HJ INVESTISSEMENTS : revenue, balance sheet and financial ratios

HJ INVESTISSEMENTS is a French company founded 14 years ago, specialized in the sector Gestion de fonds. Based in SURVILLIERS (95470), this company of category PME shows in 2020 a revenue of 786 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - HJ INVESTISSEMENTS (SIREN 533566691)
Indicator 2020 2019 2018 2017 2016
Revenue 785 630 € 966 385 € 799 799 € 785 585 € 754 179 €
Net income 13 236 € 130 453 € 186 955 € 173 136 € 42 209 €
EBITDA 15 321 € 205 509 € 199 981 € 276 278 € 235 500 €
Net margin 1.7% 13.5% 23.4% 22.0% 5.6%

Revenue and income statement

En 2020, HJ INVESTISSEMENTS alcanza unos ingresos de 786 k€. Los ingresos crecen positivamente durante 5 años (TCAC: +1.0%). Caída significativa de -19% vs 2019. Tras deducir el consumo (0 €), el margen bruto se sitúa en 786 k€, es decir, una tasa del 100%. El EBITDA alcanza 15 k€, representando el 2.0% de los ingresos. Advertencia efecto tijera negativo: a pesar del cambio en ingresos (-19%), el EBITDA varía en -93%, reduciendo el margen en 19.3 puntos. El margen operativo sigue siendo frágil, requiriendo vigilancia de costes. El resultado neto asciende a 13 k€, es decir, el 1.7% de los ingresos.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

785 630 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

785 630 €

EBITDA (2020) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

15 321 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-40 128 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

13 236 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.9%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 32%. La deuda permanece bajo control. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 61%. Esta alta autonomía significa que la empresa financia la mayoría de sus activos con fondos propios. La capacidad de reembolso indica que se necesitarían 10.3 años de flujo de caja. Más allá de 7 años, los bancos generalmente consideran el riesgo crediticio como alto. El flujo de caja representa el 8.4% de los ingresos. Nivel satisfactorio que permite financiar parcialmente el crecimiento.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

32.197%

Financial autonomy (2020) ?
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

60.565%

Cash flow / Revenue (2020) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

8.381%

Repayment capacity (2020) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

10.322

Asset age ratio (2020) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

65.8%

Solvency indicators evolution
HJ INVESTISSEMENTS

Sector positioning

Ratio de endeudamiento
32.2 2020
2018
2019
2020
Q1: 0.02
Med: 16.6
Q3: 133.78
Average +26 pts over 3 years

En 2020, el ratio de endeudamiento de HJ INVESTISSEMENTS (32.20) se sitúa por encima de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Un esfuerzo de reducción podría mejorar la solidez financiera.

Autonomía financiera
60.56% 2020
2018
2019
2020
Q1: 13.81%
Med: 53.14%
Q3: 87.85%
Bueno -12 pts over 3 years

En 2020, el autonomía financiera de HJ INVESTISSEMENTS (60.6%) se sitúa por encima de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Esta posición cómoda ofrece un margen de seguridad apreciable.

Capacidad de reembolso
10.32 ans 2020
2018
2019
2020
Q1: -0.32 ans
Med: 0.0 ans
Q3: 3.81 ans
Average +24 pts over 3 years

En 2020, el capacidad de reembolso de HJ INVESTISSEMENTS (10.3 ans) se sitúa por encima de la mediana del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Un esfuerzo de reducción podría mejorar la solidez financiera.

Liquidity ratios

El ratio de liquidez se sitúa en 217.91. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 7.5x. El resultado de explotación cubre muy ampliamente los gastos financieros.

Liquidity ratio (2020) ?
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

217.906

Interest coverage (2020) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

7.519

Liquidity indicators evolution
HJ INVESTISSEMENTS

Sector positioning

Ratio de liquidez
217.91 2020
2018
2019
2020
Q1: 100.23
Med: 355.0
Q3: 2017.32
Average +12 pts over 3 years

En 2020, el ratio de liquidez de HJ INVESTISSEMENTS (217.91) se sitúa por debajo de la mediana del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Una mejora fortalecería la posición competitiva.

Cobertura de intereses
7.52x 2020
2018
2019
2020
Q1: -45.81x
Med: 0.0x
Q3: 0.0x
Excelente

En 2020, el cobertura de intereses de HJ INVESTISSEMENTS (7.5x) se sitúa en el top 25% del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Alta cobertura significa que los gastos financieros pesan poco en la rentabilidad.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 180 días. Plazo proveedores: 76 días. El desfase de 104 días pesa sobre la tesorería. El FM representa 356 días de ingresos. En 2016-2020, el FM aumentó en +1831%.

Operating WCR (2020) ?
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

777 640 €

Customer credit (2020) ?
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

180 j

Supplier credit (2020) ?
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

76 j

Inventory turnover (2020) ?
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 in days of revenue (2020) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

356 j

WCR and payment terms evolution
HJ INVESTISSEMENTS

Positioning of HJ INVESTISSEMENTS in its sector

Comparison with sector Gestion de fonds

Valuation estimate

Based on 54 transactions of similar company sales in 2020, the value of HJ INVESTISSEMENTS is estimated at 206 784 € (range 106 493€ - 307 078€). With an EBITDA of 15 321€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.66x (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.

Estimated enterprise value 2020
54 tx
106k€ 206k€ 307k€
206 784 € Range: 106 493€ - 307 078€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
15 321 € × 4.2x
Estimation 64 220 €
36 471€ - 147 696€
Revenue Multiple 30%
785 630 € × 0.66x
Estimation 515 667 €
268 380€ - 655 125€
Net Income Multiple 20%
13 236 € × 7.5x
Estimation 99 870 €
38 721€ - 183 467€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 54 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 (Gestion de fonds)

Compare HJ INVESTISSEMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion de fonds

Frequently asked questions about HJ INVESTISSEMENTS

What is the revenue of HJ INVESTISSEMENTS ?

The revenue of HJ INVESTISSEMENTS in 2020 is 786 k€.

Is HJ INVESTISSEMENTS profitable?

Yes, HJ INVESTISSEMENTS generated a net profit of 13 k€ in 2020.

Where is the headquarters of HJ INVESTISSEMENTS ?

The headquarters of HJ INVESTISSEMENTS is located in SURVILLIERS (95470), in the department Val-d'Oise.

Where to find the tax return of HJ INVESTISSEMENTS ?

The tax return of HJ INVESTISSEMENTS 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 HJ INVESTISSEMENTS operate?

HJ INVESTISSEMENTS operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.