INGENIERIE SERVICES FORCE OUEST : revenue, balance sheet and financial ratios

INGENIERIE SERVICES FORCE OUEST is a French company founded 9 years ago, specialized in the sector Ingénierie, études techniques. Based in BREST (29200), this company of category PME shows in 2024 a revenue of 608 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - INGENIERIE SERVICES FORCE OUEST (SIREN 824266811)
Indicator 2024 2023 2021 2020 2019 2018
Revenue 608 414 € 1 260 268 € 801 353 € 815 656 € 221 402 € 489 640 €
Net income 57 598 € -163 631 € -207 533 € -316 261 € -287 924 € 64 350 €
EBITDA 55 553 € -54 363 € -331 462 € -200 871 € -359 065 € 121 254 €
Net margin 9.5% -13.0% -25.9% -38.8% -130.0% 13.1%

Revenue and income statement

In 2024, INGENIERIE SERVICES FORCE OUEST achieves revenue of 608 k€. Revenue is growing positively over 6 years (CAGR: +3.7%). Significant drop of -52% vs 2023. After deducting consumption (0 €), gross margin stands at 608 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 56 k€, representing 9.1% of revenue. Positive scissor effect: EBITDA margin improves by +13.4 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 58 k€, i.e. 9.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

608 414 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

608 414 €

EBITDA (2024) ?
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

55 553 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

53 331 €

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

57 598 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.8%

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Chart evolution

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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 11%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 73%. This high autonomy means the company finances most of its assets through equity, a sign of strength. 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 9.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

11.045%

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

72.814%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

9.465%

Repayment capacity (2024) ?
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

3.365

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

16.6%

Solvency indicators evolution
INGENIERIE SERVICES FORCE OUEST

Sector positioning

Debt ratio
11.04 2024
2021
2023
2024
Q1: 0.0
Med: 8.32
Q3: 42.94
Average

In 2024, the debt ratio of INGENIERIE SERVICES FORCE... (11.04) 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
72.81% 2024
2021
2023
2024
Q1: 11.42%
Med: 37.88%
Q3: 61.37%
Excellent +10 pts over 3 years

In 2024, the financial autonomy of INGENIERIE SERVICES FORCE... (72.8%) 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.

Repayment capacity
3.37 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Average +50 pts over 3 years

In 2024, the repayment capacity of INGENIERIE SERVICES FORCE... (3.37) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 195.53. 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 14.2x. Operating income very largely covers interest expenses: high safety margin.

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

195.529

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

14.217

Liquidity indicators evolution
INGENIERIE SERVICES FORCE OUEST

Sector positioning

Liquidity ratio
195.53 2024
2021
2023
2024
Q1: 149.17
Med: 230.27
Q3: 405.7
Average +7 pts over 3 years

In 2024, the liquidity ratio of INGENIERIE SERVICES FORCE... (195.53) 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.

Interest coverage
14.22x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.06x
Excellent +50 pts over 3 years

In 2024, the interest coverage of INGENIERIE SERVICES FORCE... (14.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 273 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 660 days. Excellent situation: suppliers finance 387 days of the operating cycle (retail model). Overall, WCR represents 424 days of revenue, i.e. 717 k€ to permanently finance. Over 2018-2024, WCR increased by +126%, requiring additional financing.

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

716 675 €

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

273 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

660 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

424 j

WCR and payment terms evolution
INGENIERIE SERVICES FORCE OUEST

Positioning of INGENIERIE SERVICES FORCE OUEST in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 36 336€ to 188 248€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
36k€ 72k€ 188k€
72 852 € Range: 36 336€ - 188 248€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 (Ingénierie, études techniques)

Compare INGENIERIE SERVICES FORCE OUEST with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about INGENIERIE SERVICES FORCE OUEST

What is the revenue of INGENIERIE SERVICES FORCE OUEST ?

The revenue of INGENIERIE SERVICES FORCE OUEST in 2024 is 608 k€.

Is INGENIERIE SERVICES FORCE OUEST profitable?

Yes, INGENIERIE SERVICES FORCE OUEST generated a net profit of 58 k€ in 2024.

Where is the headquarters of INGENIERIE SERVICES FORCE OUEST ?

The headquarters of INGENIERIE SERVICES FORCE OUEST is located in BREST (29200), in the department Finistere.

Where to find the tax return of INGENIERIE SERVICES FORCE OUEST ?

The tax return of INGENIERIE SERVICES FORCE OUEST 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 INGENIERIE SERVICES FORCE OUEST operate?

INGENIERIE SERVICES FORCE OUEST operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.