TRANSPORT SECURITE AVENIR : revenue, balance sheet and financial ratios

TRANSPORT SECURITE AVENIR is a French company founded 20 years ago, specialized in the sector Transports routiers de fret de proximité. Based in NANTES (44300), this company of category PME shows in 2021 a revenue of 1.5 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 - TRANSPORT SECURITE AVENIR (SIREN 488883331)
Indicator 2021 2020 2019 2018 2017
Revenue 1 526 116 € 1 590 459 € 1 640 114 € 1 513 212 € 1 205 374 €
Net income 31 732 € 41 495 € 18 071 € -70 478 € 304 €
EBITDA 37 587 € 62 481 € 64 186 € -24 872 € 38 459 €
Net margin 2.1% 2.6% 1.1% -4.7% 0.0%

Revenue and income statement

In 2021, TRANSPORT SECURITE AVENIR achieves revenue of 1.5 M€. Over the period 2017-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +6.1%. Slight decline of -4% vs 2020. After deducting consumption (0 €), gross margin stands at 1.5 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 2.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 32 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 526 116 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 526 116 €

EBITDA (2021) ?
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

37 587 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

26 666 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

31 732 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.5%

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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 115%. 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 11.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

115.285%

Financial autonomy (2021) ?
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

23.682%

Cash flow / Revenue (2021) ?
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

1.483%

Repayment capacity (2021) ?
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

11.829

Asset age ratio (2021) ?
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

18.9%

Solvency indicators evolution
TRANSPORT SECURITE AVENIR

Sector positioning

Debt ratio
115.28 2021
2019
2020
2021
Q1: 1.39
Med: 31.45
Q3: 102.48
Average +33 pts over 3 years

In 2021, the debt ratio of TRANSPORT SECURITE AVENIR (115.28) 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
23.68% 2021
2019
2020
2021
Q1: 12.4%
Med: 30.92%
Q3: 49.89%
Average

In 2021, the financial autonomy of TRANSPORT SECURITE AVENIR (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
11.83 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.65 years
Watch +12 pts over 3 years

In 2021, the repayment capacity of TRANSPORT SECURITE AVENIR (11.83) 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 160.68. 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 12.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

160.679

Interest coverage (2021) ?
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

12.108

Liquidity indicators evolution
TRANSPORT SECURITE AVENIR

Sector positioning

Liquidity ratio
160.68 2021
2019
2020
2021
Q1: 124.53
Med: 174.41
Q3: 255.09
Average +20 pts over 3 years

In 2021, the liquidity ratio of TRANSPORT SECURITE AVENIR (160.68) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
12.11x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.5x
Excellent

In 2021, the interest coverage of TRANSPORT SECURITE AVENIR (12.1x) 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: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 73 days of revenue, i.e. 309 k€ to permanently finance. Over 2017-2021, WCR increased by +164%, requiring additional financing.

Operating WCR (2021) ?
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

308 581 €

Customer credit (2021) ?
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

75 j

Supplier credit (2021) ?
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

50 j

Inventory turnover (2021) ?
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

1 j

WCR in days of revenue (2021) ?
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

73 j

WCR and payment terms evolution
TRANSPORT SECURITE AVENIR

Positioning of TRANSPORT SECURITE AVENIR in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 63 transactions of similar company sales in 2021, the value of TRANSPORT SECURITE AVENIR is estimated at 109 653 € (range 71 209€ - 272 163€). With an EBITDA of 37 587€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.14x (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 2021
63 tx
71k€ 109k€ 272k€
109 653 € Range: 71 209€ - 272 163€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
37 587 € × 1.5x
Estimation 56 891 €
23 359€ - 272 386€
Revenue Multiple 30%
1 526 116 € × 0.14x
Estimation 218 882 €
180 227€ - 283 794€
Net Income Multiple 20%
31 732 € × 2.4x
Estimation 77 717 €
27 310€ - 254 161€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 63 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 (Transports routiers de fret de proximité)

Compare TRANSPORT SECURITE AVENIR with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about TRANSPORT SECURITE AVENIR

What is the revenue of TRANSPORT SECURITE AVENIR ?

The revenue of TRANSPORT SECURITE AVENIR in 2021 is 1.5 M€.

Is TRANSPORT SECURITE AVENIR profitable?

Yes, TRANSPORT SECURITE AVENIR generated a net profit of 32 k€ in 2021.

Where is the headquarters of TRANSPORT SECURITE AVENIR ?

The headquarters of TRANSPORT SECURITE AVENIR is located in NANTES (44300), in the department Loire-Atlantique.

Where to find the tax return of TRANSPORT SECURITE AVENIR ?

The tax return of TRANSPORT SECURITE AVENIR 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 TRANSPORT SECURITE AVENIR operate?

TRANSPORT SECURITE AVENIR operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.