MONACAIR MAINTENANCE CENTER : revenue, balance sheet and financial ratios

MONACAIR MAINTENANCE CENTER is a French company founded 16 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in LE CASTELLET (83330), this company of category PME shows in 2024 a revenue of 860 k€. 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 - MONACAIR MAINTENANCE CENTER (SIREN 512972506)
Indicator 2024 2023 2022 2020 2019 2016
Revenue 860 192 € 3 381 753 € 5 069 713 € 3 234 374 € 4 074 529 € 3 256 955 €
Net income -7 102 € 354 793 € 235 162 € -464 122 € -12 525 € 229 789 €
EBITDA -48 816 € 404 076 € 282 215 € -347 523 € 43 086 € 383 948 €
Net margin -0.8% 10.5% 4.6% -14.3% -0.3% 7.1%

Revenue and income statement

In 2024, MONACAIR MAINTENANCE CENTER achieves revenue of 860 k€. Revenue is declining over the period 2016-2024 (CAGR: -15.3%). Significant drop of -75% vs 2023. After deducting consumption (-44 k€), gross margin stands at 904 k€, i.e. a rate of 105%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -49 k€, representing -5.7% of revenue. Warning negative scissor effect: despite revenue change (-75%), EBITDA varies by -112%, reducing margin by 17.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -7 k€ (-0.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

860 192 €

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

904 015 €

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

-48 816 €

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

-62 829 €

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

-7 102 €

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

-5.7%

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 44%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 49%. 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 130.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

44.068%

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

49.048%

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

0.489%

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

130.194

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

11.6%

Solvency indicators evolution
MONACAIR MAINTENANCE CENTER

Sector positioning

Debt ratio
44.07 2024
2022
2023
2024
Q1: 0.0
Med: 1.0
Q3: 50.08
Average

In 2024, the debt ratio of MONACAIR MAINTENANCE CENTER (44.07) 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
49.05% 2024
2022
2023
2024
Q1: 3.49%
Med: 23.63%
Q3: 43.9%
Excellent +34 pts over 3 years

In 2024, the financial autonomy of MONACAIR MAINTENANCE CENTER (49.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
130.19 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.08 years
Watch +23 pts over 3 years

In 2024, the repayment capacity of MONACAIR MAINTENANCE CENTER (130.19) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 353.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

353.554

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

-13.483

Liquidity indicators evolution
MONACAIR MAINTENANCE CENTER

Sector positioning

Liquidity ratio
353.55 2024
2022
2023
2024
Q1: 103.71
Med: 133.95
Q3: 202.29
Excellent +17 pts over 3 years

In 2024, the liquidity ratio of MONACAIR MAINTENANCE CENTER (353.55) 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
-13.48x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 6.25x
Average -50 pts over 3 years

In 2024, the interest coverage of MONACAIR MAINTENANCE CENTER (-13.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 121 days. Excellent situation: suppliers finance 111 days of the operating cycle (retail model). Overall, WCR represents 762 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2024, WCR increased by +49%, 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

1 819 590 €

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

10 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

121 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

0 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

762 j

WCR and payment terms evolution
MONACAIR MAINTENANCE CENTER

Positioning of MONACAIR MAINTENANCE CENTER in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of MONACAIR MAINTENANCE CENTER is estimated at 128 796 € (range 82 644€ - 401 427€). The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2024
205 transactions
82k€ 128k€ 401k€
128 796 € Range: 82 644€ - 401 427€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
860 192 € × 0.15x = 128 797 €
Range: 82 645€ - 401 427€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Services auxiliaires des transports aériens)

Compare MONACAIR MAINTENANCE CENTER with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about MONACAIR MAINTENANCE CENTER

What is the revenue of MONACAIR MAINTENANCE CENTER ?

The revenue of MONACAIR MAINTENANCE CENTER in 2024 is 860 k€.

Is MONACAIR MAINTENANCE CENTER profitable?

MONACAIR MAINTENANCE CENTER recorded a net loss in 2024.

Where is the headquarters of MONACAIR MAINTENANCE CENTER ?

The headquarters of MONACAIR MAINTENANCE CENTER is located in LE CASTELLET (83330), in the department Var.

Where to find the tax return of MONACAIR MAINTENANCE CENTER ?

The tax return of MONACAIR MAINTENANCE CENTER 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 MONACAIR MAINTENANCE CENTER operate?

MONACAIR MAINTENANCE CENTER operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.