HARMONY AIRCRAFT SERVICES : revenue, balance sheet and financial ratios

HARMONY AIRCRAFT SERVICES is a French company founded 35 years ago, specialized in the sector Réparation et maintenance d'aéronefs et d'engins spatiaux . Based in PALAVAS-LES-FLOTS (34250), this company of category PME shows in 2022 a revenue of 6.3 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

Historique financier - HARMONY AIRCRAFT SERVICES (SIREN 381609312)
Indicador 2024 2023 2022 2021 2020 2019 2018 2016
Ingresos N/C N/C 6 333 323 € N/C 2 325 220 € 1 652 675 € 708 490 € 527 909 €
Resultado neto 133 277 € 133 207 € 94 954 € 51 368 € 78 939 € 58 224 € 27 536 € 11 039 €
EBITDA N/C N/C 137 728 € N/C 130 493 € 115 039 € 43 101 € 18 672 €
Margen neto N/C N/C 1.5% N/C 3.4% 3.5% 3.9% 2.1%

Ingresos y cuenta de resultados

In 2024, HARMONY AIRCRAFT SERVICES generates positive net income of 133 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 11 k€ -> 133 k€.

Resultado neto (2024) ?
Resultado neto
Definición
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Fórmula
Resultado corriente + Resultado excepcional - Impuesto sobre beneficios

133 277 €

Chargement du compte de résultat...

Évolution graphique

Mostrar :

Activo

Chargement des données...

Pasivo

Chargement des données...

Ratios de solvencia y endeudamiento

The debt ratio (= Financial debt / Equity x 100) stands at 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Ratio de endeudamiento (2024) ?
Ratio de endeudamiento
Definición
Mide la proporción de deuda respecto a los fondos propios.
Fórmula
(Deuda financiera / Fondos propios) x 100
Interpretación
< 50% : Faible
50-100% : Moderado
> 100% : Alto

96.604%

Autonomía financiera (2024) ?
Autonomía financiera
Definición
Porcentaje de fondos propios en la financiación total.
Fórmula
(Fondos propios / Total balance) x 100
Interpretación
> 30% : Buena autonomía
20-30% : Media
< 20% : Faible

16.16%

Ratio de obsolescencia (2024) ?
Ratio de obsolescencia
Definición
Mide el grado de desgaste del inmovilizado material.
Fórmula
Amortización acumulada / Inmovilizado bruto x 100
Interpretación
< 50% : Activos recientes
50-70% : Desgaste normal
> 70% : Activos envejecidos

37.3%

Evolución de indicadores de solvencia
HARMONY AIRCRAFT SERVICES

Positionnement sectoriel

Debt ratio
96.6 2024
2022
2023
2024
Q1: 0.0
Méd: 10.71
Q3: 101.55
Average

In 2024, the debt ratio of HARMONY AIRCRAFT SERVICES (96.60) 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
16.16% 2024
2022
2023
2024
Q1: 15.43%
Méd: 28.49%
Q3: 58.41%
Average

In 2024, the financial autonomy of HARMONY AIRCRAFT SERVICES (16.2%) 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
4.68 years 2022
2022
Q1: 0.0 years
Méd: 0.09 years
Q3: 2.15 years
Watch

In 2022, the repayment capacity of HARMONY AIRCRAFT SERVICES (4.68) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Ratios de liquidez

The liquidity ratio (= Current assets / Current liabilities) stands at 108.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Ratio de liquidez (2024) ?
Ratio de liquidez
Definición
Capacidad para pagar las deudas a corto plazo con el activo circulante.
Fórmula
Activo circulante / Pasivo circulante
Interpretación
> 1.5 : Muy bueno
1-1.5 : Correcto
< 1 : Risque de liquidité

108.067

Evolución de indicadores de liquidez
HARMONY AIRCRAFT SERVICES

Positionnement sectoriel

Liquidity ratio
108.07 2024
2022
2023
2024
Q1: 148.01
Méd: 261.61
Q3: 457.54
Watch

In 2024, the liquidity ratio of HARMONY AIRCRAFT SERVICES (108.07) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
6.71x 2022
2022
Q1: 0.0x
Méd: 0.4x
Q3: 6.28x
Excellent

In 2022, the interest coverage of HARMONY AIRCRAFT SERVICES (6.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Necesidad de fondo de rotación (NFR) y plazos de pago

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

NFR de explotación (2024) ?
NFR de explotación
Definición
Besoin de financement généré par le cycle d'exploitation (stocks + créances - dettes fournisseurs).
Fórmula
Stocks + Créances clients - Dettes fournisseurs
Interpretación
Negativo = tesorería liberada
Positivo = necesidad de financiación

0 €

Crédito clientes (2024) ?
Crédito clientes (días)
Definición
Plazo medio de cobro a clientes.
Fórmula
(Cuentas por cobrar / Ingresos con IVA) x 360
Interpretación
< 45j : Bueno
45-60j : Medio
> 60j : Largo

0 j

Crédito proveedores (2024) ?
Crédito proveedores (días)
Definición
Plazo medio de pago a proveedores.
Fórmula
(Cuentas por pagar / Compras con IVA) x 360
Interpretación
Cuanto más largo sea el plazo, mejor para la tesorería

0 j

Rotación de inventario (2024) ?
Rotación de inventario (días)
Definición
Duración media de almacenamiento de mercancías o materiales.
Fórmula
(Existencias / Coste de compra) x 360
Interpretación
Cuanto menor sea el ratio, más rápida es la rotación

0 j

Evolución del NFR y plazos
HARMONY AIRCRAFT SERVICES

Positionnement de HARMONY AIRCRAFT SERVICES dans son secteur

Comparación con el sector Réparation et maintenance d'aéronefs et d'engins spatiaux

Estimación de valoración

Based on 197 transactions of similar company sales (all years), the value of HARMONY AIRCRAFT SERVICES is estimated at 269 167 € (range 113 366€ - 705 490€). 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
197 transactions
113k€ 269k€ 705k€
269 167 € Range: 113 366€ - 705 490€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Net Income Multiple
133 277 € × 2.0x = 269 168 €
Range: 113 366€ - 705 491€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 197 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 (Réparation et maintenance d'aéronefs et d'engins spatiaux )

Compare HARMONY AIRCRAFT SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation et maintenance d'aéronefs et d'engins spatiaux

Frequently asked questions about HARMONY AIRCRAFT SERVICES

What is the revenue of HARMONY AIRCRAFT SERVICES ?

The revenue of HARMONY AIRCRAFT SERVICES in 2022 is 6.3 M€.

Is HARMONY AIRCRAFT SERVICES profitable?

Yes, HARMONY AIRCRAFT SERVICES generated a net profit of 133 k€ in 2024.

Where is the headquarters of HARMONY AIRCRAFT SERVICES ?

The headquarters of HARMONY AIRCRAFT SERVICES is located in PALAVAS-LES-FLOTS (34250), in the department Herault.

Where to find the tax return of HARMONY AIRCRAFT SERVICES ?

The tax return of HARMONY AIRCRAFT SERVICES 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 HARMONY AIRCRAFT SERVICES operate?

HARMONY AIRCRAFT SERVICES operates in the sector Réparation et maintenance d'aéronefs et d'engins spatiaux (NAF code 33.16Z). See the 'Sector positioning' section above to compare the company with its competitors.