SIREN : 413843319
GRASSI BATEAUX SARL is a French company founded 28 years ago, specialized in the sector Réparation et maintenance navale. Based in LA ROCHELLE (17000), this company of category PME shows in 2024 a revenue of 7.9 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 886 702 € | 6 624 587 € | 6 605 747 € | 3 150 779 € | 5 038 378 € | 3 464 424 € | 4 750 504 € | 2 991 304 € |
| Net income | 161 522 € | 176 476 € | 201 038 € | -112 415 € | 39 981 € | 49 817 € | 121 191 € | 43 496 € |
| EBITDA | 336 850 € | 328 320 € | 342 836 € | -129 941 € | 190 851 € | 141 454 € | 161 467 € | 34 590 € |
| Net margin | 2.0% | 2.7% | 3.0% | -3.6% | 0.8% | 1.4% | 2.6% | 1.5% |
In 2024, GRASSI BATEAUX SARL achieves revenue of 7.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.9%. Vs 2023, growth of +19% (6.6 M€ -> 7.9 M€). After deducting consumption (5.3 M€), gross margin stands at 2.6 M€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 337 k€, representing 4.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 162 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.
7 886 702 €
2 564 823 €
336 850 €
305 470 €
161 522 €
4.3%
The debt ratio (= Financial debt / Equity x 100) stands at 124%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
124.36%
28.408%
3.196%
3.111
56.3%
In 2024, the debt ratio of GRASSI BATEAUX SARL (124.36) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of GRASSI BATEAUX SARL (28.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of GRASSI BATEAUX SARL (3.11) 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 152.32. 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 10.1x. Operating income very largely covers interest expenses: high safety margin.
152.325
10.107
In 2024, the liquidity ratio of GRASSI BATEAUX SARL (152.32) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of GRASSI BATEAUX SARL (10.1x) 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: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The company must finance 9 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 8 days of revenue, i.e. 183 k€ to permanently finance. Notable WCR improvement over the period (-64%), freeing up cash.
183 366 €
19 j
10 j
1 j
8 j
Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 1 188 314€ to 3 083 762€ 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 GRASSI BATEAUX SARL with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation et maintenance navale
The revenue of GRASSI BATEAUX SARL in 2024 is 7.9 M€.
Yes, GRASSI BATEAUX SARL generated a net profit of 162 k€ in 2024.
The headquarters of GRASSI BATEAUX SARL is located in LA ROCHELLE (17000), in the department Charente-Maritime.
The tax return of GRASSI BATEAUX SARL 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).
GRASSI BATEAUX SARL 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.