OBRAPAC SAS : revenue, balance sheet and financial ratios

OBRAPAC SAS is a French company founded 36 years ago, specialized in the sector Fabrication d’autres meubles et industries connexes de l’ameublement. Based in PLELO (22170), this company of category PME shows in 2023 a revenue of 1.6 M€. 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 - OBRAPAC SAS (SIREN 378412043)
Indicator 2024 2023 2019 2018 2017 2016
Revenue N/C 1 567 816 € 864 338 € 936 901 € 1 114 929 € 1 177 209 €
Net income -198 893 € -22 023 € -84 630 € -130 710 € 58 949 € 16 049 €
EBITDA N/C 2 832 € -18 004 € -75 407 € 101 134 € 55 591 €
Net margin N/C -1.4% -9.8% -14.0% 5.3% 1.4%

Revenue and income statement

In 2024, OBRAPAC SAS records a net loss of 199 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

-198 893 €

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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 85%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.

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

84.978%

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

39.467%

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

40.9%

Solvency indicators evolution
OBRAPAC SAS

Sector positioning

Debt ratio
84.98 2024
2019
2023
2024
Q1: 0.92
Med: 21.14
Q3: 74.6
Average +39 pts over 3 years

In 2024, the debt ratio of OBRAPAC SAS (84.98) 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
39.47% 2024
2019
2023
2024
Q1: 7.98%
Med: 31.08%
Q3: 54.68%
Good -17 pts over 3 years

In 2024, the financial autonomy of OBRAPAC SAS (39.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
197.43 years 2023
2019
2023
Q1: 0.0 years
Med: 0.15 years
Q3: 1.79 years
Watch +73 pts over 2 years

In 2023, the repayment capacity of OBRAPAC SAS (197.43) 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 182.83. 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

182.834

Liquidity indicators evolution
OBRAPAC SAS

Sector positioning

Liquidity ratio
182.83 2024
2019
2023
2024
Q1: 131.19
Med: 215.69
Q3: 367.62
Average -35 pts over 3 years

In 2024, the liquidity ratio of OBRAPAC SAS (182.83) 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
259.85x 2023
2019
2023
Q1: 0.0x
Med: 0.0x
Q3: 3.83x
Excellent +57 pts over 2 years

In 2023, the interest coverage of OBRAPAC SAS (259.9x) 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.

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
OBRAPAC SAS

Positioning of OBRAPAC SAS in its sector

Comparison with sector Fabrication d’autres meubles et industries connexes de l’ameublement

Similar companies (Fabrication d’autres meubles et industries connexes de l’ameublement)

Compare OBRAPAC SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d’autres meubles et industries connexes de l’ameublement

Frequently asked questions about OBRAPAC SAS

What is the revenue of OBRAPAC SAS ?

The revenue of OBRAPAC SAS in 2023 is 1.6 M€.

Is OBRAPAC SAS profitable?

OBRAPAC SAS recorded a net loss in 2024.

Where is the headquarters of OBRAPAC SAS ?

The headquarters of OBRAPAC SAS is located in PLELO (22170), in the department Cotes-d'Armor.

Where to find the tax return of OBRAPAC SAS ?

The tax return of OBRAPAC SAS 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 OBRAPAC SAS operate?

OBRAPAC SAS operates in the sector Fabrication d’autres meubles et industries connexes de l’ameublement (NAF code 31.09B). See the 'Sector positioning' section above to compare the company with its competitors.