LHH RECRUITMENT SOLUTIONS : revenue, balance sheet and financial ratios

LHH RECRUITMENT SOLUTIONS is a French company founded 65 years ago, specialized in the sector Activités des agences de placement de main-d'œuvre . Based in COURBEVOIE (92400), this company of category GE shows in 2024 a revenue of 27.8 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 - LHH RECRUITMENT SOLUTIONS (SIREN 612027557)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 27 835 503 € 32 054 855 € 31 296 282 € 20 285 538 € 13 072 925 € 14 202 489 € 12 890 558 € 9 537 176 € 8 274 540 €
Net income -2 775 725 € -806 580 € 3 144 001 € 3 012 690 € 554 225 € 797 712 € 1 367 615 € 1 257 413 € 1 091 103 €
EBITDA -1 632 604 € -201 026 € 4 362 027 € 3 630 947 € 962 176 € 1 300 280 € 2 005 174 € 1 488 395 € 837 764 €
Net margin -10.0% -2.5% 10.0% 14.9% 4.2% 5.6% 10.6% 13.2% 13.2%

Revenue and income statement

In 2024, LHH RECRUITMENT SOLUTIONS achieves revenue of 27.8 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.4%. Significant drop of -13% vs 2023. After deducting consumption (0 €), gross margin stands at 27.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.6 M€, representing -5.9% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -712%, reducing margin by 5.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.8 M€ (-10.0% 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

27 835 503 €

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

27 835 503 €

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

-1 632 604 €

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

-3 120 703 €

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

-2 775 725 €

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

-5.9%

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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 0%. 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 54%. 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

0.0%

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

54.324%

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

-9.471%

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

0.0

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

33.5%

Solvency indicators evolution
LHH RECRUITMENT SOLUTIONS

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 2.18
Q3: 26.9
Excellent

In 2024, the debt ratio of LHH RECRUITMENT SOLUTIONS (0.00) 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
54.32% 2024
2022
2023
2024
Q1: 5.01%
Med: 27.87%
Q3: 56.01%
Good -5 pts over 3 years

In 2024, the financial autonomy of LHH RECRUITMENT SOLUTIONS (54.3%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.47 years
Excellent

In 2024, the repayment capacity of LHH RECRUITMENT SOLUTIONS (0.00) 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 219.34. 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

219.339

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

-1.168

Liquidity indicators evolution
LHH RECRUITMENT SOLUTIONS

Sector positioning

Liquidity ratio
219.34 2024
2022
2023
2024
Q1: 118.87
Med: 185.54
Q3: 314.49
Good -8 pts over 3 years

In 2024, the liquidity ratio of LHH RECRUITMENT SOLUTIONS (219.34) 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
-1.17x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.55x
Watch

In 2024, the interest coverage of LHH RECRUITMENT SOLUTIONS (-1.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 58 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Overall, WCR represents 166 days of revenue, i.e. 12.8 M€ to permanently finance. Over 2016-2024, WCR increased by +277%, 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

12 849 147 €

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

57 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

58 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 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

166 j

WCR and payment terms evolution
LHH RECRUITMENT SOLUTIONS

Positioning of LHH RECRUITMENT SOLUTIONS in its sector

Comparison with sector Activités des agences de placement de main-d'œuvre

Valuation estimate

Based on 147 transactions of similar company sales (all years), the value of LHH RECRUITMENT SOLUTIONS is estimated at 2 228 858 € (range 1 680 768€ - 3 828 394€). The price/revenue ratio is 0.08x (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.

Estimated enterprise value 2024
147 transactions
1680k€ 2228k€ 3828k€
2 228 858 € Range: 1 680 768€ - 3 828 394€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
27 835 503 € × 0.08x = 2 228 858 €
Range: 1 680 768€ - 3 828 394€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 147 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 placement de main-d'œuvre )

Compare LHH RECRUITMENT SOLUTIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de placement de main-d'œuvre

Frequently asked questions about LHH RECRUITMENT SOLUTIONS

What is the revenue of LHH RECRUITMENT SOLUTIONS ?

The revenue of LHH RECRUITMENT SOLUTIONS in 2024 is 27.8 M€.

Is LHH RECRUITMENT SOLUTIONS profitable?

LHH RECRUITMENT SOLUTIONS recorded a net loss in 2024.

Where is the headquarters of LHH RECRUITMENT SOLUTIONS ?

The headquarters of LHH RECRUITMENT SOLUTIONS is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of LHH RECRUITMENT SOLUTIONS ?

The tax return of LHH RECRUITMENT SOLUTIONS 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 LHH RECRUITMENT SOLUTIONS operate?

LHH RECRUITMENT SOLUTIONS operates in the sector Activités des agences de placement de main-d'œuvre (NAF code 78.10Z). See the 'Sector positioning' section above to compare the company with its competitors.