SIREN : 548201490
NOVEAL is a French company founded 72 years ago, specialized in the sector Fabrication d'autres produits chimiques organiques de base. Based in LE THILLAY (95500), this company of category GE shows in 2024 a revenue of 119.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 118 961 592 € | 141 513 324 € | 127 737 072 € | 103 652 101 € | 102 988 390 € | 86 366 570 € | 83 854 358 € | 78 625 517 € | 78 865 906 € |
| Net income | -1 398 533 € | 451 512 € | 5 037 041 € | 4 642 908 € | 4 073 417 € | 3 853 396 € | 3 410 050 € | 2 884 568 € | 4 604 757 € |
| EBITDA | 15 898 309 € | 18 016 124 € | 9 186 563 € | 11 313 212 € | 12 566 924 € | 10 787 852 € | 12 453 491 € | 11 014 841 € | 9 982 851 € |
| Net margin | -1.2% | 0.3% | 3.9% | 4.5% | 4.0% | 4.5% | 4.1% | 3.7% | 5.8% |
In 2024, NOVEAL achieves revenue of 119.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.3%. Significant drop of -16% vs 2023. After deducting consumption (42.4 M€), gross margin stands at 76.6 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15.9 M€, representing 13.4% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -1.4 M€ (-1.2% of revenue), which will impact equity.
118 961 592 €
76 568 107 €
15 898 309 €
7 930 036 €
-1 398 533 €
13.4%
The debt ratio (= Financial debt / Equity x 100) stands at 1279%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 22.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
1278.663%
5.787%
6.647%
22.008
34.3%
In 2024, the debt ratio of NOVEAL (1278.66) 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.
In 2024, the financial autonomy of NOVEAL (5.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of NOVEAL (22.01) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 364.33. 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 39.1x. Operating income very largely covers interest expenses: high safety margin.
364.333
39.074
In 2024, the liquidity ratio of NOVEAL (364.33) 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.
In 2024, the interest coverage of NOVEAL (39.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 401 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 392 days of revenue, i.e. 129.5 M€ to permanently finance. Over 2016-2024, WCR increased by +563%, requiring additional financing.
129 486 124 €
59 j
69 j
401 j
392 j
Based on 74 transactions of similar company sales
(all years),
the value of NOVEAL is estimated at
11 110 750 €
(range 5 079 315€ - 25 470 411€).
With an EBITDA of 15 898 309€, 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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare NOVEAL with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres produits chimiques organiques de base
The revenue of NOVEAL in 2024 is 119.0 M€.
NOVEAL recorded a net loss in 2024.
The headquarters of NOVEAL is located in LE THILLAY (95500), in the department Val-d'Oise.
The tax return of NOVEAL 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).
NOVEAL operates in the sector Fabrication d'autres produits chimiques organiques de base (NAF code 20.14Z). See the 'Sector positioning' section above to compare the company with its competitors.