OCEANE AUTOMOBILES : revenue, balance sheet and financial ratios

OCEANE AUTOMOBILES is a French company founded 35 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in AURAY (56400), this company of category PME shows in 2022 a revenue of 1.5 M€. 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

Financial history - OCEANE AUTOMOBILES (SIREN 379322142)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 1 518 541 € N/C N/C N/C N/C 1 757 280 € 1 257 521 €
Net income -40 577 € 23 983 € 18 057 € 1 469 € 16 179 € 33 694 € 38 634 € 73 799 € 33 780 €
EBITDA N/C N/C 9 937 € N/C N/C N/C N/C 72 793 € 23 021 €
Net margin N/C N/C 1.2% N/C N/C N/C N/C 4.2% 2.7%

Revenue and income statement

In 2024, OCEANE AUTOMOBILES records a net loss of 41 k€. This deficit will reduce equity on the balance sheet.

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

-40 577 €

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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 153%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory.

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

153.137%

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

25.454%

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

31.7%

Solvency indicators evolution
OCEANE AUTOMOBILES

Sector positioning

Debt ratio
153.14 2024
2022
2023
2024
Q1: 5.46
Med: 23.95
Q3: 69.2
Average +17 pts over 3 years

In 2024, the debt ratio of OCEANE AUTOMOBILES (153.14) 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
25.45% 2024
2022
2023
2024
Q1: 21.34%
Med: 45.54%
Q3: 63.3%
Average -27 pts over 3 years

In 2024, the financial autonomy of OCEANE AUTOMOBILES (25.4%) 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
23.93 years 2022
2022
Q1: 0.0 years
Med: 0.88 years
Q3: 3.06 years
Watch

In 2022, the repayment capacity of OCEANE AUTOMOBILES (23.93) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 175.72. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

175.722

Liquidity indicators evolution
OCEANE AUTOMOBILES

Sector positioning

Liquidity ratio
175.72 2024
2022
2023
2024
Q1: 142.55
Med: 216.97
Q3: 327.22
Average -39 pts over 3 years

In 2024, the liquidity ratio of OCEANE AUTOMOBILES (175.72) 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.

Interest coverage
18.23x 2022
2022
Q1: 0.0x
Med: 0.81x
Q3: 3.72x
Excellent

In 2022, the interest coverage of OCEANE AUTOMOBILES (18.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
OCEANE AUTOMOBILES

Positioning of OCEANE AUTOMOBILES in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Similar companies (Entretien et réparation de véhicules automobiles légers)

Compare OCEANE AUTOMOBILES with other companies in the same sector:

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

Frequently asked questions about OCEANE AUTOMOBILES

What is the revenue of OCEANE AUTOMOBILES ?

The revenue of OCEANE AUTOMOBILES in 2022 is 1.5 M€.

Is OCEANE AUTOMOBILES profitable?

OCEANE AUTOMOBILES recorded a net loss in 2024.

Where is the headquarters of OCEANE AUTOMOBILES ?

The headquarters of OCEANE AUTOMOBILES is located in AURAY (56400), in the department Morbihan.

Where to find the tax return of OCEANE AUTOMOBILES ?

The tax return of OCEANE AUTOMOBILES 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 OCEANE AUTOMOBILES operate?

OCEANE AUTOMOBILES 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.