AJINOMOTO FROZEN FOODS FRANCE : revenue, balance sheet and financial ratios

AJINOMOTO FROZEN FOODS FRANCE is a French company founded 16 years ago, specialized in the sector Fabrication de plats préparés. Based in LE NEUBOURG (27110), this company of category ETI shows in 2025 a revenue of 55.7 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 FROZEN FOODS FRANCE (SIREN 521823484)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 55 653 797 € 56 585 060 € 57 027 821 € 49 096 779 € 42 906 426 € 41 338 767 € 46 758 485 € 52 503 557 € 59 181 741 € 65 708 592 €
Net income -1 852 308 € 104 149 € -1 197 461 € 522 637 € 1 925 463 € -1 761 346 € -2 144 755 € -3 106 797 € -2 484 506 € -3 098 546 €
EBITDA 1 117 631 € 1 753 746 € -1 041 029 € -9 630 € 2 975 512 € -1 724 794 € -2 395 064 € -1 802 903 € -99 992 € -552 807 €
Net margin -3.3% 0.2% -2.1% 1.1% 4.5% -4.3% -4.6% -5.9% -4.2% -4.7%

Revenue and income statement

In 2025, AJINOMOTO FROZEN FOODS FRANCE achieves revenue of 55.7 M€. Activity remains stable over the period (CAGR: -1.8%). Slight decline of -2% vs 2024. After deducting consumption (22.7 M€), gross margin stands at 32.9 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 1.1 M€, representing 2.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.9 M€ (-3.3% 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

55 653 797 €

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

32 923 330 €

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

1 117 631 €

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

543 083 €

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

-1 852 308 €

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

2.0%

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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 143%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.

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

142.623%

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

21.819%

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

-0.643%

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

-33.878

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

64.1%

Solvency indicators evolution
AJINOMOTO FROZEN FOODS FRANCE

Sector positioning

Debt ratio
142.62 2025
2023
2024
2025
Q1: 9.12
Med: 42.99
Q3: 129.98
Watch

In 2025, the debt ratio of AJINOMOTO FROZEN FOODS FR... (142.62) 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
21.82% 2025
2023
2024
2025
Q1: 19.89%
Med: 43.01%
Q3: 58.38%
Average -11 pts over 3 years

In 2025, the financial autonomy of AJINOMOTO FROZEN FOODS FR... (21.8%) 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
-33.88 years 2025
2023
2024
2025
Q1: -0.01 years
Med: 0.01 years
Q3: 1.47 years
Excellent -19 pts over 3 years

In 2025, the repayment capacity of AJINOMOTO FROZEN FOODS FR... (-33.88) 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 83.64. 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 64.2x. 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

83.638

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

64.176

Liquidity indicators evolution
AJINOMOTO FROZEN FOODS FRANCE

Sector positioning

Liquidity ratio
83.64 2025
2023
2024
2025
Q1: 122.94
Med: 200.36
Q3: 262.26
Watch

In 2025, the liquidity ratio of AJINOMOTO FROZEN FOODS FR... (83.64) 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
64.18x 2025
2023
2024
2025
Q1: -0.85x
Med: 0.12x
Q3: 10.29x
Excellent +68 pts over 3 years

In 2025, the interest coverage of AJINOMOTO FROZEN FOODS FR... (64.2x) 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: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 36 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-10 days): operations structurally generate cash. Notable WCR improvement over the period (-109%), freeing up cash.

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

-1 530 479 €

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

29 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

48 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

36 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

-10 j

WCR and payment terms evolution
AJINOMOTO FROZEN FOODS FRANCE

Positioning of AJINOMOTO FROZEN FOODS FRANCE in its sector

Comparison with sector Fabrication de plats préparés

Valuation estimate

Based on 92 transactions of similar company sales (all years), the value of AJINOMOTO FROZEN FOODS FRANCE is estimated at 12 889 696 € (range 5 082 803€ - 20 974 295€). With an EBITDA of 1 117 631€, the sector multiple of 4.6x is applied. The price/revenue ratio is 0.46x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
92 tx
5082k€ 12889k€ 20974k€
12 889 696 € Range: 5 082 803€ - 20 974 295€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 117 631 € × 4.6x
Estimation 5 142 629 €
903 805€ - 8 957 511€
Revenue Multiple 30%
55 653 797 € × 0.46x
Estimation 25 801 477 €
12 047 800€ - 41 002 268€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 92 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 (Fabrication de plats préparés)

Compare AJINOMOTO FROZEN FOODS FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de plats préparés

Frequently asked questions about AJINOMOTO FROZEN FOODS FRANCE

What is the revenue of AJINOMOTO FROZEN FOODS FRANCE ?

The revenue of AJINOMOTO FROZEN FOODS FRANCE in 2025 is 55.7 M€.

Is AJINOMOTO FROZEN FOODS FRANCE profitable?

AJINOMOTO FROZEN FOODS FRANCE recorded a net loss in 2025.

Where is the headquarters of AJINOMOTO FROZEN FOODS FRANCE ?

The headquarters of AJINOMOTO FROZEN FOODS FRANCE is located in LE NEUBOURG (27110), in the department Eure.

Where to find the tax return of AJINOMOTO FROZEN FOODS FRANCE ?

The tax return of AJINOMOTO FROZEN FOODS FRANCE 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 FROZEN FOODS FRANCE operate?

AJINOMOTO FROZEN FOODS FRANCE operates in the sector Fabrication de plats préparés (NAF code 10.85Z). See the 'Sector positioning' section above to compare the company with its competitors.