OCEANE CAR RENTAL : revenue, balance sheet and financial ratios

OCEANE CAR RENTAL is a French company founded 9 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in SAINT MARTIN (97150), this company of category PME shows in 2023 a revenue of 165 k€. 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 - OCEANE CAR RENTAL (SIREN 821015260)
Indicator 2023 2021 2020 2019 2018 2017
Revenue 164 640 € 131 116 € 63 467 € 304 913 € 239 101 € 153 903 €
Net income 217 € 38 543 € -53 147 € 3 341 € 546 € 4 526 €
EBITDA -5 247 € 26 994 € -74 985 € 74 112 € -61 919 € 18 018 €
Net margin 0.1% 29.4% -83.7% 1.1% 0.2% 2.9%

Revenue and income statement

In 2023, OCEANE CAR RENTAL achieves revenue of 165 k€. Revenue is growing positively over 6 years (CAGR: +1.1%). Vs 2021, growth of +26% (131 k€ -> 165 k€). After deducting consumption (3 k€), gross margin stands at 162 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -5 k€, representing -3.2% of revenue. Warning negative scissor effect: despite revenue change (+26%), EBITDA varies by -119%, reducing margin by 23.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 217 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

164 640 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

161 548 €

EBITDA (2023) ?
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

-5 247 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

913 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

217 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.2%

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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 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 0.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

40.249%

Financial autonomy (2023) ?
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

0.432%

Cash flow / Revenue (2023) ?
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

0.132%

Repayment capacity (2023) ?
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

0.0

Solvency indicators evolution
OCEANE CAR RENTAL

Sector positioning

Debt ratio
40.25 2023
2020
2021
2023
Q1: 0.0
Med: 21.2
Q3: 129.09
Average +29 pts over 3 years

In 2023, the debt ratio of OCEANE CAR RENTAL (40.25) 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
0.43% 2023
2020
2021
2023
Q1: 0.62%
Med: 22.93%
Q3: 50.03%
Average -9 pts over 3 years

In 2023, the financial autonomy of OCEANE CAR RENTAL (0.4%) 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
0.0 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.11 years
Q3: 2.31 years
Excellent

In 2023, the repayment capacity of OCEANE CAR RENTAL (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 21.08. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

21.083

Interest coverage (2023) ?
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

-5.603

Liquidity indicators evolution
OCEANE CAR RENTAL

Sector positioning

Liquidity ratio
21.08 2023
2020
2021
2023
Q1: 83.78
Med: 171.26
Q3: 332.26
Watch

In 2023, the liquidity ratio of OCEANE CAR RENTAL (21.08) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-5.6x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.0x
Q3: 3.83x
Average

In 2023, the interest coverage of OCEANE CAR RENTAL (-5.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 630 days. Excellent situation: suppliers finance 577 days of the operating cycle (retail model). WCR is negative (-874 days): operations structurally generate cash. Notable WCR improvement over the period (-1160%), freeing up cash.

Operating WCR (2023) ?
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

-399 818 €

Customer credit (2023) ?
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

53 j

Supplier credit (2023) ?
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

630 j

Inventory turnover (2023) ?
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 in days of revenue (2023) ?
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

-874 j

WCR and payment terms evolution
OCEANE CAR RENTAL

Positioning of OCEANE CAR RENTAL in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of OCEANE CAR RENTAL is estimated at 231 590 € (range 53 848€ - 302 899€). The price/revenue ratio is 2.33x (premium 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 2023
276 transactions
53k€ 231k€ 302k€
231 590 € Range: 53 848€ - 302 899€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
164 640 € × 2.33x
Estimation 384 209 €
89 703€ - 499 598€
Net Income Multiple 20%
217 € × 12.3x
Estimation 2 664 €
66€ - 7 851€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de courte durée de voitures et de véhicules automobiles légers)

Compare OCEANE CAR RENTAL with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about OCEANE CAR RENTAL

What is the revenue of OCEANE CAR RENTAL ?

The revenue of OCEANE CAR RENTAL in 2023 is 165 k€.

Is OCEANE CAR RENTAL profitable?

Yes, OCEANE CAR RENTAL generated a net profit of 217€ in 2023.

Where is the headquarters of OCEANE CAR RENTAL ?

The headquarters of OCEANE CAR RENTAL is located in SAINT MARTIN (97150), in the department Guadeloupe.

Where to find the tax return of OCEANE CAR RENTAL ?

The tax return of OCEANE CAR RENTAL 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 CAR RENTAL operate?

OCEANE CAR RENTAL operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.