SOCIETE DE MANUTENTION DE L'OCEAN : revenue, balance sheet and financial ratios

SOCIETE DE MANUTENTION DE L'OCEAN is a French company founded 47 years ago, specialized in the sector Manutention portuaire. Based in MONTOIR-DE-BRETAGNE (44550), this company of category PME shows in 2024 a revenue of 6.9 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 - SOCIETE DE MANUTENTION DE L'OCEAN (SIREN 315387530)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 896 861 € 7 498 084 € 5 145 023 € 4 456 116 € 4 198 397 € 4 906 010 € 4 737 363 € 4 522 227 € 3 799 708 €
Net income 256 213 € 848 346 € -63 710 € -350 150 € 16 112 € 178 644 € 279 016 € 308 049 € 219 587 €
EBITDA 339 164 € 1 037 043 € -57 530 € -367 933 € -11 421 € 259 075 € 365 514 € 440 685 € 199 244 €
Net margin 3.7% 11.3% -1.2% -7.9% 0.4% 3.6% 5.9% 6.8% 5.8%

Revenue and income statement

In 2024, SOCIETE DE MANUTENTION DE L'OCEAN achieves revenue of 6.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.7%. Slight decline of -8% vs 2023. After deducting consumption (-1 k€), gross margin stands at 6.9 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 339 k€, representing 4.9% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -67%, reducing margin by 8.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 256 k€, i.e. 3.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 896 861 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 898 066 €

EBITDA (2024) ?
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

339 164 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

268 943 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

256 213 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.9%

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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 6%. 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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

6.327%

Financial autonomy (2024) ?
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

38.845%

Cash flow / Revenue (2024) ?
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

4.912%

Repayment capacity (2024) ?
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

0.177

Asset age ratio (2024) ?
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

8.7%

Solvency indicators evolution
SOCIETE DE MANUTENTION DE L'OCEAN

Sector positioning

Debt ratio
6.33 2024
2022
2023
2024
Q1: 0.0
Med: 0.12
Q3: 32.9
Average

In 2024, the debt ratio of SOCIETE DE MANUTENTION DE... (6.33) 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
38.84% 2024
2022
2023
2024
Q1: 2.46%
Med: 31.11%
Q3: 53.2%
Good +11 pts over 3 years

In 2024, the financial autonomy of SOCIETE DE MANUTENTION DE... (38.8%) 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
0.18 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.32 years
Average +28 pts over 3 years

In 2024, the repayment capacity of SOCIETE DE MANUTENTION DE... (0.18) 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 170.06. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

170.062

Interest coverage (2024) ?
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

0.115

Liquidity indicators evolution
SOCIETE DE MANUTENTION DE L'OCEAN

Sector positioning

Liquidity ratio
170.06 2024
2022
2023
2024
Q1: 100.02
Med: 150.5
Q3: 213.08
Good +24 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DE MANUTENTION DE... (170.06) 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
0.12x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.28x
Q3: 7.42x
Average +11 pts over 3 years

In 2024, the interest coverage of SOCIETE DE MANUTENTION DE... (0.1x) 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Overall, WCR represents 67 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2016-2024, WCR increased by +276%, requiring additional financing.

Operating WCR (2024) ?
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

1 285 713 €

Customer credit (2024) ?
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

50 j

Supplier credit (2024) ?
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

62 j

Inventory turnover (2024) ?
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 (2024) ?
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

67 j

WCR and payment terms evolution
SOCIETE DE MANUTENTION DE L'OCEAN

Positioning of SOCIETE DE MANUTENTION DE L'OCEAN in its sector

Comparison with sector Manutention portuaire

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of SOCIETE DE MANUTENTION DE L'OCEAN is estimated at 506 523 € (range 268 856€ - 1 460 123€). With an EBITDA of 339 164€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2024
205 transactions
268k€ 506k€ 1460k€
506 523 € Range: 268 856€ - 1 460 123€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
339 164 € × 0.9x
Estimation 314 207 €
110 979€ - 723 752€
Revenue Multiple 30%
6 896 861 € × 0.15x
Estimation 1 032 669 €
662 630€ - 3 218 568€
Net Income Multiple 20%
256 213 € × 0.8x
Estimation 198 097 €
72 887€ - 663 385€
How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Manutention portuaire)

Compare SOCIETE DE MANUTENTION DE L'OCEAN with other companies in the same sector:

Voir toutes les statistiques du secteur Manutention portuaire

Frequently asked questions about SOCIETE DE MANUTENTION DE L'OCEAN

What is the revenue of SOCIETE DE MANUTENTION DE L'OCEAN ?

The revenue of SOCIETE DE MANUTENTION DE L'OCEAN in 2024 is 6.9 M€.

Is SOCIETE DE MANUTENTION DE L'OCEAN profitable?

Yes, SOCIETE DE MANUTENTION DE L'OCEAN generated a net profit of 256 k€ in 2024.

Where is the headquarters of SOCIETE DE MANUTENTION DE L'OCEAN ?

The headquarters of SOCIETE DE MANUTENTION DE L'OCEAN is located in MONTOIR-DE-BRETAGNE (44550), in the department Loire-Atlantique.

Where to find the tax return of SOCIETE DE MANUTENTION DE L'OCEAN ?

The tax return of SOCIETE DE MANUTENTION DE L'OCEAN 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 SOCIETE DE MANUTENTION DE L'OCEAN operate?

SOCIETE DE MANUTENTION DE L'OCEAN operates in the sector Manutention portuaire (NAF code 52.24A). See the 'Sector positioning' section above to compare the company with its competitors.