SIREN : 908228315
HD-MAX is a French company founded 4 years ago, specialized in the sector Activités des sièges sociaux. Based in CLICHY (92110), this company of category ETI shows in 2024 a revenue of 2.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 2 028 221 € | 1 744 688 € | 304 708 € |
| Net income | -3 958 967 € | 1 946 716 € | 7 734 € |
| EBITDA | 36 306 € | 53 809 € | 9 432 € |
| Net margin | -195.2% | 111.6% | 2.5% |
In 2024, HD-MAX achieves revenue of 2.0 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +158.0%. Vs 2023, growth of +16% (1.7 M€ -> 2.0 M€). After deducting consumption (0 €), gross margin stands at 2.0 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 36 k€, representing 1.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -4.0 M€ (-195.2% of revenue), which will impact equity.
2 028 221 €
2 028 221 €
36 306 €
41 213 €
-3 958 967 €
1.8%
The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
26.244%
77.762%
-16.715%
-29.847
92.1%
In 2024, the debt ratio of HD-MAX (26.24) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of HD-MAX (77.8%) 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.
In 2024, the repayment capacity of HD-MAX (-29.85) 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 80.61. 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 11501.8x. Operating income very largely covers interest expenses: high safety margin.
80.609
11501.818
In 2024, the liquidity ratio of HD-MAX (80.61) 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 2024, the interest coverage of HD-MAX (11501.8x) 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: 93 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 71 days. The company must finance 22 days of gap between collections and payments. WCR is negative (-8 days): operations structurally generate cash. Notable WCR improvement over the period (-155%), freeing up cash.
-46 690 €
93 j
71 j
0 j
-8 j
Based on 103 transactions of similar company sales in 2024, the value of HD-MAX is estimated at 401 376 € (range 156 545€ - 768 931€). With an EBITDA of 36 306€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 103 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 HD-MAX with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of HD-MAX in 2024 is 2.0 M€.
HD-MAX recorded a net loss in 2024.
The headquarters of HD-MAX is located in CLICHY (92110), in the department Hauts-de-Seine.
The tax return of HD-MAX 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).
HD-MAX operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.