STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER : revenue, balance sheet and financial ratios

STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER is a French company founded 69 years ago, specialized in the sector Services auxiliaires des transports par eau. Based in LE HAVRE (76600), this company of category PME shows in 2020 a revenue of 7.8 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 - STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER (SIREN 357500958)
Indicator 2020 2019 2018 2017 2016
Revenue 7 800 970 € 9 989 579 € 10 295 950 € 9 669 117 € 9 492 124 €
Net income 0 € 0 € 0 € 0 € 0 €
EBITDA 209 964 € 598 732 € 584 433 € 630 483 € 588 104 €
Net margin 0.0% 0.0% 0.0% 0.0% 0.0%

Revenue and income statement

In 2020, STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER achieves revenue of 7.8 M€. Activity remains stable over the period (CAGR: -4.8%). Significant drop of -22% vs 2019. After deducting consumption (117 k€), gross margin stands at 7.7 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 210 k€, representing 2.7% of revenue. Warning negative scissor effect: despite revenue change (-22%), EBITDA varies by -65%, reducing margin by 3.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at 0 € (0.0% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 800 970 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 684 381 €

EBITDA (2020) ?
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

209 964 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-75 823 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.7%

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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 13%. 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 68%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.618%

Financial autonomy (2020) ?
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

68.012%

Cash flow / Revenue (2020) ?
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

3.656%

Repayment capacity (2020) ?
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

2.075

Asset age ratio (2020) ?
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

39.5%

Solvency indicators evolution
STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER

Sector positioning

Debt ratio
12.62 2020
2018
2019
2020
Q1: 0.0
Med: 3.83
Q3: 56.19
Average

In 2020, the debt ratio of STE COOPERATIVE MARITIME ... (12.62) 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
68.01% 2020
2018
2019
2020
Q1: 3.85%
Med: 27.61%
Q3: 61.4%
Excellent

In 2020, the financial autonomy of STE COOPERATIVE MARITIME ... (68.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
2.08 years 2020
2018
2019
2020
Q1: -0.05 years
Med: 0.0 years
Q3: 1.85 years
Average

In 2020, the repayment capacity of STE COOPERATIVE MARITIME ... (2.08) 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 259.36. 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 33.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

259.36

Interest coverage (2020) ?
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

33.761

Liquidity indicators evolution
STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER

Sector positioning

Liquidity ratio
259.36 2020
2018
2019
2020
Q1: 100.96
Med: 189.65
Q3: 391.77
Good

In 2020, the liquidity ratio of STE COOPERATIVE MARITIME ... (259.36) 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
33.76x 2020
2018
2019
2020
Q1: -0.56x
Med: 0.0x
Q3: 2.56x
Excellent

In 2020, the interest coverage of STE COOPERATIVE MARITIME ... (33.8x) 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: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The company must finance 5 days of gap between collections and payments. WCR is negative (-24 days): operations structurally generate cash. Over 2016-2020, WCR increased by +51%, requiring additional financing.

Operating WCR (2020) ?
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

-527 580 €

Customer credit (2020) ?
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

31 j

Supplier credit (2020) ?
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

26 j

Inventory turnover (2020) ?
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 (2020) ?
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

-24 j

WCR and payment terms evolution
STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER

Positioning of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER 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 STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER is estimated at 559 586 € (range 323 999€ - 1 645 213€). With an EBITDA of 209 964€, 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 2020
205 transactions
323k€ 559k€ 1645k€
559 586 € Range: 323 999€ - 1 645 213€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
209 964 € × 0.9x
Estimation 194 514 €
68 703€ - 448 048€
Revenue Multiple 30%
7 800 970 € × 0.15x
Estimation 1 168 042 €
749 494€ - 3 640 490€
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 STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER with other companies in the same sector:

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

Frequently asked questions about STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER

What is the revenue of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER ?

The revenue of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER in 2020 is 7.8 M€.

Is STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER profitable?

Profitability information is not publicly available.

Where is the headquarters of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER ?

The headquarters of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER is located in LE HAVRE (76600), in the department Seine-Maritime.

Where to find the tax return of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER ?

The tax return of STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER 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 STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER operate?

STE COOPERATIVE MARITIME DE LAMANAGE DES PORTS DU HAVRE ET ANTIFER 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.