HP FERMETURES & MENUISERIES : revenue, balance sheet and financial ratios

HP FERMETURES & MENUISERIES is a French company founded 26 years ago, specialized in the sector Travaux de menuiserie bois et PVC. Based in SAINT-MARTIN-DE-SEIGNANX (40390), this company of category ETI shows in 2024 a revenue of 16.9 M€. 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 - HP FERMETURES & MENUISERIES (SIREN 425098852)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 16 852 221 € 17 376 611 € 18 774 569 € 16 942 605 € 14 677 871 € 2 384 791 € 109 557 € 106 863 € 153 720 €
Net income -677 622 € -864 649 € -965 307 € -1 930 059 € -1 902 535 € 403 462 € 596 € -17 772 € -47 672 €
EBITDA -581 456 € -463 276 € -954 496 € -1 602 183 € -1 283 272 € 449 671 € 11 501 € 14 653 € -62 160 €
Net margin -4.0% -5.0% -5.1% -11.4% -13.0% 16.9% 0.5% -16.6% -31.0%

Revenue and income statement

In 2024, HP FERMETURES & MENUISERIES achieves revenue of 16.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +79.9%. Slight decline of -3% vs 2023. After deducting consumption (8.5 M€), gross margin stands at 8.3 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -581 k€, representing -3.5% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -678 k€ (-4.0% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

16 852 221 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

8 343 179 €

EBITDA (2024) ?
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

-581 456 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-662 550 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-677 622 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.5%

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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 -544%. 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 -8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-543.509%

Financial autonomy (2024) ?
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

-7.796%

Cash flow / Revenue (2024) ?
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

-3.479%

Repayment capacity (2024) ?
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

-4.179

Asset age ratio (2024) ?
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

26.1%

Solvency indicators evolution
HP FERMETURES & MENUISERIES

Sector positioning

Debt ratio
-543.51 2024
2022
2023
2024
Q1: 4.28
Med: 20.74
Q3: 53.77
Excellent

In 2024, the debt ratio of HP FERMETURES & MENUISERIES (-543.51) 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
-7.8% 2024
2022
2023
2024
Q1: 20.05%
Med: 40.86%
Q3: 57.83%
Watch

In 2024, the financial autonomy of HP FERMETURES & MENUISERIES (-7.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-4.18 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.35 years
Q3: 1.56 years
Excellent

In 2024, the repayment capacity of HP FERMETURES & MENUISERIES (-4.18) 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 154.37. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

154.372

Interest coverage (2024) ?
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

-6.648

Liquidity indicators evolution
HP FERMETURES & MENUISERIES

Sector positioning

Liquidity ratio
154.37 2024
2022
2023
2024
Q1: 151.53
Med: 214.69
Q3: 315.59
Average -26 pts over 3 years

In 2024, the liquidity ratio of HP FERMETURES & MENUISERIES (154.37) 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
-6.65x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.65x
Average

In 2024, the interest coverage of HP FERMETURES & MENUISERIES (-6.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). Inventory turnover is 40 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 81 days of revenue, i.e. 3.8 M€ to permanently finance. Over 2016-2024, WCR increased by +1108%, requiring additional financing.

Operating WCR (2024) ?
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

3 770 347 €

Customer credit (2024) ?
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

40 j

Supplier credit (2024) ?
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

72 j

Inventory turnover (2024) ?
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

40 j

WCR in days of revenue (2024) ?
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

81 j

WCR and payment terms evolution
HP FERMETURES & MENUISERIES

Positioning of HP FERMETURES & MENUISERIES in its sector

Comparison with sector Travaux de menuiserie bois et PVC

Valuation estimate

Based on 51 transactions of similar company sales in 2024, the value of HP FERMETURES & MENUISERIES is estimated at 2 412 001 € (range 1 258 461€ - 2 849 590€). The price/revenue ratio is 0.14x (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.

Estimated enterprise value 2024
51 tx
1258k€ 2412k€ 2849k€
2 412 001 € Range: 1 258 461€ - 2 849 590€
NAF 5 année 2024

Valuation method used

Revenue Multiple
16 852 221 € × 0.14x = 2 412 001 €
Range: 1 258 462€ - 2 849 590€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 (Travaux de menuiserie bois et PVC)

Compare HP FERMETURES & MENUISERIES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie bois et PVC

Frequently asked questions about HP FERMETURES & MENUISERIES

What is the revenue of HP FERMETURES & MENUISERIES ?

The revenue of HP FERMETURES & MENUISERIES in 2024 is 16.9 M€.

Is HP FERMETURES & MENUISERIES profitable?

HP FERMETURES & MENUISERIES recorded a net loss in 2024.

Where is the headquarters of HP FERMETURES & MENUISERIES ?

The headquarters of HP FERMETURES & MENUISERIES is located in SAINT-MARTIN-DE-SEIGNANX (40390), in the department Landes.

Where to find the tax return of HP FERMETURES & MENUISERIES ?

The tax return of HP FERMETURES & MENUISERIES 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 HP FERMETURES & MENUISERIES operate?

HP FERMETURES & MENUISERIES operates in the sector Travaux de menuiserie bois et PVC (NAF code 43.32A). See the 'Sector positioning' section above to compare the company with its competitors.