SIREN : 820556603
HGF is a French company founded 9 years ago, specialized in the sector Gestion de fonds. Based in NANTES (44100), this company of category PME shows in 2024 a revenue of 286 k€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 286 048 € | 288 127 € | 287 721 € | 267 073 € | 246 839 € | 245 205 € | 228 799 € | 117 513 € |
| Net income | 26 814 € | 107 633 € | 49 365 € | 58 922 € | 172 144 € | -18 381 € | 165 792 € | 18 576 € |
| EBITDA | 19 961 € | -3 536 € | -203 € | 3 713 € | 29 820 € | -62 102 € | 39 693 € | 18 899 € |
| Net margin | 9.4% | 37.4% | 17.2% | 22.1% | 69.7% | -7.5% | 72.5% | 15.8% |
In 2024, HGF achieves revenue of 286 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.6%. Slight decline of -1% vs 2023. After deducting consumption (-9 €), gross margin stands at 286 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 20 k€, representing 7.0% of revenue. Positive scissor effect: EBITDA margin improves by +8.2 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 27 k€, i.e. 9.4% of revenue. This profit can be retained or distributed to shareholders.
286 048 €
286 057 €
19 961 €
20 625 €
26 814 €
7.0%
The debt ratio (= Financial debt / Equity x 100) stands at 103%. 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 26.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 8.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
103.241%
48.699%
8.442%
26.105
78.0%
In 2024, the debt ratio of HGF (103.24) 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 HGF (48.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of HGF (26.11) 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 1033.78. 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 145.4x. Operating income very largely covers interest expenses: high safety margin.
1033.783
145.373
In 2024, the liquidity ratio of HGF (1033.78) 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 HGF (145.4x) 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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Overall, WCR represents 18 days of revenue, i.e. 14 k€ to permanently finance. Over 2017-2024, WCR increased by +156%, requiring additional financing.
13 959 €
8 j
13 j
0 j
18 j
Based on 62 transactions of similar company sales
in 2024,
the value of HGF is estimated at
113 644 €
(range 39 663€ - 259 058€).
With an EBITDA of 19 961€, the sector multiple of 4.8x is applied.
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 62 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 HGF with other companies in the same sector:
The revenue of HGF in 2024 is 286 k€.
Yes, HGF generated a net profit of 27 k€ in 2024.
The headquarters of HGF is located in NANTES (44100), in the department Loire-Atlantique.
The tax return of HGF 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).
HGF operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.