HORIZON PHOTOVOLTAIQUE 1 : revenue, balance sheet and financial ratios

HORIZON PHOTOVOLTAIQUE 1 is a French company founded 6 years ago, specialized in the sector Gestion de fonds. Based in PARIS (75010), this company of category GE shows in 2023 a revenue of 2 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

Financial history - HORIZON PHOTOVOLTAIQUE 1 (SIREN 882590839)
Indicator 2023 2022 2021
Revenue 2 500 € 2 500 € 2 500 €
Net income 0 € -182 € 190 €
EBITDA N/C -182 € 224 €
Net margin 0.0% -7.3% 7.6%

Revenue and income statement

In 2023, HORIZON PHOTOVOLTAIQUE 1 achieves revenue of 2 k€. Activity remains stable over the period (CAGR: 0.0%). Slight decline of 0% vs 2022. After deducting consumption (0 €), gross margin stands at 2 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. Net income is negative at 0 € (0.0% 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

2 500 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 500 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 95%. 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

0.0%

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

95.006%

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

0.0%

Solvency indicators evolution
HORIZON PHOTOVOLTAIQUE 1

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 0.0
Med: 10.76
Q3: 105.67
Excellent

In 2023, the debt ratio of HORIZON PHOTOVOLTAIQUE 1 (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
95.01% 2023
2021
2022
2023
Q1: 7.73%
Med: 49.42%
Q3: 87.29%
Excellent

In 2023, the financial autonomy of HORIZON PHOTOVOLTAIQUE 1 (95.0%) 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
0.0 years 2022
2021
2022
Q1: -0.05 years
Med: 0.0 years
Q3: 3.2 years
Good

In 2022, the repayment capacity of HORIZON PHOTOVOLTAIQUE 1 (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 103.70. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

103.7

Liquidity indicators evolution
HORIZON PHOTOVOLTAIQUE 1

Sector positioning

Liquidity ratio
103.7 2023
2021
2022
2023
Q1: 99.49
Med: 452.76
Q3: 2885.03
Average

In 2023, the liquidity ratio of HORIZON PHOTOVOLTAIQUE 1 (103.70) 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.

Interest coverage
0.0x 2022
2021
2022
Q1: -46.6x
Med: 0.0x
Q3: 0.0x
Good

In 2022, the interest coverage of HORIZON PHOTOVOLTAIQUE 1 (0.0x) 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) 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: 347 days. Excellent situation: suppliers finance 347 days of the operating cycle (retail model). Overall, WCR represents 72 days of revenue, i.e. 501 € to permanently finance. Over 2021-2023, WCR increased by +49%, requiring additional financing.

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

501 €

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

347 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

72 j

WCR and payment terms evolution
HORIZON PHOTOVOLTAIQUE 1

Positioning of HORIZON PHOTOVOLTAIQUE 1 in its sector

Comparison with sector Gestion de fonds

Valuation estimate

Based on 77 transactions of similar company sales in 2023, the value of HORIZON PHOTOVOLTAIQUE 1 is estimated at 1 256 € (range 839€ - 1 962€). The price/revenue ratio is 0.50x (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 2023
77 tx
0k€ 1k€ 1k€
1 256 € Range: 839€ - 1 962€
NAF 5 année 2023

Valuation method used

Revenue Multiple
2 500 € × 0.50x = 1 256 €
Range: 839€ - 1 962€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 77 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 HORIZON PHOTOVOLTAIQUE 1 with other companies in the same sector:

Frequently asked questions about HORIZON PHOTOVOLTAIQUE 1

What is the revenue of HORIZON PHOTOVOLTAIQUE 1 ?

The revenue of HORIZON PHOTOVOLTAIQUE 1 in 2023 is 2 k€.

Is HORIZON PHOTOVOLTAIQUE 1 profitable?

HORIZON PHOTOVOLTAIQUE 1 recorded a net loss in 2022.

Where is the headquarters of HORIZON PHOTOVOLTAIQUE 1 ?

The headquarters of HORIZON PHOTOVOLTAIQUE 1 is located in PARIS (75010), in the department Paris.

Where to find the tax return of HORIZON PHOTOVOLTAIQUE 1 ?

The tax return of HORIZON PHOTOVOLTAIQUE 1 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 HORIZON PHOTOVOLTAIQUE 1 operate?

HORIZON PHOTOVOLTAIQUE 1 operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.