TOYO INK EUROPE SPECIALTY CHEMICALS : revenue, balance sheet and financial ratios

TOYO INK EUROPE SPECIALTY CHEMICALS is a French company founded 33 years ago, specialized in the sector Fabrication de colorants et de pigments. Based in OISSEL (76350), this company of category PME shows in 2024 a revenue of 40.2 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 - TOYO INK EUROPE SPECIALTY CHEMICALS (SIREN 389316191)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 40 247 525 € 39 817 447 € 40 241 634 € 43 918 710 € 42 751 080 € 48 069 520 € 48 622 377 € 48 790 768 € 55 806 903 €
Net income 443 669 € 49 270 € -1 116 172 € 2 292 147 € -9 708 757 € -1 856 306 € -497 778 € 1 149 762 € 1 040 893 €
EBITDA 3 808 654 € 3 699 934 € 2 212 510 € 4 774 395 € 433 720 € 3 102 951 € 2 979 940 € 5 123 853 € 5 004 640 €
Net margin 1.1% 0.1% -2.8% 5.2% -22.7% -3.9% -1.0% 2.4% 1.9%

Revenue and income statement

In 2024, TOYO INK EUROPE SPECIALTY CHEMICALS achieves revenue of 40.2 M€. Activity remains stable over the period (CAGR: -4.0%). Vs 2023: +1%. After deducting consumption (13.6 M€), gross margin stands at 26.6 M€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.8 M€, representing 9.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 444 k€, i.e. 1.1% 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

40 247 525 €

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

26 622 701 €

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

3 808 654 €

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

605 731 €

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

443 669 €

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

9.4%

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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 49%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

49.135%

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

55.856%

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

9.05%

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

3.072

Asset age ratio (2024) ?
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

19.3%

Solvency indicators evolution
TOYO INK EUROPE SPECIALTY CHEMICALS

Sector positioning

Debt ratio
49.13 2024
2022
2023
2024
Q1: 0.0
Med: 3.1
Q3: 19.68
Watch

In 2024, the debt ratio of TOYO INK EUROPE SPECIALTY... (49.13) 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.

Financial autonomy
55.86% 2024
2022
2023
2024
Q1: 22.63%
Med: 64.8%
Q3: 77.65%
Average +20 pts over 3 years

In 2024, the financial autonomy of TOYO INK EUROPE SPECIALTY... (55.9%) 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
3.07 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.15 years
Q3: 1.58 years
Watch -20 pts over 3 years

In 2024, the repayment capacity of TOYO INK EUROPE SPECIALTY... (3.07) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 447.63. 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 18.2x. Operating income very largely covers interest expenses: high safety margin.

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

447.626

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

18.222

Liquidity indicators evolution
TOYO INK EUROPE SPECIALTY CHEMICALS

Sector positioning

Liquidity ratio
447.63 2024
2022
2023
2024
Q1: 208.75
Med: 390.1
Q3: 530.05
Good -15 pts over 3 years

In 2024, the liquidity ratio of TOYO INK EUROPE SPECIALTY... (447.63) 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
18.22x 2024
2022
2023
2024
Q1: 0.02x
Med: 3.44x
Q3: 11.94x
Excellent

In 2024, the interest coverage of TOYO INK EUROPE SPECIALTY... (18.2x) 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: 47 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Inventory turnover is 156 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 198 days of revenue, i.e. 22.2 M€ to permanently finance.

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

22 182 021 €

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

47 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

51 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

156 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

198 j

WCR and payment terms evolution
TOYO INK EUROPE SPECIALTY CHEMICALS

Positioning of TOYO INK EUROPE SPECIALTY CHEMICALS in its sector

Comparison with sector Fabrication de colorants et de pigments

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of TOYO INK EUROPE SPECIALTY CHEMICALS is estimated at 2 564 273 € (range 1 247 590€ - 6 138 195€). With an EBITDA of 3 808 654€, 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 2024
74 tx
1247k€ 2564k€ 6138k€
2 564 273 € Range: 1 247 590€ - 6 138 195€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 808 654 € × 0.6x
Estimation 2 380 507 €
721 184€ - 5 489 523€
Revenue Multiple 30%
40 247 525 € × 0.11x
Estimation 4 420 959 €
2 885 052€ - 10 058 344€
Net Income Multiple 20%
443 669 € × 0.5x
Estimation 238 664 €
107 413€ - 1 879 653€
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 colorants et de pigments)

Compare TOYO INK EUROPE SPECIALTY CHEMICALS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de colorants et de pigments

Frequently asked questions about TOYO INK EUROPE SPECIALTY CHEMICALS

What is the revenue of TOYO INK EUROPE SPECIALTY CHEMICALS ?

The revenue of TOYO INK EUROPE SPECIALTY CHEMICALS in 2024 is 40.2 M€.

Is TOYO INK EUROPE SPECIALTY CHEMICALS profitable?

Yes, TOYO INK EUROPE SPECIALTY CHEMICALS generated a net profit of 444 k€ in 2024.

Where is the headquarters of TOYO INK EUROPE SPECIALTY CHEMICALS ?

The headquarters of TOYO INK EUROPE SPECIALTY CHEMICALS is located in OISSEL (76350), in the department Seine-Maritime.

Where to find the tax return of TOYO INK EUROPE SPECIALTY CHEMICALS ?

The tax return of TOYO INK EUROPE SPECIALTY CHEMICALS 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 TOYO INK EUROPE SPECIALTY CHEMICALS operate?

TOYO INK EUROPE SPECIALTY CHEMICALS operates in the sector Fabrication de colorants et de pigments (NAF code 20.12Z). See the 'Sector positioning' section above to compare the company with its competitors.