OUEST COMPOSITES INDUSTRIES : revenue, balance sheet and financial ratios

OUEST COMPOSITES INDUSTRIES is a French company founded 8 years ago, specialized in the sector Fabrication de pièces techniques à base de matières plastiques. Based in CRACH (56950), this company of category PME shows in 2023 a revenue of 10.9 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 - OUEST COMPOSITES INDUSTRIES (SIREN 832237499)
Indicator 2023 2022 2022 2021 2020 2019 2018
Revenue 10 853 479 € 10 558 943 € 6 807 183 € 8 152 802 € 9 195 266 € 9 894 107 € N/C
Net income 97 890 € 550 165 € 63 590 € -123 228 € 219 684 € 293 513 € -3 485 €
EBITDA 219 894 € 880 752 € 117 905 € 28 801 € -160 926 € 543 282 € -3 486 €
Net margin 0.9% 5.2% 0.9% -1.5% 2.4% 3.0% N/C

Revenue and income statement

In 2023, OUEST COMPOSITES INDUSTRIES achieves revenue of 10.9 M€. Revenue is growing positively over 7 years (CAGR: +2.3%). Vs 2022: +3%. After deducting consumption (3.8 M€), gross margin stands at 7.0 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 220 k€, representing 2.0% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -75%, reducing margin by 6.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 98 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

10 853 479 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 032 640 €

EBITDA (2023) ?
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

219 894 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

112 514 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

97 890 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.0%

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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 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 49%. 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 5.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

43.33%

Financial autonomy (2023) ?
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

49.279%

Cash flow / Revenue (2023) ?
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

1.811%

Repayment capacity (2023) ?
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

5.057

Asset age ratio (2023) ?
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

24.3%

Solvency indicators evolution
OUEST COMPOSITES INDUSTRIES

Sector positioning

Debt ratio
43.33 2023
2022
2022
2023
Q1: 8.29
Med: 30.24
Q3: 71.9
Average -17 pts over 3 years

In 2023, the debt ratio of OUEST COMPOSITES INDUSTRIES (43.33) 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
49.28% 2023
2022
2022
2023
Q1: 29.98%
Med: 47.62%
Q3: 64.62%
Good +11 pts over 3 years

In 2023, the financial autonomy of OUEST COMPOSITES INDUSTRIES (49.3%) 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.

Repayment capacity
5.06 years 2023
2022
2022
2023
Q1: 0.0 years
Med: 1.09 years
Q3: 2.9 years
Average

In 2023, the repayment capacity of OUEST COMPOSITES INDUSTRIES (5.06) 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 323.16. 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 10.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

323.156

Interest coverage (2023) ?
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

10.661

Liquidity indicators evolution
OUEST COMPOSITES INDUSTRIES

Sector positioning

Liquidity ratio
323.16 2023
2022
2022
2023
Q1: 177.58
Med: 269.52
Q3: 387.68
Good -12 pts over 3 years

In 2023, the liquidity ratio of OUEST COMPOSITES INDUSTRIES (323.16) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
10.66x 2023
2022
2022
2023
Q1: 0.0x
Med: 2.21x
Q3: 7.71x
Excellent

In 2023, the interest coverage of OUEST COMPOSITES INDUSTRIES (10.7x) 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: 47 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The company must finance 19 days of gap between collections and payments. Inventory turnover is 42 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 2.3 M€ to permanently finance.

Operating WCR (2023) ?
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

2 332 630 €

Customer credit (2023) ?
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

47 j

Supplier credit (2023) ?
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

28 j

Inventory turnover (2023) ?
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

42 j

WCR in days of revenue (2023) ?
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

77 j

WCR and payment terms evolution
OUEST COMPOSITES INDUSTRIES

Positioning of OUEST COMPOSITES INDUSTRIES in its sector

Comparison with sector Fabrication de pièces techniques à base de matières plastiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions). This range of 358 979€ to 1 733 477€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
358k€ 1034k€ 1733k€
1 034 764 € Range: 358 979€ - 1 733 477€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 46 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 pièces techniques à base de matières plastiques)

Compare OUEST COMPOSITES INDUSTRIES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de pièces techniques à base de matières plastiques

Frequently asked questions about OUEST COMPOSITES INDUSTRIES

What is the revenue of OUEST COMPOSITES INDUSTRIES ?

The revenue of OUEST COMPOSITES INDUSTRIES in 2023 is 10.9 M€.

Is OUEST COMPOSITES INDUSTRIES profitable?

Yes, OUEST COMPOSITES INDUSTRIES generated a net profit of 98 k€ in 2023.

Where is the headquarters of OUEST COMPOSITES INDUSTRIES ?

The headquarters of OUEST COMPOSITES INDUSTRIES is located in CRACH (56950), in the department Morbihan.

Where to find the tax return of OUEST COMPOSITES INDUSTRIES ?

The tax return of OUEST COMPOSITES INDUSTRIES 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 OUEST COMPOSITES INDUSTRIES operate?

OUEST COMPOSITES INDUSTRIES operates in the sector Fabrication de pièces techniques à base de matières plastiques (NAF code 22.29A). See the 'Sector positioning' section above to compare the company with its competitors.