CLOCKS AND WINGS : revenue, balance sheet and financial ratios

CLOCKS AND WINGS is a French company founded 8 years ago, specialized in the sector Édition de jeux électroniques. Based in LA ROCHE-SUR-YON (85000), this company of category PME shows in 2019 a revenue of 29 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 - CLOCKS AND WINGS (SIREN 832006886)
Indicator 2020 2019 2018
Revenue N/C 28 503 € 26 770 €
Net income -2 324 € -8 465 € 1 954 €
EBITDA -2 324 € -8 404 € -9 485 €
Net margin N/C -29.7% 7.3%

Revenue and income statement

In 2020, CLOCKS AND WINGS records a net loss of 2 k€. This deficit will reduce equity on the balance sheet.

EBITDA (2020) ?
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

-2 324 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-2 324 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 324 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-28.2%

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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 645%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

645.466%

Financial autonomy (2020) ?
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

35.364%

Repayment capacity (2020) ?
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

-8.821

Solvency indicators evolution
CLOCKS AND WINGS

Sector positioning

Debt ratio
645.47 2020
2018
2019
2020
Q1: 0.0
Med: 1.93
Q3: 87.2
Watch

In 2020, the debt ratio of CLOCKS AND WINGS (645.47) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
35.36% 2020
2018
2019
2020
Q1: 1.25%
Med: 36.67%
Q3: 67.13%
Average +15 pts over 3 years

In 2020, the financial autonomy of CLOCKS AND WINGS (35.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-8.82 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Excellent -62 pts over 3 years

In 2020, the repayment capacity of CLOCKS AND WINGS (-8.82) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 657 days. Excellent situation: suppliers finance 657 days of the operating cycle (retail model).

Operating WCR (2020) ?
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 (2020) ?
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 (2020) ?
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

657 j

Inventory turnover (2020) ?
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
CLOCKS AND WINGS

Positioning of CLOCKS AND WINGS in its sector

Comparison with sector Édition de jeux électroniques

Similar companies (Édition de jeux électroniques)

Compare CLOCKS AND WINGS with other companies in the same sector:

Voir toutes les statistiques du secteur Édition de jeux électroniques

Frequently asked questions about CLOCKS AND WINGS

What is the revenue of CLOCKS AND WINGS ?

The revenue of CLOCKS AND WINGS in 2019 is 29 k€.

Is CLOCKS AND WINGS profitable?

CLOCKS AND WINGS recorded a net loss in 2020.

Where is the headquarters of CLOCKS AND WINGS ?

The headquarters of CLOCKS AND WINGS is located in LA ROCHE-SUR-YON (85000), in the department Vendee.

Where to find the tax return of CLOCKS AND WINGS ?

The tax return of CLOCKS AND WINGS 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 CLOCKS AND WINGS operate?

CLOCKS AND WINGS operates in the sector Édition de jeux électroniques (NAF code 58.21Z). See the 'Sector positioning' section above to compare the company with its competitors.