SIREN : 409440054
ESPACE OCEAN is a French company founded 29 years ago, specialized in the sector Réparation et maintenance navale. Based in PETIT-BOURG (97170), this company of category PME shows in 2021 a revenue of 625 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 625 298 € | 525 006 € | 674 770 € | 572 600 € | 363 614 € | 409 681 € | 363 786 € |
| Net income | 8 878 € | -5 703 € | 56 649 € | 17 070 € | 5 354 € | 20 909 € | -18 279 € |
| EBITDA | 30 437 € | 9 229 € | 83 478 € | 62 839 € | 13 015 € | 40 391 € | -10 415 € |
| Net margin | 1.4% | -1.1% | 8.4% | 3.0% | 1.5% | 5.1% | -5.0% |
In 2021, ESPACE OCEAN achieves revenue of 625 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +9.4%. Vs 2020, growth of +19% (525 k€ -> 625 k€). After deducting consumption (270 k€), gross margin stands at 355 k€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 4.9% of revenue. Positive scissor effect: EBITDA margin improves by +3.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.
625 298 €
355 452 €
30 437 €
11 999 €
8 878 €
4.9%
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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
88.634%
35.904%
3.693%
7.354
35.3%
In 2021, the debt ratio of ESPACE OCEAN (88.63) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2021, the financial autonomy of ESPACE OCEAN (35.9%) 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.
In 2021, the repayment capacity of ESPACE OCEAN (7.35) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 362.59. 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 7.8x. Operating income very largely covers interest expenses: high safety margin.
362.586
7.839
In 2021, the liquidity ratio of ESPACE OCEAN (362.59) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2021, the interest coverage of ESPACE OCEAN (7.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. The gap of 38 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 95 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 136 days of revenue, i.e. 236 k€ to permanently finance. Over 2015-2021, WCR increased by +307%, requiring additional financing.
235 937 €
80 j
42 j
95 j
136 j
Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 96 909€ to 243 886€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 25 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ESPACE OCEAN with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation et maintenance navale
The revenue of ESPACE OCEAN in 2021 is 625 k€.
Yes, ESPACE OCEAN generated a net profit of 9 k€ in 2021.
The headquarters of ESPACE OCEAN is located in PETIT-BOURG (97170), in the department Guadeloupe.
The tax return of ESPACE 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).
ESPACE OCEAN operates in the sector Réparation et maintenance navale (NAF code 33.15Z). See the 'Sector positioning' section above to compare the company with its competitors.