TORIN DRIVE EUROPE : revenue, balance sheet and financial ratios

TORIN DRIVE EUROPE is a French company founded 15 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers. Based in PONT-DE-L'ISERE (26600), this company of category ETI shows in 2021 a revenue of 45 k€. 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 - TORIN DRIVE EUROPE (SIREN 529367112)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 44 786 € 13 119 € 101 979 € 43 790 € N/C 1 006 848 €
Net income -96 252 € 15 673 € 1 642 € -36 122 € -154 961 € -3 027 €
EBITDA -12 928 € -45 807 € 11 904 € -41 230 € N/C 83 835 €
Net margin -214.9% 119.5% 1.6% -82.5% N/C -0.3%

Revenue and income statement

In 2021, TORIN DRIVE EUROPE achieves revenue of 45 k€. Revenue is declining over the period 2016-2021 (CAGR: -46.3%). Vs 2020, growth of +241% (13 k€ -> 45 k€). After deducting consumption (44 k€), gross margin stands at 1 k€, i.e. a rate of 2%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -13 k€, representing -28.9% of revenue. Positive scissor effect: EBITDA margin improves by +320.3 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -96 k€ (-214.9% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

44 786 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 068 €

EBITDA (2021) ?
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

-12 928 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-95 382 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-96 252 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-28.9%

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 271%. 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 26%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

271.058%

Financial autonomy (2021) ?
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

25.612%

Cash flow / Revenue (2021) ?
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

-76.841%

Repayment capacity (2021) ?
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

-19.715

Solvency indicators evolution
TORIN DRIVE EUROPE

Sector positioning

Debt ratio
271.06 2021
2019
2020
2021
Q1: 0.1
Med: 15.16
Q3: 64.4
Average

In 2021, the debt ratio of TORIN DRIVE EUROPE (271.06) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
25.61% 2021
2019
2020
2021
Q1: 23.33%
Med: 42.82%
Q3: 61.04%
Average

In 2021, the financial autonomy of TORIN DRIVE EUROPE (25.6%) 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
-19.71 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.09 years
Q3: 1.85 years
Excellent -51 pts over 3 years

In 2021, the repayment capacity of TORIN DRIVE EUROPE (-19.71) 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 2014.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

2014.138

Interest coverage (2021) ?
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

-6.73

Liquidity indicators evolution
TORIN DRIVE EUROPE

Sector positioning

Liquidity ratio
2014.14 2021
2019
2020
2021
Q1: 167.91
Med: 234.49
Q3: 357.22
Excellent

In 2021, the liquidity ratio of TORIN DRIVE EUROPE (2014.14) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-6.73x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.43x
Q3: 3.12x
Average -50 pts over 3 years

In 2021, the interest coverage of TORIN DRIVE EUROPE (-6.7x) 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: 3564 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 942 days. The gap of 2622 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 3909 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 5891 days of revenue, i.e. 733 k€ to permanently finance. Notable WCR improvement over the period (-55%), freeing up cash.

Operating WCR (2021) ?
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

732 821 €

Customer credit (2021) ?
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

3564 j

Supplier credit (2021) ?
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

942 j

Inventory turnover (2021) ?
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

3909 j

WCR in days of revenue (2021) ?
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

5891 j

WCR and payment terms evolution
TORIN DRIVE EUROPE

Positioning of TORIN DRIVE EUROPE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 4 996€ to 11 897€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
4k€ 5k€ 11k€
5 270 € Range: 4 996€ - 11 897€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 (Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers)

Compare TORIN DRIVE EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers

Frequently asked questions about TORIN DRIVE EUROPE

What is the revenue of TORIN DRIVE EUROPE ?

The revenue of TORIN DRIVE EUROPE in 2021 is 45 k€.

Is TORIN DRIVE EUROPE profitable?

TORIN DRIVE EUROPE recorded a net loss in 2021.

Where is the headquarters of TORIN DRIVE EUROPE ?

The headquarters of TORIN DRIVE EUROPE is located in PONT-DE-L'ISERE (26600), in the department Drome.

Where to find the tax return of TORIN DRIVE EUROPE ?

The tax return of TORIN DRIVE 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 TORIN DRIVE EUROPE operate?

TORIN DRIVE EUROPE operates in the sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (NAF code 46.69B). See the 'Sector positioning' section above to compare the company with its competitors.