HFB - HIRAM FORETS ET BOIS : revenue, balance sheet and financial ratios

HFB - HIRAM FORETS ET BOIS is a French company founded 19 years ago, specialized in the sector Collecte des déchets non dangereux. Based in WALDHAMBACH (67430), this company of category PME shows in 2023 a revenue of 2.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - HFB - HIRAM FORETS ET BOIS (SIREN 494011729)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 003 156 € N/C 1 949 773 € 2 475 608 € 3 094 227 € 2 818 277 € 2 719 635 € 3 050 773 €
Net income 4 611 € 136 457 € -30 180 € 80 332 € 76 063 € 53 173 € 104 292 € 102 258 €
EBITDA 51 918 € N/C -20 452 € 114 244 € 134 092 € 95 286 € 105 468 € 124 411 €
Net margin 0.2% N/C -1.5% 3.2% 2.5% 1.9% 3.8% 3.4%

Revenue and income statement

In 2023, HFB - HIRAM FORETS ET BOIS achieves revenue of 2.0 M€. Revenue is declining over the period 2016-2023 (CAGR: -5.8%). After deducting consumption (781 k€), gross margin stands at 1.2 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 52 k€, representing 2.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 0.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 003 156 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 222 434 €

EBITDA (2023) ?
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

51 918 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

47 880 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

4 611 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.6%

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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 272%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

272.187%

Financial autonomy (2023) ?
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

20.085%

Cash flow / Revenue (2023) ?
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

-5.872%

Repayment capacity (2023) ?
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

-13.389

Asset age ratio (2023) ?
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

99.5%

Solvency indicators evolution
HFB - HIRAM FORETS ET BOIS

Sector positioning

Debt ratio
272.19 2023
2021
2022
2023
Q1: 0.09
Med: 20.1
Q3: 72.57
Watch +14 pts over 3 years

In 2023, the debt ratio of HFB - HIRAM FORETS ET BOIS (272.19) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
20.09% 2023
2021
2022
2023
Q1: 13.5%
Med: 31.24%
Q3: 49.52%
Average -20 pts over 3 years

In 2023, the financial autonomy of HFB - HIRAM FORETS ET BOIS (20.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-13.39 years 2023
2021
2023
Q1: 0.0 years
Med: 0.14 years
Q3: 1.72 years
Excellent

In 2023, the repayment capacity of HFB - HIRAM FORETS ET BOIS (-13.39) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 263.61. 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 67.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

263.614

Interest coverage (2023) ?
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

67.757

Liquidity indicators evolution
HFB - HIRAM FORETS ET BOIS

Sector positioning

Liquidity ratio
263.61 2023
2021
2022
2023
Q1: 118.48
Med: 161.89
Q3: 256.75
Excellent +13 pts over 3 years

In 2023, the liquidity ratio of HFB - HIRAM FORETS ET BOIS (263.61) 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
67.76x 2023
2021
2023
Q1: 0.0x
Med: 0.46x
Q3: 5.26x
Excellent +52 pts over 2 years

In 2023, the interest coverage of HFB - HIRAM FORETS ET BOIS (67.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. Excellent situation: suppliers finance 51 days of the operating cycle (retail model). Inventory turnover is 202 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 218 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2016-2023, WCR increased by +43%, requiring additional financing.

Operating WCR (2023) ?
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

1 212 270 €

Customer credit (2023) ?
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

28 j

Supplier credit (2023) ?
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

79 j

Inventory turnover (2023) ?
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

202 j

WCR in days of revenue (2023) ?
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

218 j

WCR and payment terms evolution
HFB - HIRAM FORETS ET BOIS

Positioning of HFB - HIRAM FORETS ET BOIS in its sector

Comparison with sector Collecte des déchets non dangereux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 106 136€ to 165 830€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
106k€ 115k€ 165k€
115 838 € Range: 106 136€ - 165 830€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Collecte des déchets non dangereux)

Compare HFB - HIRAM FORETS ET BOIS with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about HFB - HIRAM FORETS ET BOIS

What is the revenue of HFB - HIRAM FORETS ET BOIS ?

The revenue of HFB - HIRAM FORETS ET BOIS in 2023 is 2.0 M€.

Is HFB - HIRAM FORETS ET BOIS profitable?

Yes, HFB - HIRAM FORETS ET BOIS generated a net profit of 5 k€ in 2023.

Where is the headquarters of HFB - HIRAM FORETS ET BOIS ?

The headquarters of HFB - HIRAM FORETS ET BOIS is located in WALDHAMBACH (67430), in the department Bas-Rhin.

Where to find the tax return of HFB - HIRAM FORETS ET BOIS ?

The tax return of HFB - HIRAM FORETS ET BOIS 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 HFB - HIRAM FORETS ET BOIS operate?

HFB - HIRAM FORETS ET BOIS operates in the sector Collecte des déchets non dangereux (NAF code 38.11Z). See the 'Sector positioning' section above to compare the company with its competitors.