LH & ASSOCIES : revenue, balance sheet and financial ratios

Revenue 2020 887 k€
EBITDA 2020 -185 k€
Net income 2020 -188 k€ -150 % vs 2019

LH & ASSOCIES is a French company founded 8 years ago, specialized in the sector Activités juridiques. Based in SAINT-MALO (35400), this company of category PME shows in 2020 a revenue of 887 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

At a glance (2020) : revenue 887 k€, EBITDA -185 k€ (-20.9 % of revenue), net income -188 k€. Balance sheet : equity 203 k€, financial debt 201 k€, cash 182 k€.

Data updated on 2026-09-19

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

About this data : partial data · outdated accounts

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

Le dernier exercice comptable publié pour cette entreprise remonte à 2020. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, LH & ASSOCIES is currently loss-making, which weighs on its accounts. Its financial structure is broadly in line with its sector.

Financial history - LH & ASSOCIES (SIREN 841679459) · amounts in thousands of euros (€k)
Indicator 2020 2019
Revenue 887 N/C
Net income -188 372
EBITDA -185 N/C
Gross margin 887 —
Operating income -149 —
Net margin -21,2 % N/C
Equity 203 390
Financial debt 201 0
Cash 182 50
Tax returns Download accounts (CSV / Excel)

Revenue and income statement

In 2020, LH & ASSOCIES achieves revenue of 887 k€. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -185 k€, representing -20.9% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -188 k€ (-21.2% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

886 695 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

886 695 €

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

-185 359 €

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

-148 659 €

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

-187 621 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-20,9 %

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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 99%. This ratio is slightly less favorable than the sector median (51.4%). Financial autonomy (= Equity / Total assets x 100) reaches 31%. This ratio is slightly less favorable than the sector median (36.7%).

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

98,9 %

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

30,9 %

Cash flow / Revenue (2020) ?
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

-25,4 %

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

-0,9 ans

Asset age ratio (2020) ?
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

51,3 %

Solvency indicators evolution
LH & ASSOCIES

Sector positioning

Debt ratio
98,9% 2020
Q1: 10,6%
Med: 51,4%
Q3: 141,0%
Average 0,1 % → 98,9 % depuis 2019

In 2020, the debt ratio of LH & ASSOCIES (98,9%) 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
30,9% 2020
Q1: 14,2%
Med: 36,7%
Q3: 58,5%
Average 52 % → 30,9 % depuis 2019

In 2020, the financial autonomy of LH & ASSOCIES (30,9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3.38. Compared with its sector, this ratio places the company among the best positioned (sector median: 2.1).

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

3,38

Liquidity indicators evolution
LH & ASSOCIES

Sector positioning

Liquidity ratio
3,38 2020
Q1: 1,22
Med: 2,06
Q3: 3,30
Excellent 2,8 → 3,4 depuis 2019

In 2020, the liquidity ratio of LH & ASSOCIES (3,38) 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.

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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 136 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 116 days of revenue, i.e. 286 k€ to permanently finance.

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

286 145 €

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

6 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

28 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

136 j

WCR in days of revenue (2020) ?
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

116 j

WCR and payment terms evolution
LH & ASSOCIES

Positioning of LH & ASSOCIES in its sector

Comparison with sector Activités juridiques

Similar companies (Activités juridiques)

Compare LH & ASSOCIES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités juridiques

Top companies in Activités juridiques

Largest companies by revenue in the sector Activités juridiques:

Top companies in Ille-et-Vilaine

Largest companies by revenue in the department Ille-et-Vilaine:

Voir le classement complet du département Ille-et-Vilaine

Frequently asked questions about LH & ASSOCIES

What is the revenue of LH & ASSOCIES ?

The revenue of LH & ASSOCIES in 2020 is 887 k€.

Is LH & ASSOCIES profitable?

LH & ASSOCIES recorded a net loss in 2020.

Where is the headquarters of LH & ASSOCIES ?

The headquarters of LH & ASSOCIES is located in SAINT-MALO (35400), in the department Ille-et-Vilaine.

Where to find the tax return of LH & ASSOCIES ?

The tax return of LH & ASSOCIES 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 LH & ASSOCIES operate?

LH & ASSOCIES operates in the sector Activités juridiques (NAF code 69.10Z). See the 'Sector positioning' section above to compare the company with its competitors.