SIREN : 504935305
THAG is a French company founded 17 years ago, specialized in the sector Restauration traditionnelle. Based in BEZIERS (34500), this company of category PME shows in 2021 a revenue of 217 k€. 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
| Indicator | 2021 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 216 881 € | 315 563 € | 281 732 € | 276 297 € |
| Net income | 21 104 € | 12 159 € | -2 927 € | 15 304 € |
| EBITDA | 34 786 € | 11 876 € | 7 653 € | 29 574 € |
| Net margin | 9.7% | 3.9% | -1.0% | 5.5% |
In 2021, THAG achieves revenue of 217 k€. Revenue is declining over the period 2017-2021 (CAGR: -5.9%). Significant drop of -31% vs 2019. After deducting consumption (79 k€), gross margin stands at 138 k€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 35 k€, representing 16.0% of revenue. Positive scissor effect: EBITDA margin improves by +12.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 9.7% of revenue. This profit can be retained or distributed to shareholders.
216 881 €
137 803 €
34 786 €
29 708 €
21 104 €
13.0%
The debt ratio (= Financial debt / Equity x 100) stands at 56%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
55.98%
26.013%
11.891%
1.551
44.2%
In 2021, the debt ratio of THAG (55.98) 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 2021, the financial autonomy of THAG (26.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of THAG (1.55) 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 205.09. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
205.089
0.523
In 2021, the liquidity ratio of THAG (205.09) 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.
In 2021, the interest coverage of THAG (0.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-88 days): operations structurally generate cash. Notable WCR improvement over the period (-44%), freeing up cash.
-52 763 €
1 j
21 j
4 j
-88 j
Based on 663 transactions of similar company sales in 2021, the value of THAG is estimated at 185 387 € (range 108 293€ - 334 920€). With an EBITDA of 34 786€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.87x (in line with sector norms). 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.
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This estimate is based on the analysis of 663 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 THAG with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration traditionnelle
The revenue of THAG in 2021 is 217 k€.
Yes, THAG generated a net profit of 21 k€ in 2021.
The headquarters of THAG is located in BEZIERS (34500), in the department Herault.
The tax return of THAG 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).
THAG operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.