2 FRANCE MARINE : revenue, balance sheet and financial ratios

2 FRANCE MARINE is a French company founded 18 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in VERRIERES-LE-BUISSON (91370), this company of category PME shows in 2023 a revenue of 170 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 - 2 FRANCE MARINE (SIREN 499466282)
Indicator 2023 2022 2021 2020 2019 2017 2016 2015
Revenue 169 554 € 558 896 € 288 194 € 535 467 € 503 836 € 320 006 € 775 619 € 1 007 146 €
Net income -67 267 € 36 217 € -503 040 € 128 988 € 231 154 € 352 878 € 269 897 € 84 071 €
EBITDA -57 414 € 28 314 € -144 637 € 112 366 € 201 630 € 120 131 € 234 770 € 195 120 €
Net margin -39.7% 6.5% -174.5% 24.1% 45.9% 110.3% 34.8% 8.3%

Revenue and income statement

In 2023, 2 FRANCE MARINE achieves revenue of 170 k€. Revenue is declining over the period 2015-2023 (CAGR: -20.0%). Significant drop of -70% vs 2022. After deducting consumption (64 k€), gross margin stands at 105 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -57 k€, representing -33.9% of revenue. Warning negative scissor effect: despite revenue change (-70%), EBITDA varies by -303%, reducing margin by 38.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -67 k€ (-39.7% of revenue), which will impact equity.

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

169 554 €

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

105 082 €

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

-57 414 €

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

-51 445 €

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

-67 267 €

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

-33.9%

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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 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. 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

38.476%

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

50.43%

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

-45.353%

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

-0.987

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

13.9%

Solvency indicators evolution
2 FRANCE MARINE

Sector positioning

Debt ratio
38.48 2023
2021
2022
2023
Q1: 0.0
Med: 5.04
Q3: 47.13
Average -5 pts over 3 years

In 2023, the debt ratio of 2 FRANCE MARINE (38.48) 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
50.43% 2023
2021
2022
2023
Q1: 4.21%
Med: 32.28%
Q3: 62.31%
Good +14 pts over 3 years

In 2023, the financial autonomy of 2 FRANCE MARINE (50.4%) 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
-0.99 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.59 years
Excellent

In 2023, the repayment capacity of 2 FRANCE MARINE (-0.99) 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 263.25. 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

263.254

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

-1.188

Liquidity indicators evolution
2 FRANCE MARINE

Sector positioning

Liquidity ratio
263.25 2023
2021
2022
2023
Q1: 141.95
Med: 253.16
Q3: 501.55
Good +29 pts over 3 years

In 2023, the liquidity ratio of 2 FRANCE MARINE (263.25) 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
-1.19x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.76x
Average

In 2023, the interest coverage of 2 FRANCE MARINE (-1.2x) 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: 408 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 113 days. The gap of 295 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 104 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 418 days of revenue, i.e. 197 k€ to permanently finance. Over 2015-2023, WCR increased by +159%, requiring additional financing.

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

196 793 €

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

408 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

104 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

418 j

WCR and payment terms evolution
2 FRANCE MARINE

Positioning of 2 FRANCE MARINE in its sector

Comparison with sector Activités spécialisées, scientifiques et techniques diverses

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of 2 FRANCE MARINE is estimated at 61 630 € (range 20 237€ - 104 281€). The price/revenue ratio is 0.36x (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
98 tx
20k€ 61k€ 104k€
61 630 € Range: 20 237€ - 104 281€
NAF 5 all-time

Valuation method used

Revenue Multiple
169 554 € × 0.36x = 61 630 €
Range: 20 237€ - 104 282€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités spécialisées, scientifiques et techniques diverses)

Compare 2 FRANCE MARINE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses

Frequently asked questions about 2 FRANCE MARINE

What is the revenue of 2 FRANCE MARINE ?

The revenue of 2 FRANCE MARINE in 2023 is 170 k€.

Is 2 FRANCE MARINE profitable?

2 FRANCE MARINE recorded a net loss in 2023.

Where is the headquarters of 2 FRANCE MARINE ?

The headquarters of 2 FRANCE MARINE is located in VERRIERES-LE-BUISSON (91370), in the department Essonne.

Where to find the tax return of 2 FRANCE MARINE ?

The tax return of 2 FRANCE MARINE 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 2 FRANCE MARINE operate?

2 FRANCE MARINE operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.