TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. : revenue, balance sheet and financial ratios

TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. is a French company founded 52 years ago, specialized in the sector Transports routiers de fret interurbains. Based in SAINT-GERMAIN (86310), this company of category PME shows in 2023 a revenue of 837 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 - TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. (SIREN 301340873)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue 837 301 € 681 749 € 603 331 € 702 583 € 636 292 € 616 676 € 600 759 € 618 367 € 591 026 € 582 235 € 515 064 €
Net income 7 662 € 21 829 € 2 026 € 737 € 8 624 € 14 924 € 26 971 € 29 152 € 34 513 € 55 613 € 16 277 €
EBITDA -5 989 € -287 € -7 350 € -31 436 € -23 024 € 7 060 € 27 133 € 36 779 € 38 625 € 76 084 € 61 986 €
Net margin 0.9% 3.2% 0.3% 0.1% 1.4% 2.4% 4.5% 4.7% 5.8% 9.6% 3.2%

Revenue and income statement

In 2023, TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. achieves revenue of 837 k€. Revenue is growing positively over 11 years (CAGR: +5.0%). Vs 2022, growth of +23% (682 k€ -> 837 k€). After deducting consumption (248 k€), gross margin stands at 589 k€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -6 k€, representing -0.7% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 8 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

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

837 301 €

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

589 124 €

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

-5 989 €

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

5 468 €

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

7 662 €

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

-0.7%

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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 13%. 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 42%. 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

12.833%

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

42.375%

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

-0.437%

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

-12.104

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

27.6%

Solvency indicators evolution
TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T.

Sector positioning

Debt ratio
12.83 2023
2021
2022
2023
Q1: 4.55
Med: 33.71
Q3: 97.62
Good

In 2023, the debt ratio of TRANSPORTS ETABLISSEMENTS... (12.83) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
42.38% 2023
2021
2022
2023
Q1: 17.6%
Med: 34.08%
Q3: 51.24%
Good -13 pts over 3 years

In 2023, the financial autonomy of TRANSPORTS ETABLISSEMENTS... (42.4%) 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
-12.1 years 2023
2021
2022
2023
Q1: -0.01 years
Med: 0.11 years
Q3: 2.15 years
Excellent

In 2023, the repayment capacity of TRANSPORTS ETABLISSEMENTS... (-12.10) 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 178.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

178.016

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

-24.545

Liquidity indicators evolution
TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T.

Sector positioning

Liquidity ratio
178.02 2023
2021
2022
2023
Q1: 126.62
Med: 173.62
Q3: 248.44
Good -24 pts over 3 years

In 2023, the liquidity ratio of TRANSPORTS ETABLISSEMENTS... (178.02) 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
-24.55x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.07x
Q3: 3.19x
Watch

In 2023, the interest coverage of TRANSPORTS ETABLISSEMENTS... (-24.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 119 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 113 days. The company must finance 6 days of gap between collections and payments. Overall, WCR represents 196 days of revenue, i.e. 456 k€ to permanently finance.

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

456 061 €

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

119 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

113 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

0 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

196 j

WCR and payment terms evolution
TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T.

Positioning of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 53 transactions of similar company sales in 2023, the value of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. is estimated at 98 368 € (range 37 581€ - 238 299€). The price/revenue ratio is 0.19x (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 2023
53 tx
37k€ 98k€ 238k€
98 368 € Range: 37 581€ - 238 299€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
837 301 € × 0.19x
Estimation 155 399 €
58 818€ - 358 318€
Net Income Multiple 20%
7 662 € × 1.7x
Estimation 12 822 €
5 726€ - 58 273€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 interurbains)

Compare TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T.

What is the revenue of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. ?

The revenue of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. in 2023 is 837 k€.

Is TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. profitable?

Yes, TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. generated a net profit of 8 k€ in 2023.

Where is the headquarters of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. ?

The headquarters of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. is located in SAINT-GERMAIN (86310), in the department Vienne.

Where to find the tax return of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. ?

The tax return of TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. 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 ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. operate?

TRANSPORTS ETABLISSEMENTS TARTARIN PAR ABREVIATION T.E.T. operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.