Employees: 21 (2023.0)Legal category: 5202Size: GECreation date: 2010-03-01 (16 years)Status: ActiveBusiness sector: Activités des agences de publicitéLocation: PUTEAUX (92800), Hauts-de-Seine
HAVAS EVENTS : revenue, balance sheet and financial ratios
HAVAS EVENTS is a French company
founded 16 years ago,
specialized in the sector Activités des agences de publicité.
Based in PUTEAUX (92800),
this company of category GE
shows in 2024 a revenue of 42.8 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - HAVAS EVENTS (SIREN 521902882)
Indicator
2024
2023
2021
2020
2019
2018
2017
2016
Revenue
42 751 389 €
37 804 705 €
27 040 895 €
23 143 767 €
59 329 702 €
53 284 113 €
47 822 383 €
42 793 844 €
Net income
816 902 €
-783 659 €
236 720 €
-2 372 905 €
509 140 €
1 105 927 €
1 181 468 €
1 221 912 €
EBITDA
1 603 776 €
443 119 €
928 852 €
-1 046 033 €
2 079 460 €
2 621 522 €
2 527 436 €
2 751 528 €
Net margin
1.9%
-2.1%
0.9%
-10.3%
0.9%
2.1%
2.5%
2.9%
Revenue and income statement
In 2024, HAVAS EVENTS achieves revenue of 42.8 M€. Activity remains stable over the period (CAGR: -0.0%). Vs 2023, growth of +13% (37.8 M€ -> 42.8 M€). After deducting consumption (0 €), gross margin stands at 42.8 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 1.6 M€, representing 3.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 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 817 k€, i.e. 1.9% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
42 751 389 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
42 751 389 €
EBITDA (2024)
?
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
1 603 776 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
1 002 535 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
816 902 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
3.7%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 6%. 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.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.0%
Financial autonomy (2024)
?
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
6.473%
Cash flow / Revenue (2024)
?
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
2.133%
Repayment capacity (2024)
?
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
0.0
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
82.881
89.106
99.443
1230.869
-59.228
0.0
-0.388
0.0
Financial autonomy
7.308
6.389
5.04
1.841
-22.133
1.461
-6.179
6.473
Repayment capacity
0.578
0.687
0.746
4.82
-0.641
0.0
-0.005
0.0
Cash flow / Revenue
4.129%
3.232%
2.792%
2.234%
-9.438%
1.376%
-1.488%
2.133%
Sector positioning
Debt ratio
0.02024
2021
2023
2024
Q1: 0.0
Med: 7.82
Q3: 44.59
Excellent
In 2024, the debt ratio of HAVAS EVENTS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
6.47%2024
2021
2023
2024
Q1: 9.69%
Med: 34.27%
Q3: 59.15%
Average
In 2024, the financial autonomy of HAVAS EVENTS (6.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
0.0 years2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.14 years
Excellent
In 2024, the repayment capacity of HAVAS EVENTS (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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 121.36. 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 2.4x. Financial charges are adequately covered by operations.
Liquidity ratio (2024)
?
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
121.36
Interest coverage (2024)
?
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
2.362
Liquidity indicators evolution HAVAS EVENTS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Liquidity ratio
129.365
116.946
158.007
160.158
132.992
145.931
110.43
121.36
Interest coverage
15.109
11.869
0.732
26.431
-16.291
2.608
40.6
2.362
Sector positioning
Liquidity ratio
121.362024
2021
2023
2024
Q1: 128.85
Med: 206.6
Q3: 363.72
Watch
In 2024, the liquidity ratio of HAVAS EVENTS (121.36) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
2.36x2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.56x
Good
In 2024, the interest coverage of HAVAS EVENTS (2.4x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Overall, WCR represents 74 days of revenue, i.e. 8.8 M€ to permanently finance.
Operating WCR (2024)
?
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
8 787 120 €
Customer credit (2024)
?
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
46 j
Supplier credit (2024)
?
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
64 j
Inventory turnover (2024)
?
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
0 j
WCR in days of revenue (2024)
?
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
74 j
WCR and payment terms evolution HAVAS EVENTS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
9 629 471 €
12 221 010 €
10 356 833 €
18 223 118 €
3 825 665 €
8 503 280 €
7 821 793 €
8 787 120 €
Inventory turnover (days)
14
13
35
21
26
48
11
0
Customer payment term (days)
62
63
78
103
83
113
56
46
Supplier payment term (days)
70
79
55
73
84
97
75
64
Positioning of HAVAS EVENTS in its sector
Comparison with sector Activités des agences de publicité
Valuation estimate
Based on 68 transactions of similar company sales
(all years),
the value of HAVAS EVENTS is estimated at
5 658 584 €
(range 2 086 509€ - 15 760 187€).
With an EBITDA of 1 603 776€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.22x
(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.
Estimated enterprise value2024
68 tx
2086k€5658k€15760k€
5 658 584 €Range: 2 086 509€ - 15 760 187€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
1 603 776 €×2.9x
Estimation4 607 757 €
1 329 698€ - 18 138 664€
Revenue Multiple30%
42 751 389 €×0.22x
Estimation9 596 055 €
3 977 117€ - 16 334 362€
Net Income Multiple20%
816 902 €×2.9x
Estimation2 379 449 €
1 142 625€ - 8 952 735€
How is this estimate calculated?
This estimate is based on the analysis of 68 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 (Activités des agences de publicité)
Compare HAVAS EVENTS with other companies in the same sector:
Yes, HAVAS EVENTS generated a net profit of 817 k€ in 2024.
Where is the headquarters of HAVAS EVENTS ?
The headquarters of HAVAS EVENTS is located in PUTEAUX (92800), in the department Hauts-de-Seine.
Where to find the tax return of HAVAS EVENTS ?
The tax return of HAVAS EVENTS 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 HAVAS EVENTS operate?
HAVAS EVENTS operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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