SIREN : 388226391
HORODE is a French company founded 33 years ago, specialized in the sector Activités des sièges sociaux. Based in PARIS (75015), this company of category PME shows in 2019 a revenue of 5 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 4 693 € | 10 711 € | 12 211 € | 12 218 € |
| Net income | 614 818 € | 660 013 € | 419 581 € | 437 526 € |
| EBITDA | -15 542 € | -14 569 € | -19 599 € | -23 085 € |
| Net margin | 13100.7% | 6162.0% | 3436.1% | 3581.0% |
In 2019, HORODE achieves revenue of 5 k€. Revenue is declining over the period 2016-2019 (CAGR: -27.3%). Significant drop of -56% vs 2018. After deducting consumption (0 €), gross margin stands at 5 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 -16 k€, representing -331.2% of revenue. Warning negative scissor effect: despite revenue change (-56%), EBITDA varies by -7%, reducing margin by 195.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 615 k€, i.e. 13100.7% of revenue. This profit can be retained or distributed to shareholders.
4 693 €
4 693 €
-15 542 €
-15 543 €
614 818 €
-331.2%
The debt ratio (= Financial debt / Equity x 100) stands at 14%. 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 88%. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13100.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
14.052%
87.526%
13100.746%
1.265
In 2019, the debt ratio of HORODE (14.05) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2019, the financial autonomy of HORODE (87.5%) 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.
In 2019, the repayment capacity of HORODE (1.26) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 231.00. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
231.003
-139.712
In 2019, the liquidity ratio of HORODE (231.00) 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.
In 2019, the interest coverage of HORODE (-139.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 360 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 149 days. The gap of 211 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 744 days of revenue, i.e. 10 k€ to permanently finance. Over 2016-2019, WCR increased by +102%, requiring additional financing.
9 695 €
360 j
149 j
0 j
744 j
Based on 105 transactions of similar company sales in 2019, the value of HORODE is estimated at 1 040 276 € (range 368 393€ - 2 363 894€). The price/revenue ratio is 0.31x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 105 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 HORODE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of HORODE in 2019 is 5 k€.
Yes, HORODE generated a net profit of 615 k€ in 2019.
The headquarters of HORODE is located in PARIS (75015), in the department Paris.
The tax return of HORODE 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).
HORODE operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.