SHIPPING AGENCY SERVICE : revenue, balance sheet and financial ratios

SHIPPING AGENCY SERVICE is a French company founded 49 years ago, specialized in the sector Affrètement et organisation des transports . Based in LE HAVRE (76600), this company of category PME shows in 2024 a revenue of 82 k€. 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 - SHIPPING AGENCY SERVICE (SIREN 311405740)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 82 319 € 21 518 € 144 259 € 208 084 € 284 187 € 743 711 € 1 689 770 € 3 044 202 € 2 830 912 €
Net income -262 451 € -232 125 € -130 516 € -149 471 € -617 695 € -758 235 € -242 525 € 471 814 € 247 332 €
EBITDA -306 525 € -334 548 € -407 359 € -348 710 € -759 111 € -685 664 € -432 578 € 585 721 € 335 444 €
Net margin -318.8% -1078.7% -90.5% -71.8% -217.4% -102.0% -14.4% 15.5% 8.7%

Revenue and income statement

In 2024, SHIPPING AGENCY SERVICE achieves revenue of 82 k€. Revenue is declining over the period 2016-2024 (CAGR: -35.7%). Vs 2023, growth of +283% (22 k€ -> 82 k€). After deducting consumption (0 €), gross margin stands at 82 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -307 k€, representing -372.4% of revenue. Positive scissor effect: EBITDA margin improves by +1182.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -262 k€ (-318.8% 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

82 319 €

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

82 319 €

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

-306 525 €

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

-247 254 €

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

-262 451 €

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

-372.4%

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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 -51%. 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 -696%. 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

-51.068%

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

-695.694%

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

-394.75%

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

-2.986

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

17.0%

Solvency indicators evolution
SHIPPING AGENCY SERVICE

Sector positioning

Debt ratio
-51.07 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of SHIPPING AGENCY SERVICE (-51.07) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-695.69% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Watch

In 2024, the financial autonomy of SHIPPING AGENCY SERVICE (-695.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-2.99 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of SHIPPING AGENCY SERVICE (-2.99) 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 15.98. 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

15.98

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

-5.77

Liquidity indicators evolution
SHIPPING AGENCY SERVICE

Sector positioning

Liquidity ratio
15.98 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Watch -20 pts over 3 years

In 2024, the liquidity ratio of SHIPPING AGENCY SERVICE (15.98) 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
-5.77x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average

In 2024, the interest coverage of SHIPPING AGENCY SERVICE (-5.8x) 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: 536 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2544 days. Excellent situation: suppliers finance 2008 days of the operating cycle (retail model). Overall, WCR represents 258 days of revenue, i.e. 59 k€ to permanently finance. Notable WCR improvement over the period (-86%), freeing up cash.

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

58 885 €

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

536 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

2544 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

258 j

WCR and payment terms evolution
SHIPPING AGENCY SERVICE

Positioning of SHIPPING AGENCY SERVICE in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare SHIPPING AGENCY SERVICE with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about SHIPPING AGENCY SERVICE

What is the revenue of SHIPPING AGENCY SERVICE ?

The revenue of SHIPPING AGENCY SERVICE in 2024 is 82 k€.

Is SHIPPING AGENCY SERVICE profitable?

SHIPPING AGENCY SERVICE recorded a net loss in 2024.

Where is the headquarters of SHIPPING AGENCY SERVICE ?

The headquarters of SHIPPING AGENCY SERVICE is located in LE HAVRE (76600), in the department Seine-Maritime.

Where to find the tax return of SHIPPING AGENCY SERVICE ?

The tax return of SHIPPING AGENCY SERVICE 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 SHIPPING AGENCY SERVICE operate?

SHIPPING AGENCY SERVICE 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.