BOAT BY SEA MARINE : revenue, balance sheet and financial ratios

BOAT BY SEA MARINE is a French company founded 11 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in LE PRADET (83220), this company of category PME shows in 2021 a revenue of 473 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 - BOAT BY SEA MARINE (SIREN 804140523)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 472 561 € 600 763 € 394 836 € 733 153 € 335 198 € 234 946 €
Net income -24 213 € 23 444 € -37 281 € 68 073 € 4 816 € 18 602 €
EBITDA -15 631 € 44 013 € -40 515 € 100 936 € 12 020 € 24 060 €
Net margin -5.1% 3.9% -9.4% 9.3% 1.4% 7.9%

Revenue and income statement

En 2021, BOAT BY SEA MARINE alcanza unos ingresos de 473 k€. En el período 2016-2021, la empresa muestra un fuerte crecimiento con una TCAC de +15.0%. Caída significativa de -21% vs 2020. Tras deducir el consumo (277 k€), el margen bruto se sitúa en 196 k€, es decir, una tasa del 41%. El EBITDA alcanza -16 k€, representando el -3.3% de los ingresos. Advertencia efecto tijera negativo: a pesar del cambio en ingresos (-21%), el EBITDA varía en -136%, reduciendo el margen en 10.6 puntos. Un EBITDA negativo significa que las operaciones no cubren los gastos corrientes. El resultado neto es negativo en -24 k€ (-5.1% de los ingresos).

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

472 561 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

196 042 €

EBITDA (2021) ?
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

-15 631 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-26 061 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-24 213 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.2%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 131%. El nivel de deuda es alto: el margen de negociación con los bancos se reduce. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 23%. El equilibrio entre fondos propios y deuda es satisfactorio.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

131.173%

Financial autonomy (2021) ?
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

23.185%

Cash flow / Revenue (2021) ?
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

-2.742%

Repayment capacity (2021) ?
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

-3.683

Asset age ratio (2021) ?
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

21.4%

Solvency indicators evolution
BOAT BY SEA MARINE

Sector positioning

Ratio de endeudamiento
131.17 2021
2019
2020
2021
Q1: 0.19
Med: 26.76
Q3: 91.5
Vigilar

En 2021, el ratio de endeudamiento de BOAT BY SEA MARINE (131.17) se sitúa en el top 25% del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Un ratio alto puede indicar dependencia excesiva de financiación externa.

Autonomía financiera
23.18% 2021
2019
2020
2021
Q1: 15.53%
Med: 36.69%
Q3: 58.08%
Average -6 pts over 3 years

En 2021, el autonomía financiera de BOAT BY SEA MARINE (23.2%) se sitúa por debajo de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Una mejora fortalecería la posición competitiva.

Capacidad de reembolso
-3.68 ans 2021
2019
2020
2021
Q1: 0.0 ans
Med: 0.06 ans
Q3: 2.67 ans
Excelente

En 2021, el capacidad de reembolso de BOAT BY SEA MARINE (-3.7 an) se sitúa en el 25% más bajo del sector, lo cual es positivo. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Una capacidad corta refleja deuda controlada y buena generación de efectivo.

Liquidity ratios

El ratio de liquidez se sitúa en 161.03. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo.

Liquidity ratio (2021) ?
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

161.033

Interest coverage (2021) ?
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

-8.451

Liquidity indicators evolution
BOAT BY SEA MARINE

Sector positioning

Ratio de liquidez
161.03 2021
2019
2020
2021
Q1: 149.26
Med: 233.13
Q3: 392.96
Average

En 2021, el ratio de liquidez de BOAT BY SEA MARINE (161.03) se sitúa por debajo de la mediana del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Una mejora fortalecería la posición competitiva.

Cobertura de intereses
-8.45x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.29x
Q3: 4.2x
Average

En 2021, el cobertura de intereses de BOAT BY SEA MARINE (-8.4x) se sitúa por debajo de la mediana del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Una mejora fortalecería la posición competitiva.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 47 días. Plazo proveedores: 50 días. Situación favorable. La rotación de existencias es de 91 días. Este alto nivel inmoviliza tesorería y potencialmente crea riesgo de obsolescencia. El FM representa 130 días de ingresos. En 2016-2021, el FM aumentó en +807%.

Operating WCR (2021) ?
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

170 840 €

Customer credit (2021) ?
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

47 j

Supplier credit (2021) ?
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 (2021) ?
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

91 j

WCR in days of revenue (2021) ?
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

130 j

WCR and payment terms evolution
BOAT BY SEA MARINE

Positioning of BOAT BY SEA MARINE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'autres biens domestiques

Valuation estimate

Based on 145 transactions of similar company sales (all years), the value of BOAT BY SEA MARINE is estimated at 90 413 € (range 50 886€ - 230 492€). The price/revenue ratio is 0.19x (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.

Estimated enterprise value 2021
145 transactions
50k€ 90k€ 230k€
90 413 € Range: 50 886€ - 230 492€
NAF 5 all-time

Valuation method used

Revenue Multiple
472 561 € × 0.19x = 90 413 €
Range: 50 887€ - 230 493€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 145 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 (Commerce de gros (commerce interentreprises) d'autres biens domestiques )

Compare BOAT BY SEA MARINE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'autres biens domestiques

Frequently asked questions about BOAT BY SEA MARINE

What is the revenue of BOAT BY SEA MARINE ?

The revenue of BOAT BY SEA MARINE in 2021 is 473 k€.

Is BOAT BY SEA MARINE profitable?

BOAT BY SEA MARINE recorded a net loss in 2021.

Where is the headquarters of BOAT BY SEA MARINE ?

The headquarters of BOAT BY SEA MARINE is located in LE PRADET (83220), in the department Var.

Where to find the tax return of BOAT BY SEA MARINE ?

The tax return of BOAT BY SEA 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 BOAT BY SEA MARINE operate?

BOAT BY SEA MARINE operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.