ONET AIRPORT SERVICES PROVINCE : revenue, balance sheet and financial ratios

ONET AIRPORT SERVICES PROVINCE is a French company founded 8 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in MARSEILLE (13009), this company of category GE shows in 2024 a revenue of 9.0 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 - ONET AIRPORT SERVICES PROVINCE (SIREN 833230568)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 9 019 549 € 8 257 151 € 3 901 075 € 334 € N/C N/C 121 285 € 25 723 €
Net income -1 355 939 € -974 237 € -120 670 € -3 778 € -10 929 € -5 759 € -13 813 € -12 390 €
EBITDA -616 970 € -747 307 € -102 676 € -3 976 € -11 119 € -6 006 € -25 645 € -16 685 €
Net margin -15.0% -11.8% -3.1% -1131.1% N/C N/C -11.4% -48.2%

Revenue and income statement

In 2024, ONET AIRPORT SERVICES PROVINCE achieves revenue of 9.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +131.0%. Vs 2023: +9%. After deducting consumption (0 €), gross margin stands at 9.0 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 -617 k€, representing -6.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.2 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.4 M€ (-15.0% 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

9 019 549 €

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

9 019 549 €

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

-616 970 €

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

-1 211 160 €

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

-1 355 939 €

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

-6.6%

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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 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory.

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

0.0%

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

21.045%

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

-8.389%

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

0.0

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

77.1%

Solvency indicators evolution
ONET AIRPORT SERVICES PROVINCE

Sector positioning

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

In 2024, the debt ratio of ONET AIRPORT SERVICES PRO... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
21.05% 2024
2022
2023
2024
Q1: 3.49%
Med: 23.63%
Q3: 43.9%
Average +22 pts over 3 years

In 2024, the financial autonomy of ONET AIRPORT SERVICES PRO... (21.1%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.08 years
Excellent

In 2024, the repayment capacity of ONET AIRPORT SERVICES PRO... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 82.60. 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

82.599

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

-26.257

Liquidity indicators evolution
ONET AIRPORT SERVICES PROVINCE

Sector positioning

Liquidity ratio
82.6 2024
2022
2023
2024
Q1: 103.71
Med: 133.95
Q3: 202.29
Watch

In 2024, the liquidity ratio of ONET AIRPORT SERVICES PRO... (82.60) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-26.26x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 6.25x
Watch

In 2024, the interest coverage of ONET AIRPORT SERVICES PRO... (-26.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 103 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. The company must finance 14 days of gap between collections and payments. Overall, WCR represents 22 days of revenue, i.e. 557 k€ to permanently finance. Over 2017-2024, WCR increased by +70176%, 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

556 596 €

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

103 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

89 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

22 j

WCR and payment terms evolution
ONET AIRPORT SERVICES PROVINCE

Positioning of ONET AIRPORT SERVICES PROVINCE 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 ONET AIRPORT SERVICES PROVINCE is estimated at 1 350 500 € (range 866 571€ - 4 209 165€). 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
866k€ 1350k€ 4209k€
1 350 500 € Range: 866 571€ - 4 209 165€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
9 019 549 € × 0.15x = 1 350 500 €
Range: 866 572€ - 4 209 166€

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 ONET AIRPORT SERVICES PROVINCE with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about ONET AIRPORT SERVICES PROVINCE

What is the revenue of ONET AIRPORT SERVICES PROVINCE ?

The revenue of ONET AIRPORT SERVICES PROVINCE in 2024 is 9.0 M€.

Is ONET AIRPORT SERVICES PROVINCE profitable?

ONET AIRPORT SERVICES PROVINCE recorded a net loss in 2024.

Where is the headquarters of ONET AIRPORT SERVICES PROVINCE ?

The headquarters of ONET AIRPORT SERVICES PROVINCE is located in MARSEILLE (13009), in the department Bouches-du-Rhone.

Where to find the tax return of ONET AIRPORT SERVICES PROVINCE ?

The tax return of ONET AIRPORT SERVICES PROVINCE 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 ONET AIRPORT SERVICES PROVINCE operate?

ONET AIRPORT SERVICES PROVINCE 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.