SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN : revenue, balance sheet and financial ratios

SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN is a French company founded 12 years ago, specialized in the sector Transformation et conservation de poisson, de crustacés et de mollusques. Based in LA POSSESSION (97419), this company of category PME shows in 2023 a revenue of 15.0 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 - SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN (SIREN 797876406)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 14 987 966 € 15 093 373 € 13 715 973 € 13 023 185 € 13 906 224 € 12 935 269 € 11 393 162 € 10 909 433 €
Net income 2 122 € -250 637 € 141 € 392 285 € -41 893 € 99 148 € 39 285 € 118 519 €
EBITDA 124 990 € -244 764 € 90 782 € 470 036 € 73 016 € 183 078 € 71 275 € 93 253 €
Net margin 0.0% -1.7% 0.0% 3.0% -0.3% 0.8% 0.3% 1.1%

Revenue and income statement

In 2023, SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN achieves revenue of 15.0 M€. Revenue is growing positively over 8 years (CAGR: +4.6%). Slight decline of -1% vs 2022. After deducting consumption (12.0 M€), gross margin stands at 3.0 M€, i.e. a rate of 20%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 125 k€, representing 0.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

14 987 966 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 955 847 €

EBITDA (2023) ?
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

124 990 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

412 €

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

2 122 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

73.511%

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

14.197%

Cash flow / Revenue (2023) ?
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

0.41%

Repayment capacity (2023) ?
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

13.576

Asset age ratio (2023) ?
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

34.6%

Solvency indicators evolution
SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN

Sector positioning

Debt ratio
73.51 2023
2021
2022
2023
Q1: 3.38
Med: 38.29
Q3: 109.05
Average +9 pts over 3 years

In 2023, the debt ratio of SURGELES OUTREMER. PRODUC... (73.51) 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
14.2% 2023
2021
2022
2023
Q1: 13.44%
Med: 37.19%
Q3: 57.62%
Average

In 2023, the financial autonomy of SURGELES OUTREMER. PRODUC... (14.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
13.58 years 2023
2021
2022
2023
Q1: -0.19 years
Med: 0.64 years
Q3: 4.22 years
Watch -8 pts over 3 years

In 2023, the repayment capacity of SURGELES OUTREMER. PRODUC... (13.58) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 125.83. 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 11.5x. Operating income very largely covers interest expenses: high safety margin.

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

125.831

Interest coverage (2023) ?
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

11.531

Liquidity indicators evolution
SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN

Sector positioning

Liquidity ratio
125.83 2023
2021
2022
2023
Q1: 124.12
Med: 188.33
Q3: 299.52
Average

In 2023, the liquidity ratio of SURGELES OUTREMER. PRODUC... (125.83) 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
11.53x 2023
2021
2022
2023
Q1: -0.43x
Med: 0.63x
Q3: 14.03x
Good

In 2023, the interest coverage of SURGELES OUTREMER. PRODUC... (11.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 121 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 85 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 143 days of revenue, i.e. 5.9 M€ to permanently finance. Over 2016-2023, WCR increased by +88%, requiring additional financing.

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

5 945 426 €

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

77 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

121 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

85 j

WCR in days of revenue (2023) ?
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

143 j

WCR and payment terms evolution
SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN

Positioning of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN in its sector

Comparison with sector Transformation et conservation de poisson, de crustacés et de mollusques

Valuation estimate

Based on 171 transactions of similar company sales in 2023, the value of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN is estimated at 2 620 872 € (range 1 351 520€ - 3 944 851€). With an EBITDA of 124 990€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.50x (in line with sector norms). 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 2023
171 transactions
1351k€ 2620k€ 3944k€
2 620 872 € Range: 1 351 520€ - 3 944 851€
Section année 2023 Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
124 990 € × 5.6x
Estimation 694 946 €
217 299€ - 1 391 958€
Revenue Multiple 30%
14 987 966 € × 0.50x
Estimation 7 568 278 €
4 140 498€ - 10 810 670€
Net Income Multiple 20%
2 122 € × 6.9x
Estimation 14 579 €
3 610€ - 28 360€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 171 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 (Transformation et conservation de poisson, de crustacés et de mollusques)

Compare SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de poisson, de crustacés et de mollusques

Frequently asked questions about SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN

What is the revenue of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN ?

The revenue of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN in 2023 is 15.0 M€.

Is SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN profitable?

Yes, SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN generated a net profit of 2 k€ in 2023.

Where is the headquarters of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN ?

The headquarters of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN is located in LA POSSESSION (97419), in the department La Reunion.

Where to find the tax return of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN ?

The tax return of SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN 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 SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN operate?

SURGELES OUTREMER. PRODUCTION ET MARCHANDISES ALIMENTAIRES OCEAN INDIEN operates in the sector Transformation et conservation de poisson, de crustacés et de mollusques (NAF code 10.20Z). See the 'Sector positioning' section above to compare the company with its competitors.