ALPHA PLONGEE MARTINIQUE SAS : revenue, balance sheet and financial ratios

ALPHA PLONGEE MARTINIQUE SAS is a French company founded 10 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in LES ANSES-D'ARLET (97217), this company of category PME shows in 2023 a revenue of 490 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ALPHA PLONGEE MARTINIQUE SAS (SIREN 814796025)
Indicator 2023 2022 2020 2019 2018
Revenue 490 229 € 436 759 € 214 940 € 272 812 € 311 418 €
Net income 45 059 € 97 549 € 9 917 € 38 483 € 16 158 €
EBITDA 90 807 € 145 686 € 9 679 € 77 386 € 57 148 €
Net margin 9.2% 22.3% 4.6% 14.1% 5.2%

Revenue and income statement

In 2023, ALPHA PLONGEE MARTINIQUE SAS achieves revenue of 490 k€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.5%. Vs 2022, growth of +12% (437 k€ -> 490 k€). After deducting consumption (0 €), gross margin stands at 490 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 91 k€, representing 18.5% of revenue. Warning negative scissor effect: despite revenue change (+12%), EBITDA varies by -38%, reducing margin by 14.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 45 k€, i.e. 9.2% 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

490 229 €

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

490 229 €

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

90 807 €

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

50 912 €

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

45 059 €

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

18.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 113%. Debt level is high: negotiating margin with banks is reduced. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 17.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

113.129%

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

42.245%

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

17.327%

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

1.654

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

23.2%

Solvency indicators evolution
ALPHA PLONGEE MARTINIQUE SAS

Sector positioning

Debt ratio
113.13 2023
2020
2022
2023
Q1: 0.0
Med: 20.55
Q3: 109.8
Average

In 2023, the debt ratio of ALPHA PLONGEE MARTINIQUE SAS (113.13) 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
42.24% 2023
2020
2022
2023
Q1: 1.62%
Med: 25.66%
Q3: 54.68%
Good +13 pts over 3 years

In 2023, the financial autonomy of ALPHA PLONGEE MARTINIQUE SAS (42.2%) 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
1.65 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.73 years
Average

In 2023, the repayment capacity of ALPHA PLONGEE MARTINIQUE SAS (1.65) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 317.01. 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 3.4x. Financial charges are adequately covered by operations.

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

317.014

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

3.44

Liquidity indicators evolution
ALPHA PLONGEE MARTINIQUE SAS

Sector positioning

Liquidity ratio
317.01 2023
2020
2022
2023
Q1: 92.62
Med: 180.17
Q3: 379.46
Good

In 2023, the liquidity ratio of ALPHA PLONGEE MARTINIQUE SAS (317.01) 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
3.44x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.37x
Excellent

In 2023, the interest coverage of ALPHA PLONGEE MARTINIQUE SAS (3.4x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 4 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Overall, WCR represents 43 days of revenue, i.e. 59 k€ to permanently finance. Over 2018-2023, WCR increased by +656%, 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

59 058 €

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

0 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

4 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

43 j

WCR and payment terms evolution
ALPHA PLONGEE MARTINIQUE SAS

Positioning of ALPHA PLONGEE MARTINIQUE SAS in its sector

Comparison with sector Autres activités récréatives et de loisirs

Valuation estimate

Based on 114 transactions of similar company sales (all years), the value of ALPHA PLONGEE MARTINIQUE SAS is estimated at 407 307 € (range 223 560€ - 697 430€). With an EBITDA of 90 807€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (in line with sector norms). 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.

Estimated enterprise value 2023
114 transactions
223k€ 407k€ 697k€
407 307 € Range: 223 560€ - 697 430€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
90 807 € × 5.1x
Estimation 463 053 €
268 017€ - 723 342€
Revenue Multiple 30%
490 229 € × 0.72x
Estimation 353 635 €
163 059€ - 671 889€
Net Income Multiple 20%
45 059 € × 7.7x
Estimation 348 450 €
203 172€ - 670 965€
How is this estimate calculated?

This estimate is based on the analysis of 114 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 (Autres activités récréatives et de loisirs)

Compare ALPHA PLONGEE MARTINIQUE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs

Frequently asked questions about ALPHA PLONGEE MARTINIQUE SAS

What is the revenue of ALPHA PLONGEE MARTINIQUE SAS ?

The revenue of ALPHA PLONGEE MARTINIQUE SAS in 2023 is 490 k€.

Is ALPHA PLONGEE MARTINIQUE SAS profitable?

Yes, ALPHA PLONGEE MARTINIQUE SAS generated a net profit of 45 k€ in 2023.

Where is the headquarters of ALPHA PLONGEE MARTINIQUE SAS ?

The headquarters of ALPHA PLONGEE MARTINIQUE SAS is located in LES ANSES-D'ARLET (97217), in the department Martinique.

Where to find the tax return of ALPHA PLONGEE MARTINIQUE SAS ?

The tax return of ALPHA PLONGEE MARTINIQUE SAS 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 ALPHA PLONGEE MARTINIQUE SAS operate?

ALPHA PLONGEE MARTINIQUE SAS operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.