SIREN : 892845090
HAN ETANCHEITE is a French company founded 5 years ago, specialized in the sector Travaux d'étanchéification. Based in MASSY (91300), this company of category PME shows in 2023 a revenue of 646 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 | 2023 | 2022 |
|---|---|---|
| Revenue | 645 703 € | 738 284 € |
| Net income | 26 903 € | 72 173 € |
| EBITDA | 22 577 € | 165 413 € |
| Net margin | 4.2% | 9.8% |
In 2023, HAN ETANCHEITE achieves revenue of 646 k€. Significant drop of -13% vs 2022. After deducting consumption (9 k€), gross margin stands at 637 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 23 k€, representing 3.5% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -86%, reducing margin by 18.9 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 27 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
645 703 €
636 533 €
22 577 €
33 349 €
26 903 €
3.5%
The debt ratio (= Financial debt / Equity x 100) stands at 52%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
51.615%
18.187%
12.223%
0.851
67.3%
In 2023, the debt ratio of HAN ETANCHEITE (51.62) 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 2023, the financial autonomy of HAN ETANCHEITE (18.2%) 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 2023, the repayment capacity of HAN ETANCHEITE (0.85) 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 191.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
191.138
0.0
In 2023, the liquidity ratio of HAN ETANCHEITE (191.14) 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 2023, the interest coverage of HAN ETANCHEITE (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: 189 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. The gap of 86 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 91 days of revenue, i.e. 163 k€ to permanently finance.
162 930 €
189 j
103 j
0 j
91 j
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 24 711€ to 118 635€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 37 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 HAN ETANCHEITE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of HAN ETANCHEITE in 2023 is 646 k€.
Yes, HAN ETANCHEITE generated a net profit of 27 k€ in 2023.
The headquarters of HAN ETANCHEITE is located in MASSY (91300), in the department Essonne.
The tax return of HAN ETANCHEITE 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).
HAN ETANCHEITE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.