SIREN : 802862953
CIWAN is a French company founded 11 years ago, specialized in the sector Restauration traditionnelle. Based in PARIS (75010), this company of category PME shows in 2023 a revenue of 1.1 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 139 216 € | 1 217 577 € | 675 024 € | 574 594 € | 1 008 652 € | 895 516 € | 851 042 € | 653 293 € |
| Net income | 3 103 € | 51 733 € | -10 917 € | 24 649 € | 28 433 € | 63 688 € | 68 459 € | 75 783 € |
| EBITDA | 28 390 € | 52 862 € | -31 393 € | 11 227 € | 64 185 € | 107 381 € | 101 189 € | 112 907 € |
| Net margin | 0.3% | 4.2% | -1.6% | 4.3% | 2.8% | 7.1% | 8.0% | 11.6% |
In 2023, CIWAN achieves revenue of 1.1 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.3%. Slight decline of -6% vs 2022. After deducting consumption (380 k€), gross margin stands at 759 k€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 2.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.
1 139 216 €
759 072 €
28 390 €
27 289 €
3 103 €
2.5%
The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
38.188%
19.979%
2.425%
3.438
27.0%
In 2023, the debt ratio of CIWAN (38.19) 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 CIWAN (20.0%) 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 CIWAN (3.44) 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 130.37. 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 14.0x. Operating income very largely covers interest expenses: high safety margin.
130.372
14.037
In 2023, the liquidity ratio of CIWAN (130.37) 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 CIWAN (14.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Excellent situation: suppliers finance 54 days of the operating cycle (retail model). Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-9 days): operations structurally generate cash. Over 2016-2023, WCR increased by +90%, requiring additional financing.
-27 842 €
0 j
54 j
10 j
-9 j
Based on 689 transactions of similar company sales in 2023, the value of CIWAN is estimated at 318 023 € (range 182 031€ - 514 859€). With an EBITDA of 28 390€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (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.
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This estimate is based on the analysis of 689 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 CIWAN with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration traditionnelle
The revenue of CIWAN in 2023 is 1.1 M€.
Yes, CIWAN generated a net profit of 3 k€ in 2023.
The headquarters of CIWAN is located in PARIS (75010), in the department Paris.
The tax return of CIWAN 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).
CIWAN operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.