LHI SOLARWIND WP SARTHE 2569 SAS : revenue, balance sheet and financial ratios

LHI SOLARWIND WP SARTHE 2569 SAS is a French company founded 9 years ago, specialized in the sector Production d'électricité. Based in TOULOUSE (31500), this company of category ETI shows in 2025 a revenue of 1.6 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

Financial history - LHI SOLARWIND WP SARTHE 2569 SAS (SIREN 829382217)
Indicator 2025 2024 2023 2022 2021 2020 2018
Revenue 1 585 915 € 1 702 460 € 1 924 767 € 1 376 090 € 326 € N/C N/C
Net income -580 929 € -528 777 € -314 418 € -306 105 € -179 821 € 0 € 0 €
EBITDA 1 030 091 € 1 150 364 € 1 448 273 € 998 230 € -1 311 482 € -88 223 € N/C
Net margin -36.6% -31.1% -16.3% -22.2% -55159.8% N/C N/C

Revenue and income statement

In 2025, LHI SOLARWIND WP SARTHE 2569 SAS achieves revenue of 1.6 M€. Over the period 2021-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +735.2%. Slight decline of -7% vs 2024. After deducting consumption (0 €), gross margin stands at 1.6 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 1.0 M€, representing 65.0% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -10%, reducing margin by 2.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -581 k€ (-36.6% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 585 915 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 585 915 €

EBITDA (2025) ?
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

1 030 091 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-141 976 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-580 929 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

65.0%

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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 -1222%. 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 -9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 29.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 46.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-1222.426%

Financial autonomy (2025) ?
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

-8.647%

Cash flow / Revenue (2025) ?
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

46.202%

Repayment capacity (2025) ?
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

29.56

Asset age ratio (2025) ?
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

81.1%

Solvency indicators evolution
LHI SOLARWIND WP SARTHE 2569 SAS

Sector positioning

Debt ratio
-1222.43 2025
2023
2024
2025
Q1: -126.53
Med: 0.0
Q3: 124.14
Excellent

In 2025, the debt ratio of LHI SOLARWIND WP SARTHE 2... (-1222.43) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-8.65% 2025
2023
2024
2025
Q1: -20.57%
Med: 0.83%
Q3: 46.71%
Average +8 pts over 3 years

In 2025, the financial autonomy of LHI SOLARWIND WP SARTHE 2... (-8.7%) 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
29.56 years 2025
2023
2024
2025
Q1: -4.0 years
Med: 0.0 years
Q3: 5.02 years
Watch

In 2025, the repayment capacity of LHI SOLARWIND WP SARTHE 2... (29.56) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 37.28. 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 43.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

37.282

Interest coverage (2025) ?
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

43.198

Liquidity indicators evolution
LHI SOLARWIND WP SARTHE 2569 SAS

Sector positioning

Liquidity ratio
37.28 2025
2023
2024
2025
Q1: 85.35
Med: 307.41
Q3: 965.74
Watch -41 pts over 3 years

In 2025, the liquidity ratio of LHI SOLARWIND WP SARTHE 2... (37.28) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
43.2x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 11.58x
Excellent

In 2025, the interest coverage of LHI SOLARWIND WP SARTHE 2... (43.2x) 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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 128 days. Excellent situation: suppliers finance 66 days of the operating cycle (retail model). Overall, WCR represents 60 days of revenue, i.e. 263 k€ to permanently finance.

Operating WCR (2025) ?
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

263 135 €

Customer credit (2025) ?
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

62 j

Supplier credit (2025) ?
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

128 j

Inventory turnover (2025) ?
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 (2025) ?
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

60 j

WCR and payment terms evolution
LHI SOLARWIND WP SARTHE 2569 SAS

Positioning of LHI SOLARWIND WP SARTHE 2569 SAS in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of LHI SOLARWIND WP SARTHE 2569 SAS is estimated at 1 969 250 € (range 251 944€ - 7 933 108€). With an EBITDA of 1 030 091€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.69x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
85 tx
251k€ 1969k€ 7933k€
1 969 250 € Range: 251 944€ - 7 933 108€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 030 091 € × 2.4x
Estimation 2 492 481 €
273 507€ - 9 352 239€
Revenue Multiple 30%
1 585 915 € × 0.69x
Estimation 1 097 200 €
216 008€ - 5 567 890€
How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Production d'électricité)

Compare LHI SOLARWIND WP SARTHE 2569 SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about LHI SOLARWIND WP SARTHE 2569 SAS

What is the revenue of LHI SOLARWIND WP SARTHE 2569 SAS ?

The revenue of LHI SOLARWIND WP SARTHE 2569 SAS in 2025 is 1.6 M€.

Is LHI SOLARWIND WP SARTHE 2569 SAS profitable?

LHI SOLARWIND WP SARTHE 2569 SAS recorded a net loss in 2025.

Where is the headquarters of LHI SOLARWIND WP SARTHE 2569 SAS ?

The headquarters of LHI SOLARWIND WP SARTHE 2569 SAS is located in TOULOUSE (31500), in the department Haute-Garonne.

Where to find the tax return of LHI SOLARWIND WP SARTHE 2569 SAS ?

The tax return of LHI SOLARWIND WP SARTHE 2569 SAS 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 LHI SOLARWIND WP SARTHE 2569 SAS operate?

LHI SOLARWIND WP SARTHE 2569 SAS operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.