Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2015-03-01 (11 years)Status: ActiveBusiness sector: Commerce et réparation de motocyclesLocation: VERT-SAINT-DENIS (77240), Seine-et-Marne
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
HIGHWAY 2 HEAVEN : revenue, balance sheet and financial ratios
HIGHWAY 2 HEAVEN is a French company
founded 11 years ago,
specialized in the sector Commerce et réparation de motocycles.
Based in VERT-SAINT-DENIS (77240),
this company of category PME
shows in 2021 a revenue of 2.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - HIGHWAY 2 HEAVEN (SIREN 809919475)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
N/C
2 921 728 €
N/C
N/C
N/C
N/C
N/C
Net income
36 350 €
69 245 €
-23 945 €
-24 678 €
28 014 €
51 338 €
75 628 €
6 697 €
116 171 €
EBITDA
N/C
N/C
N/C
14 786 €
N/C
N/C
N/C
N/C
N/C
Net margin
N/C
N/C
N/C
-0.8%
N/C
N/C
N/C
N/C
N/C
Revenue and income statement
In 2024, HIGHWAY 2 HEAVEN generates positive net income of 36 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 116 k€ -> 36 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
36 350 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 100%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
99.554%
Financial autonomy (2024)
?
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
29.292%
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
-6156.521
-25684.854
529.321
279.16
409.387
440.306
454.171
180.466
99.554
Financial autonomy
-0.829
-0.162
5.981
12.394
11.988
10.967
9.525
19.413
29.292
Repayment capacity
None
None
None
None
None
280.71
None
None
None
Cash flow / Revenue
None%
None%
None%
None%
None%
0.069%
None%
None%
None%
Sector positioning
Debt ratio
99.552024
2022
2023
2024
Q1: 7.73
Med: 34.51
Q3: 99.55
Average
In 2024, the debt ratio of HIGHWAY 2 HEAVEN (99.55) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
29.29%2024
2022
2023
2024
Q1: 18.65%
Med: 38.73%
Q3: 59.85%
Average+14 pts over 3 years
In 2024, the financial autonomy of HIGHWAY 2 HEAVEN (29.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 228.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
228.987
Liquidity indicators evolution HIGHWAY 2 HEAVEN
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
155.722
135.087
135.215
159.088
234.228
228.555
201.41
209.43
228.987
Interest coverage
None
None
None
None
None
31.733
None
None
None
Sector positioning
Liquidity ratio
228.992024
2022
2023
2024
Q1: 160.09
Med: 227.3
Q3: 352.06
Good+8 pts over 3 years
In 2024, the liquidity ratio of HIGHWAY 2 HEAVEN (228.99) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
?
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
0 €
Customer credit (2024)
?
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
0 j
Supplier credit (2024)
?
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
0 j
Inventory turnover (2024)
?
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
0 j
WCR and payment terms evolution HIGHWAY 2 HEAVEN
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
0 €
0 €
0 €
0 €
514 750 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
77
0
0
0
Customer payment term (days)
0
0
0
0
0
2
0
0
0
Supplier payment term (days)
0
0
0
0
0
43
0
0
0
Positioning of HIGHWAY 2 HEAVEN in its sector
Comparison with sector Commerce et réparation de motocycles
Valuation estimate
Based on 137 transactions of similar company sales
(all years),
the value of HIGHWAY 2 HEAVEN is estimated at
93 559 €
(range 55 837€ - 244 616€).
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.
Estimated enterprise value2024
137 transactions
55k€93k€244k€
93 559 €Range: 55 837€ - 244 616€
NAF 5 all-time
Valuation method used
Net Income Multiple
36 350 €
×
2.6x
=93 559 €
Range: 55 838€ - 244 616€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 137 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 (Commerce et réparation de motocycles)
Compare HIGHWAY 2 HEAVEN with other companies in the same sector:
The revenue of HIGHWAY 2 HEAVEN in 2021 is 2.9 M€.
Is HIGHWAY 2 HEAVEN profitable?
Yes, HIGHWAY 2 HEAVEN generated a net profit of 36 k€ in 2024.
Where is the headquarters of HIGHWAY 2 HEAVEN ?
The headquarters of HIGHWAY 2 HEAVEN is located in VERT-SAINT-DENIS (77240), in the department Seine-et-Marne.
Where to find the tax return of HIGHWAY 2 HEAVEN ?
The tax return of HIGHWAY 2 HEAVEN 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 HIGHWAY 2 HEAVEN operate?
HIGHWAY 2 HEAVEN operates in the sector Commerce et réparation de motocycles (NAF code 45.40Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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