JOLLY CYCLES : revenue, balance sheet and financial ratios

JOLLY CYCLES is a French company founded 21 years ago, specialized in the sector Commerce de détail d'articles de sport en magasin spécialisé. Based in LA SALVETAT-SAINT-GILLES (31880), this company of category PME shows in 2022 a revenue of 977 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - JOLLY CYCLES (SIREN 478349962)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue N/C N/C 977 024 € 1 049 863 € 911 816 € 942 973 € 860 564 € 876 596 € 879 627 € 903 313 €
Net income -1 936 € 19 223 € 37 554 € 28 652 € 4 830 € 1 130 € 600 € 12 226 € 19 080 € 33 083 €
EBITDA N/C N/C 26 103 € 73 099 € 25 001 € 27 745 € 21 556 € 48 002 € 28 647 € 75 042 €
Net margin N/C N/C 3.8% 2.7% 0.5% 0.1% 0.1% 1.4% 2.2% 3.7%

Revenue and income statement

In 2024, JOLLY CYCLES records a net loss of 2 k€. This deficit will reduce equity on the balance sheet.

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

-1 936 €

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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 59%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

58.974%

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

41.22%

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

11.5%

Solvency indicators evolution
JOLLY CYCLES

Sector positioning

Debt ratio
58.97 2024
2022
2023
2024
Q1: 6.53
Med: 32.45
Q3: 100.21
Average +10 pts over 3 years

In 2024, the debt ratio of JOLLY CYCLES (58.97) 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
41.22% 2024
2022
2023
2024
Q1: 16.5%
Med: 41.35%
Q3: 63.37%
Average

In 2024, the financial autonomy of JOLLY CYCLES (41.2%) 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
11.54 years 2022
2022
Q1: 0.0 years
Med: 1.29 years
Q3: 3.63 years
Watch

In 2022, the repayment capacity of JOLLY CYCLES (11.54) 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 195.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

195.298

Liquidity indicators evolution
JOLLY CYCLES

Sector positioning

Liquidity ratio
195.3 2024
2022
2023
2024
Q1: 162.72
Med: 255.92
Q3: 408.29
Average -11 pts over 3 years

In 2024, the liquidity ratio of JOLLY CYCLES (195.30) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
3.79x 2022
2022
Q1: 0.0x
Med: 1.27x
Q3: 4.44x
Good

In 2022, the interest coverage of JOLLY CYCLES (3.8x) 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.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
JOLLY CYCLES

Positioning of JOLLY CYCLES in its sector

Comparison with sector Commerce de détail d'articles de sport en magasin spécialisé

Similar companies (Commerce de détail d'articles de sport en magasin spécialisé)

Compare JOLLY CYCLES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'articles de sport en magasin spécialisé

Frequently asked questions about JOLLY CYCLES

What is the revenue of JOLLY CYCLES ?

The revenue of JOLLY CYCLES in 2022 is 977 k€.

Is JOLLY CYCLES profitable?

JOLLY CYCLES recorded a net loss in 2024.

Where is the headquarters of JOLLY CYCLES ?

The headquarters of JOLLY CYCLES is located in LA SALVETAT-SAINT-GILLES (31880), in the department Haute-Garonne.

Where to find the tax return of JOLLY CYCLES ?

The tax return of JOLLY CYCLES 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 JOLLY CYCLES operate?

JOLLY CYCLES operates in the sector Commerce de détail d'articles de sport en magasin spécialisé (NAF code 47.64Z). See the 'Sector positioning' section above to compare the company with its competitors.