SIREN : 884698242
BW OFFSHORE FRANCE is a French company founded 5 years ago, specialized in the sector Crédit-bail . Based in LA CIOTAT (13600), this company of category PME shows in 2024 a revenue of 64.7 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 | 2024 | 2023 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 64 742 692 € | 50 734 066 € | 34 811 001 € | 27 577 295 € |
| Net income | 1 669 125 € | 1 285 829 € | 600 019 € | 533 272 € |
| EBITDA | 2 609 269 € | 2 185 125 € | 795 947 € | 820 530 € |
| Net margin | 2.6% | 2.5% | 1.7% | 1.9% |
In 2024, BW OFFSHORE FRANCE achieves revenue of 64.7 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +23.8%. Vs 2023, growth of +28% (50.7 M€ -> 64.7 M€). After deducting consumption (0 €), gross margin stands at 64.7 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 2.6 M€, representing 4.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.7 M€, i.e. 2.6% of revenue. This profit can be retained or distributed to shareholders.
64 742 692 €
64 742 692 €
2 609 269 €
2 753 828 €
1 669 125 €
4.0%
The debt ratio (= Financial debt / Equity x 100) stands at 60%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
59.578%
29.224%
2.578%
3.055
In 2024, the debt ratio of BW OFFSHORE FRANCE (59.58) 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 2024, the financial autonomy of BW OFFSHORE FRANCE (29.2%) 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.
In 2024, the repayment capacity of BW OFFSHORE FRANCE (3.06) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 152.91. 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 15.6x. Operating income very largely covers interest expenses: high safety margin.
152.912
15.637
In 2024, the liquidity ratio of BW OFFSHORE FRANCE (152.91) 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 2024, the interest coverage of BW OFFSHORE FRANCE (15.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. The company must finance 21 days of gap between collections and payments. Overall, WCR represents 130 days of revenue, i.e. 23.4 M€ to permanently finance. Over 2020-2024, WCR increased by +76%, requiring additional financing.
23 425 201 €
78 j
57 j
0 j
130 j
Based on 142 transactions of similar company sales (all years), the value of BW OFFSHORE FRANCE is estimated at 14 494 383 € (range 2 618 104€ - 28 776 533€). With an EBITDA of 2 609 269€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.40x (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 142 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 BW OFFSHORE FRANCE with other companies in the same sector:
The revenue of BW OFFSHORE FRANCE in 2024 is 64.7 M€.
Yes, BW OFFSHORE FRANCE generated a net profit of 1.7 M€ in 2024.
The headquarters of BW OFFSHORE FRANCE is located in LA CIOTAT (13600), in the department Bouches-du-Rhone.
The tax return of BW OFFSHORE FRANCE 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).
BW OFFSHORE FRANCE operates in the sector Crédit-bail (NAF code 64.91Z). See the 'Sector positioning' section above to compare the company with its competitors.