TRANSPORTS FRIGORIFIQUES CORSES : revenue, balance sheet and financial ratios

TRANSPORTS FRIGORIFIQUES CORSES is a French company founded 44 years ago, specialized in the sector Transports routiers de fret interurbains. Based in SARROLA-CARCOPINO (20167), this company of category PME shows in 2021 a revenue of 4.9 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 - TRANSPORTS FRIGORIFIQUES CORSES (SIREN 324489020)
Indicator 2024 2023 2022 2021 2019 2018 2017 2016
Revenue N/C N/C N/C 4 884 031 € N/C N/C N/C 4 186 969 €
Net income 118 621 € 335 966 € 323 644 € 190 893 € 158 174 € 84 146 € 256 036 € 81 179 €
EBITDA N/C N/C N/C 398 741 € N/C N/C N/C 277 310 €
Net margin N/C N/C N/C 3.9% N/C N/C N/C 1.9%

Revenue and income statement

In 2024, TRANSPORTS FRIGORIFIQUES CORSES generates positive net income of 119 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 81 k€ -> 119 k€.

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

118 621 €

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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 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory.

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

53.687%

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

32.251%

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

52.3%

Solvency indicators evolution
TRANSPORTS FRIGORIFIQUES CORSES

Sector positioning

Debt ratio
53.69 2024
2022
2023
2024
Q1: 3.42
Med: 30.72
Q3: 89.85
Average -10 pts over 3 years

In 2024, the debt ratio of TRANSPORTS FRIGORIFIQUES ... (53.69) 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
32.25% 2024
2022
2023
2024
Q1: 17.96%
Med: 34.26%
Q3: 52.09%
Average -15 pts over 3 years

In 2024, the financial autonomy of TRANSPORTS FRIGORIFIQUES ... (32.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 108.91. 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

108.911

Liquidity indicators evolution
TRANSPORTS FRIGORIFIQUES CORSES

Sector positioning

Liquidity ratio
108.91 2024
2022
2023
2024
Q1: 122.42
Med: 168.88
Q3: 241.43
Watch -17 pts over 3 years

In 2024, the liquidity ratio of TRANSPORTS FRIGORIFIQUES ... (108.91) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
TRANSPORTS FRIGORIFIQUES CORSES

Positioning of TRANSPORTS FRIGORIFIQUES CORSES in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of TRANSPORTS FRIGORIFIQUES CORSES is estimated at 401 106 € (range 52 042€ - 1 095 002€). 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 2024
71 tx
52k€ 401k€ 1095k€
401 106 € Range: 52 042€ - 1 095 002€
NAF 5 année 2024

Valuation method used

Net Income Multiple
118 621 € × 3.4x = 401 107 €
Range: 52 042€ - 1 095 003€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 FRIGORIFIQUES CORSES with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about TRANSPORTS FRIGORIFIQUES CORSES

What is the revenue of TRANSPORTS FRIGORIFIQUES CORSES ?

The revenue of TRANSPORTS FRIGORIFIQUES CORSES in 2021 is 4.9 M€.

Is TRANSPORTS FRIGORIFIQUES CORSES profitable?

Yes, TRANSPORTS FRIGORIFIQUES CORSES generated a net profit of 119 k€ in 2024.

Where is the headquarters of TRANSPORTS FRIGORIFIQUES CORSES ?

The headquarters of TRANSPORTS FRIGORIFIQUES CORSES is located in SARROLA-CARCOPINO (20167).

Where to find the tax return of TRANSPORTS FRIGORIFIQUES CORSES ?

The tax return of TRANSPORTS FRIGORIFIQUES CORSES 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 FRIGORIFIQUES CORSES operate?

TRANSPORTS FRIGORIFIQUES CORSES 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.