S2R- SERVICE RAIL ROUTE : revenue, balance sheet and financial ratios

S2R- SERVICE RAIL ROUTE is a French company founded 10 years ago, specialized in the sector Construction de routes et autoroutes. Based in SAINT-ETIENNE-DU-BOIS (01370), this company of category PME shows in 2024 a revenue of 2.7 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 - S2R- SERVICE RAIL ROUTE (SIREN 812834273)
Indicator 2024 2022 2020 2019
Revenue 2 743 123 € 1 766 031 € 956 091 € N/C
Net income 55 113 € 40 326 € 14 281 € 50 648 €
EBITDA 136 406 € 75 768 € 57 867 € N/C
Net margin 2.0% 2.3% 1.5% N/C

Revenue and income statement

In 2024, S2R- SERVICE RAIL ROUTE achieves revenue of 2.7 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +30.1%. Vs 2022, growth of +55% (1.8 M€ -> 2.7 M€). After deducting consumption (292 k€), gross margin stands at 2.5 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 136 k€, representing 5.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 55 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.

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

2 743 123 €

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

2 451 289 €

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

136 406 €

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

74 576 €

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

55 113 €

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

5.0%

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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 112%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.2% 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

112.455%

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

23.688%

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

4.19%

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

2.633

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

51.6%

Solvency indicators evolution
S2R- SERVICE RAIL ROUTE

Sector positioning

Debt ratio
112.45 2024
2020
2022
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Watch +20 pts over 3 years

In 2024, the debt ratio of S2R- SERVICE RAIL ROUTE (112.45) 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
23.69% 2024
2020
2022
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Average -8 pts over 3 years

In 2024, the financial autonomy of S2R- SERVICE RAIL ROUTE (23.7%) 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
2.63 years 2024
2020
2022
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Average +17 pts over 3 years

In 2024, the repayment capacity of S2R- SERVICE RAIL ROUTE (2.63) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 132.33. 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 7.5x. 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

132.329

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

7.507

Liquidity indicators evolution
S2R- SERVICE RAIL ROUTE

Sector positioning

Liquidity ratio
132.33 2024
2020
2022
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Watch

In 2024, the liquidity ratio of S2R- SERVICE RAIL ROUTE (132.33) 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
7.51x 2024
2020
2022
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Excellent +8 pts over 3 years

In 2024, the interest coverage of S2R- SERVICE RAIL ROUTE (7.5x) 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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Overall, WCR represents 39 days of revenue, i.e. 294 k€ to permanently finance.

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

293 788 €

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

25 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

69 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

39 j

WCR and payment terms evolution
S2R- SERVICE RAIL ROUTE

Positioning of S2R- SERVICE RAIL ROUTE in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of S2R- SERVICE RAIL ROUTE is estimated at 152 819 € (range 94 192€ - 406 463€). With an EBITDA of 136 406€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
67 tx
94k€ 152k€ 406k€
152 819 € Range: 94 192€ - 406 463€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
136 406 € × 0.6x
Estimation 76 824 €
37 459€ - 351 669€
Revenue Multiple 30%
2 743 123 € × 0.13x
Estimation 369 947 €
245 877€ - 705 287€
Net Income Multiple 20%
55 113 € × 0.3x
Estimation 17 119 €
8 498€ - 95 213€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare S2R- SERVICE RAIL ROUTE with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about S2R- SERVICE RAIL ROUTE

What is the revenue of S2R- SERVICE RAIL ROUTE ?

The revenue of S2R- SERVICE RAIL ROUTE in 2024 is 2.7 M€.

Is S2R- SERVICE RAIL ROUTE profitable?

Yes, S2R- SERVICE RAIL ROUTE generated a net profit of 55 k€ in 2024.

Where is the headquarters of S2R- SERVICE RAIL ROUTE ?

The headquarters of S2R- SERVICE RAIL ROUTE is located in SAINT-ETIENNE-DU-BOIS (01370), in the department Ain.

Where to find the tax return of S2R- SERVICE RAIL ROUTE ?

The tax return of S2R- SERVICE RAIL ROUTE 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 S2R- SERVICE RAIL ROUTE operate?

S2R- SERVICE RAIL ROUTE operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.