HERRMANN FRERES ET FILS IMMEUBLES : revenue, balance sheet and financial ratios

HERRMANN FRERES ET FILS IMMEUBLES is a French company founded 69 years ago, specialized in the sector Agences immobilières. Based in STRASBOURG (67000), this company of category PME shows in 2022 a revenue of 512 k€. 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 - HERRMANN FRERES ET FILS IMMEUBLES (SIREN 578503088)
Indicator 2022 2021 2019 2018 2017 2016
Revenue 511 957 € 3 569 945 € 3 161 430 € 1 993 638 € 2 447 658 € 1 571 968 €
Net income -25 352 € 2 586 235 € 725 961 € 683 254 € 234 184 € 327 960 €
EBITDA -191 258 € 120 833 € 735 003 € 538 988 € 595 834 € 85 979 €
Net margin -5.0% 72.4% 23.0% 34.3% 9.6% 20.9%

Revenue and income statement

In 2022, HERRMANN FRERES ET FILS IMMEUBLES achieves revenue of 512 k€. Revenue is declining over the period 2016-2022 (CAGR: -17.1%). Significant drop of -86% vs 2021. After deducting consumption (0 €), gross margin stands at 512 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -191 k€, representing -37.4% of revenue. Warning negative scissor effect: despite revenue change (-86%), EBITDA varies by -258%, reducing margin by 40.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -25 k€ (-5.0% 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

511 957 €

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

511 957 €

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

-191 258 €

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

-221 048 €

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

-25 352 €

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

-37.0%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 16%. 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 83%. 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 296.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.9% 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

16.499%

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

82.657%

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

0.881%

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

296.662

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

43.1%

Solvency indicators evolution
HERRMANN FRERES ET FILS IMMEUBLES

Sector positioning

Debt ratio
16.5 2022
2019
2021
2022
Q1: 0.02
Med: 16.21
Q3: 78.36
Average -25 pts over 3 years

In 2022, the debt ratio of HERRMANN FRERES ET FILS I... (16.50) 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
82.66% 2022
2019
2021
2022
Q1: 7.62%
Med: 32.76%
Q3: 61.76%
Excellent +21 pts over 3 years

In 2022, the financial autonomy of HERRMANN FRERES ET FILS I... (82.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
296.66 years 2022
2019
2021
2022
Q1: 0.0 years
Med: 0.01 years
Q3: 1.65 years
Average

In 2022, the repayment capacity of HERRMANN FRERES ET FILS I... (296.66) 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 2214.58. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

2214.583

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

-19.705

Liquidity indicators evolution
HERRMANN FRERES ET FILS IMMEUBLES

Sector positioning

Liquidity ratio
2214.58 2022
2019
2021
2022
Q1: 112.52
Med: 195.1
Q3: 419.33
Excellent +25 pts over 3 years

In 2022, the liquidity ratio of HERRMANN FRERES ET FILS I... (2214.58) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-19.7x 2022
2019
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 1.34x
Average -50 pts over 3 years

In 2022, the interest coverage of HERRMANN FRERES ET FILS I... (-19.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 137 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. The gap of 96 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1304 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 4076 days of revenue, i.e. 5.8 M€ to permanently finance. Over 2016-2022, WCR increased by +30%, 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

5 796 874 €

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

137 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

41 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

1304 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

4076 j

WCR and payment terms evolution
HERRMANN FRERES ET FILS IMMEUBLES

Positioning of HERRMANN FRERES ET FILS IMMEUBLES in its sector

Comparison with sector Agences immobilières

Valuation estimate

Based on 98 transactions of similar company sales in 2022, the value of HERRMANN FRERES ET FILS IMMEUBLES is estimated at 153 732 € (range 86 738€ - 279 506€). The price/revenue ratio is 0.30x (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.

Estimated enterprise value 2022
98 tx
86k€ 153k€ 279k€
153 732 € Range: 86 738€ - 279 506€
NAF 5 année 2022

Valuation method used

Revenue Multiple
511 957 € × 0.30x = 153 733 €
Range: 86 738€ - 279 506€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

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.

  • 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 (Agences immobilières)

Compare HERRMANN FRERES ET FILS IMMEUBLES with other companies in the same sector:

Voir toutes les statistiques du secteur Agences immobilières

Frequently asked questions about HERRMANN FRERES ET FILS IMMEUBLES

What is the revenue of HERRMANN FRERES ET FILS IMMEUBLES ?

The revenue of HERRMANN FRERES ET FILS IMMEUBLES in 2022 is 512 k€.

Is HERRMANN FRERES ET FILS IMMEUBLES profitable?

HERRMANN FRERES ET FILS IMMEUBLES recorded a net loss in 2022.

Where is the headquarters of HERRMANN FRERES ET FILS IMMEUBLES ?

The headquarters of HERRMANN FRERES ET FILS IMMEUBLES is located in STRASBOURG (67000), in the department Bas-Rhin.

Where to find the tax return of HERRMANN FRERES ET FILS IMMEUBLES ?

The tax return of HERRMANN FRERES ET FILS IMMEUBLES 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 HERRMANN FRERES ET FILS IMMEUBLES operate?

HERRMANN FRERES ET FILS IMMEUBLES operates in the sector Agences immobilières (NAF code 68.31Z). See the 'Sector positioning' section above to compare the company with its competitors.