TRANSPORTS RAPIDES FRIGORIFIQUES : revenue, balance sheet and financial ratios

TRANSPORTS RAPIDES FRIGORIFIQUES is a French company founded 43 years ago, specialized in the sector Transports routiers de fret interurbains. Based in PERPIGNAN (66000), this company of category ETI shows in 2024 a revenue of 17.6 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 RAPIDES FRIGORIFIQUES (SIREN 326564507)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 17 633 787 € 17 204 904 € 16 584 856 € 13 520 287 € 12 696 649 € 13 049 258 € 12 947 063 € 11 809 421 € 11 467 141 € 12 022 162 € 12 187 449 €
Net income -208 124 € 26 858 € 106 181 € 133 004 € 67 834 € -26 134 € 55 217 € 246 352 € 183 862 € 297 153 € 229 561 €
EBITDA -671 223 € -318 603 € -131 045 € -204 376 € -372 627 € -421 601 € -155 884 € 23 599 € 74 376 € 243 593 € -7 243 €
Net margin -1.2% 0.2% 0.6% 1.0% 0.5% -0.2% 0.4% 2.1% 1.6% 2.5% 1.9%

Revenue and income statement

In 2024, TRANSPORTS RAPIDES FRIGORIFIQUES achieves revenue of 17.6 M€. Revenue is growing positively over 11 years (CAGR: +3.8%). Vs 2023: +2%. After deducting consumption (200 k€), gross margin stands at 17.4 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -671 k€, representing -3.8% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -208 k€ (-1.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

17 633 787 €

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

17 434 082 €

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

-671 223 €

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

-158 828 €

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

-208 124 €

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

-3.8%

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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 23%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

22.694%

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

15.557%

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

-4.035%

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

-0.278

Solvency indicators evolution
TRANSPORTS RAPIDES FRIGORIFIQUES

Sector positioning

Debt ratio
22.69 2024
2022
2023
2024
Q1: 3.42
Med: 30.72
Q3: 89.85
Good +18 pts over 3 years

In 2024, the debt ratio of TRANSPORTS RAPIDES FRIGOR... (22.69) 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
15.56% 2024
2022
2023
2024
Q1: 17.96%
Med: 34.26%
Q3: 52.09%
Average -8 pts over 3 years

In 2024, the financial autonomy of TRANSPORTS RAPIDES FRIGOR... (15.6%) 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
-0.28 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.02 years
Q3: 1.91 years
Excellent

In 2024, the repayment capacity of TRANSPORTS RAPIDES FRIGOR... (-0.28) 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 132.21. 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

132.205

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

-0.011

Liquidity indicators evolution
TRANSPORTS RAPIDES FRIGORIFIQUES

Sector positioning

Liquidity ratio
132.21 2024
2022
2023
2024
Q1: 122.42
Med: 168.88
Q3: 241.43
Average

In 2024, the liquidity ratio of TRANSPORTS RAPIDES FRIGOR... (132.21) 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
-0.01x 2024
2022
2023
2024
Q1: -0.19x
Med: 0.0x
Q3: 4.8x
Average +24 pts over 3 years

In 2024, the interest coverage of TRANSPORTS RAPIDES FRIGOR... (-0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The company must finance 5 days of gap between collections and payments. Overall, WCR represents 71 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2014-2024, WCR increased by +238%, 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

3 467 332 €

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

55 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

50 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

71 j

WCR and payment terms evolution
TRANSPORTS RAPIDES FRIGORIFIQUES

Positioning of TRANSPORTS RAPIDES FRIGORIFIQUES 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 RAPIDES FRIGORIFIQUES is estimated at 3 997 298 € (range 1 867 235€ - 6 518 441€). The price/revenue ratio is 0.23x (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 2024
71 tx
1867k€ 3997k€ 6518k€
3 997 298 € Range: 1 867 235€ - 6 518 441€
NAF 5 année 2024

Valuation method used

Revenue Multiple
17 633 787 € × 0.23x = 3 997 298 €
Range: 1 867 236€ - 6 518 442€

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 RAPIDES FRIGORIFIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about TRANSPORTS RAPIDES FRIGORIFIQUES

What is the revenue of TRANSPORTS RAPIDES FRIGORIFIQUES ?

The revenue of TRANSPORTS RAPIDES FRIGORIFIQUES in 2024 is 17.6 M€.

Is TRANSPORTS RAPIDES FRIGORIFIQUES profitable?

TRANSPORTS RAPIDES FRIGORIFIQUES recorded a net loss in 2024.

Where is the headquarters of TRANSPORTS RAPIDES FRIGORIFIQUES ?

The headquarters of TRANSPORTS RAPIDES FRIGORIFIQUES is located in PERPIGNAN (66000), in the department Pyrenees-Orientales.

Where to find the tax return of TRANSPORTS RAPIDES FRIGORIFIQUES ?

The tax return of TRANSPORTS RAPIDES FRIGORIFIQUES 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 RAPIDES FRIGORIFIQUES operate?

TRANSPORTS RAPIDES FRIGORIFIQUES 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.