OLINN SERVICES : revenue, balance sheet and financial ratios

OLINN SERVICES is a French company founded 43 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in AIX-EN-PROVENCE (13090), this company of category GE shows in 2024 a revenue of 42.9 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 - OLINN SERVICES (SIREN 326991528)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 42 892 963 € 47 881 316 € 37 291 790 € 27 024 359 € 18 872 338 € 13 649 865 € 13 218 849 €
Net income -2 255 483 € 471 542 € 626 118 € 860 397 € 1 180 147 € 2 021 323 € 1 362 101 €
EBITDA 20 818 075 € 16 559 099 € 12 635 173 € 10 071 024 € 9 518 887 € 10 138 482 € 9 721 615 €
Net margin -5.3% 1.0% 1.7% 3.2% 6.3% 14.8% 10.3%

Revenue and income statement

In 2024, OLINN SERVICES achieves revenue of 42.9 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.7%. Significant drop of -10% vs 2023. After deducting consumption (12.6 M€), gross margin stands at 30.3 M€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20.8 M€, representing 48.5% of revenue. Positive scissor effect: EBITDA margin improves by +14.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -2.3 M€ (-5.3% 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

42 892 963 €

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

30 342 576 €

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

20 818 075 €

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

2 436 218 €

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

-2 255 483 €

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

48.5%

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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 393%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 44.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

393.279%

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

18.362%

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

44.558%

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

5.033

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

71.7%

Solvency indicators evolution
OLINN SERVICES

Sector positioning

Debt ratio
393.28 2024
2022
2023
2024
Q1: 0.0
Med: 52.09
Q3: 260.67
Average +8 pts over 3 years

In 2024, the debt ratio of OLINN SERVICES (393.28) 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
18.36% 2024
2022
2023
2024
Q1: 4.51%
Med: 24.09%
Q3: 51.07%
Average -10 pts over 3 years

In 2024, the financial autonomy of OLINN SERVICES (18.4%) 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
5.03 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 1.27 years
Q3: 3.63 years
Watch

In 2024, the repayment capacity of OLINN SERVICES (5.03) 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 317.14. 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 13.9x. Operating income very largely covers interest expenses: high safety margin.

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

317.145

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

13.889

Liquidity indicators evolution
OLINN SERVICES

Sector positioning

Liquidity ratio
317.14 2024
2022
2023
2024
Q1: 79.61
Med: 167.54
Q3: 370.44
Good

In 2024, the liquidity ratio of OLINN SERVICES (317.14) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
13.89x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 11.14x
Excellent +17 pts over 3 years

In 2024, the interest coverage of OLINN SERVICES (13.9x) 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: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Excellent situation: suppliers finance 78 days of the operating cycle (retail model). Overall, WCR represents 185 days of revenue, i.e. 22.0 M€ to permanently finance. Over 2018-2024, WCR increased by +2045%, 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

22 041 836 €

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

23 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

101 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

185 j

WCR and payment terms evolution
OLINN SERVICES

Positioning of OLINN SERVICES in its sector

Comparison with sector Location de longue durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of OLINN SERVICES is estimated at 193 000 754 € (range 40 377 813€ - 260 343 113€). With an EBITDA of 20 818 075€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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
276 transactions
40377k€ 193000k€ 260343k€
193 000 754 € Range: 40 377 813€ - 260 343 113€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
20 818 075 € × 11.9x
Estimation 248 743 376 €
50 582 594€ - 338 454 014€
Revenue Multiple 30%
42 892 963 € × 2.33x
Estimation 100 096 385 €
23 369 846€ - 130 158 279€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de longue durée de voitures et de véhicules automobiles légers)

Compare OLINN SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de longue durée de voitures et de véhicules automobiles légers

Frequently asked questions about OLINN SERVICES

What is the revenue of OLINN SERVICES ?

The revenue of OLINN SERVICES in 2024 is 42.9 M€.

Is OLINN SERVICES profitable?

OLINN SERVICES recorded a net loss in 2024.

Where is the headquarters of OLINN SERVICES ?

The headquarters of OLINN SERVICES is located in AIX-EN-PROVENCE (13090), in the department Bouches-du-Rhone.

Where to find the tax return of OLINN SERVICES ?

The tax return of OLINN SERVICES 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 OLINN SERVICES operate?

OLINN SERVICES operates in the sector Location de longue durée de voitures et de véhicules automobiles légers (NAF code 77.11B). See the 'Sector positioning' section above to compare the company with its competitors.