SIREN : 487561425
HIGH TECH 68 is a French company founded 20 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in WITTENHEIM (68270), this company of category PME shows in 2021 a revenue of 974 k€. 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 | 2021 | 2020 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 974 335 € | 586 718 € | 248 388 € | 219 073 € |
| Net income | 19 033 € | 9 340 € | 3 206 € | 2 271 € |
| EBITDA | 29 749 € | 30 898 € | -9 388 € | -16 959 € |
| Net margin | 2.0% | 1.6% | 1.3% | 1.0% |
In 2021, HIGH TECH 68 achieves revenue of 974 k€. Over the period 2017-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +45.2%. Vs 2020, growth of +66% (587 k€ -> 974 k€). After deducting consumption (800 k€), gross margin stands at 174 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 3.1% of revenue. Warning negative scissor effect: despite revenue change (+66%), EBITDA varies by -4%, reducing margin by 2.2 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 19 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.
974 335 €
174 161 €
29 749 €
34 239 €
19 033 €
3.0%
The debt ratio (= Financial debt / Equity x 100) stands at 337%. 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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
336.777%
7.222%
3.019%
2.911
22.5%
In 2021, the debt ratio of HIGH TECH 68 (336.78) 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 2021, the financial autonomy of HIGH TECH 68 (7.2%) 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 2021, the repayment capacity of HIGH TECH 68 (2.91) 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 143.39. 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 1.6x. Coverage is limited: any activity downturn would jeopardize interest payments.
143.386
1.637
In 2021, the liquidity ratio of HIGH TECH 68 (143.39) 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 2021, the interest coverage of HIGH TECH 68 (1.6x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 72 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 71 days of revenue, i.e. 193 k€ to permanently finance. Over 2017-2021, WCR increased by +214%, requiring additional financing.
193 425 €
19 j
56 j
72 j
71 j
Based on 128 transactions of similar company sales in 2021, the value of HIGH TECH 68 is estimated at 82 339 € (range 39 499€ - 222 794€). With an EBITDA of 29 749€, the sector multiple of 1.8x is applied. The price/revenue ratio is 0.16x (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 128 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 HIGH TECH 68 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of HIGH TECH 68 in 2021 is 974 k€.
Yes, HIGH TECH 68 generated a net profit of 19 k€ in 2021.
The headquarters of HIGH TECH 68 is located in WITTENHEIM (68270), in the department Haut-Rhin.
The tax return of HIGH TECH 68 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).
HIGH TECH 68 operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.