SIREN : 345407621
2H is a French company founded 37 years ago, specialized in the sector Gestion de fonds. Based in SAINT-MALO (35400), this company of category PME shows in 2024 a revenue of 2.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 014 166 € | 2 142 849 € | 2 049 258 € | N/C | N/C | N/C | N/C | N/C | N/C |
| Net income | 572 890 € | 532 872 € | 485 063 € | 517 917 € | 216 920 € | 197 054 € | 153 441 € | 3 212 € | 5 003 € |
| EBITDA | 1 139 104 € | 1 190 456 € | 1 119 672 € | N/C | N/C | N/C | N/C | N/C | N/C |
| Net margin | 28.4% | 24.9% | 23.7% | N/C | N/C | N/C | N/C | N/C | N/C |
In 2024, 2H achieves revenue of 2.0 M€. Activity remains stable over the period (CAGR: -0.9%). Slight decline of -6% vs 2023. After deducting consumption (0 €), gross margin stands at 2.0 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 1.1 M€, representing 56.6% of 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 573 k€, i.e. 28.4% of revenue. This profit can be retained or distributed to shareholders.
2 014 166 €
2 014 166 €
1 139 104 €
745 655 €
572 890 €
56.6%
The debt ratio (= Financial debt / Equity x 100) stands at 94%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 42.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
93.742%
46.278%
42.056%
3.336
35.5%
In 2024, the debt ratio of 2H (93.74) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of 2H (46.3%) 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 2024, the repayment capacity of 2H (3.34) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 599.01. 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 25.5x. Operating income very largely covers interest expenses: high safety margin.
599.009
25.523
In 2024, the liquidity ratio of 2H (599.01) 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 2024, the interest coverage of 2H (25.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The gap of 44 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-26 days): operations structurally generate cash.
-143 127 €
87 j
43 j
0 j
-26 j
Based on 62 transactions of similar company sales
in 2024,
the value of 2H is estimated at
3 763 378 €
(range 1 185 505€ - 8 341 368€).
With an EBITDA of 1 139 104€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(conservative valuation).
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 62 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 2H with other companies in the same sector:
The revenue of 2H in 2024 is 2.0 M€.
Yes, 2H generated a net profit of 573 k€ in 2024.
The headquarters of 2H is located in SAINT-MALO (35400), in the department Ille-et-Vilaine.
The tax return of 2H 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).
2H operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.