DRIVE AND RACE CLASSIC (DRC) : revenue, balance sheet and financial ratios

DRIVE AND RACE CLASSIC (DRC) is a French company founded 13 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in SAINT-GERMAIN-EN-LAYE (78100), this company of category PME shows in 2021 a revenue of 315 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - DRIVE AND RACE CLASSIC (DRC) (SIREN 752815860)
Indicator 2021 2020 2019 2018 2017 2016 2015
Revenue 314 600 € 320 143 € 250 342 € 269 957 € 210 082 € 145 745 € 139 875 €
Net income -8 852 € -5 433 € -26 466 € -151 543 € -172 773 € -188 141 € -136 605 €
EBITDA 151 178 € 138 949 € 46 859 € 6 895 € -8 276 € -8 785 € -22 990 €
Net margin -2.8% -1.7% -10.6% -56.1% -82.2% -129.1% -97.7%

Revenue and income statement

In 2021, DRIVE AND RACE CLASSIC (DRC) achieves revenue of 315 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +14.5%. Slight decline of -2% vs 2020. After deducting consumption (0 €), gross margin stands at 315 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 151 k€, representing 48.1% of revenue. Positive scissor effect: EBITDA margin improves by +4.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -9 k€ (-2.8% 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

314 600 €

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

314 600 €

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

151 178 €

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

7 382 €

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

-8 852 €

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

48.1%

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 -617%. 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). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 16.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 47.7% 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 (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

-616.56%

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

-18.444%

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

47.711%

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

16.424

Asset age ratio (2021) ?
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

84.1%

Solvency indicators evolution
DRIVE AND RACE CLASSIC (DRC)

Sector positioning

Debt ratio
-616.56 2021
2019
2020
2021
Q1: 7.66
Med: 58.53
Q3: 167.94
Excellent

In 2021, the debt ratio of DRIVE AND RACE CLASSIC (DRC) (-616.56) 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
-18.44% 2021
2019
2020
2021
Q1: 14.57%
Med: 31.02%
Q3: 53.13%
Average

In 2021, the financial autonomy of DRIVE AND RACE CLASSIC (DRC) (-18.4%) 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
16.42 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.67 years
Q3: 4.7 years
Watch

In 2021, the repayment capacity of DRIVE AND RACE CLASSIC (DRC) (16.42) 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 294.35. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

294.349

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

0.024

Liquidity indicators evolution
DRIVE AND RACE CLASSIC (DRC)

Sector positioning

Liquidity ratio
294.35 2021
2019
2020
2021
Q1: 142.09
Med: 211.41
Q3: 377.57
Good -12 pts over 3 years

In 2021, the liquidity ratio of DRIVE AND RACE CLASSIC (DRC) (294.35) 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
0.02x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.82x
Q3: 7.22x
Average -49 pts over 3 years

In 2021, the interest coverage of DRIVE AND RACE CLASSIC (DRC) (0.0x) 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: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-182 days): operations structurally generate cash. Notable WCR improvement over the period (-2293%), 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

-158 791 €

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

65 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

73 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

7 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

-182 j

WCR and payment terms evolution
DRIVE AND RACE CLASSIC (DRC)

Positioning of DRIVE AND RACE CLASSIC (DRC) in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 128 transactions of similar company sales in 2021, the value of DRIVE AND RACE CLASSIC (DRC) is estimated at 192 362 € (range 87 452€ - 827 059€). With an EBITDA of 151 178€, the sector multiple of 1.8x is applied. The price/revenue ratio is 0.16x (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 2021
128 transactions
87k€ 192k€ 827k€
192 362 € Range: 87 452€ - 827 059€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
151 178 € × 1.8x
Estimation 278 347 €
124 521€ - 1 272 672€
Revenue Multiple 30%
314 600 € × 0.16x
Estimation 49 055 €
25 671€ - 84 373€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 128 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 voitures et de véhicules automobiles légers)

Compare DRIVE AND RACE CLASSIC (DRC) with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about DRIVE AND RACE CLASSIC (DRC)

What is the revenue of DRIVE AND RACE CLASSIC (DRC) ?

The revenue of DRIVE AND RACE CLASSIC (DRC) in 2021 is 315 k€.

Is DRIVE AND RACE CLASSIC (DRC) profitable?

DRIVE AND RACE CLASSIC (DRC) recorded a net loss in 2021.

Where is the headquarters of DRIVE AND RACE CLASSIC (DRC) ?

The headquarters of DRIVE AND RACE CLASSIC (DRC) is located in SAINT-GERMAIN-EN-LAYE (78100), in the department Yvelines.

Where to find the tax return of DRIVE AND RACE CLASSIC (DRC) ?

The tax return of DRIVE AND RACE CLASSIC (DRC) 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 DRIVE AND RACE CLASSIC (DRC) operate?

DRIVE AND RACE CLASSIC (DRC) operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.