidity indicators evolution
MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO

Sector positioning

Liquidity ratio
265.48 2023
2021
2022
2023
Q1: 126.62
Med: 173.62
Q3: 248.44
Excellent +9 pts over 3 years

In 2023, the liquidity ratio of MESSAGERIE TRANSPORTS DIS... (265.48) 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
3.23x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.07x
Q3: 3.19x
Excellent

In 2023, the interest coverage of MESSAGERIE TRANSPORTS DIS... (3.2x) 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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The company must finance 13 days of gap between collections and payments. Overall, WCR represents 7 days of revenue, i.e. 47 k€ to permanently finance.

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

46 824 €

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

28 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

15 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

7 j

WCR and payment terms evolution
MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO

Positioning of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 53 transactions of similar company sales in 2023, the value of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO is estimated at 268 327 € (range 105 403€ - 740 449€). With an EBITDA of 105 580€, 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
105k€ 268k€ 740k€
268 327 € Range: 105 403€ - 740 449€
NAF 5 année 2023

Valuation detail by method

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EBITDA Multiple 50%
105 580 € × 2.3x
Estimation 246 586 €
99 298€ - 755 524€
Revenue Multiple 30%
2 378 084 € × 0.19x
Estimation 441 362 €
167 053€ - 1 017 687€
Net Income Multiple 20%
37 724 € × 1.7x
Estimation 63 127 €
28 192€ - 286 906€

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 interurbains)

Compare MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO

What is the revenue of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO ?

The revenue of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO in 2023 is 2.4 M€.

Is MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO profitable?

Yes, MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO generated a net profit of 38 k€ in 2023.

Where is the headquarters of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO ?

The headquarters of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO is located in VILLENEUVE-LOUBET (06270), in the department Alpes-Maritimes.

Where to find the tax return of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO ?

The tax return of MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO 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 MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO operate?

MESSAGERIE TRANSPORTS DISTRIBUTION FRIGO operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.