SURF SPORT : revenue, balance sheet and financial ratios

SURF SPORT is a French company founded 26 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in LES ANGLES (30133), this company of category PME shows in 2018 a revenue of 2.6 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 - SURF SPORT (SIREN 423629237)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C N/C 2 560 010 € 2 176 138 € 2 396 731 €
Net income -203 540 € -173 098 € -86 443 € -27 078 € 738 109 € 45 702 € 359 812 € -58 387 €
EBITDA N/C N/C N/C N/C N/C 80 171 € 219 770 € -22 061 €
Net margin N/C N/C N/C N/C N/C 1.8% 16.5% -2.4%

Revenue and income statement

In 2023, SURF SPORT records a net loss of 204 k€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-203 540 €

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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 2%. 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 86%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.522%

Financial autonomy (2023) ?
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

85.93%

Solvency indicators evolution
SURF SPORT

Sector positioning

Debt ratio
1.52 2023
2021
2022
2023
Q1: 0.91
Med: 28.68
Q3: 98.31
Good -16 pts over 3 years

In 2023, the debt ratio of SURF SPORT (1.52) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
85.93% 2023
2021
2022
2023
Q1: 9.6%
Med: 33.69%
Q3: 59.33%
Excellent

In 2023, the financial autonomy of SURF SPORT (85.9%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 353.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

353.251

Liquidity indicators evolution
SURF SPORT

Sector positioning

Liquidity ratio
353.25 2023
2021
2022
2023
Q1: 120.54
Med: 210.8
Q3: 390.94
Good

In 2023, the liquidity ratio of SURF SPORT (353.25) 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.

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 (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
SURF SPORT

Positioning of SURF SPORT in its sector

Comparison with sector Commerce de détail d'habillement en magasin spécialisé

Similar companies (Commerce de détail d'habillement en magasin spécialisé)

Compare SURF SPORT with other companies in the same sector:

Frequently asked questions about SURF SPORT

What is the revenue of SURF SPORT ?

The revenue of SURF SPORT in 2018 is 2.6 M€.

Is SURF SPORT profitable?

SURF SPORT recorded a net loss in 2023.

Where is the headquarters of SURF SPORT ?

The headquarters of SURF SPORT is located in LES ANGLES (30133), in the department Gard.

Where to find the tax return of SURF SPORT ?

The tax return of SURF SPORT 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 SURF SPORT operate?

SURF SPORT operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.