TWIMMO : revenue, balance sheet and financial ratios

TWIMMO is a French company founded 17 years ago, specialized in the sector Programmation informatique. Based in ANTIBES (06600), this company of category PME shows in 2021 a revenue of 736 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

Financial history - TWIMMO (SIREN 504667189)
Indicator 2022 2021 2020 2019 2018 2017 2016 2015
Revenue N/C 736 353 € 647 603 € 646 939 € 723 256 € 672 858 € 574 343 € 589 683 €
Net income 142 279 € -265 977 € -388 413 € 128 282 € 133 058 € 136 498 € -78 471 € 104 383 €
EBITDA N/C 72 127 € 80 181 € 146 130 € 153 990 € 152 410 € -56 996 € 63 317 €
Net margin N/C -36.1% -60.0% 19.8% 18.4% 20.3% -13.7% 17.7%

Revenue and income statement

In 2022, TWIMMO generates positive net income of 142 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2015-2022: 104 k€ -> 142 k€.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

142 279 €

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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 105%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

104.658%

Financial autonomy (2022) ?
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

28.01%

Asset age ratio (2022) ?
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

64.1%

Solvency indicators evolution
TWIMMO

Sector positioning

Debt ratio
104.66 2022
2020
2021
2022
Q1: 0.0
Med: 4.45
Q3: 61.94
Average

In 2022, the debt ratio of TWIMMO (104.66) 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
28.01% 2022
2020
2021
2022
Q1: 3.97%
Med: 33.95%
Q3: 62.97%
Average

In 2022, the financial autonomy of TWIMMO (28.0%) 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
-9.0 years 2021
2020
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 0.54 years
Excellent -50 pts over 2 years

In 2021, the repayment capacity of TWIMMO (-9.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 270.22. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

270.218

Liquidity indicators evolution
TWIMMO

Sector positioning

Liquidity ratio
270.22 2022
2020
2021
2022
Q1: 129.44
Med: 240.62
Q3: 451.95
Good -18 pts over 3 years

In 2022, the liquidity ratio of TWIMMO (270.22) 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
151.23x 2021
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.3x
Excellent

In 2021, the interest coverage of TWIMMO (151.2x) 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.

Operating WCR (2022) ?
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

0 €

Customer credit (2022) ?
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

0 j

Supplier credit (2022) ?
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

0 j

Inventory turnover (2022) ?
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 and payment terms evolution
TWIMMO

Positioning of TWIMMO in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of TWIMMO is estimated at 306 250 € (range 132 894€ - 845 790€). 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.

Estimated enterprise value 2022
120 transactions
132k€ 306k€ 845k€
306 250 € Range: 132 894€ - 845 790€
NAF 5 all-time

Valuation method used

Net Income Multiple
142 279 € × 2.2x = 306 251 €
Range: 132 895€ - 845 790€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare TWIMMO with other companies in the same sector:

Voir toutes les statistiques du secteur Programmation informatique

Frequently asked questions about TWIMMO

What is the revenue of TWIMMO ?

The revenue of TWIMMO in 2021 is 736 k€.

Is TWIMMO profitable?

Yes, TWIMMO generated a net profit of 142 k€ in 2022.

Where is the headquarters of TWIMMO ?

The headquarters of TWIMMO is located in ANTIBES (06600), in the department Alpes-Maritimes.

Where to find the tax return of TWIMMO ?

The tax return of TWIMMO 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 TWIMMO operate?

TWIMMO operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.