HC ET C HUITRES COQUILLAGES ET CRUSTACES : revenue, balance sheet and financial ratios

HC ET C HUITRES COQUILLAGES ET CRUSTACES is a French company founded 23 years ago, specialized in the sector Restauration traditionnelle. Based in PARIS (75015), this company of category PME shows in 2021 a revenue of 173 k€. 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

Financial history - HC ET C HUITRES COQUILLAGES ET CRUSTACES (SIREN 444032643)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 172 807 € 225 671 € 465 289 € 529 595 € 593 717 € 586 896 €
Net income -6 128 € -1 794 € 20 278 € 1 809 € 35 638 € 41 161 €
EBITDA 4 192 € 10 529 € 38 389 € 63 778 € 62 712 € 71 280 €
Net margin -3.5% -0.8% 4.4% 0.3% 6.0% 7.0%

Revenue and income statement

In 2021, HC ET C HUITRES COQUILLAGES ET CRUSTACES achieves revenue of 173 k€. Revenue is declining over the period 2016-2021 (CAGR: -21.7%). Significant drop of -23% vs 2020. After deducting consumption (51 k€), gross margin stands at 122 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 2.4% of revenue. Warning negative scissor effect: despite revenue change (-23%), EBITDA varies by -60%, reducing margin by 2.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -6 k€ (-3.5% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

172 807 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

122 225 €

EBITDA (2021) ?
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

4 192 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-2 027 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-6 128 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.8%

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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 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

31.661%

Financial autonomy (2021) ?
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

42.489%

Cash flow / Revenue (2021) ?
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

-0.564%

Repayment capacity (2021) ?
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

-44.727

Asset age ratio (2021) ?
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

4.8%

Solvency indicators evolution
HC ET C HUITRES COQUILLAGES ET CRUSTACES

Sector positioning

Debt ratio
31.66 2021
2019
2020
2021
Q1: 1.38
Med: 53.42
Q3: 168.44
Good

In 2021, the debt ratio of HC ET C HUITRES COQUILLAG... (31.66) 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
42.49% 2021
2019
2020
2021
Q1: 9.07%
Med: 32.0%
Q3: 55.27%
Good

In 2021, the financial autonomy of HC ET C HUITRES COQUILLAG... (42.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-44.73 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.73 years
Q3: 3.07 years
Excellent -33 pts over 3 years

In 2021, the repayment capacity of HC ET C HUITRES COQUILLAG... (-44.73) 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 36.78. 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 41.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

36.779

Interest coverage (2021) ?
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

40.983

Liquidity indicators evolution
HC ET C HUITRES COQUILLAGES ET CRUSTACES

Sector positioning

Liquidity ratio
36.78 2021
2019
2020
2021
Q1: 86.42
Med: 176.93
Q3: 313.83
Watch

In 2021, the liquidity ratio of HC ET C HUITRES COQUILLAG... (36.78) 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
40.98x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.46x
Q3: 3.34x
Excellent

In 2021, the interest coverage of HC ET C HUITRES COQUILLAG... (41.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 201 days. Excellent situation: suppliers finance 197 days of the operating cycle (retail model). Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 17 days of revenue, i.e. 8 k€ to permanently finance. Notable WCR improvement over the period (-94%), freeing up cash.

Operating WCR (2021) ?
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

8 212 €

Customer credit (2021) ?
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

4 j

Supplier credit (2021) ?
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

201 j

Inventory turnover (2021) ?
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

7 j

WCR in days of revenue (2021) ?
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

17 j

WCR and payment terms evolution
HC ET C HUITRES COQUILLAGES ET CRUSTACES

Positioning of HC ET C HUITRES COQUILLAGES ET CRUSTACES in its sector

Comparison with sector Restauration traditionnelle

Valuation estimate

Based on 663 transactions of similar company sales in 2021, the value of HC ET C HUITRES COQUILLAGES ET CRUSTACES is estimated at 71 075 € (range 45 273€ - 120 594€). With an EBITDA of 4 192€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.87x (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.

Estimated enterprise value 2021
663 transactions
45k€ 71k€ 120k€
71 075 € Range: 45 273€ - 120 594€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
4 192 € × 5.7x
Estimation 23 855 €
13 741€ - 44 517€
Revenue Multiple 30%
172 807 € × 0.87x
Estimation 149 775 €
97 828€ - 247 389€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 663 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 (Restauration traditionnelle)

Compare HC ET C HUITRES COQUILLAGES ET CRUSTACES with other companies in the same sector:

Voir toutes les statistiques du secteur Restauration traditionnelle

Frequently asked questions about HC ET C HUITRES COQUILLAGES ET CRUSTACES

What is the revenue of HC ET C HUITRES COQUILLAGES ET CRUSTACES ?

The revenue of HC ET C HUITRES COQUILLAGES ET CRUSTACES in 2021 is 173 k€.

Is HC ET C HUITRES COQUILLAGES ET CRUSTACES profitable?

HC ET C HUITRES COQUILLAGES ET CRUSTACES recorded a net loss in 2021.

Where is the headquarters of HC ET C HUITRES COQUILLAGES ET CRUSTACES ?

The headquarters of HC ET C HUITRES COQUILLAGES ET CRUSTACES is located in PARIS (75015), in the department Paris.

Where to find the tax return of HC ET C HUITRES COQUILLAGES ET CRUSTACES ?

The tax return of HC ET C HUITRES COQUILLAGES ET CRUSTACES 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 HC ET C HUITRES COQUILLAGES ET CRUSTACES operate?

HC ET C HUITRES COQUILLAGES ET CRUSTACES operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.