Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2012-09-05 (13 years)Status: ActiveBusiness sector: Activités des agences de publicitéLocation: GRABELS (34790), Herault
JUST HAPPINESS : revenue, balance sheet and financial ratios
JUST HAPPINESS is a French company
founded 13 years ago,
specialized in the sector Activités des agences de publicité.
Based in GRABELS (34790),
this company of category PME
shows in 2023 a revenue of 2.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - JUST HAPPINESS (SIREN 753665710)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
N/C
2 684 089 €
1 833 625 €
1 504 493 €
1 459 429 €
1 716 515 €
1 370 499 €
991 076 €
N/C
521 540 €
Net income
67 702 €
82 583 €
59 217 €
31 748 €
-50 955 €
75 111 €
65 937 €
54 244 €
31 298 €
52 115 €
EBITDA
N/C
195 497 €
87 387 €
23 881 €
21 299 €
98 812 €
88 610 €
73 631 €
N/C
61 140 €
Net margin
N/C
3.1%
3.2%
2.1%
-3.5%
4.4%
4.8%
5.5%
N/C
10.0%
Revenue and income statement
In 2024, JUST HAPPINESS generates positive net income of 68 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2015-2024: 52 k€ -> 68 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
67 702 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 23%. 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 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
23.484%
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
50.113%
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
7.405
20.369
26.89
23.86
14.545
88.925
119.742
88.17
49.141
23.484
Financial autonomy
41.645
41.086
33.733
40.406
45.572
25.659
27.303
30.287
35.444
50.113
Repayment capacity
0.224
None
0.92
0.836
0.568
-8.485
18.139
5.057
2.516
None
Cash flow / Revenue
9.009%
None%
6.711%
6.111%
5.346%
-2.204%
1.472%
3.768%
3.489%
None%
Sector positioning
Debt ratio
23.482024
2022
2023
2024
Q1: 0.0
Med: 7.82
Q3: 44.59
Average-14 pts over 3 years
In 2024, the debt ratio of JUST HAPPINESS (23.48) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
50.11%2024
2022
2023
2024
Q1: 9.69%
Med: 34.27%
Q3: 59.15%
Good+19 pts over 3 years
In 2024, the financial autonomy of JUST HAPPINESS (50.1%) 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.
Repayment capacity
2.52 years2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.06 years
Average
In 2023, the repayment capacity of JUST HAPPINESS (2.52) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 229.82. 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
229.816
Liquidity indicators evolution JUST HAPPINESS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
234.799
212.227
186.089
240.783
207.563
202.512
220.373
197.359
197.105
229.816
Interest coverage
0.366
None
1.852
1.597
1.395
5.127
8.207
4.284
1.624
None
Sector positioning
Liquidity ratio
229.822024
2022
2023
2024
Q1: 128.85
Med: 206.6
Q3: 363.72
Good+7 pts over 3 years
In 2024, the liquidity ratio of JUST HAPPINESS (229.82) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
1.62x2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.65x
Good
In 2023, the interest coverage of JUST HAPPINESS (1.6x) 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.
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
0 €
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
0 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
0 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
0 j
WCR and payment terms evolution JUST HAPPINESS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
182 476 €
0 €
338 443 €
152 098 €
130 009 €
44 454 €
292 789 €
432 625 €
381 355 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
0
Customer payment term (days)
168
0
151
81
63
86
99
113
81
0
Supplier payment term (days)
52
0
80
31
36
67
73
64
43
0
Positioning of JUST HAPPINESS in its sector
Comparison with sector Activités des agences de publicité
Valuation estimate
Based on 68 transactions of similar company sales
(all years),
the value of JUST HAPPINESS is estimated at
197 200 €
(range 94 696€ - 741 971€).
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 value2024
68 tx
94k€197k€741k€
197 200 €Range: 94 696€ - 741 971€
NAF 5 all-time
Valuation method used
Net Income Multiple
67 702 €
×
2.9x
=197 201 €
Range: 94 697€ - 741 972€
Only this financial indicator is available for this company.
How is this estimate calculated?
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.
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 (Activités des agences de publicité)
Compare JUST HAPPINESS with other companies in the same sector:
Yes, JUST HAPPINESS generated a net profit of 68 k€ in 2024.
Where is the headquarters of JUST HAPPINESS ?
The headquarters of JUST HAPPINESS is located in GRABELS (34790), in the department Herault.
Where to find the tax return of JUST HAPPINESS ?
The tax return of JUST HAPPINESS 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 JUST HAPPINESS operate?
JUST HAPPINESS 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.
Item evolution
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