SIREN : 352602114
NORHAM is a French company founded 36 years ago, specialized in the sector Fabrication d'autres articles de robinetterie. Based in SAINT DONAT SUR L'HERBASSE (26260), this company of category PME shows in 2024 a revenue of 14.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 383 164 € | 13 493 221 € | 11 596 959 € | 10 270 068 € | 10 842 646 € | 10 613 330 € | 10 106 877 € | 9 420 151 € |
| Net income | 1 824 875 € | 1 616 724 € | 1 383 782 € | 579 602 € | 1 222 860 € | 1 101 143 € | 1 016 378 € | 636 242 € |
| EBITDA | 3 032 499 € | 2 722 616 € | 2 697 891 € | 1 235 294 € | 1 726 824 € | 1 510 783 € | 1 339 793 € | 1 171 648 € |
| Net margin | 12.7% | 12.0% | 11.9% | 5.6% | 11.3% | 10.4% | 10.1% | 6.8% |
In 2024, NORHAM achieves revenue of 14.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. Vs 2023: +7%. After deducting consumption (5.9 M€), gross margin stands at 8.5 M€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.0 M€, representing 21.1% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.8 M€, i.e. 12.7% of revenue. This profit can be retained or distributed to shareholders.
14 383 164 €
8 453 813 €
3 032 499 €
2 249 470 €
1 824 875 €
21.1%
The debt ratio (= Financial debt / Equity x 100) stands at 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 62%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
32.197%
62.294%
18.299%
1.353
44.1%
In 2024, the debt ratio of NORHAM (32.20) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of NORHAM (62.3%) 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.
In 2024, the repayment capacity of NORHAM (1.35) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 407.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 1.4x. Coverage is limited: any activity downturn would jeopardize interest payments.
407.969
1.439
In 2024, the liquidity ratio of NORHAM (407.97) 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.
In 2024, the interest coverage of NORHAM (1.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 74 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 95 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 128 days of revenue, i.e. 5.1 M€ to permanently finance. Over 2016-2024, WCR increased by +85%, requiring additional financing.
5 100 845 €
56 j
74 j
95 j
128 j
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 1 640 586€ to 7 936 716€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare NORHAM with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles de robinetterie
The revenue of NORHAM in 2024 is 14.4 M€.
Yes, NORHAM generated a net profit of 1.8 M€ in 2024.
The headquarters of NORHAM is located in SAINT DONAT SUR L'HERBASSE (26260), in the department Drome.
The tax return of NORHAM 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).
NORHAM operates in the sector Fabrication d'autres articles de robinetterie (NAF code 28.14Z). See the 'Sector positioning' section above to compare the company with its competitors.