SIREN : 340801901
HERAN is a French company founded 39 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in MILLAU (12100), this company of category PME shows in 2023 a revenue of 298 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 297 660 € | 339 347 € | 254 635 € | 290 209 € | 236 940 € | 217 428 € | 207 175 € | 218 487 € |
| Net income | 20 816 € | 52 982 € | 32 485 € | 47 661 € | 16 356 € | 14 555 € | 16 311 € | 10 506 € |
| EBITDA | 34 491 € | 67 564 € | 41 257 € | 57 000 € | 19 443 € | 17 107 € | 19 711 € | 12 949 € |
| Net margin | 7.0% | 15.6% | 12.8% | 16.4% | 6.9% | 6.7% | 7.9% | 4.8% |
In 2023, HERAN achieves revenue of 298 k€. Revenue is growing positively over 8 years (CAGR: +4.5%). Significant drop of -12% vs 2022. After deducting consumption (162 k€), gross margin stands at 135 k€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 34 k€, representing 11.6% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -49%, reducing margin by 8.3 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 7.0% of revenue. This profit can be retained or distributed to shareholders.
297 660 €
135 312 €
34 491 €
27 981 €
20 816 €
11.6%
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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 9.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
1.442%
1.114%
9.177%
0.0
23.8%
In 2023, the debt ratio of HERAN (1.44) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of HERAN (1.1%) 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 2023, the repayment capacity of HERAN (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 399.05. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
399.052
0.284
In 2023, the liquidity ratio of HERAN (399.05) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of HERAN (0.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 82 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 118 days of revenue, i.e. 98 k€ to permanently finance. Over 2016-2023, WCR increased by +154%, requiring additional financing.
97 585 €
59 j
34 j
82 j
118 j
Based on 98 transactions of similar company sales
(all years),
the value of HERAN is estimated at
112 407 €
(range 29 613€ - 186 851€).
With an EBITDA of 34 491€, the sector multiple of 3.5x is applied.
The price/revenue ratio is 0.36x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 98 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 HERAN with other companies in the same sector:
Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses
The revenue of HERAN in 2023 is 298 k€.
Yes, HERAN generated a net profit of 21 k€ in 2023.
The headquarters of HERAN is located in MILLAU (12100), in the department Aveyron.
The tax return of HERAN 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).
HERAN operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.