OUTREMER COURTAGES EN ASSURANCES : revenue, balance sheet and financial ratios

OUTREMER COURTAGES EN ASSURANCES is a French company founded 12 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in SAINT-ANDRE (97440), this company of category PME shows in 2021 a revenue of 172 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - OUTREMER COURTAGES EN ASSURANCES (SIREN 794899864)
Indicator 2021 2019 2017 2016
Revenue 171 914 € 201 920 € 192 933 € 109 730 €
Net income 23 903 € 31 697 € 57 200 € -8 039 €
EBITDA 35 165 € 49 265 € 67 894 € 18 528 €
Net margin 13.9% 15.7% 29.6% -7.3%

Revenue and income statement

In 2021, OUTREMER COURTAGES EN ASSURANCES achieves revenue of 172 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +9.4%. Significant drop of -15% vs 2019. After deducting consumption (996 €), gross margin stands at 171 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 35 k€, representing 20.5% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -29%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 13.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

171 914 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

170 918 €

EBITDA (2021) ?
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

35 165 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

33 934 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

23 903 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

20.1%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

41.757%

Financial autonomy (2021) ?
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

24.568%

Cash flow / Revenue (2021) ?
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

14.62%

Repayment capacity (2021) ?
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

1.708

Asset age ratio (2021) ?
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

20.5%

Solvency indicators evolution
OUTREMER COURTAGES EN ASSURANCES

Sector positioning

Debt ratio
41.76 2021
2017
2019
2021
Q1: 0.06
Med: 13.41
Q3: 70.61
Average +37 pts over 3 years

In 2021, the debt ratio of OUTREMER COURTAGES EN ASS... (41.76) 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
24.57% 2021
2017
2019
2021
Q1: 17.04%
Med: 46.52%
Q3: 72.42%
Average -44 pts over 3 years

In 2021, the financial autonomy of OUTREMER COURTAGES EN ASS... (24.6%) 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
1.71 years 2021
2017
2019
2021
Q1: 0.0 years
Med: 0.16 years
Q3: 2.52 years
Average +40 pts over 3 years

In 2021, the repayment capacity of OUTREMER COURTAGES EN ASS... (1.71) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 650.84. 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 16.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

650.837

Interest coverage (2021) ?
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

16.485

Liquidity indicators evolution
OUTREMER COURTAGES EN ASSURANCES

Sector positioning

Liquidity ratio
650.84 2021
2017
2019
2021
Q1: 120.97
Med: 222.61
Q3: 474.51
Excellent +66 pts over 3 years

In 2021, the liquidity ratio of OUTREMER COURTAGES EN ASS... (650.84) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
16.48x 2021
2017
2019
2021
Q1: 0.0x
Med: 0.0x
Q3: 1.54x
Excellent

In 2021, the interest coverage of OUTREMER COURTAGES EN ASS... (16.5x) 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. Overall, WCR represents 271 days of revenue, i.e. 129 k€ to permanently finance. Over 2016-2021, WCR increased by +189%, requiring additional financing.

Operating WCR (2021) ?
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

129 396 €

Customer credit (2021) ?
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 (2021) ?
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 (2021) ?
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 (2021) ?
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

271 j

WCR and payment terms evolution
OUTREMER COURTAGES EN ASSURANCES

Positioning of OUTREMER COURTAGES EN ASSURANCES in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (44 transactions). This range of 29 182€ to 143 925€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
29k€ 96k€ 143k€
96 077 € Range: 29 182€ - 143 925€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 44 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 (Activités des agents et courtiers d'assurances)

Compare OUTREMER COURTAGES EN ASSURANCES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about OUTREMER COURTAGES EN ASSURANCES

What is the revenue of OUTREMER COURTAGES EN ASSURANCES ?

The revenue of OUTREMER COURTAGES EN ASSURANCES in 2021 is 172 k€.

Is OUTREMER COURTAGES EN ASSURANCES profitable?

Yes, OUTREMER COURTAGES EN ASSURANCES generated a net profit of 24 k€ in 2021.

Where is the headquarters of OUTREMER COURTAGES EN ASSURANCES ?

The headquarters of OUTREMER COURTAGES EN ASSURANCES is located in SAINT-ANDRE (97440), in the department La Reunion.

Where to find the tax return of OUTREMER COURTAGES EN ASSURANCES ?

The tax return of OUTREMER COURTAGES EN ASSURANCES 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 OUTREMER COURTAGES EN ASSURANCES operate?

OUTREMER COURTAGES EN ASSURANCES operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.