TSR DEVELOPPEMENT OCEAN INDIEN SAS : revenue, balance sheet and financial ratios

TSR DEVELOPPEMENT OCEAN INDIEN SAS is a French company founded 36 years ago, specialized in the sector Activités liées aux systèmes de sécurité . Based in LE PORT (97420), this company of category PME shows in 2019 a revenue of 984 k€. 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 - TSR DEVELOPPEMENT OCEAN INDIEN SAS (SIREN 353894140)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 984 491 € 854 247 € 1 038 816 € 1 064 058 €
Net income 120 732 € 29 754 € 137 432 € 176 917 € 309 780 € 233 851 € 30 840 € 61 125 €
EBITDA N/C N/C N/C N/C 385 095 € 246 894 € 304 685 € 148 523 €
Net margin N/C N/C N/C N/C 31.5% 27.4% 3.0% 5.7%

Revenue and income statement

In 2024, TSR DEVELOPPEMENT OCEAN INDIEN SAS generates positive net income of 121 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 61 k€ -> 121 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

120 732 €

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 50%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

50.479%

Financial autonomy (2024) ?
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

32.577%

Asset age ratio (2024) ?
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

31.4%

Solvency indicators evolution
TSR DEVELOPPEMENT OCEAN INDIEN SAS

Sector positioning

Debt ratio
50.48 2024
2022
2023
2024
Q1: 0.0
Med: 11.1
Q3: 48.48
Average +6 pts over 3 years

In 2024, the debt ratio of TSR DEVELOPPEMENT OCEAN I... (50.48) 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
32.58% 2024
2022
2023
2024
Q1: 10.44%
Med: 30.04%
Q3: 53.5%
Good

In 2024, the financial autonomy of TSR DEVELOPPEMENT OCEAN I... (32.6%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 182.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

182.636

Liquidity indicators evolution
TSR DEVELOPPEMENT OCEAN INDIEN SAS

Sector positioning

Liquidity ratio
182.64 2024
2022
2023
2024
Q1: 126.82
Med: 184.2
Q3: 276.91
Average

In 2024, the liquidity ratio of TSR DEVELOPPEMENT OCEAN I... (182.64) 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.

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 (2024) ?
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 (2024) ?
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 (2024) ?
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 (2024) ?
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
TSR DEVELOPPEMENT OCEAN INDIEN SAS

Positioning of TSR DEVELOPPEMENT OCEAN INDIEN SAS in its sector

Comparison with sector Activités liées aux systèmes de sécurité

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (21 transactions). This range of 25 870€ to 396 548€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
25k€ 63k€ 396k€
63 050 € Range: 25 870€ - 396 548€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 21 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 (Activités liées aux systèmes de sécurité )

Compare TSR DEVELOPPEMENT OCEAN INDIEN SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Activités liées aux systèmes de sécurité

Frequently asked questions about TSR DEVELOPPEMENT OCEAN INDIEN SAS

What is the revenue of TSR DEVELOPPEMENT OCEAN INDIEN SAS ?

The revenue of TSR DEVELOPPEMENT OCEAN INDIEN SAS in 2019 is 984 k€.

Is TSR DEVELOPPEMENT OCEAN INDIEN SAS profitable?

Yes, TSR DEVELOPPEMENT OCEAN INDIEN SAS generated a net profit of 121 k€ in 2024.

Where is the headquarters of TSR DEVELOPPEMENT OCEAN INDIEN SAS ?

The headquarters of TSR DEVELOPPEMENT OCEAN INDIEN SAS is located in LE PORT (97420), in the department La Reunion.

Where to find the tax return of TSR DEVELOPPEMENT OCEAN INDIEN SAS ?

The tax return of TSR DEVELOPPEMENT OCEAN INDIEN SAS 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 TSR DEVELOPPEMENT OCEAN INDIEN SAS operate?

TSR DEVELOPPEMENT OCEAN INDIEN SAS operates in the sector Activités liées aux systèmes de sécurité (NAF code 80.20Z). See the 'Sector positioning' section above to compare the company with its competitors.