SIREN : 879163277
HGS is a French company founded 6 years ago, specialized in the sector Hôtels et hébergement similaire . Based in SEIGNOSSE (40510), this company of category ETI shows in 2024 a revenue of 2.3 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 |
|---|---|---|---|---|
| Revenue | 2 294 672 € | 2 483 769 € | 2 256 933 € | 1 586 260 € |
| Net income | -168 573 € | -68 063 € | -266 886 € | -135 531 € |
| EBITDA | 307 604 € | 489 349 € | 220 915 € | 155 242 € |
| Net margin | -7.3% | -2.7% | -11.8% | -8.5% |
In 2024, HGS achieves revenue of 2.3 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.1%. Slight decline of -8% vs 2023. After deducting consumption (202 k€), gross margin stands at 2.1 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 308 k€, representing 13.4% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -37%, reducing margin by 6.3 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -169 k€ (-7.3% of revenue), which will impact equity.
2 294 672 €
2 092 597 €
307 604 €
-9 711 €
-168 573 €
13.4%
The debt ratio (= Financial debt / Equity x 100) stands at 610%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 36.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
610.435%
12.692%
6.239%
36.391
82.6%
In 2024, the debt ratio of HGS (610.43) 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 HGS (12.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of HGS (36.39) 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 59.91. 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 44.8x. Operating income very largely covers interest expenses: high safety margin.
59.915
44.849
In 2024, the liquidity ratio of HGS (59.91) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of HGS (44.9x) 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: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 112 days. Excellent situation: suppliers finance 86 days of the operating cycle (retail model). Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 31 days of revenue, i.e. 197 k€ to permanently finance. Notable WCR improvement over the period (-48%), freeing up cash.
197 089 €
26 j
112 j
9 j
31 j
Based on 99 transactions of similar company sales
in 2024,
the value of HGS is estimated at
1 385 453 €
(range 446 988€ - 2 652 425€).
With an EBITDA of 307 604€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.54x
(in line with sector norms).
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 99 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 HGS with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of HGS in 2024 is 2.3 M€.
HGS recorded a net loss in 2024.
The headquarters of HGS is located in SEIGNOSSE (40510), in the department Landes.
The tax return of HGS 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).
HGS operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.