SIREN : 850078841
HAS ETANCHEITE is a French company founded 7 years ago, specialized in the sector Travaux d'étanchéification. Based in PIERREFITTE-SUR-SEINE (93380), this company of category PME shows in 2021 a revenue of 767 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 | 2021 | 2020 | 2019 |
|---|---|---|---|
| Revenue | 767 083 € | 402 574 € | 178 199 € |
| Net income | 16 232 € | 10 788 € | 17 824 € |
| EBITDA | 18 970 € | 21 416 € | 21 645 € |
| Net margin | 2.1% | 2.7% | 10.0% |
In 2021, HAS ETANCHEITE achieves revenue of 767 k€. Over the period 2019-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +107.5%. Vs 2020, growth of +91% (403 k€ -> 767 k€). After deducting consumption (929 €), gross margin stands at 766 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 19 k€, representing 2.5% of revenue. Warning negative scissor effect: despite revenue change (+91%), EBITDA varies by -11%, reducing margin by 2.8 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 16 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.
767 083 €
766 154 €
18 970 €
18 970 €
16 232 €
2.5%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.65%
0.22%
2.116%
0.0
In 2021, the debt ratio of HAS ETANCHEITE (0.65) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of HAS ETANCHEITE (0.2%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2021, the repayment capacity of HAS ETANCHEITE (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 151.11. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
151.113
-1.56
In 2021, the liquidity ratio of HAS ETANCHEITE (151.11) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2021, the interest coverage of HAS ETANCHEITE (-1.6x) 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: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. The company must finance 14 days of gap between collections and payments. Overall, WCR represents 22 days of revenue, i.e. 48 k€ to permanently finance. Over 2019-2021, WCR increased by +638%, requiring additional financing.
47 743 €
52 j
38 j
0 j
22 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 35 747€ to 102 204€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 HAS ETANCHEITE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of HAS ETANCHEITE in 2021 is 767 k€.
Yes, HAS ETANCHEITE generated a net profit of 16 k€ in 2021.
The headquarters of HAS ETANCHEITE is located in PIERREFITTE-SUR-SEINE (93380), in the department Seine-Saint-Denis.
The tax return of HAS 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).
HAS 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.