Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1958-01-01 (68 years)Status: ActiveBusiness sector: Services des traiteurs Location: PARIS (75008), Paris
HOCHE SELECTION : revenue, balance sheet and financial ratios
HOCHE SELECTION is a French company
founded 68 years ago,
specialized in the sector Services des traiteurs .
Based in PARIS (75008),
this company of category PME
shows in 2023 a revenue of 2.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - HOCHE SELECTION (SIREN 582032181)
Indicator
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
2 596 855 €
13 590 246 €
8 488 302 €
4 462 500 €
13 293 001 €
12 706 730 €
11 248 802 €
11 212 221 €
Net income
-1 369 539 €
3 504 310 €
1 638 696 €
-74 858 €
2 148 619 €
1 500 152 €
1 057 725 €
1 287 863 €
EBITDA
-1 354 419 €
4 506 682 €
1 964 085 €
-903 462 €
3 156 553 €
2 893 237 €
2 093 257 €
2 670 627 €
Net margin
-52.7%
25.8%
19.3%
-1.7%
16.2%
11.8%
9.4%
11.5%
Revenue and income statement
In 2023, HOCHE SELECTION achieves revenue of 2.6 M€. Revenue is declining over the period 2016-2023 (CAGR: -18.9%). Significant drop of -81% vs 2022. After deducting consumption (649 k€), gross margin stands at 1.9 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.4 M€, representing -52.2% of revenue. Warning negative scissor effect: despite revenue change (-81%), EBITDA varies by -130%, reducing margin by 85.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.4 M€ (-52.7% of revenue), which will impact equity.
Revenue (2023)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
2 596 855 €
Gross margin (2023)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 947 534 €
EBITDA (2023)
?
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
-1 354 419 €
EBIT (2023)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-1 334 129 €
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-1 369 539 €
EBITDA margin (2023)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
-52.2%
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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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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 29%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2023)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
29.388%
Financial autonomy (2023)
?
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
52.558%
Cash flow / Revenue (2023)
?
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
-53.518%
Repayment capacity (2023)
?
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
-3.664
Solvency indicators evolution HOCHE SELECTION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
Debt ratio
31.17
19.575
19.597
16.872
35.846
39.217
29.831
29.388
Financial autonomy
55.324
59.15
59.678
63.519
58.607
57.423
63.724
52.558
Repayment capacity
1.637
1.417
1.061
1.033
-7.068
2.806
1.555
-3.664
Cash flow / Revenue
16.361%
13.074%
17.049%
14.612%
-15.359%
24.906%
26.399%
-53.518%
Sector positioning
Debt ratio
29.392023
2021
2022
2023
Q1: 0.0
Med: 26.5
Q3: 99.38
Average
In 2023, the debt ratio of HOCHE SELECTION (29.39) 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
52.56%2023
2021
2022
2023
Q1: 2.29%
Med: 28.0%
Q3: 50.98%
Excellent
In 2023, the financial autonomy of HOCHE SELECTION (52.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
-3.66 years2023
2021
2022
2023
Q1: 0.0 years
Med: 0.06 years
Q3: 1.99 years
Excellent-50 pts over 3 years
In 2023, the repayment capacity of HOCHE SELECTION (-3.66) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.
Liquidity ratio (2023)
?
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
0.0
Interest coverage (2023)
?
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
-2.563
Liquidity indicators evolution HOCHE SELECTION
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
Liquidity ratio
342.442
0.0
0.0
329.051
0.0
0.0
0.0
0.0
Interest coverage
8.705
10.593
7.788
6.135
-11.711
7.274
5.11
-2.563
Sector positioning
Liquidity ratio
0.02023
2021
2022
2023
Q1: 92.41
Med: 160.41
Q3: 277.55
Watch-18 pts over 3 years
In 2023, the liquidity ratio of HOCHE SELECTION (0.00) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
-2.56x2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 2.64x
Watch-50 pts over 3 years
In 2023, the interest coverage of HOCHE SELECTION (-2.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 123 days. Excellent situation: suppliers finance 123 days of the operating cycle (retail model). WCR is negative (-1507 days): operations structurally generate cash. Notable WCR improvement over the period (-563%), freeing up cash.
Operating WCR (2023)
?
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
-10 871 811 €
Customer credit (2023)
?
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 (2023)
?
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
123 j
Inventory turnover (2023)
?
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 (2023)
?
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
-1507 j
WCR and payment terms evolution HOCHE SELECTION
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
Operating WCR
2 349 297 €
-3 702 768 €
-4 134 389 €
4 034 825 €
-4 474 013 €
-4 809 302 €
-5 499 021 €
-10 871 811 €
Inventory turnover (days)
1
0
0
2
0
0
0
0
Customer payment term (days)
36
0
0
24
0
0
0
0
Supplier payment term (days)
64
67
64
55
120
122
50
123
Positioning of HOCHE SELECTION in its sector
Comparison with sector Services des traiteurs
Valuation estimate
Based on 191 transactions of similar company sales
(all years),
the value of HOCHE SELECTION is estimated at
1 652 422 €
(range 981 873€ - 2 336 220€).
The price/revenue ratio is 0.64x
(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.
Estimated enterprise value2023
191 transactions
981k€1652k€2336k€
1 652 422 €Range: 981 873€ - 2 336 220€
NAF 5 all-time
Valuation method used
Revenue Multiple
2 596 855 €
×
0.64x
=1 652 423 €
Range: 981 874€ - 2 336 220€
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 191 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 (Services des traiteurs )
Compare HOCHE SELECTION with other companies in the same sector:
The headquarters of HOCHE SELECTION is located in PARIS (75008), in the department Paris.
Where to find the tax return of HOCHE SELECTION ?
The tax return of HOCHE SELECTION 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 HOCHE SELECTION operate?
HOCHE SELECTION operates in the sector Services des traiteurs (NAF code 56.21Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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