From July 1, 2022 the Federal Law No.64-FZ dated 05.04.2021 introduced the civil liability for non-compliance with the procedure for maintaining the Unified Federal Register of Travel Agents (the Register).
The Register is regulated by the Federal Law No.48-FZ dated 24.03.2021. This was reported in our publication from 11.05.2021.
Among the violations are:
- non-inclusion by the tour operator (travel agent) of information about the travel agent (subagent), promoting and implementing the tourist product created by the tour operator;
- inclusion of data about the travel agent (subagent) with violation of the prescribed procedure;
- inclusion of false data about the travel agent (subagent);
- the implementation of travel agency activity by a person who is not in the Register or without such a right;
- promotion and sale of the tourist product by the travel agent in the absence of information on conclusion of the agreement between him and the tour operator in the Register;
- transfer by the travel agent of the tour operator's order on promotion and sale of the tourist product in case the travel agent does not have such a right;
- promotion and sale of the tourist product by the subagent in the absence of information on conclusion of an agreement between him and the tour operator .
The following administrative fines were established: for officials - from 10 to 30 thousand rubles, for legal entities - from 50 to 100 thousand rubles.
The data on 32 thousand currently operating Russian travel agencies is available in the Information and Analytical system Globas. Since January 1, 2020, more than 7700 travel agencies are in the process of liquidation or have ceased operations.
Currently, the All-Russian Voluntary General Register of Travel Agencies of the Russian Union of Travel Industry contains 17507 companies and the Unified Federal Register of Tour Operators of the Federal Agency for Tourism contains 4249 companies.
Information agency Credinform presents the ranking of Russian electronic printed circuit board manufacturers. The largest enterprises in the industry in terms of annual revenue for the last reporting periods available in the state statistics bodies and the Federal Tax Service (2018 - 2020) were selected for the ranking (TOP 10 and TOP 100). Then they were ranked by asset turnover (Table 1). Selection of companies and analysis were carried out based on data from the Information and Analytical system Globas.
The ratio of business activity shows how many times per year the full cycle of production and circulation is performed, generating the corresponding effect in the form of profit.
It is necessary to pay attention to the entire set of indicators and financial ratios to get the most complete and objective picture of enterprise's financial condition.
|Name, INN, region||Revenue, million rubles||Net profit (loss), million rubles||Asset turnover, times||Globas Solvency Index|
|SEYONG RUS LLC
INN 5075019826 Moscow region
|7 263||4 887||108||10||10,90||13,43||286 High|
|ALT MASTER LLC
INN 5044050047 Moscow
INN 7804552300 Saint Petersburg
|969||2 069||96||224||1,44||2,08||241 High|
|OPTIMALNAYA FABRIKA LLC
INN 7814707257 Saint Petersburg
INN 7735122689 Moscow
|1 553||1 884||145||161||1,99||1,88||152 Superior|
INN 5044031157 Moscow
|1 362||1 554||144||184||1,85||1,69||140 Superior|
INN 5408154542 Novosibirsk Region
|ORBITA I LLC
INN 3924000495 Kaliningrad Region
|OOO ETALON PLANT
INN 6901090890 Tver Region
|NAO SCIENTIFIC AND TECHNICAL CENTER RIF
INN 7816441972 Saint Petersburg
|TOP 10 average value||1 388||1 290||78||99||2,75||2,76|
|TOP 100 average value||167||158||7||5||2,48||2,21|
|The average industry value in the production of electronic equipment elements and printed circuits boards||161||158||6||13||0,51||0,50|
Improvement of the indicator to the previous period, deterioration of the indicator to the previous period
Asset turnover indicators of TOP10 and TOP 100 companies in 2020 are significantly higher than the industry average values. Five companies reduced their indicators in 2020, while seven companies experienced a decrease in 2019.
At the same time, in 2020, seven companies increased their revenue and/or net profit. However, decline in average revenue of the TOP 10 is 7%, for the TOP 100 - 5%, and the industry average fell by almost 2%.
The average profit in the TOP 10 increased by 27%, in the TOP 100 - decreased by 29%, and the average growth in the industry amounted to over 2 times bigger value.
In general, during the last 5 years, average industry indicators of asset turnover have been growing for two periods. The indicator reached the best values in 2019, and the worst result was shown in 2016. (Picture 1).