AJINOMOTO FOODS EUROPE : revenue, balance sheet and financial ratios

AJINOMOTO FOODS EUROPE is a French company founded 69 years ago, specialized in the sector Fabrication de produits pharmaceutiques de base. Based in PARIS (75017), this company of category ETI shows in 2025 a revenue of 295.7 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

Financial history - AJINOMOTO FOODS EUROPE (SIREN 572233955)
Indicator 2025 2024 2023 2022
Revenue 295 677 297 € 305 615 740 € 335 988 586 € 283 112 209 €
Net income -11 956 739 € -4 571 192 € -866 083 € 49 849 394 €
EBITDA 5 560 656 € 7 921 075 € 14 155 209 € 9 624 849 €
Net margin -4.0% -1.5% -0.3% 17.6%

Revenue and income statement

In 2025, AJINOMOTO FOODS EUROPE achieves revenue of 295.7 M€. Revenue is growing positively over 4 years (CAGR: +1.5%). Slight decline of -3% vs 2024. After deducting consumption (191.4 M€), gross margin stands at 104.3 M€, i.e. a rate of 35%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.6 M€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -12.0 M€ (-4.0% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

295 677 297 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

104 297 707 €

EBITDA (2025) ?
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

5 560 656 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 963 813 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-11 956 739 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.9%

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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 284%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

284.281%

Financial autonomy (2025) ?
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

15.336%

Cash flow / Revenue (2025) ?
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

-1.856%

Repayment capacity (2025) ?
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

-13.682

Asset age ratio (2025) ?
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

3.3%

Solvency indicators evolution
AJINOMOTO FOODS EUROPE

Sector positioning

Debt ratio
187.15 2024
2023
2024
Q1: 0.0
Med: 3.24
Q3: 65.34
Watch +6 pts over 2 years

In 2024, the debt ratio of AJINOMOTO FOODS EUROPE (187.15) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
23.18% 2024
2023
2024
Q1: 17.24%
Med: 45.12%
Q3: 75.14%
Average

In 2024, the financial autonomy of AJINOMOTO FOODS EUROPE (23.2%) 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
-24.07 years 2024
2023
2024
Q1: -1.5 years
Med: 0.0 years
Q3: 1.31 years
Excellent -76 pts over 2 years

In 2024, the repayment capacity of AJINOMOTO FOODS EUROPE (-24.07) 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 209.13. 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 90.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

209.135

Interest coverage (2025) ?
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

90.09

Liquidity indicators evolution
AJINOMOTO FOODS EUROPE

Sector positioning

Liquidity ratio
256.11 2024
2023
2024
Q1: 92.26
Med: 208.82
Q3: 371.21
Good +15 pts over 2 years

In 2024, the liquidity ratio of AJINOMOTO FOODS EUROPE (256.11) 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
44.63x 2024
2023
2024
Q1: 0.0x
Med: 0.82x
Q3: 13.45x
Excellent +18 pts over 2 years

In 2024, the interest coverage of AJINOMOTO FOODS EUROPE (44.6x) 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.

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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 94 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 97 days of revenue, i.e. 79.8 M€ to permanently finance. Over 2022-2025, WCR increased by +28%, requiring additional financing.

Operating WCR (2025) ?
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

79 806 259 €

Customer credit (2025) ?
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

46 j

Supplier credit (2025) ?
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

57 j

Inventory turnover (2025) ?
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

94 j

WCR in days of revenue (2025) ?
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

97 j

WCR and payment terms evolution
AJINOMOTO FOODS EUROPE

Positioning of AJINOMOTO FOODS EUROPE in its sector

Comparison with sector Fabrication de produits pharmaceutiques de base

Similar companies (Fabrication de produits pharmaceutiques de base)

Compare AJINOMOTO FOODS EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de produits pharmaceutiques de base

Frequently asked questions about AJINOMOTO FOODS EUROPE

What is the revenue of AJINOMOTO FOODS EUROPE ?

The revenue of AJINOMOTO FOODS EUROPE in 2025 is 295.7 M€.

Is AJINOMOTO FOODS EUROPE profitable?

AJINOMOTO FOODS EUROPE recorded a net loss in 2025.

Where is the headquarters of AJINOMOTO FOODS EUROPE ?

The headquarters of AJINOMOTO FOODS EUROPE is located in PARIS (75017), in the department Paris.

Where to find the tax return of AJINOMOTO FOODS EUROPE ?

The tax return of AJINOMOTO FOODS EUROPE 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 AJINOMOTO FOODS EUROPE operate?

AJINOMOTO FOODS EUROPE operates in the sector Fabrication de produits pharmaceutiques de base (NAF code 21.10Z). See the 'Sector positioning' section above to compare the company with its competitors.