DRANCY BAG : revenue, balance sheet and financial ratios

DRANCY BAG is a French company founded 31 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in DRANCY (93700), this company of category PME shows in 2022 a revenue of 1.3 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 - DRANCY BAG (SIREN 399709286)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 1 266 568 € 403 707 € 344 480 € 409 481 € 375 192 € 359 354 € 330 507 €
Net income 0 € 54 052 € 173 € 33 782 € 32 199 € 20 228 € 31 876 € 130 635 €
EBITDA N/C 48 656 € -11 585 € 26 011 € 30 346 € 18 205 € -31 309 € -59 581 €
Net margin N/C 4.3% 0.0% 9.8% 7.9% 5.4% 8.9% 39.5%

Revenue and income statement

In 2023, DRANCY BAG records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2016-2022: 131 k€ -> 0 €.

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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 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 20%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

70.665%

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

19.645%

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

28.2%

Solvency indicators evolution
DRANCY BAG

Sector positioning

Debt ratio
70.67 2023
2021
2022
2023
Q1: 0.15
Med: 18.97
Q3: 67.19
Average

In 2023, the debt ratio of DRANCY BAG (70.67) 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
19.64% 2023
2021
2022
2023
Q1: 15.58%
Med: 39.16%
Q3: 61.26%
Average -39 pts over 3 years

In 2023, the financial autonomy of DRANCY BAG (19.6%) 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
1.62 years 2022
2021
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 2.38 years
Average -10 pts over 2 years

In 2022, the repayment capacity of DRANCY BAG (1.62) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 136.89. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

136.886

Liquidity indicators evolution
DRANCY BAG

Sector positioning

Liquidity ratio
136.89 2023
2021
2022
2023
Q1: 150.77
Med: 236.31
Q3: 432.28
Watch -23 pts over 3 years

In 2023, the liquidity ratio of DRANCY BAG (136.89) 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
1.68x 2022
2021
2022
Q1: 0.0x
Med: 0.57x
Q3: 5.61x
Good +30 pts over 2 years

In 2022, the interest coverage of DRANCY BAG (1.7x) 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: 212 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 355 days. Excellent situation: suppliers finance 143 days of the operating cycle (retail model).

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

0 €

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

212 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

355 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

0 j

WCR and payment terms evolution
DRANCY BAG

Positioning of DRANCY BAG in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'autres biens domestiques

Similar companies (Commerce de gros (commerce interentreprises) d'autres biens domestiques )

Compare DRANCY BAG with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'autres biens domestiques

Frequently asked questions about DRANCY BAG

What is the revenue of DRANCY BAG ?

The revenue of DRANCY BAG in 2022 is 1.3 M€.

Is DRANCY BAG profitable?

Yes, DRANCY BAG generated a net profit of 54 k€ in 2022.

Where is the headquarters of DRANCY BAG ?

The headquarters of DRANCY BAG is located in DRANCY (93700), in the department Seine-Saint-Denis.

Where to find the tax return of DRANCY BAG ?

The tax return of DRANCY BAG 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 DRANCY BAG operate?

DRANCY BAG operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.