SIREN : 545750580
HAWORTH is a French company founded 69 years ago, specialized in the sector Fabrication de meubles de bureau et de magasin. Based in MONTAIGU-VENDEE (85600), this company of category ETI shows in 2024 a revenue of 72.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72 371 418 € | 76 784 832 € | 69 795 126 € | 52 623 031 € | 57 453 420 € | 66 301 326 € | 60 370 532 € | 61 402 903 € | 60 443 100 € | 48 225 628 € |
| Net income | 1 026 428 € | 518 534 € | -2 530 445 € | -895 503 € | 620 327 € | 127 611 € | 864 601 € | 250 629 € | -696 000 € | -3 057 674 € |
| EBITDA | 2 488 052 € | 2 120 194 € | -860 803 € | 204 404 € | 1 741 659 € | 784 411 € | 1 771 759 € | 703 493 € | -106 763 € | -2 149 417 € |
| Net margin | 1.4% | 0.7% | -3.6% | -1.7% | 1.1% | 0.2% | 1.4% | 0.4% | -1.2% | -6.3% |
In 2024, HAWORTH achieves revenue of 72.4 M€. Revenue is growing positively over 10 years (CAGR: +4.1%). Slight decline of -6% vs 2023. After deducting consumption (36.3 M€), gross margin stands at 36.1 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.5 M€, representing 3.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.
72 371 418 €
36 091 945 €
2 488 052 €
1 129 458 €
1 026 428 €
3.4%
The debt ratio (= Financial debt / Equity x 100) stands at 9%. 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 45%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
8.711%
44.565%
2.758%
0.545
23.6%
In 2024, the debt ratio of HAWORTH (8.71) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of HAWORTH (44.6%) 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 HAWORTH (0.55) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 164.07. 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 6.8x. Operating income very largely covers interest expenses: high safety margin.
164.072
6.843
In 2024, the liquidity ratio of HAWORTH (164.07) 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.
In 2024, the interest coverage of HAWORTH (6.8x) 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: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 58 days. The company must finance 20 days of gap between collections and payments. Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 93 days of revenue, i.e. 18.8 M€ to permanently finance. Over 2014-2024, WCR increased by +90%, requiring additional financing.
18 754 329 €
78 j
58 j
28 j
93 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 4 868 206€ to 18 772 858€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 HAWORTH with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de meubles de bureau et de magasin
The revenue of HAWORTH in 2024 is 72.4 M€.
Yes, HAWORTH generated a net profit of 1.0 M€ in 2024.
The headquarters of HAWORTH is located in MONTAIGU-VENDEE (85600), in the department Vendee.
The tax return of HAWORTH 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).
HAWORTH operates in the sector Fabrication de meubles de bureau et de magasin (NAF code 31.01Z). See the 'Sector positioning' section above to compare the company with its competitors.