BLUEGREEN GOLF DE ROCHEFORT OCEAN : revenue, balance sheet and financial ratios

BLUEGREEN GOLF DE ROCHEFORT OCEAN is a French company founded 7 years ago, specialized in the sector Gestion d'installations sportives. Based in SAINT-LAURENT-DE-LA-PREE (17450), this company of category ETI shows in 2023 a revenue of 821 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 - BLUEGREEN GOLF DE ROCHEFORT OCEAN (SIREN 849292982)
Indicator 2023 2022 2020 2019
Revenue 820 547 € 648 153 € 425 776 € 388 903 €
Net income -39 007 € -118 296 € -93 882 € -55 747 €
EBITDA -13 808 € -100 357 € -47 812 € -33 155 €
Net margin -4.8% -18.3% -22.0% -14.3%

Revenue and income statement

In 2023, BLUEGREEN GOLF DE ROCHEFORT OCEAN achieves revenue of 821 k€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +20.5%. Vs 2022, growth of +27% (648 k€ -> 821 k€). After deducting consumption (124 k€), gross margin stands at 697 k€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -14 k€, representing -1.7% of revenue. Positive scissor effect: EBITDA margin improves by +13.8 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -39 k€ (-4.8% 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

820 547 €

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

696 884 €

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

-13 808 €

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

-48 389 €

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

-39 007 €

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

-1.7%

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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 -37%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-36.956%

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

-0.833%

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

-0.622%

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

-0.301

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

55.9%

Solvency indicators evolution
BLUEGREEN GOLF DE ROCHEFORT OCEAN

Sector positioning

Debt ratio
-36.96 2023
2020
2022
2023
Q1: -35.71
Med: 4.12
Q3: 88.31
Excellent -19 pts over 3 years

In 2023, the debt ratio of BLUEGREEN GOLF DE ROCHEFO... (-36.96) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-0.83% 2023
2020
2022
2023
Q1: -11.22%
Med: 12.28%
Q3: 44.73%
Average +11 pts over 3 years

In 2023, the financial autonomy of BLUEGREEN GOLF DE ROCHEFO... (-0.8%) 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
-0.3 years 2023
2020
2022
2023
Q1: -0.39 years
Med: 0.0 years
Q3: 2.26 years
Good -18 pts over 3 years

In 2023, the repayment capacity of BLUEGREEN GOLF DE ROCHEFO... (-0.30) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 83.22. 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

83.216

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

0.0

Liquidity indicators evolution
BLUEGREEN GOLF DE ROCHEFORT OCEAN

Sector positioning

Liquidity ratio
83.22 2023
2020
2022
2023
Q1: 76.26
Med: 131.2
Q3: 260.05
Average

In 2023, the liquidity ratio of BLUEGREEN GOLF DE ROCHEFO... (83.22) 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
0.0x 2023
2020
2022
2023
Q1: -0.71x
Med: 0.0x
Q3: 5.3x
Good +25 pts over 3 years

In 2023, the interest coverage of BLUEGREEN GOLF DE ROCHEFO... (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 155 days. Excellent situation: suppliers finance 149 days of the operating cycle (retail model). Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-1 days): operations structurally generate cash. Over 2019-2023, WCR increased by +99%, 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

-1 239 €

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

6 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

155 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

20 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

-1 j

WCR and payment terms evolution
BLUEGREEN GOLF DE ROCHEFORT OCEAN

Positioning of BLUEGREEN GOLF DE ROCHEFORT OCEAN in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of BLUEGREEN GOLF DE ROCHEFORT OCEAN is estimated at 468 866 € (range 147 942€ - 756 002€). The price/revenue ratio is 0.57x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
73 tx
147k€ 468k€ 756k€
468 866 € Range: 147 942€ - 756 002€
NAF 5 all-time

Valuation method used

Revenue Multiple
820 547 € × 0.57x = 468 866 €
Range: 147 942€ - 756 002€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare BLUEGREEN GOLF DE ROCHEFORT OCEAN with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about BLUEGREEN GOLF DE ROCHEFORT OCEAN

What is the revenue of BLUEGREEN GOLF DE ROCHEFORT OCEAN ?

The revenue of BLUEGREEN GOLF DE ROCHEFORT OCEAN in 2023 is 821 k€.

Is BLUEGREEN GOLF DE ROCHEFORT OCEAN profitable?

BLUEGREEN GOLF DE ROCHEFORT OCEAN recorded a net loss in 2023.

Where is the headquarters of BLUEGREEN GOLF DE ROCHEFORT OCEAN ?

The headquarters of BLUEGREEN GOLF DE ROCHEFORT OCEAN is located in SAINT-LAURENT-DE-LA-PREE (17450), in the department Charente-Maritime.

Where to find the tax return of BLUEGREEN GOLF DE ROCHEFORT OCEAN ?

The tax return of BLUEGREEN GOLF DE ROCHEFORT OCEAN 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 BLUEGREEN GOLF DE ROCHEFORT OCEAN operate?

BLUEGREEN GOLF DE ROCHEFORT OCEAN operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.