SIREN : 839473493
HG DEVELOPMENT is a French company founded 8 years ago, specialized in the sector Activités des sièges sociaux. Based in ASNIERES-SUR-SEINE (92600), this company of category PME shows in 2024 a revenue of 4.6 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 4 572 385 € | 4 342 571 € | 3 462 754 € | 1 845 115 € | 1 938 338 € | 204 946 € | N/C |
| Net income | 172 783 € | 406 839 € | 469 425 € | -296 083 € | -260 349 € | -370 494 € | -6 555 € |
| EBITDA | 327 768 € | 685 100 € | 693 004 € | 36 233 € | 118 368 € | -195 241 € | -6 555 € |
| Net margin | 3.8% | 9.4% | 13.6% | -16.0% | -13.4% | -180.8% | N/C |
In 2024, HG DEVELOPMENT achieves revenue of 4.6 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +86.1%. Vs 2023: +5%. After deducting consumption (74 k€), gross margin stands at 4.5 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 328 k€, representing 7.2% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -52%, reducing margin by 8.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 173 k€, i.e. 3.8% of revenue. This profit can be retained or distributed to shareholders.
4 572 385 €
4 498 190 €
327 768 €
870 596 €
172 783 €
7.2%
The debt ratio (= Financial debt / Equity x 100) stands at 88%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 49%. 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 19.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 13.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
88.334%
49.412%
13.947%
19.446
66.0%
In 2024, the debt ratio of HG DEVELOPMENT (88.33) 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 2024, the financial autonomy of HG DEVELOPMENT (49.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of HG DEVELOPMENT (19.45) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 527.11. 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 276.1x. Operating income very largely covers interest expenses: high safety margin.
527.112
276.137
In 2024, the liquidity ratio of HG DEVELOPMENT (527.11) 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 2024, the interest coverage of HG DEVELOPMENT (276.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 246 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. The gap of 187 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 564 days of revenue, i.e. 7.2 M€ to permanently finance.
7 160 263 €
246 j
59 j
0 j
564 j
Based on 103 transactions of similar company sales in 2024, the value of HG DEVELOPMENT is estimated at 1 671 097 € (range 501 643€ - 3 294 925€). With an EBITDA of 327 768€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 103 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 HG DEVELOPMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of HG DEVELOPMENT in 2024 is 4.6 M€.
Yes, HG DEVELOPMENT generated a net profit of 173 k€ in 2024.
The headquarters of HG DEVELOPMENT is located in ASNIERES-SUR-SEINE (92600), in the department Hauts-de-Seine.
The tax return of HG DEVELOPMENT 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).
HG DEVELOPMENT operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.