HERMEY VEHICULES INDUSTRIELS : revenue, balance sheet and financial ratios

HERMEY VEHICULES INDUSTRIELS is a French company now closed founded 35 years ago, formerly specialized in the sector Location de terrains et d'autres biens immobiliers. Based in VARENNES-SOUS-DUN (71800), this company of category PME shows in 2022 a revenue of 3.6 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

Financial history - HERMEY VEHICULES INDUSTRIELS (SIREN 380195685)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 3 559 266 € N/C 4 294 901 € N/C N/C N/C 4 362 279 €
Net income -105 782 € -134 037 € -89 383 € 128 737 € 44 765 € -90 402 € -165 604 €
EBITDA 82 390 € N/C 8 466 € N/C N/C N/C -67 693 €
Net margin -3.0% N/C -2.1% N/C N/C N/C -3.8%

Revenue and income statement

In 2022, HERMEY VEHICULES INDUSTRIELS achieves revenue of 3.6 M€. Activity remains stable over the period (CAGR: -3.3%). After deducting consumption (2.0 M€), gross margin stands at 1.6 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 82 k€, representing 2.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -106 k€ (-3.0% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 559 266 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 594 773 €

EBITDA (2022) ?
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

82 390 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-23 220 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-105 782 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.3%

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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 5%. 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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

5.255%

Financial autonomy (2022) ?
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

32.539%

Cash flow / Revenue (2022) ?
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

0.418%

Repayment capacity (2022) ?
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

2.243

Asset age ratio (2022) ?
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

14.4%

Solvency indicators evolution
HERMEY VEHICULES INDUSTRIELS

Sector positioning

Debt ratio
5.25 2022
2020
2021
2022
Q1: -72.48
Med: 11.45
Q3: 180.83
Good

In 2022, the debt ratio of HERMEY VEHICULES INDUSTRIELS (5.25) 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
32.54% 2022
2020
2021
2022
Q1: 1.96%
Med: 38.53%
Q3: 82.82%
Average

In 2022, the financial autonomy of HERMEY VEHICULES INDUSTRIELS (32.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.24 years 2022
2020
2022
Q1: -0.01 years
Med: 0.67 years
Q3: 10.41 years
Average +29 pts over 2 years

In 2022, the repayment capacity of HERMEY VEHICULES INDUSTRIELS (2.24) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 138.68. 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 4.3x. Financial charges are adequately covered by operations.

Liquidity ratio (2022) ?
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

138.68

Interest coverage (2022) ?
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

4.255

Liquidity indicators evolution
HERMEY VEHICULES INDUSTRIELS

Sector positioning

Liquidity ratio
138.68 2022
2020
2021
2022
Q1: 88.23
Med: 269.82
Q3: 1093.34
Average -7 pts over 3 years

In 2022, the liquidity ratio of HERMEY VEHICULES INDUSTRIELS (138.68) 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.

Interest coverage
4.25x 2022
2020
2022
Q1: 0.0x
Med: 0.0x
Q3: 13.79x
Good -17 pts over 2 years

In 2022, the interest coverage of HERMEY VEHICULES INDUSTRIELS (4.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 136 days. Excellent situation: suppliers finance 95 days of the operating cycle (retail model). Inventory turnover is 77 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 114 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2022, WCR increased by +23%, requiring additional financing.

Operating WCR (2022) ?
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

1 129 640 €

Customer credit (2022) ?
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

41 j

Supplier credit (2022) ?
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

136 j

Inventory turnover (2022) ?
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

77 j

WCR in days of revenue (2022) ?
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

114 j

WCR and payment terms evolution
HERMEY VEHICULES INDUSTRIELS

Positioning of HERMEY VEHICULES INDUSTRIELS in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 241 transactions of similar company sales in 2022, the value of HERMEY VEHICULES INDUSTRIELS is estimated at 1 069 559 € (range 476 681€ - 2 942 960€). With an EBITDA of 82 390€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.68x (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 2022
241 transactions
476k€ 1069k€ 2942k€
1 069 559 € Range: 476 681€ - 2 942 960€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
82 390 € × 3.3x
Estimation 269 453 €
110 337€ - 599 323€
Revenue Multiple 30%
3 559 266 € × 0.68x
Estimation 2 403 070 €
1 087 256€ - 6 849 023€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 241 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 (Location de terrains et d'autres biens immobiliers)

Compare HERMEY VEHICULES INDUSTRIELS with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about HERMEY VEHICULES INDUSTRIELS

What is the revenue of HERMEY VEHICULES INDUSTRIELS ?

The revenue of HERMEY VEHICULES INDUSTRIELS in 2022 is 3.6 M€.

Is HERMEY VEHICULES INDUSTRIELS profitable?

HERMEY VEHICULES INDUSTRIELS recorded a net loss in 2022.

Where is the headquarters of HERMEY VEHICULES INDUSTRIELS ?

The headquarters of HERMEY VEHICULES INDUSTRIELS is located in VARENNES-SOUS-DUN (71800), in the department Saone-et-Loire.

Where to find the tax return of HERMEY VEHICULES INDUSTRIELS ?

The tax return of HERMEY VEHICULES INDUSTRIELS 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 HERMEY VEHICULES INDUSTRIELS operate?

HERMEY VEHICULES INDUSTRIELS operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.