TECHNIC SOLS OCEAN INDIEN : revenue, balance sheet and financial ratios

TECHNIC SOLS OCEAN INDIEN is a French company founded 23 years ago, specialized in the sector Travaux de revêtement des sols et des murs. Based in SAINT-DENIS (97490), this company of category PME shows in 2023 a revenue of 2.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - TECHNIC SOLS OCEAN INDIEN (SIREN 445353691)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 633 672 € 2 701 168 € 2 300 524 € 1 811 987 € 2 587 294 € 1 614 580 € 1 841 280 € 2 763 244 €
Net income 541 003 € 224 629 € 298 316 € 210 982 € 279 795 € 173 466 € 206 069 € 60 675 €
EBITDA 647 540 € 339 276 € 372 139 € 228 153 € 347 365 € 215 739 € 216 026 € 99 198 €
Net margin 20.5% 8.3% 13.0% 11.6% 10.8% 10.7% 11.2% 2.2%

Revenue and income statement

In 2023, TECHNIC SOLS OCEAN INDIEN achieves revenue of 2.6 M€. Activity remains stable over the period (CAGR: -0.7%). Slight decline of -2% vs 2022. After deducting consumption (1.2 M€), gross margin stands at 1.5 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 648 k€, representing 24.6% of revenue. Positive scissor effect: EBITDA margin improves by +12.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 541 k€, i.e. 20.5% 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

2 633 672 €

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

1 473 363 €

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

647 540 €

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

596 508 €

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

541 003 €

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

24.6%

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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 10%. 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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

10.446%

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

39.365%

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

20.929%

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

0.194

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

30.4%

Solvency indicators evolution
TECHNIC SOLS OCEAN INDIEN

Sector positioning

Debt ratio
10.45 2023
2021
2022
2023
Q1: 0.66
Med: 17.46
Q3: 55.38
Good -6 pts over 3 years

In 2023, the debt ratio of TECHNIC SOLS OCEAN INDIEN (10.45) 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
39.37% 2023
2021
2022
2023
Q1: 10.2%
Med: 32.25%
Q3: 51.5%
Good +8 pts over 3 years

In 2023, the financial autonomy of TECHNIC SOLS OCEAN INDIEN (39.4%) 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
0.19 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.06 years
Q3: 1.27 years
Average

In 2023, the repayment capacity of TECHNIC SOLS OCEAN INDIEN (0.19) 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 166.17. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

166.169

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

0.772

Liquidity indicators evolution
TECHNIC SOLS OCEAN INDIEN

Sector positioning

Liquidity ratio
166.17 2023
2021
2022
2023
Q1: 144.26
Med: 202.26
Q3: 294.32
Average +7 pts over 3 years

In 2023, the liquidity ratio of TECHNIC SOLS OCEAN INDIEN (166.17) 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
0.77x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 2.32x
Good

In 2023, the interest coverage of TECHNIC SOLS OCEAN INDIEN (0.8x) 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: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 120 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 57 days of revenue, i.e. 418 k€ to permanently finance.

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

417 674 €

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

68 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

87 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

120 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

57 j

WCR and payment terms evolution
TECHNIC SOLS OCEAN INDIEN

Positioning of TECHNIC SOLS OCEAN INDIEN in its sector

Comparison with sector Travaux de revêtement des sols et des murs

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 546 695€ to 1 680 485€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
546k€ 899k€ 1680k€
899 155 € Range: 546 695€ - 1 680 485€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 (Travaux de revêtement des sols et des murs)

Compare TECHNIC SOLS OCEAN INDIEN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de revêtement des sols et des murs

Frequently asked questions about TECHNIC SOLS OCEAN INDIEN

What is the revenue of TECHNIC SOLS OCEAN INDIEN ?

The revenue of TECHNIC SOLS OCEAN INDIEN in 2023 is 2.6 M€.

Is TECHNIC SOLS OCEAN INDIEN profitable?

Yes, TECHNIC SOLS OCEAN INDIEN generated a net profit of 541 k€ in 2023.

Where is the headquarters of TECHNIC SOLS OCEAN INDIEN ?

The headquarters of TECHNIC SOLS OCEAN INDIEN is located in SAINT-DENIS (97490), in the department La Reunion.

Where to find the tax return of TECHNIC SOLS OCEAN INDIEN ?

The tax return of TECHNIC SOLS 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 TECHNIC SOLS OCEAN INDIEN operate?

TECHNIC SOLS OCEAN INDIEN operates in the sector Travaux de revêtement des sols et des murs (NAF code 43.33Z). See the 'Sector positioning' section above to compare the company with its competitors.