TOP-10 food industry enterprises in Novosibirsk by asset coverage ratio
ranking 12/07/2021
Information agency Credinform has prepared a ranking of food industry enterprises in Novosibirsk. Companies engaged in manufacture of food products and beverages (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018 - 2020). Then the companies were ranged by asset coverage ratio (Table 1). The selection and analysis of companies were based on the data from the Information and Analytical system Globas.
Asset coverage ratio (x) is calculated as the difference between equity and non-current assets to current assets.
The ratio characterizes the ability of a company to finance current activities only with its current assets. The recommended value of the ratio is > 0.1.
In order to get the most comprehensive and fair picture of the financial standing of an enterprise, it is necessary to pay attention to all the combination of financial indicators and company’s ratios.
| Name, INN, type of activity | Revenue, million RUB | Net profit (loss), million RUB | Asset coverage ratio (x) | Solvency index Globas | |||
| 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | ||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| AO KOMPANIYA PROKSIMA INN 5405143630 manufacture of condiments and seasonings |
 3 443 |
 3 835 |
611,2 |
1 247,2 |
0,90 |
0,75 |
155 Superior |
| OOO PK KORMA INN 5403359641 manufacture of prepared farm animal feeds |
2 212 |
2 424 |
201,2 |
181,8 |
0,65 |
0,74 |
273 Medium |
| NL KONTINENT CO LTD INN 5401305707 manufacture of other food products n.e.c. |
2 475 |
3 574 |
336,1 |
670,0 |
0,09 |
0,36 |
222 Strong |
| OOO RRK-SIBIR INN 5407950904 processing and preserving of meat |
3 013 |
2 512 |
58,0 |
45,1 |
0,29 |
0,16 |
293 Medium |
| OOO SPK INN 5405200166 processing and preserving of meat and production of meat products |
13 476 |
12 916 |
335,3 |
362,5 |
0,34 |
0,03 |
205 Strong |
| NAO PTITSEFABRIKA OKTYABRSKAYA INN 5433128031 manufacture and preserving of poultry meat |
3 123 |
3 245 |
2,5 |
10,5 |
0,03 |
0,02 |
176 High |
| OOO NOVOSIBIRSKII MELKOMBINAT #1 INN 2222849374 manufacture of mill and grain products |
871 |
2 719 |
2,5 |
58,8 |
-0,22 |
-0,06 |
241 Strong |
| OOO PO TOPCHIKHINSKII MELKOMBINAT INN 5405495618 manufacture of mill and grain products |
1 950 |
2 271 |
22,3 |
4,4 |
-0,13 |
-0,08 |
550 Insufficien |
| NAO MASLOKOMBINAT CHANOVSKII INN 5415100805 manufacture of dairy products |
1 997 |
2 304 |
32,4 |
19,8 |
-0,24 |
-0,14 |
221 Strong |
| OOO NM INN 5405950881 manufacture of grain flour |
2 609 |
2 818 |
79,1 |
80,6 |
-0,50 |
-0,19 |
224 Strong |
| Average value for TOP-10 companies | 3 517 |
3 862 |
168,1 |
268,1 |
0,12 |
0,16 |
|
| Average value for TOP-100 companies | 725 |
790 |
27,8 |
39,4 |
0,03 |
0,10 |
|
improvement compared to prior period, decline compared to prior period
The average value of the asset coverage ratio of TOP-10 in 2020 is above the recommended one and the value for the previous period. In 2019 and 2020 four companies have the negative values. Four companies decreased their value in 2020, whereas in 2019 the decrease was recorded for three companies of TOP-10.
At the same time, in 2020 two companies decreased the revenue and four companies - the net profit. In average, the revenue in TOP-10 increased by 10%, in TOP-100 – by 9%. The profit in TOP-10 increased by 59%, in TOP-100 – by 42%.
In general, during last 5 years, the average industry values of the asset coverage ratio of TOP-10 were negative. The growth was observed during two periods (Picture 1). The best value was registered in 2017, the worst - in 2016.
Picture 1. Change in average industry values of asset coverage ratio of food industry enterprises in 2016 – 2020