BOURBON OFFSHORE CRAFT TT : revenue, balance sheet and financial ratios

BOURBON OFFSHORE CRAFT TT is a French company founded 20 years ago, specialized in the sector Affrètement et organisation des transports . Based in MARSEILLE (13002), this company of category ETI shows in 2024 a revenue of 5.6 M€. 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 - BOURBON OFFSHORE CRAFT TT (SIREN 487771297)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 5 564 147 € 7 056 572 € 4 628 135 € 5 909 391 € 7 270 134 € 10 858 392 € 12 020 381 € 4 128 288 € 4 659 546 €
Net income -265 756 € 1 556 736 € 3 674 670 € -194 746 € -358 797 € 130 236 € 2 623 517 € -3 158 959 € 14 515 €
EBITDA 3 714 947 € -5 282 390 € 3 110 521 € 4 472 097 € 4 767 980 € 8 914 556 € 8 912 697 € 783 679 € 424 597 €
Net margin -4.8% 22.1% 79.4% -3.3% -4.9% 1.2% 21.8% -76.5% 0.3%

Revenue and income statement

In 2024, BOURBON OFFSHORE CRAFT TT achieves revenue of 5.6 M€. Revenue is growing positively over 9 years (CAGR: +2.2%). Significant drop of -21% vs 2023. After deducting consumption (10 k€), gross margin stands at 5.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.7 M€, representing 66.8% of revenue. Positive scissor effect: EBITDA margin improves by +141.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -266 k€ (-4.8% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 564 147 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 553 718 €

EBITDA (2024) ?
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

3 714 947 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

185 248 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-265 756 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

66.8%

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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 0%. 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 21%. The balance between equity and debt is satisfactory. Cash flow represents 65.7% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

21.425%

Cash flow / Revenue (2024) ?
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

65.695%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

47.9%

Solvency indicators evolution
BOURBON OFFSHORE CRAFT TT

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of BOURBON OFFSHORE CRAFT TT (0.00) 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
21.43% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Average -7 pts over 3 years

In 2024, the financial autonomy of BOURBON OFFSHORE CRAFT TT (21.4%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of BOURBON OFFSHORE CRAFT TT (0.00) 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 116.14. 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 5.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

116.139

Interest coverage (2024) ?
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

5.276

Liquidity indicators evolution
BOURBON OFFSHORE CRAFT TT

Sector positioning

Liquidity ratio
116.14 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Watch -50 pts over 3 years

In 2024, the liquidity ratio of BOURBON OFFSHORE CRAFT TT (116.14) 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.

Interest coverage
5.28x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Good +16 pts over 3 years

In 2024, the interest coverage of BOURBON OFFSHORE CRAFT TT (5.3x) 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: 1135 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1353 days. Excellent situation: suppliers finance 218 days of the operating cycle (retail model). Overall, WCR represents 461 days of revenue, i.e. 7.1 M€ to permanently finance. Over 2016-2024, WCR increased by +978%, requiring additional financing.

Operating WCR (2024) ?
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

7 124 779 €

Customer credit (2024) ?
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

1135 j

Supplier credit (2024) ?
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

1353 j

Inventory turnover (2024) ?
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 (2024) ?
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

461 j

WCR and payment terms evolution
BOURBON OFFSHORE CRAFT TT

Positioning of BOURBON OFFSHORE CRAFT TT in its sector

Comparison with sector Affrètement et organisation des transports

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 2 974 689€ to 3 987 612€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
2974k€ 3680k€ 3987k€
3 680 334 € Range: 2 974 689€ - 3 987 612€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Affrètement et organisation des transports )

Compare BOURBON OFFSHORE CRAFT TT with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about BOURBON OFFSHORE CRAFT TT

What is the revenue of BOURBON OFFSHORE CRAFT TT ?

The revenue of BOURBON OFFSHORE CRAFT TT in 2024 is 5.6 M€.

Is BOURBON OFFSHORE CRAFT TT profitable?

BOURBON OFFSHORE CRAFT TT recorded a net loss in 2024.

Where is the headquarters of BOURBON OFFSHORE CRAFT TT ?

The headquarters of BOURBON OFFSHORE CRAFT TT is located in MARSEILLE (13002), in the department Bouches-du-Rhone.

Where to find the tax return of BOURBON OFFSHORE CRAFT TT ?

The tax return of BOURBON OFFSHORE CRAFT TT 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 BOURBON OFFSHORE CRAFT TT operate?

BOURBON OFFSHORE CRAFT TT operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.