S.E.M D'EQUIPEMENT DU PAYS D'AIX : revenue, balance sheet and financial ratios

S.E.M D'EQUIPEMENT DU PAYS D'AIX is a French company founded 65 years ago, specialized in the sector Services auxiliaires des transports terrestres. Based in AIX-EN-PROVENCE (13100), this company of category ETI shows in 2023 a revenue of 14.6 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 - S.E.M D'EQUIPEMENT DU PAYS D'AIX (SIREN 611620899)
Indicator 2023 2022 2020 2019 2018 2017 2016
Revenue 14 551 309 € 29 162 731 € 15 164 180 € 32 613 273 € 21 449 789 € 21 774 884 € 21 650 711 €
Net income -4 558 527 € 6 497 440 € -360 180 € 9 956 507 € 2 946 348 € 2 999 068 € 2 997 212 €
EBITDA 2 543 395 € 11 502 718 € 3 605 962 € 12 553 371 € 10 829 516 € 11 708 107 € 11 086 698 €
Net margin -31.3% 22.3% -2.4% 30.5% 13.7% 13.8% 13.8%

Revenue and income statement

In 2023, S.E.M D'EQUIPEMENT DU PAYS D'AIX achieves revenue of 14.6 M€. Revenue is declining over the period 2016-2023 (CAGR: -5.5%). Significant drop of -50% vs 2022. After deducting consumption (6.8 M€), gross margin stands at 7.8 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.5 M€, representing 17.5% of revenue. Warning negative scissor effect: despite revenue change (-50%), EBITDA varies by -78%, reducing margin by 22.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -4.6 M€ (-31.3% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

14 551 309 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 764 239 €

EBITDA (2023) ?
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

2 543 395 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 890 707 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-4 558 527 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

17.5%

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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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 44%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

35.946%

Financial autonomy (2023) ?
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

44.083%

Cash flow / Revenue (2023) ?
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

-1.929%

Repayment capacity (2023) ?
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

-69.565

Asset age ratio (2023) ?
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

65.0%

Solvency indicators evolution
S.E.M D'EQUIPEMENT DU PAYS D'AIX

Sector positioning

Debt ratio
35.95 2023
2020
2022
2023
Q1: 0.0
Med: 11.46
Q3: 80.58
Average

In 2023, the debt ratio of S.E.M D'EQUIPEMENT DU PAY... (35.95) 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
44.08% 2023
2020
2022
2023
Q1: 8.45%
Med: 34.13%
Q3: 60.61%
Good +6 pts over 3 years

In 2023, the financial autonomy of S.E.M D'EQUIPEMENT DU PAY... (44.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-69.56 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 2.15 years
Excellent -52 pts over 3 years

In 2023, the repayment capacity of S.E.M D'EQUIPEMENT DU PAY... (-69.56) 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 316.59. 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 52.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

316.589

Interest coverage (2023) ?
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

52.478

Liquidity indicators evolution
S.E.M D'EQUIPEMENT DU PAYS D'AIX

Sector positioning

Liquidity ratio
316.59 2023
2020
2022
2023
Q1: 87.66
Med: 168.11
Q3: 344.28
Good

In 2023, the liquidity ratio of S.E.M D'EQUIPEMENT DU PAY... (316.59) 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
52.48x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.32x
Q3: 6.61x
Excellent

In 2023, the interest coverage of S.E.M D'EQUIPEMENT DU PAY... (52.5x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 240 days. Excellent situation: suppliers finance 240 days of the operating cycle (retail model). WCR is negative (-755 days): operations structurally generate cash.

Operating WCR (2023) ?
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

-30 504 491 €

Customer credit (2023) ?
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 (2023) ?
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

240 j

Inventory turnover (2023) ?
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

-513 j

WCR in days of revenue (2023) ?
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

-755 j

WCR and payment terms evolution
S.E.M D'EQUIPEMENT DU PAYS D'AIX

Positioning of S.E.M D'EQUIPEMENT DU PAYS D'AIX in its sector

Comparison with sector Services auxiliaires des transports terrestres

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 2 894 719€ to 10 532 913€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
2894k€ 7531k€ 10532k€
7 531 825 € Range: 2 894 719€ - 10 532 913€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 26 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 terrestres)

Compare S.E.M D'EQUIPEMENT DU PAYS D'AIX with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports terrestres

Frequently asked questions about S.E.M D'EQUIPEMENT DU PAYS D'AIX

What is the revenue of S.E.M D'EQUIPEMENT DU PAYS D'AIX ?

The revenue of S.E.M D'EQUIPEMENT DU PAYS D'AIX in 2023 is 14.6 M€.

Is S.E.M D'EQUIPEMENT DU PAYS D'AIX profitable?

S.E.M D'EQUIPEMENT DU PAYS D'AIX recorded a net loss in 2023.

Where is the headquarters of S.E.M D'EQUIPEMENT DU PAYS D'AIX ?

The headquarters of S.E.M D'EQUIPEMENT DU PAYS D'AIX is located in AIX-EN-PROVENCE (13100), in the department Bouches-du-Rhone.

Where to find the tax return of S.E.M D'EQUIPEMENT DU PAYS D'AIX ?

The tax return of S.E.M D'EQUIPEMENT DU PAYS D'AIX 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 S.E.M D'EQUIPEMENT DU PAYS D'AIX operate?

S.E.M D'EQUIPEMENT DU PAYS D'AIX operates in the sector Services auxiliaires des transports terrestres (NAF code 52.21Z). See the 'Sector positioning' section above to compare the company with its competitors.