GARAGE DE L'OCEAN : revenue, balance sheet and financial ratios

GARAGE DE L'OCEAN is a French company founded 26 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in CHANTONNAY (85110), this company of category PME shows in 2022 a revenue of 4.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - GARAGE DE L'OCEAN (SIREN 430294835)
Indicator 2022 2021 2020 2019 2014
Revenue 4 464 999 € 3 888 777 € 4 305 383 € 4 028 457 € 4 017 249 €
Net income 134 046 € 136 658 € 63 038 € 31 677 € 139 837 €
EBITDA 202 558 € 188 133 € 67 224 € 67 905 € 219 419 €
Net margin 3.0% 3.5% 1.5% 0.8% 3.5%

Revenue and income statement

In 2022, GARAGE DE L'OCEAN achieves revenue of 4.5 M€. Revenue is growing positively over 5 years (CAGR: +1.3%). Vs 2021, growth of +15% (3.9 M€ -> 4.5 M€). After deducting consumption (3.2 M€), gross margin stands at 1.2 M€, i.e. a rate of 28%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 203 k€, representing 4.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 134 k€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 464 999 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 237 900 €

EBITDA (2022) ?
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

202 558 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

179 731 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

134 046 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.5%

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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 69%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 47%. 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 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

68.604%

Financial autonomy (2022) ?
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

47.137%

Cash flow / Revenue (2022) ?
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

3.589%

Repayment capacity (2022) ?
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

3.706

Asset age ratio (2022) ?
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

31.9%

Solvency indicators evolution
GARAGE DE L'OCEAN

Sector positioning

Debt ratio
68.6 2022
2020
2021
2022
Q1: 5.78
Med: 34.8
Q3: 103.75
Average +6 pts over 3 years

In 2022, the debt ratio of GARAGE DE L'OCEAN (68.60) 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
47.14% 2022
2020
2021
2022
Q1: 19.45%
Med: 40.48%
Q3: 59.7%
Good

In 2022, the financial autonomy of GARAGE DE L'OCEAN (47.1%) 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
3.71 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.88 years
Q3: 3.06 years
Average

In 2022, the repayment capacity of GARAGE DE L'OCEAN (3.71) 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 478.72. 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 2.6x. Financial charges are adequately covered by operations.

Liquidity ratio (2022) ?
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

478.724

Interest coverage (2022) ?
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

2.555

Liquidity indicators evolution
GARAGE DE L'OCEAN

Sector positioning

Liquidity ratio
478.72 2022
2020
2021
2022
Q1: 136.89
Med: 204.21
Q3: 300.21
Excellent

In 2022, the liquidity ratio of GARAGE DE L'OCEAN (478.72) 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.

Interest coverage
2.56x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.82x
Q3: 3.72x
Good -10 pts over 3 years

In 2022, the interest coverage of GARAGE DE L'OCEAN (2.6x) 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: 11 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 63 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 102 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2014-2022, WCR increased by +120%, requiring additional financing.

Operating WCR (2022) ?
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

1 271 230 €

Customer credit (2022) ?
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

11 j

Supplier credit (2022) ?
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

18 j

Inventory turnover (2022) ?
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

63 j

WCR in days of revenue (2022) ?
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

102 j

WCR and payment terms evolution
GARAGE DE L'OCEAN

Positioning of GARAGE DE L'OCEAN in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 130 transactions of similar company sales in 2022, the value of GARAGE DE L'OCEAN is estimated at 924 708 € (range 483 115€ - 1 780 827€). With an EBITDA of 202 558€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.31x (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 2022
130 transactions
483k€ 924k€ 1780k€
924 708 € Range: 483 115€ - 1 780 827€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
202 558 € × 3.9x
Estimation 780 068 €
408 937€ - 1 504 125€
Revenue Multiple 30%
4 464 999 € × 0.31x
Estimation 1 375 205 €
764 938€ - 2 756 859€
Net Income Multiple 20%
134 046 € × 4.6x
Estimation 610 563 €
245 831€ - 1 008 539€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 130 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 (Entretien et réparation de véhicules automobiles légers)

Compare GARAGE DE L'OCEAN with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about GARAGE DE L'OCEAN

What is the revenue of GARAGE DE L'OCEAN ?

The revenue of GARAGE DE L'OCEAN in 2022 is 4.5 M€.

Is GARAGE DE L'OCEAN profitable?

Yes, GARAGE DE L'OCEAN generated a net profit of 134 k€ in 2022.

Where is the headquarters of GARAGE DE L'OCEAN ?

The headquarters of GARAGE DE L'OCEAN is located in CHANTONNAY (85110), in the department Vendee.

Where to find the tax return of GARAGE DE L'OCEAN ?

The tax return of GARAGE DE L'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 GARAGE DE L'OCEAN operate?

GARAGE DE L'OCEAN operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.