TOKHEIM SERVICES FRANCE : revenue, balance sheet and financial ratios

TOKHEIM SERVICES FRANCE is a French company founded 38 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in LE PLESSIS-ROBINSON (92350), this company of category ETI shows in 2023 a revenue of 218.7 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 - TOKHEIM SERVICES FRANCE (SIREN 345351183)
Indicator 2023 2022 2021 2020 2018 2017 2016 2015
Revenue 218 742 976 € 187 248 853 € 176 015 707 € 158 548 806 € 129 768 188 € 131 164 398 € 136 796 957 € 153 188 462 €
Net income 6 422 435 € 19 886 611 € 8 067 059 € 5 165 208 € -21 383 € -418 153 € 92 238 856 € 5 177 282 €
EBITDA 6 219 615 € 5 081 998 € 5 103 971 € 4 954 847 € 845 227 € 1 005 818 € -1 106 615 € 2 136 757 €
Net margin 2.9% 10.6% 4.6% 3.3% -0.0% -0.3% 67.4% 3.4%

Revenue and income statement

In 2023, TOKHEIM SERVICES FRANCE achieves revenue of 218.7 M€. Revenue is growing positively over 8 years (CAGR: +4.6%). Vs 2022, growth of +17% (187.2 M€ -> 218.7 M€). After deducting consumption (70.8 M€), gross margin stands at 147.9 M€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6.2 M€, representing 2.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.4 M€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

218 742 976 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

147 941 366 €

EBITDA (2023) ?
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

6 219 615 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

7 241 480 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

6 422 435 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.8%

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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 1%. 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 32%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.358%

Financial autonomy (2023) ?
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

32.031%

Cash flow / Revenue (2023) ?
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

-0.105%

Repayment capacity (2023) ?
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

-3.431

Asset age ratio (2023) ?
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

32.5%

Solvency indicators evolution
TOKHEIM SERVICES FRANCE

Sector positioning

Debt ratio
1.36 2023
2021
2022
2023
Q1: 2.93
Med: 19.64
Q3: 60.67
Excellent

In 2023, the debt ratio of TOKHEIM SERVICES FRANCE (1.36) 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
32.03% 2023
2021
2022
2023
Q1: 21.66%
Med: 42.7%
Q3: 61.08%
Average +12 pts over 3 years

In 2023, the financial autonomy of TOKHEIM SERVICES FRANCE (32.0%) 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
-3.43 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.41 years
Q3: 1.77 years
Excellent -39 pts over 3 years

In 2023, the repayment capacity of TOKHEIM SERVICES FRANCE (-3.43) 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 276.12. 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 4.1x. Financial charges are adequately covered by operations.

Liquidity ratio (2023) ?
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

276.125

Interest coverage (2023) ?
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

4.128

Liquidity indicators evolution
TOKHEIM SERVICES FRANCE

Sector positioning

Liquidity ratio
276.12 2023
2021
2022
2023
Q1: 166.89
Med: 236.12
Q3: 336.32
Good +10 pts over 3 years

In 2023, the liquidity ratio of TOKHEIM SERVICES FRANCE (276.12) 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.

Interest coverage
4.13x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.61x
Q3: 3.09x
Excellent

In 2023, the interest coverage of TOKHEIM SERVICES FRANCE (4.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 90 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. The company must finance 9 days of gap between collections and payments. Inventory turnover is 15 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 166 days of revenue, i.e. 101.2 M€ to permanently finance. Over 2015-2023, WCR increased by +262%, requiring additional financing.

Operating WCR (2023) ?
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

101 159 877 €

Customer credit (2023) ?
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

90 j

Supplier credit (2023) ?
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

81 j

Inventory turnover (2023) ?
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

15 j

WCR in days of revenue (2023) ?
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

166 j

WCR and payment terms evolution
TOKHEIM SERVICES FRANCE

Positioning of TOKHEIM SERVICES FRANCE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of TOKHEIM SERVICES FRANCE is estimated at 22 501 735 € (range 12 709 642€ - 61 215 499€). With an EBITDA of 6 219 615€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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 2023
104 transactions
12709k€ 22501k€ 61215k€
22 501 735 € Range: 12 709 642€ - 61 215 499€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 219 615 € × 1.0x
Estimation 6 395 548 €
4 414 606€ - 20 922 733€
Revenue Multiple 30%
218 742 976 € × 0.27x
Estimation 58 820 850 €
31 365 818€ - 149 390 791€
Net Income Multiple 20%
6 422 435 € × 1.3x
Estimation 8 288 534 €
5 462 969€ - 29 684 476€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare TOKHEIM SERVICES FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about TOKHEIM SERVICES FRANCE

What is the revenue of TOKHEIM SERVICES FRANCE ?

The revenue of TOKHEIM SERVICES FRANCE in 2023 is 218.7 M€.

Is TOKHEIM SERVICES FRANCE profitable?

Yes, TOKHEIM SERVICES FRANCE generated a net profit of 6.4 M€ in 2023.

Where is the headquarters of TOKHEIM SERVICES FRANCE ?

The headquarters of TOKHEIM SERVICES FRANCE is located in LE PLESSIS-ROBINSON (92350), in the department Hauts-de-Seine.

Where to find the tax return of TOKHEIM SERVICES FRANCE ?

The tax return of TOKHEIM SERVICES 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 TOKHEIM SERVICES FRANCE operate?

TOKHEIM SERVICES FRANCE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.