SIREN : 395337777
EQUATION DARWIN CONCEPT is a French company founded 31 years ago, specialized in the sector Ingénierie, études techniques. Based in SAINT-DENIS (97490), this company of category PME shows in 2023 a revenue of 944 k€. 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 |
|---|---|---|---|---|---|---|
| Revenue | 943 644 € | 642 098 € | 555 835 € | 473 603 € | 667 356 € | 1 194 044 € |
| Net income | 238 338 € | 53 561 € | 24 296 € | 2 467 € | 92 888 € | 27 737 € |
| EBITDA | 307 217 € | 75 661 € | 55 877 € | -7 090 € | 108 005 € | 42 609 € |
| Net margin | 25.3% | 8.3% | 4.4% | 0.5% | 13.9% | 2.3% |
In 2023, EQUATION DARWIN CONCEPT achieves revenue of 944 k€. Activity remains stable over the period (CAGR: -4.6%). Vs 2022, growth of +47% (642 k€ -> 944 k€). After deducting consumption (0 €), gross margin stands at 944 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 307 k€, representing 32.6% of revenue. Positive scissor effect: EBITDA margin improves by +20.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 238 k€, i.e. 25.3% of revenue. This profit can be retained or distributed to shareholders.
943 644 €
943 644 €
307 217 €
315 632 €
238 338 €
32.5%
The debt ratio (= Financial debt / Equity x 100) stands at 37%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
36.807%
38.029%
23.611%
0.459
12.6%
In 2023, the debt ratio of EQUATION DARWIN CONCEPT (36.81) 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 EQUATION DARWIN CONCEPT (38.0%) 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.
In 2023, the repayment capacity of EQUATION DARWIN CONCEPT (0.46) 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 218.27. 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 3.5x. Financial charges are adequately covered by operations.
218.271
3.54
In 2023, the liquidity ratio of EQUATION DARWIN CONCEPT (218.27) 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 EQUATION DARWIN CONCEPT (3.5x) 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 106 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 21 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 8 days of revenue, i.e. 20 k€ to permanently finance. Notable WCR improvement over the period (-92%), freeing up cash.
20 081 €
80 j
106 j
21 j
8 j
Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 165 979€ to 570 239€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 47 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 EQUATION DARWIN CONCEPT with other companies in the same sector:
Voir toutes les statistiques du secteur Ingénierie, études techniques
The revenue of EQUATION DARWIN CONCEPT in 2023 is 944 k€.
Yes, EQUATION DARWIN CONCEPT generated a net profit of 238 k€ in 2023.
The headquarters of EQUATION DARWIN CONCEPT is located in SAINT-DENIS (97490), in the department La Reunion.
The tax return of EQUATION DARWIN CONCEPT 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).
EQUATION DARWIN CONCEPT operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.