IMMOBILIERE DE L'HERMINE : revenue, balance sheet and financial ratios

IMMOBILIERE DE L'HERMINE is a French company founded 19 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PLEUCADEUC (56140), this company of category PME shows in 2022 a revenue of 497 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - IMMOBILIERE DE L'HERMINE (SIREN 493994453)
Indicator 2022 2020 2019 2018 2017 2016
Revenue 496 639 € 550 927 € 596 624 € 633 990 € 683 373 € 651 375 €
Net income 546 662 € 114 541 € 78 891 € 77 862 € 123 514 € 101 553 €
EBITDA 106 567 € 88 707 € 108 619 € 102 726 € 172 965 € 140 923 €
Net margin 110.1% 20.8% 13.2% 12.3% 18.1% 15.6%

Revenue and income statement

In 2022, IMMOBILIERE DE L'HERMINE achieves revenue of 497 k€. Activity remains stable over the period (CAGR: -4.4%). Slight decline of -10% vs 2020. After deducting consumption (0 €), gross margin stands at 497 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 107 k€, representing 21.5% of revenue. Positive scissor effect: EBITDA margin improves by +5.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 547 k€, i.e. 110.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

496 639 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

496 639 €

EBITDA (2022) ?
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

106 567 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

104 980 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

546 662 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

21.5%

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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 1%. 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 92%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.718%

Financial autonomy (2022) ?
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

92.314%

Cash flow / Revenue (2022) ?
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

11.998%

Repayment capacity (2022) ?
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

0.079

Solvency indicators evolution
IMMOBILIERE DE L'HERMINE

Sector positioning

Debt ratio
0.72 2022
2019
2020
2022
Q1: -74.34
Med: 11.43
Q3: 181.21
Good +22 pts over 3 years

In 2022, the debt ratio of IMMOBILIERE DE L'HERMINE (0.72) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
92.31% 2022
2019
2020
2022
Q1: 1.95%
Med: 38.48%
Q3: 82.88%
Excellent

In 2022, the financial autonomy of IMMOBILIERE DE L'HERMINE (92.3%) 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
0.08 years 2022
2019
2020
2022
Q1: -0.01 years
Med: 0.67 years
Q3: 10.42 years
Good

In 2022, the repayment capacity of IMMOBILIERE DE L'HERMINE (0.08) 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 1420.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

1420.648

Interest coverage (2022) ?
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

0.0

Liquidity indicators evolution
IMMOBILIERE DE L'HERMINE

Sector positioning

Liquidity ratio
1420.65 2022
2019
2020
2022
Q1: 88.14
Med: 269.92
Q3: 1094.56
Excellent +30 pts over 3 years

In 2022, the liquidity ratio of IMMOBILIERE DE L'HERMINE (1420.65) 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.

Interest coverage
0.0x 2022
2019
2020
2022
Q1: 0.0x
Med: 0.0x
Q3: 13.79x
Average -25 pts over 3 years

In 2022, the interest coverage of IMMOBILIERE DE L'HERMINE (0.0x) 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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. The company must finance 17 days of gap between collections and payments. Overall, WCR represents 390 days of revenue, i.e. 538 k€ to permanently finance. Over 2016-2022, WCR increased by +1919%, requiring additional financing.

Operating WCR (2022) ?
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

538 262 €

Customer credit (2022) ?
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

39 j

Supplier credit (2022) ?
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

22 j

Inventory turnover (2022) ?
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 (2022) ?
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

390 j

WCR and payment terms evolution
IMMOBILIERE DE L'HERMINE

Positioning of IMMOBILIERE DE L'HERMINE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 241 transactions of similar company sales in 2022, the value of IMMOBILIERE DE L'HERMINE is estimated at 711 515 € (range 281 607€ - 1 640 370€). With an EBITDA of 106 567€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.68x (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 value 2022
241 transactions
281k€ 711k€ 1640k€
711 515 € Range: 281 607€ - 1 640 370€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
106 567 € × 3.3x
Estimation 348 523 €
142 715€ - 775 192€
Revenue Multiple 30%
496 639 € × 0.68x
Estimation 335 310 €
151 709€ - 955 672€
Net Income Multiple 20%
546 662 € × 4.0x
Estimation 2 183 303 €
823 688€ - 4 830 363€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 241 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 (Location de terrains et d'autres biens immobiliers)

Compare IMMOBILIERE DE L'HERMINE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about IMMOBILIERE DE L'HERMINE

What is the revenue of IMMOBILIERE DE L'HERMINE ?

The revenue of IMMOBILIERE DE L'HERMINE in 2022 is 497 k€.

Is IMMOBILIERE DE L'HERMINE profitable?

Yes, IMMOBILIERE DE L'HERMINE generated a net profit of 547 k€ in 2022.

Where is the headquarters of IMMOBILIERE DE L'HERMINE ?

The headquarters of IMMOBILIERE DE L'HERMINE is located in PLEUCADEUC (56140), in the department Morbihan.

Where to find the tax return of IMMOBILIERE DE L'HERMINE ?

The tax return of IMMOBILIERE DE L'HERMINE 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 IMMOBILIERE DE L'HERMINE operate?

IMMOBILIERE DE L'HERMINE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.