BLANDEM OCEAN INDIEN : revenue, balance sheet and financial ratios

BLANDEM OCEAN INDIEN is a French company founded 9 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in LE TAMPON (97430), this company of category PME shows in 2018 a revenue of 437 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - BLANDEM OCEAN INDIEN (SIREN 828924985)
Indicator 2022 2021 2020 2018 2017
Revenue N/C N/C N/C 436 824 € 142 726 €
Net income -264 102 € 92 738 € 157 084 € 6 194 € 4 729 €
EBITDA N/C N/C N/C 2 152 € 4 825 €
Net margin N/C N/C N/C 1.4% 3.3%

Revenue and income statement

In 2022, BLANDEM OCEAN INDIEN records a net loss of 264 k€. This deficit will reduce equity on the balance sheet.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-264 102 €

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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 89%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

88.859%

Financial autonomy (2022) ?
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

15.043%

Asset age ratio (2022) ?
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

42.1%

Solvency indicators evolution
BLANDEM OCEAN INDIEN

Sector positioning

Debt ratio
88.86 2022
2020
2021
2022
Q1: 0.78
Med: 18.71
Q3: 64.32
Average +14 pts over 3 years

In 2022, the debt ratio of BLANDEM OCEAN INDIEN (88.86) 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
15.04% 2022
2020
2021
2022
Q1: 11.91%
Med: 32.52%
Q3: 53.92%
Average -23 pts over 3 years

In 2022, the financial autonomy of BLANDEM OCEAN INDIEN (15.0%) 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 133.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

133.922

Liquidity indicators evolution
BLANDEM OCEAN INDIEN

Sector positioning

Liquidity ratio
133.92 2022
2020
2021
2022
Q1: 148.9
Med: 210.29
Q3: 309.26
Watch -10 pts over 3 years

In 2022, the liquidity ratio of BLANDEM OCEAN INDIEN (133.92) 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 (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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
BLANDEM OCEAN INDIEN

Positioning of BLANDEM OCEAN INDIEN in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Similar companies (Travaux d'installation électrique dans tous locaux)

Compare BLANDEM OCEAN INDIEN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about BLANDEM OCEAN INDIEN

What is the revenue of BLANDEM OCEAN INDIEN ?

The revenue of BLANDEM OCEAN INDIEN in 2018 is 437 k€.

Is BLANDEM OCEAN INDIEN profitable?

BLANDEM OCEAN INDIEN recorded a net loss in 2022.

Where is the headquarters of BLANDEM OCEAN INDIEN ?

The headquarters of BLANDEM OCEAN INDIEN is located in LE TAMPON (97430), in the department La Reunion.

Where to find the tax return of BLANDEM OCEAN INDIEN ?

The tax return of BLANDEM OCEAN INDIEN 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 BLANDEM OCEAN INDIEN operate?

BLANDEM OCEAN INDIEN operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.