SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) : revenue, balance sheet and financial ratios

SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) is a French company founded 17 years ago, specialized in the sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a. . Based in SETE (34200), this company of category PME shows in 2022 a revenue of 13.7 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 - SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) (SIREN 508271681)
Indicator 2022 2020 2019 2018 2017 2016
Revenue 13 663 311 € 7 989 897 € 4 217 228 € 3 065 673 € 2 501 541 € 3 066 046 €
Net income -2 753 096 € -290 325 € -145 237 € -697 985 € -34 414 € 46 192 €
EBITDA -1 383 500 € -2 375 349 € -3 462 382 € -651 700 € -1 096 591 € 126 824 €
Net margin -20.1% -3.6% -3.4% -22.8% -1.4% 1.5%

Revenue and income statement

In 2022, SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) achieves revenue of 13.7 M€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +28.3%. Vs 2020, growth of +71% (8.0 M€ -> 13.7 M€). After deducting consumption (67 k€), gross margin stands at 13.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.4 M€, representing -10.1% of revenue. Positive scissor effect: EBITDA margin improves by +19.6 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.8 M€ (-20.1% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

13 663 311 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

13 596 163 €

EBITDA (2022) ?
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

-1 383 500 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 725 459 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 753 096 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-10.1%

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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 -269%. 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 -26%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-268.963%

Financial autonomy (2022) ?
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

-25.921%

Cash flow / Revenue (2022) ?
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

-18.193%

Repayment capacity (2022) ?
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

-5.06

Asset age ratio (2022) ?
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

21.1%

Solvency indicators evolution
SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV)

Sector positioning

Debt ratio
-268.96 2022
2019
2020
2022
Q1: -154.65
Med: 0.0
Q3: 23.02
Excellent

In 2022, the debt ratio of SARL SEAROV OFFSHORE (SOC... (-268.96) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-25.92% 2022
2019
2020
2022
Q1: -45.46%
Med: 31.89%
Q3: 90.58%
Average +6 pts over 3 years

In 2022, the financial autonomy of SARL SEAROV OFFSHORE (SOC... (-25.9%) 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
-5.06 years 2022
2019
2020
2022
Q1: 0.0 years
Med: 0.55 years
Q3: 2.29 years
Excellent

In 2022, the repayment capacity of SARL SEAROV OFFSHORE (SOC... (-5.06) 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 170.59. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

170.588

Interest coverage (2022) ?
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

-66.197

Liquidity indicators evolution
SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV)

Sector positioning

Liquidity ratio
170.59 2022
2019
2020
2022
Q1: 2.45
Med: 53.58
Q3: 212.59
Good +8 pts over 3 years

In 2022, the liquidity ratio of SARL SEAROV OFFSHORE (SOC... (170.59) 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
-66.2x 2022
2019
2020
2022
Q1: 0.0x
Med: 0.37x
Q3: 3.65x
Watch

In 2022, the interest coverage of SARL SEAROV OFFSHORE (SOC... (-66.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 330 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 168 days. The gap of 162 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 328 days of revenue, i.e. 12.5 M€ to permanently finance. Over 2016-2022, WCR increased by +1501%, requiring additional financing.

Operating WCR (2022) ?
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

12 455 064 €

Customer credit (2022) ?
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

330 j

Supplier credit (2022) ?
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

168 j

Inventory turnover (2022) ?
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

3 j

WCR in days of revenue (2022) ?
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

328 j

WCR and payment terms evolution
SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV)

Positioning of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) in its sector

Comparison with sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a.

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 7 426 515€ to 11 137 005€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
7426k€ 7426k€ 11137k€
7 426 515 € Range: 7 426 515€ - 11 137 005€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 et location-bail d'autres machines, équipements et biens matériels n.c.a. )

Compare SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'autres machines, équipements et biens matériels n.c.a.

Frequently asked questions about SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV)

What is the revenue of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) ?

The revenue of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) in 2022 is 13.7 M€.

Is SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) profitable?

SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) recorded a net loss in 2022.

Where is the headquarters of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) ?

The headquarters of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) is located in SETE (34200), in the department Herault.

Where to find the tax return of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) ?

The tax return of SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) 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 SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) operate?

SARL SEAROV OFFSHORE (SOCIETE D'EXPERTISE ET D'ASSISTANCE PAR ROV) operates in the sector Location et location-bail d'autres machines, équipements et biens matériels n.c.a. (NAF code 77.39Z). See the 'Sector positioning' section above to compare the company with its competitors.