SIREN : 529029795
GRELH is a French company founded 15 years ago, specialized in the sector Activités des sièges sociaux. Based in CAEN (14000), this company of category PME shows in 2024 a revenue of 387 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 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 386 663 € | 276 982 € | 55 398 € | 63 478 € | 57 975 € | 6 844 € | 21 233 € | 83 066 € |
| Net income | 46 695 € | 149 997 € | 252 406 € | -1 347 € | 220 087 € | -6 435 € | -262 598 € | -205 905 € |
| EBITDA | 55 183 € | 10 879 € | 1 870 € | 2 412 € | 2 499 € | 295 € | -3 394 € | 3 578 € |
| Net margin | 12.1% | 54.2% | 455.6% | -2.1% | 379.6% | -94.0% | -1236.7% | -247.9% |
In 2024, GRELH achieves revenue of 387 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.2%. Vs 2023, growth of +40% (277 k€ -> 387 k€). After deducting consumption (0 €), gross margin stands at 387 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 55 k€, representing 14.3% of revenue. Positive scissor effect: EBITDA margin improves by +10.3 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 47 k€, i.e. 12.1% of revenue. This profit can be retained or distributed to shareholders.
386 663 €
386 663 €
55 183 €
55 333 €
46 695 €
14.3%
The debt ratio (= Financial debt / Equity x 100) stands at 186%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 28.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 12.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
185.653%
31.83%
12.09%
28.383
97.3%
In 2024, the debt ratio of GRELH (185.65) 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 GRELH (31.8%) 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 GRELH (28.38) 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 599.38. 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 54.0x. Operating income very largely covers interest expenses: high safety margin.
599.385
54.04
In 2024, the liquidity ratio of GRELH (599.38) 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 GRELH (54.0x) 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: 807 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The gap of 752 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 880 days of revenue, i.e. 945 k€ to permanently finance. Over 2016-2024, WCR increased by +1293%, requiring additional financing.
945 051 €
807 j
55 j
0 j
880 j
Based on 103 transactions of similar company sales in 2024, the value of GRELH is estimated at 271 419 € (range 75 263€ - 557 216€). With an EBITDA of 55 183€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 103 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 GRELH with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of GRELH in 2024 is 387 k€.
Yes, GRELH generated a net profit of 47 k€ in 2024.
The headquarters of GRELH is located in CAEN (14000), in the department Calvados.
The tax return of GRELH 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).
GRELH operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.