Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.

LES HIRONDELLES : revenue, balance sheet and financial ratios

LES HIRONDELLES is a French company founded 8 years ago, specialized in the sector Gestion de fonds. Based in ETABLES (07300), this company of category PME shows in 2020 a net income positive of 12 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - LES HIRONDELLES (SIREN 831035092)
Indicator 2020 2019 2018
Revenue N/C N/C N/C
Net income 12 104 € 11 561 € 4 917 €
EBITDA -1 260 € -1 838 € -7 531 €
Net margin N/C N/C N/C

Revenue and income statement

In 2020, LES HIRONDELLES generates positive net income of 12 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2020: 5 k€ -> 12 k€.

EBITDA (2020) ?
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

-1 260 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-5 062 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

12 104 €

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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 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

121.156%

Financial autonomy (2020) ?
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

43.35%

Repayment capacity (2020) ?
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

3.32

Solvency indicators evolution
LES HIRONDELLES

Sector positioning

Debt ratio
121.16 2020
2018
2019
2020
Q1: 0.02
Med: 16.6
Q3: 133.78
Average

In 2020, the debt ratio of LES HIRONDELLES (121.16) 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
43.35% 2020
2018
2019
2020
Q1: 13.81%
Med: 53.14%
Q3: 87.85%
Average +12 pts over 3 years

In 2020, the financial autonomy of LES HIRONDELLES (43.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.32 years 2020
2018
2019
2020
Q1: -0.32 years
Med: 0.0 years
Q3: 3.81 years
Average

In 2020, the repayment capacity of LES HIRONDELLES (3.32) 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 977.41. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

977.408

Interest coverage (2020) ?
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
LES HIRONDELLES

Sector positioning

Liquidity ratio
977.41 2020
2018
2019
2020
Q1: 100.23
Med: 355.0
Q3: 2017.32
Good -7 pts over 3 years

In 2020, the liquidity ratio of LES HIRONDELLES (977.41) 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
0.0x 2020
2018
2019
2020
Q1: -45.81x
Med: 0.0x
Q3: 0.0x
Good

In 2020, the interest coverage of LES HIRONDELLES (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: 480 days. Excellent situation: suppliers finance 480 days of the operating cycle (retail model).

Operating WCR (2020) ?
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 (2020) ?
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 (2020) ?
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

480 j

Inventory turnover (2020) ?
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
LES HIRONDELLES

Positioning of LES HIRONDELLES in its sector

Comparison with sector Gestion de fonds

Valuation estimate

Based on 54 transactions of similar company sales in 2020, the value of LES HIRONDELLES is estimated at 91 328 € (range 35 409€ - 167 775€). 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 2020
54 tx
35k€ 91k€ 167k€
91 328 € Range: 35 409€ - 167 775€
NAF 5 année 2020

Valuation method used

Net Income Multiple
12 104 € × 7.5x = 91 329 €
Range: 35 409€ - 167 776€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 54 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 LES HIRONDELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion de fonds

Frequently asked questions about LES HIRONDELLES

What is the revenue of LES HIRONDELLES ?

The revenue of LES HIRONDELLES is not publicly disclosed (confidential accounts filed with INPI).

Is LES HIRONDELLES profitable?

Yes, LES HIRONDELLES generated a net profit of 12 k€ in 2020.

Where is the headquarters of LES HIRONDELLES ?

The headquarters of LES HIRONDELLES is located in ETABLES (07300), in the department Ardeche.

Where to find the tax return of LES HIRONDELLES ?

The tax return of LES HIRONDELLES 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 LES HIRONDELLES operate?

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