SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD : revenue, balance sheet and financial ratios

SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD is a French company founded 34 years ago, specialized in the sector Réparation et maintenance navale. Based in GRIMAUD (83310), this company of category PME shows in 2022 a revenue of 6.4 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 MANUTENTIONS NAVALES DE PORT GRIMAUD (SIREN 383382264)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 6 374 440 € 4 481 999 € 4 361 156 € 9 185 442 € 6 753 249 € 5 664 166 € 5 174 307 €
Net income -43 753 € 13 421 € 84 739 € -80 323 € -24 076 € 312 982 € 108 061 € 164 455 € 41 927 €
EBITDA N/C N/C 132 564 € -60 182 € -45 109 € 499 213 € 81 829 € 208 681 € 77 550 €
Net margin N/C N/C 1.3% -1.8% -0.6% 3.4% 1.6% 2.9% 0.8%

Revenue and income statement

In 2024, SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD records a net loss of 44 k€. This deficit will reduce equity on the balance sheet.

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

-43 753 €

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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 180%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

180.214%

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

12.801%

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

12.4%

Solvency indicators evolution
SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD

Sector positioning

Debt ratio
180.21 2024
2022
2023
2024
Q1: 2.02
Med: 25.41
Q3: 83.44
Watch

In 2024, the debt ratio of SOCIETE DE MANUTENTIONS N... (180.21) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
12.8% 2024
2022
2023
2024
Q1: 15.79%
Med: 35.51%
Q3: 56.77%
Watch

In 2024, the financial autonomy of SOCIETE DE MANUTENTIONS N... (12.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
5.53 years 2022
2022
Q1: 0.0 years
Med: 0.79 years
Q3: 3.28 years
Average

In 2022, the repayment capacity of SOCIETE DE MANUTENTIONS N... (5.53) 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 183.43. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

183.431

Liquidity indicators evolution
SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD

Sector positioning

Liquidity ratio
183.43 2024
2022
2023
2024
Q1: 131.09
Med: 210.02
Q3: 315.79
Average +6 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DE MANUTENTIONS N... (183.43) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
5.67x 2022
2022
Q1: 0.0x
Med: 0.82x
Q3: 4.58x
Excellent

In 2022, the interest coverage of SOCIETE DE MANUTENTIONS N... (5.7x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD

Positioning of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD in its sector

Comparison with sector Réparation et maintenance navale

Similar companies (Réparation et maintenance navale)

Compare SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation et maintenance navale

Frequently asked questions about SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD

What is the revenue of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD ?

The revenue of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD in 2022 is 6.4 M€.

Is SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD profitable?

SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD recorded a net loss in 2024.

Where is the headquarters of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD ?

The headquarters of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD is located in GRIMAUD (83310), in the department Var.

Where to find the tax return of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD ?

The tax return of SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD 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 MANUTENTIONS NAVALES DE PORT GRIMAUD operate?

SOCIETE DE MANUTENTIONS NAVALES DE PORT GRIMAUD operates in the sector Réparation et maintenance navale (NAF code 33.15Z). See the 'Sector positioning' section above to compare the company with its competitors.