DELIFRANCE S A : revenue, balance sheet and financial ratios

DELIFRANCE S A is a French company founded 48 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in IVRY-SUR-SEINE (94200), this company of category GE shows in 2018 a revenue of 432.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - DELIFRANCE S A (SIREN 313167173)
Indicator 2019 2018 2017 2016
Revenue N/C 432 323 000 € 394 600 000 € N/C
Net income -41 459 000 € 6 183 000 € 199 000 € 3 133 000 €
EBITDA -161 506 000 € 4 918 000 € 1 126 000 € -318 265 600 €
Net margin N/C 1.4% 0.1% N/C

Revenue and income statement

In 2019, DELIFRANCE S A records a net loss of 41.5 M€. This deficit will reduce equity on the balance sheet.

EBITDA (2019) ?
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

-161 506 000 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-21 730 000 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-41 459 000 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

367059.1%

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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 12%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 91509.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.166%

Financial autonomy (2019) ?
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

18.266%

Cash flow / Revenue (2019) ?
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

91509.559%

Repayment capacity (2019) ?
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

-0.201

Asset age ratio (2019) ?
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

39.9%

Solvency indicators evolution
DELIFRANCE S A

Sector positioning

Debt ratio
12.17 2019
2017
2018
2019
Q1: 2.77
Med: 41.98
Q3: 145.01
Good +6 pts over 3 years

In 2019, the debt ratio of DELIFRANCE S A (12.17) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
18.27% 2019
2017
2018
2019
Q1: 12.31%
Med: 35.48%
Q3: 53.5%
Average -12 pts over 3 years

In 2019, the financial autonomy of DELIFRANCE S A (18.3%) 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
-0.2 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 1.4 years
Q3: 4.47 years
Excellent

In 2019, the repayment capacity of DELIFRANCE S A (-0.20) 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 46.62. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

46.623

Interest coverage (2019) ?
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

-17.642

Liquidity indicators evolution
DELIFRANCE S A

Sector positioning

Liquidity ratio
46.62 2019
2017
2018
2019
Q1: 103.57
Med: 154.37
Q3: 208.48
Watch

In 2019, the liquidity ratio of DELIFRANCE S A (46.62) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-17.64x 2019
2017
2018
2019
Q1: 0.0x
Med: 1.56x
Q3: 7.54x
Watch -51 pts over 3 years

In 2019, the interest coverage of DELIFRANCE S A (-17.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 160 days. Excellent situation: suppliers finance 160 days of the operating cycle (retail model).

Operating WCR (2019) ?
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

0 €

Customer credit (2019) ?
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

0 j

Supplier credit (2019) ?
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

160 j

Inventory turnover (2019) ?
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 and payment terms evolution
DELIFRANCE S A

Positioning of DELIFRANCE S A in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Similar companies (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare DELIFRANCE S A with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about DELIFRANCE S A

What is the revenue of DELIFRANCE S A ?

The revenue of DELIFRANCE S A in 2018 is 432.3 M€.

Is DELIFRANCE S A profitable?

DELIFRANCE S A recorded a net loss in 2019.

Where is the headquarters of DELIFRANCE S A ?

The headquarters of DELIFRANCE S A is located in IVRY-SUR-SEINE (94200), in the department Val-de-Marne.

Where to find the tax return of DELIFRANCE S A ?

The tax return of DELIFRANCE S A 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 DELIFRANCE S A operate?

DELIFRANCE S A operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.