RHENUS AIR & OCEAN SAS : revenue, balance sheet and financial ratios

RHENUS AIR & OCEAN SAS is a French company founded 26 years ago, specialized in the sector Affrètement et organisation des transports . Based in ROISSY-EN-FRANCE (95700), this company of category ETI shows in 2024 a revenue of 19.5 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 - RHENUS AIR & OCEAN SAS (SIREN 429251416)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 19 479 018 € 24 609 513 € 41 442 324 € 5 606 296 € 4 247 054 € 3 078 801 € 2 847 004 € 3 384 302 €
Net income -238 419 € -875 323 € 860 606 € 66 255 € -132 722 € -237 704 € -303 678 € -81 399 €
EBITDA -2 584 633 € -972 727 € 1 238 264 € 89 887 € -98 486 € -63 232 € -308 311 € -47 186 €
Net margin -1.2% -3.6% 2.1% 1.2% -3.1% -7.7% -10.7% -2.4%

Revenue and income statement

In 2024, RHENUS AIR & OCEAN SAS achieves revenue of 19.5 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +28.4%. Significant drop of -21% vs 2023. After deducting consumption (14 k€), gross margin stands at 19.5 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 -2.6 M€, representing -13.3% of revenue. Warning negative scissor effect: despite revenue change (-21%), EBITDA varies by -166%, reducing margin by 9.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -238 k€ (-1.2% 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

19 479 018 €

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

19 465 248 €

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

-2 584 633 €

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

-2 587 686 €

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

-238 419 €

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

-13.3%

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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 1816%. 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 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

1816.35%

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

2.473%

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

-0.958%

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

-15.721

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

28.0%

Solvency indicators evolution
RHENUS AIR & OCEAN SAS

Sector positioning

Debt ratio
1816.35 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Watch

In 2024, the debt ratio of RHENUS AIR & OCEAN SAS (1816.35) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
2.47% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Average -6 pts over 3 years

In 2024, the financial autonomy of RHENUS AIR & OCEAN SAS (2.5%) 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
-15.72 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent -42 pts over 3 years

In 2024, the repayment capacity of RHENUS AIR & OCEAN SAS (-15.72) 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 190.05. 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

190.046

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

-6.651

Liquidity indicators evolution
RHENUS AIR & OCEAN SAS

Sector positioning

Liquidity ratio
190.05 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Good +23 pts over 3 years

In 2024, the liquidity ratio of RHENUS AIR & OCEAN SAS (190.05) 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
-6.65x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average -50 pts over 3 years

In 2024, the interest coverage of RHENUS AIR & OCEAN SAS (-6.7x) 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: 74 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The company must finance 30 days of gap between collections and payments. Overall, WCR represents 79 days of revenue, i.e. 4.3 M€ to permanently finance. Over 2017-2024, WCR increased by +609%, 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

4 277 398 €

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

74 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

44 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

79 j

WCR and payment terms evolution
RHENUS AIR & OCEAN SAS

Positioning of RHENUS AIR & OCEAN SAS in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare RHENUS AIR & OCEAN SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about RHENUS AIR & OCEAN SAS

What is the revenue of RHENUS AIR & OCEAN SAS ?

The revenue of RHENUS AIR & OCEAN SAS in 2024 is 19.5 M€.

Is RHENUS AIR & OCEAN SAS profitable?

RHENUS AIR & OCEAN SAS recorded a net loss in 2024.

Where is the headquarters of RHENUS AIR & OCEAN SAS ?

The headquarters of RHENUS AIR & OCEAN SAS is located in ROISSY-EN-FRANCE (95700), in the department Val-d'Oise.

Where to find the tax return of RHENUS AIR & OCEAN SAS ?

The tax return of RHENUS AIR & OCEAN SAS 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 RHENUS AIR & OCEAN SAS operate?

RHENUS AIR & OCEAN SAS 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.