SIREN : 508601648
HERDEGEN is a French company founded 17 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in PARIS 15 (75015), this company of category ETI shows in 2023 a revenue of 32.4 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32 351 866 € | 30 442 581 € | 25 272 053 € | 24 693 807 € | 23 425 501 € | 23 909 712 € | 22 121 665 € | 21 996 360 € |
| Net income | 1 429 273 € | 738 018 € | 879 501 € | 271 644 € | 608 783 € | 827 698 € | 584 488 € | 365 661 € |
| EBITDA | 2 700 419 € | 1 787 687 € | 410 424 € | 806 245 € | 644 217 € | 1 714 798 € | 786 744 € | 459 664 € |
| Net margin | 4.4% | 2.4% | 3.5% | 1.1% | 2.6% | 3.5% | 2.6% | 1.7% |
In 2023, HERDEGEN achieves revenue of 32.4 M€. Revenue is growing positively over 8 years (CAGR: +4.9%). Vs 2022: +6%. After deducting consumption (13.5 M€), gross margin stands at 18.8 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.7 M€, representing 8.3% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.
32 351 866 €
18 826 731 €
2 700 419 €
1 847 047 €
1 429 273 €
8.3%
The debt ratio (= Financial debt / Equity x 100) stands at 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 52%. 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 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
42.911%
51.525%
6.238%
2.63
26.5%
In 2023, the debt ratio of HERDEGEN (42.91) 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 2023, the financial autonomy of HERDEGEN (51.5%) 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.
In 2023, the repayment capacity of HERDEGEN (2.63) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 392.94. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
392.941
0.604
In 2023, the liquidity ratio of HERDEGEN (392.94) 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 HERDEGEN (0.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 94 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 151 days of revenue, i.e. 13.6 M€ to permanently finance. Over 2015-2023, WCR increased by +77%, requiring additional financing.
13 565 137 €
55 j
48 j
94 j
151 j
Based on 57 transactions of similar company sales
(all years),
the value of HERDEGEN is estimated at
6 500 514 €
(range 1 899 200€ - 12 663 225€).
With an EBITDA of 2 700 419€, the sector multiple of 2.5x is applied.
The price/revenue ratio is 0.23x
(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 57 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 HERDEGEN with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire
The revenue of HERDEGEN in 2023 is 32.4 M€.
Yes, HERDEGEN generated a net profit of 1.4 M€ in 2023.
The headquarters of HERDEGEN is located in PARIS 15 (75015), in the department Paris.
The tax return of HERDEGEN 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).
HERDEGEN operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.