ON BOARD YACHTING : revenue, balance sheet and financial ratios

ON BOARD YACHTING is a French company founded 12 years ago, specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques. Based in ANTIBES (06160), this company of category PME shows in 2023 a revenue of 13 k€. 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 - ON BOARD YACHTING (SIREN 793589706)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 12 990 € 55 105 € 60 012 € 993 810 € 379 352 € 824 587 € 258 472 € 271 120 €
Net income -112 322 € -122 865 € -60 516 € 348 790 € 143 709 € 358 985 € 75 472 € 91 677 €
EBITDA -105 080 € -108 705 € -62 317 € 488 601 € 207 789 € 551 750 € 124 091 € 136 462 €
Net margin -864.7% -223.0% -100.8% 35.1% 37.9% 43.5% 29.2% 33.8%

Revenue and income statement

In 2023, ON BOARD YACHTING achieves revenue of 13 k€. Revenue is declining over the period 2016-2023 (CAGR: -35.2%). Significant drop of -76% vs 2022. After deducting consumption (23 k€), gross margin stands at -10 k€, i.e. a rate of -76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -105 k€, representing -808.9% of revenue. Warning negative scissor effect: despite revenue change (-76%), EBITDA varies by +3%, reducing margin by 611.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -112 k€ (-864.7% of revenue), which will impact equity.

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

12 990 €

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

-9 810 €

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

-105 080 €

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

-114 569 €

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

-112 322 €

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

-808.9%

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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 14%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 61%. 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

14.033%

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

60.603%

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

-791.594%

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

-0.112

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

16.4%

Solvency indicators evolution
ON BOARD YACHTING

Sector positioning

Debt ratio
14.03 2023
2021
2022
2023
Q1: 0.0
Med: 7.74
Q3: 43.88
Average +26 pts over 3 years

In 2023, the debt ratio of ON BOARD YACHTING (14.03) 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
60.6% 2023
2021
2022
2023
Q1: 12.27%
Med: 40.31%
Q3: 63.81%
Good

In 2023, the financial autonomy of ON BOARD YACHTING (60.6%) 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
-0.11 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.14 years
Excellent

In 2023, the repayment capacity of ON BOARD YACHTING (-0.11) 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 300.04. 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

300.041

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

-0.327

Liquidity indicators evolution
ON BOARD YACHTING

Sector positioning

Liquidity ratio
300.04 2023
2021
2022
2023
Q1: 143.48
Med: 239.57
Q3: 444.35
Good -18 pts over 3 years

In 2023, the liquidity ratio of ON BOARD YACHTING (300.04) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.33x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.24x
Average

In 2023, the interest coverage of ON BOARD YACHTING (-0.3x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 1559 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 525 days of revenue, i.e. 19 k€ to permanently finance. Over 2016-2023, WCR increased by +109%, 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

18 953 €

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

0 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

10 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

1559 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

525 j

WCR and payment terms evolution
ON BOARD YACHTING

Positioning of ON BOARD YACHTING in its sector

Comparison with sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Valuation estimate

Based on 50 transactions of similar company sales (all years), the value of ON BOARD YACHTING is estimated at 4 140 € (range 2 062€ - 7 895€). The price/revenue ratio is 0.32x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2023
50 tx
2k€ 4k€ 7k€
4 140 € Range: 2 062€ - 7 895€
NAF 5 all-time

Valuation method used

Revenue Multiple
12 990 € × 0.32x = 4 141 €
Range: 2 063€ - 7 895€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 50 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 (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)

Compare ON BOARD YACHTING with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Frequently asked questions about ON BOARD YACHTING

What is the revenue of ON BOARD YACHTING ?

The revenue of ON BOARD YACHTING in 2023 is 13 k€.

Is ON BOARD YACHTING profitable?

ON BOARD YACHTING recorded a net loss in 2023.

Where is the headquarters of ON BOARD YACHTING ?

The headquarters of ON BOARD YACHTING is located in ANTIBES (06160), in the department Alpes-Maritimes.

Where to find the tax return of ON BOARD YACHTING ?

The tax return of ON BOARD YACHTING 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 ON BOARD YACHTING operate?

ON BOARD YACHTING operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.