SIREN : 790257778
HORACE PARTNERS is a French company founded 13 years ago, specialized in the sector Activités des agences de publicité. Based in PARIS (75002), this company of category PME shows in 2017 a revenue of 75 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 | 2017 |
|---|---|
| Revenue | 75 000 € |
| Net income | 302 794 € |
| EBITDA | 64 830 € |
| Net margin | 403.7% |
In 2017, HORACE PARTNERS achieves revenue of 75 k€. After deducting consumption (0 €), gross margin stands at 75 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 65 k€, representing 86.4% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 303 k€, i.e. 403.7% of revenue. This profit can be retained or distributed to shareholders.
75 000 €
75 000 €
64 830 €
64 830 €
302 794 €
86.4%
The debt ratio (= Financial debt / Equity x 100) stands at 83%. Debt level is high: negotiating margin with banks is reduced. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 9.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
82.691%
53.059%
50.392%
9.312
In 2017, the debt ratio of HORACE PARTNERS (82.69) 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 2017, the financial autonomy of HORACE PARTNERS (53.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2017, the repayment capacity of HORACE PARTNERS (9.31) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 1750.24. 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 9.0x. Operating income very largely covers interest expenses: high safety margin.
1750.236
9.047
In 2017, the liquidity ratio of HORACE PARTNERS (1750.24) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2017, the interest coverage of HORACE PARTNERS (9.1x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 99 days. Excellent situation: suppliers finance 99 days of the operating cycle (retail model). Overall, WCR represents 138 days of revenue, i.e. 29 k€ to permanently finance.
28 828 €
0 j
99 j
0 j
138 j
Based on 68 transactions of similar company sales
(all years),
the value of HORACE PARTNERS is estimated at
274 574 €
(range 113 673€ - 1 038 896€).
With an EBITDA of 64 830€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.22x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 68 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 HORACE PARTNERS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de publicité
The revenue of HORACE PARTNERS in 2017 is 75 k€.
Yes, HORACE PARTNERS generated a net profit of 303 k€ in 2017.
The headquarters of HORACE PARTNERS is located in PARIS (75002), in the department Paris.
The tax return of HORACE PARTNERS 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).
HORACE PARTNERS operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.