Information agency Credinform represents a ranking of the largest Russian service companies. The provided personal services (laundry, dry cleaning of fabric and fur items, hairdressing and beauty salons, funeral services, saunas, wellness centers, fitness centers, social services, pet care, etc.) with the largest volume of annual revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (2006 - 2011). They were ranked by the solvency ratio (Table 1). The analysis was based on the data of the Information and Analytical System Globas.

Solvency ratio (х) is equity to total assets. The ratio indicates the company's dependence on external loans. The recommended value is >0,5.

The value below the minimum limit indicates a strong dependence on external sources of funds, which, if market conditions worsen, can lead to liquidity crisis and unstable financial position of the company.

For the most complete and objective view of the financial condition of the enterprise, it is necessary to pay attention to the complex of indicators and financial ratios of the company.

Table 1. Net profit, revenue, solvency ratio, solvency index Globas of the largest Russian service companies (TOP-10) in 2008 – 2011

Name, INN, region, activity	Revenue, million RUB		Net profit (loss), million RUB		Solvency ratio (x), >0,5		Solvency index Globas in 2020
	2009	2011	2009	2011	2009	2011
1	2	3	4	5	6	7	8
LLC LINDSTROM INN 7816659619 Saint Petersburg Laundry and dry cleaning of fabric and fur product	550,1	661,1	89,5	99,6	0,99	0,95	169 Superior
JSC LUZHNIKI OLYMPIC COMPLEX INN 7704077210 Moscow Health and fitness	1 401,6	2 185,7	352,3	-201,6	0,80	0,83	232 Strong
JSC RITUAL-1 INN 7731137099 Moscow Funeral and related services	359,2	317,8	15,5	2,9	0,71	0,74	256 Medium
GBU RITUAL INN 7743096224 Moscow Funeral and related services	2 227,7	2 143,8	41,0	26,2	0,70	0,63	Not assigned
JSC FUNERAL HOME GORBRUS INN 7720018290 Moscow region Funeral and related services	233,1	342,9	12,6	27,8	0,66	0,43	278 Medium
LLC SANDUNOVSKIE BANI INN 7702093778 Moscow Health and fitness	348,2	476,6	56,8	58,7	0,58	0,41	121 Superior
JSC STIKS-S INN 7710321266 Moscow Funeral and related services	449,0	483,5	4,7	3,3	0,34	0,39	275 Medium
JSC PASSAZHIR SERVIS INN 7606043703 Yaroslavl region Laundry and dry cleaning of fabric and fur product	161,7	365,1	16,2	37,2	0,37	0,29	237 Strong
LLC MEGGI-2001 INN 5024048699 Moscow region Laundry and dry cleaning of fabric and fur product	1 370,2	529,7	-5,3	-13,6	0,07	-0,14	384 Weak
Average value for TOP-10	762,2	783,5	59,7	4,8	0,55	0,49
Average value for TOP-1000	23,5	24,6	1,2	0,4	0,27	0,25

growth of indicator to the previous period, decrease of indicator to the previous period

The average indicator of the solvency ratio is above the average value of TOP-1000. Four companies have the value above the recommended one, and four companies improved their figures in 2011 compared to 2009.

Picture 1. Solvency ratio and revenue of the largest service companies (TOP-10)

During six years, the average solvency ratio values of TOP-1000 companies are below the recommended one with a trend to decrease (Picture 2).

Picture 2. Change in the average solvency ratio values of the largest Russian service companies (TOP-1000) in 2006 – 2011