SIREN : 379861891
SEA AIR SERVICES is a French company founded 35 years ago, specialized in the sector Affrètement et organisation des transports . Based in SAINT-MARTIN (None), this company of category PME shows in 2024 a revenue of 3.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 239 385 € | 3 086 652 € | 3 106 611 € | 2 800 996 € | 2 347 637 € | 3 067 877 € | 2 128 459 € | 1 991 860 € |
| Net income | 11 906 € | 13 816 € | 12 918 € | 6 532 € | 4 576 € | 27 850 € | -68 395 € | 1 923 € |
| EBITDA | -38 476 € | 40 070 € | -89 898 € | 15 851 € | 55 130 € | 218 897 € | -12 895 € | 111 389 € |
| Net margin | 0.4% | 0.4% | 0.4% | 0.2% | 0.2% | 0.9% | -3.2% | 0.1% |
In 2024, SEA AIR SERVICES achieves revenue of 3.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2023: +5%. After deducting consumption (0 €), gross margin stands at 3.2 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 -38 k€, representing -1.2% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -196%, reducing margin by 2.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12 k€, i.e. 0.4% of revenue. This profit can be retained or distributed to shareholders.
3 239 385 €
3 239 385 €
-38 476 €
-58 126 €
11 906 €
-1.2%
The debt ratio (= Financial debt / Equity x 100) stands at 88%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
88.418%
3.215%
0.289%
9.191
38.4%
In 2024, the debt ratio of SEA AIR SERVICES (88.42) 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.
In 2024, the financial autonomy of SEA AIR SERVICES (3.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of SEA AIR SERVICES (9.19) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 97.31. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
97.306
-29.086
In 2024, the liquidity ratio of SEA AIR SERVICES (97.31) 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.
In 2024, the interest coverage of SEA AIR SERVICES (-29.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 150 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 279 days. Excellent situation: suppliers finance 129 days of the operating cycle (retail model). Overall, WCR represents 195 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2024, WCR increased by +33%, requiring additional financing.
1 755 164 €
150 j
279 j
0 j
195 j
Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 3 026€ to 25 211€ is provided for information purposes only and requires in-depth analysis to be confirmed.
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SEA AIR SERVICES with other companies in the same sector:
Voir toutes les statistiques du secteur Affrètement et organisation des transports
The revenue of SEA AIR SERVICES in 2024 is 3.2 M€.
Yes, SEA AIR SERVICES generated a net profit of 12 k€ in 2024.
The headquarters of SEA AIR SERVICES is located in SAINT-MARTIN.
The tax return of SEA AIR 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).
SEA AIR SERVICES 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.