FRAGRANCE PRODUCTION : revenue, balance sheet and financial ratios

FRAGRANCE PRODUCTION is a French company founded 18 years ago, specialized in the sector Fabrication de parfums et de produits pour la toilette. Based in CHARTRES (28000), this company of category GE shows in 2025 a revenue of 229.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FRAGRANCE PRODUCTION (SIREN 409935012)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 229 246 171 € 240 329 323 € 233 912 361 € 168 297 095 € 151 273 126 € 177 103 991 € 214 402 301 € 230 042 457 € 235 579 520 €
Net income 11 869 885 € 13 306 030 € 13 877 308 € 7 701 497 € -710 662 € 6 492 474 € 5 023 003 € 11 091 824 € 8 299 930 €
EBITDA 24 193 930 € 23 047 494 € 27 102 660 € 14 233 460 € 8 481 455 € 18 653 318 € 13 657 722 € 23 151 045 € 19 383 023 €
Net margin 5.2% 5.5% 5.9% 4.6% -0.5% 3.7% 2.3% 4.8% 3.5%

Revenue and income statement

In 2025, FRAGRANCE PRODUCTION achieves revenue of 229.2 M€. Activity remains stable over the period (CAGR: -0.3%). Slight decline of -5% vs 2024. After deducting consumption (173.6 M€), gross margin stands at 55.7 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24.2 M€, representing 10.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11.9 M€, i.e. 5.2% of revenue. This profit can be retained or distributed to shareholders.

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

229 246 171 €

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

55 652 846 €

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

24 193 930 €

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

17 678 588 €

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

11 869 885 €

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

10.5%

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Chart evolution

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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 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 39%. The balance between equity and debt is satisfactory. Cash flow represents 8.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

0.0%

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

39.442%

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

8.279%

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

0.0

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

27.6%

Solvency indicators evolution
FRAGRANCE PRODUCTION

Sector positioning

Debt ratio
0.0 2025
2023
2024
2025
Q1: 4.59
Med: 24.18
Q3: 91.97
Excellent

In 2025, the debt ratio of FRAGRANCE PRODUCTION (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
39.44% 2025
2023
2024
2025
Q1: 24.43%
Med: 45.92%
Q3: 56.86%
Average -10 pts over 3 years

In 2025, the financial autonomy of FRAGRANCE PRODUCTION (39.4%) 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 2025
2023
2024
2025
Q1: 0.0 years
Med: 2.06 years
Q3: 8.39 years
Excellent

In 2025, the repayment capacity of FRAGRANCE PRODUCTION (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 124.60. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

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

124.596

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

0.084

Liquidity indicators evolution
FRAGRANCE PRODUCTION

Sector positioning

Liquidity ratio
124.6 2025
2023
2024
2025
Q1: 152.47
Med: 228.32
Q3: 320.82
Watch -6 pts over 3 years

In 2025, the liquidity ratio of FRAGRANCE PRODUCTION (124.60) 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
0.08x 2025
2023
2024
2025
Q1: 0.07x
Med: 4.01x
Q3: 11.8x
Average

In 2025, the interest coverage of FRAGRANCE PRODUCTION (0.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Excellent situation: suppliers finance 76 days of the operating cycle (retail model). Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 108 days of revenue, i.e. 68.8 M€ to permanently finance. Over 2017-2025, WCR increased by +23%, 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

68 819 701 €

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

25 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

101 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

33 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

108 j

WCR and payment terms evolution
FRAGRANCE PRODUCTION

Positioning of FRAGRANCE PRODUCTION in its sector

Comparison with sector Fabrication de parfums et de produits pour la toilette

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of FRAGRANCE PRODUCTION is estimated at 16 392 363 € (range 7 795 250€ - 44 680 740€). With an EBITDA of 24 193 930€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.11x (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
74 tx
7795k€ 16392k€ 44680k€
16 392 363 € Range: 7 795 250€ - 44 680 740€
Section all-time Aggregated at NAF section level

Valuation detail by method

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EBITDA Multiple 50%
24 193 930 € × 0.6x
Estimation 15 121 829 €
4 581 221€ - 34 871 410€
Revenue Multiple 30%
229 246 171 € × 0.11x
Estimation 25 181 372 €
16 432 988€ - 57 291 397€
Net Income Multiple 20%
11 869 885 € × 0.5x
Estimation 6 385 185 €
2 873 716€ - 50 288 082€
How is this estimate calculated?

This estimate is based on the analysis of 74 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 parfums et de produits pour la toilette)

Compare FRAGRANCE PRODUCTION with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de parfums et de produits pour la toilette

Frequently asked questions about FRAGRANCE PRODUCTION

What is the revenue of FRAGRANCE PRODUCTION ?

The revenue of FRAGRANCE PRODUCTION in 2025 is 229.2 M€.

Is FRAGRANCE PRODUCTION profitable?

Yes, FRAGRANCE PRODUCTION generated a net profit of 11.9 M€ in 2025.

Where is the headquarters of FRAGRANCE PRODUCTION ?

The headquarters of FRAGRANCE PRODUCTION is located in CHARTRES (28000), in the department Eure-et-Loir.

Where to find the tax return of FRAGRANCE PRODUCTION ?

The tax return of FRAGRANCE PRODUCTION 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 FRAGRANCE PRODUCTION operate?

FRAGRANCE PRODUCTION operates in the sector Fabrication de parfums et de produits pour la toilette (NAF code 20.42Z). See the 'Sector positioning' section above to compare the company with its competitors.