ELECTROTECHNIQUE OCEAN INDIEN : revenue, balance sheet and financial ratios

ELECTROTECHNIQUE OCEAN INDIEN is a French company founded 7 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in SAINT-LEU (97416), this company of category PME shows in 2024 a revenue of 8.9 M€. 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 - ELECTROTECHNIQUE OCEAN INDIEN (SIREN 839938917)
Indicator 2024 2023 2021 2020 2019 2018
Revenue 8 949 681 € 7 931 344 € 4 972 687 € 4 280 182 € N/C 582 383 €
Net income 1 149 055 € 1 309 963 € 197 836 € 544 406 € 434 812 € 138 981 €
EBITDA 1 478 040 € 1 779 978 € 306 847 € 660 766 € N/C 142 340 €
Net margin 12.8% 16.5% 4.0% 12.7% N/C 23.9%

Revenue and income statement

In 2024, ELECTROTECHNIQUE OCEAN INDIEN achieves revenue of 8.9 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +57.7%. Vs 2023, growth of +13% (7.9 M€ -> 8.9 M€). After deducting consumption (3.5 M€), gross margin stands at 5.5 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 16.5% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -17%, reducing margin by 5.9 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 1.1 M€, i.e. 12.8% of revenue. This profit can be retained or distributed to shareholders.

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

8 949 681 €

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

5 467 022 €

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

1 478 040 €

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

1 263 106 €

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

1 149 055 €

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

16.5%

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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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.4% 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

36.422%

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

46.196%

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

14.364%

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

0.632

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

46.3%

Solvency indicators evolution
ELECTROTECHNIQUE OCEAN INDIEN

Sector positioning

Debt ratio
36.42 2024
2021
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Average +37 pts over 3 years

In 2024, the debt ratio of ELECTROTECHNIQUE OCEAN IN... (36.42) 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
46.2% 2024
2021
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Good -12 pts over 3 years

In 2024, the financial autonomy of ELECTROTECHNIQUE OCEAN IN... (46.2%) 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
0.63 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.9 years
Average +14 pts over 3 years

In 2024, the repayment capacity of ELECTROTECHNIQUE OCEAN IN... (0.63) 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 241.70. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

241.703

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

1.817

Liquidity indicators evolution
ELECTROTECHNIQUE OCEAN INDIEN

Sector positioning

Liquidity ratio
241.7 2024
2021
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Good +17 pts over 3 years

In 2024, the liquidity ratio of ELECTROTECHNIQUE OCEAN IN... (241.70) 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
1.82x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Good

In 2024, the interest coverage of ELECTROTECHNIQUE OCEAN IN... (1.8x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. Inventory turnover is 62 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 149 days of revenue, i.e. 3.7 M€ to permanently finance. Over 2018-2024, WCR increased by +2095%, 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

3 714 744 €

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

70 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

70 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

62 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

149 j

WCR and payment terms evolution
ELECTROTECHNIQUE OCEAN INDIEN

Positioning of ELECTROTECHNIQUE OCEAN INDIEN in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 803 628€ to 4 098 317€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
803k€ 1405k€ 4098k€
1 405 556 € Range: 803 628€ - 4 098 317€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 (Travaux d'installation électrique dans tous locaux)

Compare ELECTROTECHNIQUE 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 ELECTROTECHNIQUE OCEAN INDIEN

What is the revenue of ELECTROTECHNIQUE OCEAN INDIEN ?

The revenue of ELECTROTECHNIQUE OCEAN INDIEN in 2024 is 8.9 M€.

Is ELECTROTECHNIQUE OCEAN INDIEN profitable?

Yes, ELECTROTECHNIQUE OCEAN INDIEN generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of ELECTROTECHNIQUE OCEAN INDIEN ?

The headquarters of ELECTROTECHNIQUE OCEAN INDIEN is located in SAINT-LEU (97416), in the department La Reunion.

Where to find the tax return of ELECTROTECHNIQUE OCEAN INDIEN ?

The tax return of ELECTROTECHNIQUE 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 ELECTROTECHNIQUE OCEAN INDIEN operate?

ELECTROTECHNIQUE 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.