HARAS DE LA MODER - HERVE BOISSON : revenue, balance sheet and financial ratios

HARAS DE LA MODER - HERVE BOISSON is a French company founded 8 years ago, specialized in the sector Gestion d'installations sportives. Based in BISCHWILLER (67240), this company of category PME shows in 2019 a revenue of 3.7 M€. 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 - HARAS DE LA MODER - HERVE BOISSON (SIREN 833022817)
Indicator 2019 2018 2017
Revenue 3 659 223 € 90 768 € 12 532 €
Net income 118 126 € 689 € 139 €
EBITDA 162 862 € -5 480 € -6 714 €
Net margin 3.2% 0.8% 1.1%

Revenue and income statement

In 2019, HARAS DE LA MODER - HERVE BOISSON achieves revenue of 3.7 M€. Over the period 2017-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +1608.8%. Vs 2018, growth of +3931% (91 k€ -> 3.7 M€). After deducting consumption (1.2 M€), gross margin stands at 2.4 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 163 k€, representing 4.5% of revenue. Positive scissor effect: EBITDA margin improves by +10.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 118 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 659 223 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 448 924 €

EBITDA (2019) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

162 862 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

123 910 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

118 126 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.4%

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Chart evolution

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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 5%. 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 63%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

5.273%

Financial autonomy (2019) ?
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

63.208%

Cash flow / Revenue (2019) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

4.217%

Repayment capacity (2019) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.365

Asset age ratio (2019) ?
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

25.3%

Solvency indicators evolution
HARAS DE LA MODER - HERVE BOISSON

Sector positioning

Debt ratio
5.27 2019
2017
2018
2019
Q1: 0.0
Med: 13.04
Q3: 119.51
Good -40 pts over 3 years

In 2019, the debt ratio of HARAS DE LA MODER - HERVE... (5.27) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
63.21% 2019
2017
2018
2019
Q1: 1.49%
Med: 23.91%
Q3: 53.6%
Excellent +50 pts over 3 years

In 2019, the financial autonomy of HARAS DE LA MODER - HERVE... (63.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.36 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.02 years
Q3: 2.31 years
Average -21 pts over 3 years

In 2019, the repayment capacity of HARAS DE LA MODER - HERVE... (0.36) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 223.90. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2019) ?
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

223.902

Interest coverage (2019) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

1.491

Liquidity indicators evolution
HARAS DE LA MODER - HERVE BOISSON

Sector positioning

Liquidity ratio
223.9 2019
2017
2018
2019
Q1: 65.43
Med: 130.63
Q3: 250.59
Good +45 pts over 3 years

In 2019, the liquidity ratio of HARAS DE LA MODER - HERVE... (223.90) 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
1.49x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.45x
Q3: 5.84x
Good +30 pts over 3 years

In 2019, the interest coverage of HARAS DE LA MODER - HERVE... (1.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 336 k€ to permanently finance. Over 2017-2019, WCR increased by +5344%, requiring additional financing.

Operating WCR (2019) ?
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

335 843 €

Customer credit (2019) ?
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

45 j

Supplier credit (2019) ?
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

41 j

Inventory turnover (2019) ?
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

2 j

WCR in days of revenue (2019) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

33 j

WCR and payment terms evolution
HARAS DE LA MODER - HERVE BOISSON

Positioning of HARAS DE LA MODER - HERVE BOISSON in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of HARAS DE LA MODER - HERVE BOISSON is estimated at 1 081 275 € (range 432 238€ - 1 752 925€). With an EBITDA of 162 862€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.57x (in line with sector norms). 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.

Estimated enterprise value 2019
73 tx
432k€ 1081k€ 1752k€
1 081 275 € Range: 432 238€ - 1 752 925€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
162 862 € × 4.0x
Estimation 657 033 €
374 064€ - 1 049 266€
Revenue Multiple 30%
3 659 223 € × 0.57x
Estimation 2 090 906 €
659 746€ - 3 371 386€
Net Income Multiple 20%
118 126 € × 5.3x
Estimation 627 436 €
236 413€ - 1 084 382€
How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare HARAS DE LA MODER - HERVE BOISSON with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about HARAS DE LA MODER - HERVE BOISSON

What is the revenue of HARAS DE LA MODER - HERVE BOISSON ?

The revenue of HARAS DE LA MODER - HERVE BOISSON in 2019 is 3.7 M€.

Is HARAS DE LA MODER - HERVE BOISSON profitable?

Yes, HARAS DE LA MODER - HERVE BOISSON generated a net profit of 118 k€ in 2019.

Where is the headquarters of HARAS DE LA MODER - HERVE BOISSON ?

The headquarters of HARAS DE LA MODER - HERVE BOISSON is located in BISCHWILLER (67240), in the department Bas-Rhin.

Where to find the tax return of HARAS DE LA MODER - HERVE BOISSON ?

The tax return of HARAS DE LA MODER - HERVE BOISSON 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 HARAS DE LA MODER - HERVE BOISSON operate?

HARAS DE LA MODER - HERVE BOISSON operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.