HERNES : revenue, balance sheet and financial ratios

HERNES is a French company founded 21 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in PERPIGNAN (66100), this company of category PME shows in 2019 a revenue of 661 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

Financial history - HERNES (SIREN 453620106)
Indicator 2024 2023 2022 2019 2018 2017
Revenue N/C N/C N/C 660 963 € 584 402 € 461 643 €
Net income 18 935 € 20 752 € 5 094 € 24 657 € 21 818 € 18 566 €
EBITDA N/C N/C N/C 69 357 € 83 732 € 52 036 €
Net margin N/C N/C N/C 3.7% 3.7% 4.0%

Revenue and income statement

In 2024, HERNES generates positive net income of 19 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 19 k€ -> 19 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

18 935 €

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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 120%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

120.411%

Financial autonomy (2024) ?
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

14.662%

Solvency indicators evolution
HERNES

Sector positioning

Debt ratio
120.41 2024
2022
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.44
Average +6 pts over 3 years

In 2024, the debt ratio of HERNES (120.41) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
14.66% 2024
2022
2023
2024
Q1: 0.16%
Med: 21.35%
Q3: 49.45%
Average +9 pts over 3 years

In 2024, the financial autonomy of HERNES (14.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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

0 j

WCR and payment terms evolution
HERNES

Positioning of HERNES in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of HERNES is estimated at 232 434 € (range 5 783€ - 685 085€). 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 2024
276 transactions
5k€ 232k€ 685k€
232 434 € Range: 5 783€ - 685 085€
NAF 5 all-time

Valuation method used

Net Income Multiple
18 935 € × 12.3x = 232 434 €
Range: 5 783€ - 685 085€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 courte durée de voitures et de véhicules automobiles légers)

Compare HERNES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about HERNES

What is the revenue of HERNES ?

The revenue of HERNES in 2019 is 661 k€.

Is HERNES profitable?

Yes, HERNES generated a net profit of 19 k€ in 2024.

Where is the headquarters of HERNES ?

The headquarters of HERNES is located in PERPIGNAN (66100), in the department Pyrenees-Orientales.

Where to find the tax return of HERNES ?

The tax return of HERNES 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 HERNES operate?

HERNES operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.