TOP 10 small food service businesses by ROI
According to the changes in the Tax Code of the Russian Federation, adopted by the Federal Law dated 02.07.2021 No 305-FZ, starting from 2022 food service companies are exempt from VAT. The privilege applies mainly to small businesses, whose economic situation in recent years leaves much to be desired, but return on investment continues to grow.
For this ranking the Information Agency Credinform selected the largest companies in terms of annual revenue, according to the data from the Statistical Register and the Federal Tax Service for the latest available accounting periods (2018 – 2020). These companies are registered in the Unified Register of Small and Medium-Sized Businesses of the Federal Tax Service of the Russian Federation and engaged in food service sector (TOP 10 and TOP 100). Then they were ranked by return on investment ratio (ROI ratio) (Table 1). The selection and analysis are based on the data from Globas.
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, region||Revenue, million RUB||Net profit (loss), million RUB||ROI, %||Solvency index Globas|
|LLC CENTER OF WINE TOURISM ABRAU -DURSO
INN 2315152138 Krasnodar Territory
Chain of hotels, restaurants, cafes and shops in Abrau-Durso
|793,8||878,8||-57,1||-4,7||-2 468,32||198,22||298 Medium|
|PETERBURG COMMERCIAL HOUSE VENETS , LTD.
INN 7808037300 Saint Petersburg
Café chain “Bushe”
|1 594,1||1 328,2||120,7||103,7||55,71||34,58||192 High|
INN 5047196943 Moscow Region
Chain of fast food restaurants at gas stations
|954,4||1 040,7||543,2||507,8||47,68||30,83||262 Medium|
INN 5009074422 Moscow Region
Café chain “Kofemaniya”
|1 390,5||936,5||226,7||187,9||27,85||18,76||212 Strong|
|OOO SHKOLNOE PITANIE
INN 1650100830 Republic of Tatarstan
Catering in educational institutions
|1 571,6||1 215,6||86,6||45,7||41,93||18,13||180 High|
INN 7727021870 Moscow
Catering in educational institutions, health care, on the territory of the customer
|1 438,0||1 295,2||32,0||16,9||28,43||11,50||202 Strong|
INN 7729399636 Moscow
Moscow café chain “Kofemaniya”
|1 647,6||1 598,2||-112,7||16,8||-48,02||6,66||234 Strong|
|ОOO URBAN KOFIKS RASHA
INN 7728339641 Moscow
International café chain “Cofix”
|1 631,0||1 310,5||12,2||1,0||23,80||2,00||277 Medium|
|AO FIRMA FLORIDAN
INN 7813037232 Saint Petersburg
Organization of hot meals in St. Petersburg for students of educational schools, professional schools, lyceums
|1 576,2||1 577,3||3,4||3,1||1,82||1,68||222 Strong|
|OOO FARSH SITI GRUPP
INN 9710013554 Moscow
|1 483,2||860,9||77,8||-4,4||552,72||-30,51||345 Adequate|
|Average value for TOP 10||1 408,1||1 204,2||93,3||87,4||-173,64||29,18|
|Average value for the industry||33,1||29,2||1,6||2,2||32,41||46,74|
improvement compared to prior period, decline compared to prior period
In 2020 average values of ROI for TOP 10 were below the average values for the industry. Only two companies out of TOP 10 improved their values, meanwhile in 2019 there were five such companies.
Three companies out of ten increased revenue and two increased net profit. At the same time decrease in average revenue value for TOP 10 was 14% and in average industry value it was 12%. Net profit in TOP 10 decreased by 6%, but average value for the industry increased by 38%.
For the past five years, industry average values of ROI ratio were improving for the whole period. The highest value was achieved in 2020 and the lowest was shown in 2016. (Picture 1.).