OCEANET TECHNOLOGY : revenue, balance sheet and financial ratios

OCEANET TECHNOLOGY is a French company founded 29 years ago, specialized in the sector Traitement de données, hébergement et activités connexes. Based in SAINT-HERBLAIN (44800), this company of category ETI shows in 2023 a revenue of 14.2 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

Financial history - OCEANET TECHNOLOGY (SIREN 408893063)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 14 218 174 € 14 342 189 € 15 001 593 € 16 006 771 € 15 798 120 € 14 584 799 € 13 530 009 € 12 535 993 €
Net income 313 453 € 1 363 912 € 1 135 324 € 585 008 € 72 973 € 94 756 € 995 839 € 873 671 €
EBITDA 558 704 € 757 830 € 1 323 449 € 1 370 715 € 636 720 € 1 118 984 € 901 941 € 1 581 952 €
Net margin 2.2% 9.5% 7.6% 3.7% 0.5% 0.6% 7.4% 7.0%

Revenue and income statement

In 2023, OCEANET TECHNOLOGY achieves revenue of 14.2 M€. Revenue is growing positively over 8 years (CAGR: +1.8%). Slight decline of -1% vs 2022. After deducting consumption (245 k€), gross margin stands at 14.0 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 559 k€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 313 k€, i.e. 2.2% 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

14 218 174 €

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

13 973 396 €

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

558 704 €

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

1 668 330 €

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

313 453 €

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

3.9%

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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 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

61.195%

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

50.499%

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

-2.416%

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

-23.422

Asset age ratio (2023) ?
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

9.8%

Solvency indicators evolution
OCEANET TECHNOLOGY

Sector positioning

Debt ratio
61.2 2023
2021
2022
2023
Q1: 0.0
Med: 3.55
Q3: 39.22
Average

In 2023, the debt ratio of OCEANET TECHNOLOGY (61.20) 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
50.5% 2023
2021
2022
2023
Q1: 7.44%
Med: 35.93%
Q3: 59.31%
Good

In 2023, the financial autonomy of OCEANET TECHNOLOGY (50.5%) 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
-23.42 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.71 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of OCEANET TECHNOLOGY (-23.42) 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 116.09. 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 96.0x. Operating income very largely covers interest expenses: high safety margin.

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

116.087

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

95.983

Liquidity indicators evolution
OCEANET TECHNOLOGY

Sector positioning

Liquidity ratio
116.09 2023
2021
2022
2023
Q1: 127.48
Med: 213.78
Q3: 397.65
Watch

In 2023, the liquidity ratio of OCEANET TECHNOLOGY (116.09) 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
95.98x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.67x
Excellent

In 2023, the interest coverage of OCEANET TECHNOLOGY (96.0x) 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. Average customer payment term: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 114 days. Excellent situation: suppliers finance 55 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 71 days of revenue, i.e. 2.8 M€ to permanently finance. Over 2016-2023, WCR increased by +544%, requiring additional financing.

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

2 811 360 €

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

59 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

114 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

2 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

71 j

WCR and payment terms evolution
OCEANET TECHNOLOGY

Positioning of OCEANET TECHNOLOGY in its sector

Comparison with sector Traitement de données, hébergement et activités connexes

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 620 682€ to 3 889 531€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
620k€ 1214k€ 3889k€
1 214 602 € Range: 620 682€ - 3 889 531€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Traitement de données, hébergement et activités connexes)

Compare OCEANET TECHNOLOGY with other companies in the same sector:

Voir toutes les statistiques du secteur Traitement de données, hébergement et activités connexes

Frequently asked questions about OCEANET TECHNOLOGY

What is the revenue of OCEANET TECHNOLOGY ?

The revenue of OCEANET TECHNOLOGY in 2023 is 14.2 M€.

Is OCEANET TECHNOLOGY profitable?

Yes, OCEANET TECHNOLOGY generated a net profit of 313 k€ in 2023.

Where is the headquarters of OCEANET TECHNOLOGY ?

The headquarters of OCEANET TECHNOLOGY is located in SAINT-HERBLAIN (44800), in the department Loire-Atlantique.

Where to find the tax return of OCEANET TECHNOLOGY ?

The tax return of OCEANET TECHNOLOGY 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 OCEANET TECHNOLOGY operate?

OCEANET TECHNOLOGY operates in the sector Traitement de données, hébergement et activités connexes (NAF code 63.11Z). See the 'Sector positioning' section above to compare the company with its competitors.