TRANSPORTS CARRER SERVICE EXPRESS : revenue, balance sheet and financial ratios

TRANSPORTS CARRER SERVICE EXPRESS is a French company founded 16 years ago, specialized in the sector Transports routiers de fret de proximité. Based in NEVERS (58000), this company of category PME shows in 2021 a revenue of 2.0 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 - TRANSPORTS CARRER SERVICE EXPRESS (SIREN 513533711)
Indicator 2021 2020 2019
Revenue 2 041 373 € 1 823 210 € 1 499 726 €
Net income 50 233 € -78 794 € 85 564 €
EBITDA 46 489 € -61 949 € -48 471 €
Net margin 2.5% -4.3% 5.7%

Revenue and income statement

In 2021, TRANSPORTS CARRER SERVICE EXPRESS achieves revenue of 2.0 M€. Over the period 2019-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +16.7%. Vs 2020, growth of +12% (1.8 M€ -> 2.0 M€). After deducting consumption (0 €), gross margin stands at 2.0 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 46 k€, representing 2.3% of revenue. Positive scissor effect: EBITDA margin improves by +5.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 50 k€, i.e. 2.5% 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

2 041 373 €

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

2 041 373 €

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

46 489 €

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

62 510 €

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

50 233 €

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

2.3%

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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 -168%. 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 -62%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 18.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.7% 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

-167.612%

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

-62.229%

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

1.672%

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

18.517

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

73.0%

Solvency indicators evolution
TRANSPORTS CARRER SERVICE EXPRESS

Sector positioning

Debt ratio
-167.61 2021
2019
2020
2021
Q1: 1.39
Med: 31.45
Q3: 102.48
Excellent

In 2021, the debt ratio of TRANSPORTS CARRER SERVICE... (-167.61) 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
-62.23% 2021
2019
2020
2021
Q1: 12.4%
Med: 30.92%
Q3: 49.89%
Average

In 2021, the financial autonomy of TRANSPORTS CARRER SERVICE... (-62.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
18.52 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.65 years
Watch

In 2021, the repayment capacity of TRANSPORTS CARRER SERVICE... (18.52) 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 148.95. 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 11.4x. 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

148.95

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

11.358

Liquidity indicators evolution
TRANSPORTS CARRER SERVICE EXPRESS

Sector positioning

Liquidity ratio
148.95 2021
2019
2020
2021
Q1: 124.53
Med: 174.41
Q3: 255.09
Average +17 pts over 3 years

In 2021, the liquidity ratio of TRANSPORTS CARRER SERVICE... (148.95) 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
11.36x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.5x
Excellent +50 pts over 3 years

In 2021, the interest coverage of TRANSPORTS CARRER SERVICE... (11.4x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. The company must finance 15 days of gap between collections and payments. Overall, WCR represents 48 days of revenue, i.e. 271 k€ to permanently finance. Over 2019-2021, WCR increased by +234%, 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

270 686 €

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

61 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

46 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

0 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

48 j

WCR and payment terms evolution
TRANSPORTS CARRER SERVICE EXPRESS

Positioning of TRANSPORTS CARRER SERVICE EXPRESS 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 TRANSPORTS CARRER SERVICE EXPRESS is estimated at 147 622 € (range 95 415€ - 362 800€). With an EBITDA of 46 489€, 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
95k€ 147k€ 362k€
147 622 € Range: 95 415€ - 362 800€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
46 489 € × 1.5x
Estimation 70 365 €
28 892€ - 336 897€
Revenue Multiple 30%
2 041 373 € × 0.14x
Estimation 292 783 €
241 077€ - 379 610€
Net Income Multiple 20%
50 233 € × 2.4x
Estimation 123 029 €
43 233€ - 402 347€

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 TRANSPORTS CARRER SERVICE EXPRESS with other companies in the same sector:

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

Frequently asked questions about TRANSPORTS CARRER SERVICE EXPRESS

What is the revenue of TRANSPORTS CARRER SERVICE EXPRESS ?

The revenue of TRANSPORTS CARRER SERVICE EXPRESS in 2021 is 2.0 M€.

Is TRANSPORTS CARRER SERVICE EXPRESS profitable?

Yes, TRANSPORTS CARRER SERVICE EXPRESS generated a net profit of 50 k€ in 2021.

Where is the headquarters of TRANSPORTS CARRER SERVICE EXPRESS ?

The headquarters of TRANSPORTS CARRER SERVICE EXPRESS is located in NEVERS (58000), in the department Nievre.

Where to find the tax return of TRANSPORTS CARRER SERVICE EXPRESS ?

The tax return of TRANSPORTS CARRER SERVICE EXPRESS 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 TRANSPORTS CARRER SERVICE EXPRESS operate?

TRANSPORTS CARRER SERVICE EXPRESS 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.