SIREN : 539685560
TWINS REFIT is a French company founded 14 years ago, specialized in the sector Réparation et maintenance navale. Based in LA SEYNE-SUR-MER (83500), this company of category PME shows in 2019 a revenue of 841 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
| Indicator | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 840 811 € | 816 371 € | 817 948 € | 521 345 € | 554 968 € |
| Net income | 140 173 € | 178 292 € | 196 599 € | 57 618 € | 41 272 € |
| EBITDA | 205 202 € | 262 925 € | 274 125 € | 84 255 € | 72 041 € |
| Net margin | 16.7% | 21.8% | 24.0% | 11.1% | 7.4% |
In 2019, TWINS REFIT achieves revenue of 841 k€. Over the period 2015-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +10.9%. Vs 2018: +3%. After deducting consumption (205 k€), gross margin stands at 636 k€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 205 k€, representing 24.4% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -22%, reducing margin by 7.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 140 k€, i.e. 16.7% of revenue. This profit can be retained or distributed to shareholders.
840 811 €
635 851 €
205 202 €
187 431 €
140 173 €
24.4%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 19.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.394%
0.239%
19.063%
0.0
52.2%
In 2019, the debt ratio of TWINS REFIT (0.39) 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.
In 2019, the financial autonomy of TWINS REFIT (0.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2019, the repayment capacity of TWINS REFIT (0.00) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 216.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
216.923
0.0
In 2019, the liquidity ratio of TWINS REFIT (216.92) 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.
In 2019, the interest coverage of TWINS REFIT (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. The company must finance 15 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 60 days of revenue, i.e. 139 k€ to permanently finance. Over 2015-2019, WCR increased by +352%, requiring additional financing.
139 440 €
40 j
25 j
1 j
60 j
Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 541 581€ to 1 431 598€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 25 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TWINS REFIT with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation et maintenance navale
The revenue of TWINS REFIT in 2019 is 841 k€.
Yes, TWINS REFIT generated a net profit of 140 k€ in 2019.
The headquarters of TWINS REFIT is located in LA SEYNE-SUR-MER (83500), in the department Var.
The tax return of TWINS REFIT 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).
TWINS REFIT operates in the sector Réparation et maintenance navale (NAF code 33.15Z). See the 'Sector positioning' section above to compare the company with its competitors.