STAR ALLIANCE (FRANCE) SARL : revenue, balance sheet and financial ratios

STAR ALLIANCE (FRANCE) SARL is a French company founded 18 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in ROISSY-EN-FRANCE (95700), this company of category PME shows in 2024 a revenue of 8.9 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 - STAR ALLIANCE (FRANCE) SARL (SIREN 501112916)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 894 898 € 6 879 917 € 151 699 € N/C 1 038 142 € 6 437 660 € 6 092 010 € 5 594 601 € 5 478 850 €
Net income 1 288 774 € 1 561 089 € -529 334 € -444 486 € -368 450 € 1 173 947 € 1 032 523 € 546 400 € 536 206 €
EBITDA 2 596 325 € 1 935 300 € -475 334 € -218 700 € -34 004 € 2 138 229 € 1 972 148 € 1 395 768 € 1 387 756 €
Net margin 14.5% 22.7% -348.9% N/C -35.5% 18.2% 16.9% 9.8% 9.8%

Revenue and income statement

In 2024, STAR ALLIANCE (FRANCE) SARL achieves revenue of 8.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.2%. Vs 2023, growth of +29% (6.9 M€ -> 8.9 M€). After deducting consumption (0 €), gross margin stands at 8.9 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 29.2% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 14.5% 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

8 894 898 €

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

8 894 898 €

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

2 596 325 €

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

1 783 558 €

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

1 288 774 €

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

29.2%

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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 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 70%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

33.224%

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

69.882%

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

23.803%

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

1.575

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

83.5%

Solvency indicators evolution
STAR ALLIANCE (FRANCE) SARL

Sector positioning

Debt ratio
33.22 2024
2022
2023
2024
Q1: 0.0
Med: 1.0
Q3: 50.08
Average +14 pts over 3 years

In 2024, the debt ratio of STAR ALLIANCE (FRANCE) SARL (33.22) 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
69.88% 2024
2022
2023
2024
Q1: 3.49%
Med: 23.63%
Q3: 43.9%
Excellent -6 pts over 3 years

In 2024, the financial autonomy of STAR ALLIANCE (FRANCE) SARL (69.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.57 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.08 years
Watch +50 pts over 3 years

In 2024, the repayment capacity of STAR ALLIANCE (FRANCE) SARL (1.57) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 683.73. 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 4.8x. Financial charges are adequately covered by operations.

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

683.727

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

4.774

Liquidity indicators evolution
STAR ALLIANCE (FRANCE) SARL

Sector positioning

Liquidity ratio
683.73 2024
2022
2023
2024
Q1: 103.71
Med: 133.95
Q3: 202.29
Excellent

In 2024, the liquidity ratio of STAR ALLIANCE (FRANCE) SARL (683.73) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
4.77x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 6.25x
Good +45 pts over 3 years

In 2024, the interest coverage of STAR ALLIANCE (FRANCE) SARL (4.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The gap of 38 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 85 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2016-2024, WCR increased by +200%, 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

2 104 978 €

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

58 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

20 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

85 j

WCR and payment terms evolution
STAR ALLIANCE (FRANCE) SARL

Positioning of STAR ALLIANCE (FRANCE) SARL in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of STAR ALLIANCE (FRANCE) SARL is estimated at 1 801 476 € (range 754 481€ - 4 682 862€). With an EBITDA of 2 596 325€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2024
205 transactions
754k€ 1801k€ 4682k€
1 801 476 € Range: 754 481€ - 4 682 862€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 596 325 € × 0.9x
Estimation 2 405 274 €
849 554€ - 5 540 374€
Revenue Multiple 30%
8 894 898 € × 0.15x
Estimation 1 331 836 €
854 596€ - 4 150 995€
Net Income Multiple 20%
1 288 774 € × 0.8x
Estimation 996 445 €
366 628€ - 3 336 884€
How is this estimate calculated?

This estimate is based on the analysis of 205 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 aériens)

Compare STAR ALLIANCE (FRANCE) SARL with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about STAR ALLIANCE (FRANCE) SARL

What is the revenue of STAR ALLIANCE (FRANCE) SARL ?

The revenue of STAR ALLIANCE (FRANCE) SARL in 2024 is 8.9 M€.

Is STAR ALLIANCE (FRANCE) SARL profitable?

Yes, STAR ALLIANCE (FRANCE) SARL generated a net profit of 1.3 M€ in 2024.

Where is the headquarters of STAR ALLIANCE (FRANCE) SARL ?

The headquarters of STAR ALLIANCE (FRANCE) SARL is located in ROISSY-EN-FRANCE (95700), in the department Val-d'Oise.

Where to find the tax return of STAR ALLIANCE (FRANCE) SARL ?

The tax return of STAR ALLIANCE (FRANCE) SARL 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 STAR ALLIANCE (FRANCE) SARL operate?

STAR ALLIANCE (FRANCE) SARL operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.