SIREN : 388696676
TROPICAL EXPORT is a French company founded 33 years ago, specialized in the sector Affrètement et organisation des transports . Based in LE LAMENTIN (97232), this company of category PME shows in 2023 a revenue of 1.2 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
| Indicator | 2023 | 2022 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 1 211 677 € | 1 188 578 € | 1 101 828 € | 1 116 920 € | 1 182 536 € |
| Net income | 2 135 € | 112 127 € | 9 094 € | 7 319 € | 7 741 € |
| EBITDA | 3 578 € | 80 673 € | 50 323 € | -12 433 € | 55 577 € |
| Net margin | 0.2% | 9.4% | 0.8% | 0.7% | 0.7% |
In 2023, TROPICAL EXPORT achieves revenue of 1.2 M€. Revenue is growing positively over 5 years (CAGR: +0.5%). Vs 2022: +2%. After deducting consumption (3 k€), gross margin stands at 1.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -96%, reducing margin by 6.5 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 k€, i.e. 0.2% of revenue. This profit can be retained or distributed to shareholders.
1 211 677 €
1 208 914 €
3 578 €
1 261 €
2 135 €
0.3%
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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
50.938%
17.815%
0.544%
5.078
12.0%
In 2023, the debt ratio of TROPICAL EXPORT (50.94) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of TROPICAL EXPORT (17.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of TROPICAL EXPORT (5.08) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 127.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
127.186
0.0
In 2023, the liquidity ratio of TROPICAL EXPORT (127.19) 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.
In 2023, the interest coverage of TROPICAL EXPORT (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 100 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The gap of 50 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 54 days of revenue, i.e. 181 k€ to permanently finance. Over 2018-2023, WCR increased by +1232%, requiring additional financing.
181 146 €
100 j
50 j
1 j
54 j
Based on 167 transactions of similar company sales (all years), the value of TROPICAL EXPORT is estimated at 40 427 € (range 34 875€ - 70 857€). With an EBITDA of 3 578€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.11x (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.
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This estimate is based on the analysis of 167 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TROPICAL EXPORT with other companies in the same sector:
Voir toutes les statistiques du secteur Affrètement et organisation des transports
The revenue of TROPICAL EXPORT in 2023 is 1.2 M€.
Yes, TROPICAL EXPORT generated a net profit of 2 k€ in 2023.
The headquarters of TROPICAL EXPORT is located in LE LAMENTIN (97232), in the department Martinique.
The tax return of TROPICAL EXPORT 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).
TROPICAL EXPORT operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.