SMURFIT WESTROCK EUROPE : revenue, balance sheet and financial ratios

SMURFIT WESTROCK EUROPE is a French company founded 35 years ago, specialized in the sector Services administratifs combinés de bureau. Based in COURBEVOIE (92400), this company of category GE shows in 2024 a revenue of 6.1 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 - SMURFIT WESTROCK EUROPE (SIREN 378746572)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 053 578 € 6 482 982 € 7 301 823 € 6 480 905 € 5 911 521 € 7 739 623 € 7 025 020 € 4 233 105 € 10 311 046 €
Net income 212 084 € 244 505 € 297 585 € 233 056 € 236 690 € 337 583 € 283 855 € 162 202 € 305 647 €
EBITDA 183 496 € 1 041 748 € 381 274 € 359 719 € -112 321 € 627 954 € 458 952 € 338 425 € 666 748 €
Net margin 3.5% 3.8% 4.1% 3.6% 4.0% 4.4% 4.0% 3.8% 3.0%

Revenue and income statement

In 2024, SMURFIT WESTROCK EUROPE achieves revenue of 6.1 M€. Revenue is declining over the period 2016-2024 (CAGR: -6.4%). Slight decline of -7% vs 2023. After deducting consumption (0 €), gross margin stands at 6.1 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 183 k€, representing 3.0% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -82%, reducing margin by 13.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 212 k€, i.e. 3.5% 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

6 053 578 €

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

6 053 578 €

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

183 496 €

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

243 741 €

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

212 084 €

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

3.0%

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 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

47.59%

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

2.58%

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

Solvency indicators evolution
SMURFIT WESTROCK EUROPE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 11.23
Q3: 90.41
Excellent

In 2024, the debt ratio of SMURFIT WESTROCK EUROPE (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
47.59% 2024
2022
2023
2024
Q1: 5.18%
Med: 39.1%
Q3: 79.71%
Good +12 pts over 3 years

In 2024, the financial autonomy of SMURFIT WESTROCK EUROPE (47.6%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 2.9 years
Excellent

In 2024, the repayment capacity of SMURFIT WESTROCK EUROPE (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 190.97. 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 0.0x. 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

190.971

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

0.009

Liquidity indicators evolution
SMURFIT WESTROCK EUROPE

Sector positioning

Liquidity ratio
190.97 2024
2022
2023
2024
Q1: 104.39
Med: 336.39
Q3: 1728.48
Average

In 2024, the liquidity ratio of SMURFIT WESTROCK EUROPE (190.97) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.01x 2024
2022
2023
2024
Q1: -24.69x
Med: 0.0x
Q3: 0.2x
Good

In 2024, the interest coverage of SMURFIT WESTROCK EUROPE (0.0x) 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: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6 days. The company must finance 17 days of gap between collections and payments. Overall, WCR represents 63 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2024, WCR increased by +124%, 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

1 057 318 €

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

23 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

6 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

63 j

WCR and payment terms evolution
SMURFIT WESTROCK EUROPE

Positioning of SMURFIT WESTROCK EUROPE in its sector

Comparison with sector Services administratifs combinés de bureau

Valuation estimate

Based on 173 transactions of similar company sales (all years), the value of SMURFIT WESTROCK EUROPE is estimated at 1 162 886 € (range 431 119€ - 2 591 538€). With an EBITDA of 183 496€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2024
173 transactions
431k€ 1162k€ 2591k€
1 162 886 € Range: 431 119€ - 2 591 538€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
183 496 € × 3.4x
Estimation 630 610 €
172 762€ - 1 220 773€
Revenue Multiple 30%
6 053 578 € × 0.38x
Estimation 2 326 983 €
974 368€ - 5 256 154€
Net Income Multiple 20%
212 084 € × 3.5x
Estimation 747 433 €
262 140€ - 2 021 530€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 173 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 (Services administratifs combinés de bureau)

Compare SMURFIT WESTROCK EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Services administratifs combinés de bureau

Frequently asked questions about SMURFIT WESTROCK EUROPE

What is the revenue of SMURFIT WESTROCK EUROPE ?

The revenue of SMURFIT WESTROCK EUROPE in 2024 is 6.1 M€.

Is SMURFIT WESTROCK EUROPE profitable?

Yes, SMURFIT WESTROCK EUROPE generated a net profit of 212 k€ in 2024.

Where is the headquarters of SMURFIT WESTROCK EUROPE ?

The headquarters of SMURFIT WESTROCK EUROPE is located in COURBEVOIE (92400), in the department Hauts-de-Seine.

Where to find the tax return of SMURFIT WESTROCK EUROPE ?

The tax return of SMURFIT WESTROCK 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 SMURFIT WESTROCK EUROPE operate?

SMURFIT WESTROCK EUROPE operates in the sector Services administratifs combinés de bureau (NAF code 82.11Z). See the 'Sector positioning' section above to compare the company with its competitors.