OKWIND : revenue, balance sheet and financial ratios

OKWIND is a French company founded 17 years ago, specialized in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules. Based in TORCE (35370), this company of category ETI shows in 2024 a revenue of 4.8 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 - OKWIND (SIREN 511888026)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 4 849 853 € 76 211 354 € 23 295 850 € 19 861 778 € 15 289 541 € 9 424 100 € 5 513 665 € 3 873 193 €
Net income 3 681 664 € 9 400 731 € 2 377 468 € 2 027 910 € 1 568 112 € 435 442 € 359 690 € -21 046 €
EBITDA -1 468 877 € 14 729 047 € 3 498 845 € 2 902 216 € 2 162 643 € 983 551 € 589 065 € 220 075 €
Net margin 75.9% 12.3% 10.2% 10.2% 10.3% 4.6% 6.5% -0.5%

Revenue and income statement

In 2024, OKWIND achieves revenue of 4.8 M€. Revenue is growing positively over 8 years (CAGR: +2.9%). Significant drop of -94% vs 2023. After deducting consumption (43 €), gross margin stands at 4.8 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 -1.5 M€, representing -30.3% of revenue. Warning negative scissor effect: despite revenue change (-94%), EBITDA varies by -110%, reducing margin by 49.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.7 M€, i.e. 75.9% 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

4 849 853 €

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

4 849 810 €

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

-1 468 877 €

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

-3 035 934 €

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

3 681 664 €

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

-29.9%

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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 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. 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 2.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 143.2% 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 (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

60.86%

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

55.516%

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

143.217%

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

2.763

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

70.2%

Solvency indicators evolution
OKWIND

Sector positioning

Debt ratio
60.86 2024
2021
2023
2024
Q1: 0.0
Med: 16.45
Q3: 44.43
Watch

In 2024, the debt ratio of OKWIND (60.86) 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
55.52% 2024
2021
2023
2024
Q1: 7.07%
Med: 40.68%
Q3: 49.34%
Excellent +34 pts over 3 years

In 2024, the financial autonomy of OKWIND (55.5%) 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
2.76 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.46 years
Watch

In 2024, the repayment capacity of OKWIND (2.76) 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 663.68. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

663.68

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

-156.937

Liquidity indicators evolution
OKWIND

Sector positioning

Liquidity ratio
663.68 2024
2021
2023
2024
Q1: 102.65
Med: 183.68
Q3: 303.58
Excellent +23 pts over 3 years

In 2024, the liquidity ratio of OKWIND (663.68) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-156.94x 2024
2021
2023
2024
Q1: -14.6x
Med: 0.21x
Q3: 4.45x
Watch -51 pts over 3 years

In 2024, the interest coverage of OKWIND (-156.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 124 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The gap of 73 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1693 days of revenue, i.e. 22.8 M€ to permanently finance. Over 2016-2024, WCR increased by +3411%, 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

22 813 466 €

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

124 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

51 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

1693 j

WCR and payment terms evolution
OKWIND

Positioning of OKWIND in its sector

Comparison with sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 488 776€ to 11 709 824€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
488k€ 1779k€ 11709k€
1 779 241 € Range: 488 776€ - 11 709 824€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules)

Compare OKWIND with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules

Frequently asked questions about OKWIND

What is the revenue of OKWIND ?

The revenue of OKWIND in 2024 is 4.8 M€.

Is OKWIND profitable?

Yes, OKWIND generated a net profit of 3.7 M€ in 2024.

Where is the headquarters of OKWIND ?

The headquarters of OKWIND is located in TORCE (35370), in the department Ille-et-Vilaine.

Where to find the tax return of OKWIND ?

The tax return of OKWIND 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 OKWIND operate?

OKWIND operates in the sector Fabrication de moteurs et turbines, à l'exception des moteurs d’avions et de véhicules (NAF code 28.11Z). See the 'Sector positioning' section above to compare the company with its competitors.