FIRMENICH ET COMPAGNIE : revenue, balance sheet and financial ratios

FIRMENICH ET COMPAGNIE is a French company founded 126 years ago, specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques. Based in NEUILLY-SUR-SEINE (92200), this company of category ETI shows in 2024 a revenue of 109.9 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 - FIRMENICH ET COMPAGNIE (SIREN 572020253)
Indicator 2024 2023 2023 2022 2021 2020 2019 2018 2017
Revenue 109 873 961 € 45 910 586 € 97 013 039 € 80 852 371 € 78 725 038 € 73 089 140 € 71 020 760 € 73 686 988 € 77 107 710 €
Net income 11 814 108 € 6 483 163 € 10 714 043 € 7 999 428 € 6 264 278 € 7 228 679 € 7 682 880 € 6 956 244 € 7 893 234 €
EBITDA 10 459 695 € 5 059 299 € 13 953 537 € 10 889 594 € 8 861 352 € 10 268 372 € 10 006 689 € 9 310 207 € 11 855 880 €
Net margin 10.8% 14.1% 11.0% 9.9% 8.0% 9.9% 10.8% 9.4% 10.2%

Revenue and income statement

In 2024, FIRMENICH ET COMPAGNIE achieves revenue of 109.9 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.2%. Vs 2023, growth of +139% (45.9 M€ -> 109.9 M€). After deducting consumption (38 k€), gross margin stands at 109.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10.5 M€, representing 9.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11.8 M€, i.e. 10.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

109 873 961 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

109 836 313 €

EBITDA (2024) ?
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

10 459 695 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

14 108 502 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

11 814 108 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

9.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Cash flow represents 7.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

28.102%

Cash flow / Revenue (2024) ?
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

7.432%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

34.4%

Solvency indicators evolution
FIRMENICH ET COMPAGNIE

Sector positioning

Debt ratio
0.0 2024
2023
2023
2024
Q1: 0.0
Med: 5.8
Q3: 35.12
Excellent

In 2024, the debt ratio of FIRMENICH ET COMPAGNIE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
28.1% 2024
2023
2023
2024
Q1: 15.09%
Med: 44.33%
Q3: 67.75%
Average -8 pts over 3 years

In 2024, the financial autonomy of FIRMENICH ET COMPAGNIE (28.1%) 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
0.0 years 2024
2023
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.85 years
Excellent

In 2024, the repayment capacity of FIRMENICH ET COMPAGNIE (0.00) 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 135.50. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

135.498

Interest coverage (2024) ?
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

0.552

Liquidity indicators evolution
FIRMENICH ET COMPAGNIE

Sector positioning

Liquidity ratio
135.5 2024
2023
2023
2024
Q1: 144.96
Med: 248.4
Q3: 435.6
Watch

In 2024, the liquidity ratio of FIRMENICH ET COMPAGNIE (135.50) 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
0.55x 2024
2023
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.0x
Good -6 pts over 3 years

In 2024, the interest coverage of FIRMENICH ET COMPAGNIE (0.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 117 days. Excellent situation: suppliers finance 117 days of the operating cycle (retail model). Overall, WCR represents 70 days of revenue, i.e. 21.2 M€ to permanently finance. Over 2017-2024, WCR increased by +23%, requiring additional financing.

Operating WCR (2024) ?
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

21 234 242 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

117 j

Inventory turnover (2024) ?
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

0 j

WCR in days of revenue (2024) ?
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

70 j

WCR and payment terms evolution
FIRMENICH ET COMPAGNIE

Positioning of FIRMENICH ET COMPAGNIE in its sector

Comparison with sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Valuation estimate

Based on 50 transactions of similar company sales (all years), the value of FIRMENICH ET COMPAGNIE is estimated at 23 805 095 € (range 12 831 803€ - 65 345 688€). With an EBITDA of 10 459 695€, the sector multiple of 1.8x is applied. The price/revenue ratio is 0.32x (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 2024
50 tx
12831k€ 23805k€ 65345k€
23 805 095 € Range: 12 831 803€ - 65 345 688€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
10 459 695 € × 1.8x
Estimation 19 015 415 €
9 907 565€ - 64 600 911€
Revenue Multiple 30%
109 873 961 € × 0.32x
Estimation 35 022 076 €
17 449 490€ - 66 779 421€
Net Income Multiple 20%
11 814 108 € × 1.6x
Estimation 18 953 828 €
13 215 869€ - 65 057 033€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 50 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 (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)

Compare FIRMENICH ET COMPAGNIE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Frequently asked questions about FIRMENICH ET COMPAGNIE

What is the revenue of FIRMENICH ET COMPAGNIE ?

The revenue of FIRMENICH ET COMPAGNIE in 2024 is 109.9 M€.

Is FIRMENICH ET COMPAGNIE profitable?

Yes, FIRMENICH ET COMPAGNIE generated a net profit of 11.8 M€ in 2024.

Where is the headquarters of FIRMENICH ET COMPAGNIE ?

The headquarters of FIRMENICH ET COMPAGNIE is located in NEUILLY-SUR-SEINE (92200), in the department Hauts-de-Seine.

Where to find the tax return of FIRMENICH ET COMPAGNIE ?

The tax return of FIRMENICH ET COMPAGNIE 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 FIRMENICH ET COMPAGNIE operate?

FIRMENICH ET COMPAGNIE operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.