PROVENCE SHIPPING & CHARTERING : revenue, balance sheet and financial ratios

PROVENCE SHIPPING & CHARTERING is a French company founded 26 years ago, specialized in the sector Affrètement et organisation des transports . Based in FOS-SUR-MER (13270), this company of category PME shows in 2017 a revenue of 1.0 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 - PROVENCE SHIPPING & CHARTERING (SIREN 424818623)
Indicator 2024 2023 2022 2021 2017 2016
Revenue N/C N/C N/C N/C 1 042 956 € 1 637 508 €
Net income 78 140 € 187 762 € 414 212 € 167 310 € 181 352 € 215 078 €
EBITDA N/C N/C N/C N/C 172 138 € 340 327 €
Net margin N/C N/C N/C N/C 17.4% 13.1%

Revenue and income statement

In 2024, PROVENCE SHIPPING & CHARTERING generates positive net income of 78 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 215 k€ -> 78 k€.

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

78 140 €

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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 23%. 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 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

22.989%

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

61.188%

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

21.2%

Solvency indicators evolution
PROVENCE SHIPPING & CHARTERING

Sector positioning

Debt ratio
22.99 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Average +10 pts over 3 years

In 2024, the debt ratio of PROVENCE SHIPPING & CHART... (22.99) 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
61.19% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Excellent

In 2024, the financial autonomy of PROVENCE SHIPPING & CHART... (61.2%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 378.49. 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

378.488

Liquidity indicators evolution
PROVENCE SHIPPING & CHARTERING

Sector positioning

Liquidity ratio
378.49 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Excellent

In 2024, the liquidity ratio of PROVENCE SHIPPING & CHART... (378.49) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
PROVENCE SHIPPING & CHARTERING

Positioning of PROVENCE SHIPPING & CHARTERING in its sector

Comparison with sector Affrètement et organisation des transports

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 19 863€ to 165 465€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
19k€ 23k€ 165k€
23 881 € Range: 19 863€ - 165 465€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Affrètement et organisation des transports )

Compare PROVENCE SHIPPING & CHARTERING with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about PROVENCE SHIPPING & CHARTERING

What is the revenue of PROVENCE SHIPPING & CHARTERING ?

The revenue of PROVENCE SHIPPING & CHARTERING in 2017 is 1.0 M€.

Is PROVENCE SHIPPING & CHARTERING profitable?

Yes, PROVENCE SHIPPING & CHARTERING generated a net profit of 78 k€ in 2024.

Where is the headquarters of PROVENCE SHIPPING & CHARTERING ?

The headquarters of PROVENCE SHIPPING & CHARTERING is located in FOS-SUR-MER (13270), in the department Bouches-du-Rhone.

Where to find the tax return of PROVENCE SHIPPING & CHARTERING ?

The tax return of PROVENCE SHIPPING & CHARTERING 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 PROVENCE SHIPPING & CHARTERING operate?

PROVENCE SHIPPING & CHARTERING operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.