SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE : revenue, balance sheet and financial ratios

SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE is a French company founded 23 years ago, specialized in the sector Services auxiliaires des transports par eau. Based in FORT DE FRANCE (97200), this company of category PME shows in 2024 a revenue of 16.1 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 MARITIME DE REMORQUAGE ET D'ASSISTANCE (SIREN 448707323)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 16 140 657 € 13 932 880 € 10 458 538 € 6 814 447 € 5 667 834 € 6 481 494 € 5 841 243 € 5 462 684 €
Net income 2 149 326 € 434 770 € 2 387 877 € 308 147 € 557 901 € 358 283 € 653 509 € -228 758 €
EBITDA 238 664 € 1 076 787 € 401 467 € 266 204 € -264 925 € 425 670 € 856 539 € 325 060 €
Net margin 13.3% 3.1% 22.8% 4.5% 9.8% 5.5% 11.2% -4.2%

Revenue and income statement

In 2024, SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE achieves revenue of 16.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.5%. Vs 2023, growth of +16% (13.9 M€ -> 16.1 M€). After deducting consumption (2.7 M€), gross margin stands at 13.5 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 239 k€, representing 1.5% of revenue. Warning negative scissor effect: despite revenue change (+16%), EBITDA varies by -78%, reducing margin by 6.2 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 2.1 M€, i.e. 13.3% 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

16 140 657 €

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

13 461 979 €

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

238 664 €

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

-629 317 €

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

2 149 326 €

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

1.5%

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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 51%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 54%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

50.695%

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

53.528%

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

-4.296%

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

-6.527

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

70.2%

Solvency indicators evolution
SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE

Sector positioning

Debt ratio
50.7 2024
2022
2023
2024
Q1: 0.0
Med: 1.93
Q3: 50.7
Average

In 2024, the debt ratio of SOCIETE MARITIME DE REMOR... (50.70) 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
53.53% 2024
2022
2023
2024
Q1: 8.92%
Med: 34.89%
Q3: 61.04%
Good +10 pts over 3 years

In 2024, the financial autonomy of SOCIETE MARITIME DE REMOR... (53.5%) 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
-6.53 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 2.14 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of SOCIETE MARITIME DE REMOR... (-6.53) 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 242.27. 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 143.3x. Operating income very largely covers interest expenses: high safety margin.

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

242.271

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

143.281

Liquidity indicators evolution
SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE

Sector positioning

Liquidity ratio
242.27 2024
2022
2023
2024
Q1: 110.59
Med: 168.81
Q3: 296.94
Good -11 pts over 3 years

In 2024, the liquidity ratio of SOCIETE MARITIME DE REMOR... (242.27) 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
143.28x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 4.09x
Excellent +9 pts over 3 years

In 2024, the interest coverage of SOCIETE MARITIME DE REMOR... (143.3x) 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. Average customer payment term: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 79 days of revenue, i.e. 3.6 M€ to permanently finance. Over 2016-2024, WCR increased by +611%, 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

3 554 173 €

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

23 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

41 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

8 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

79 j

WCR and payment terms evolution
SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE

Positioning of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE in its sector

Comparison with sector Services auxiliaires des transports par eau

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE is estimated at 1 167 934 € (range 626 558€ - 3 627 364€). With an EBITDA of 238 664€, 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
626k€ 1167k€ 3627k€
1 167 934 € Range: 626 558€ - 3 627 364€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
238 664 € × 0.9x
Estimation 221 102 €
78 094€ - 509 292€
Revenue Multiple 30%
16 140 657 € × 0.15x
Estimation 2 416 746 €
1 550 747€ - 7 532 383€
Net Income Multiple 20%
2 149 326 € × 0.8x
Estimation 1 661 800 €
611 436€ - 5 565 019€
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 (Services auxiliaires des transports par eau)

Compare SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports par eau

Frequently asked questions about SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE

What is the revenue of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE ?

The revenue of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE in 2024 is 16.1 M€.

Is SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE profitable?

Yes, SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE generated a net profit of 2.1 M€ in 2024.

Where is the headquarters of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE ?

The headquarters of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE is located in FORT DE FRANCE (97200), in the department Martinique.

Where to find the tax return of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE ?

The tax return of SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE 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 MARITIME DE REMORQUAGE ET D'ASSISTANCE operate?

SOCIETE MARITIME DE REMORQUAGE ET D'ASSISTANCE operates in the sector Services auxiliaires des transports par eau (NAF code 52.22Z). See the 'Sector positioning' section above to compare the company with its competitors.