Net profit of animal husbandries of the Northwestern Federal District
Credinform Information Agency evaluated the net profit of major animal husbandries of the Northwestern Federal District. For this ranking, the companies working in breeding different kinds of animals were rated first by the amount of revenue in 2011, and then, the biggest ten were assorted by decrease in net profit for the same period.
Net profit is a part of gross revenue of the company, which rests at its disposal after payment of taxes, duties, charges and other mandatory payments to the budget. The organization decides on allocation of net profit individually. A part of the profit of the company is designated for distribution between its participants, is distributed proportionally among their shares in the company’s chartered equity. Another part is used for increasing current assets of the enterprise, formation of funds and reserves, as well as for reinvestment to the production.
| N | Form of incorporation | Name | INN | Net profit in 2011, ml rub. | Turnover in 2011,ml rub. | Solvency index |
|---|---|---|---|---|---|---|
| 1 | OJSC | Severnaya Poultry Farm | 4706002688 | 1,866.98 | 6,425.98 | 166 (highest) |
| 2 | OJSC | Zelenetskaya Poultry Farm | 1109008546 | 484.02 | 2,136.55 | 142 (highest) |
| 3 | OJSC | Lomonosov Poultry Farm | 4720000202 | 390.74 | 2,569.16 | 225 (high) |
| 4 | CJSC | Roskar Poultry Farm | 4704008395 | 318.50 | 3,647.51 | 173 (highest) |
| 5 | CJSC | Sinyavinskaya Poultry Farm | 4706001780 | 208.93 | 2,675.39 | 223 (high) |
| 6 | LLC | Belgrankorm – Veliky Novgorod | 5305006239 | 204.72 | 2,982.71 | 255 (high) |
| 7 | LLC | Novgorodskaya Poultry Farm | 5310013908 | 170.77 | 2,267.35 | 295 (high) |
| 8 | LLC | Pskovskaya Poultry Farm | 6037002358 | 157.06 | 1,579.97 | 299 (high) |
| 9 | LLC | Baltptitseprom Business and Poultry Company | 3905070698 | 12.62 | 1,153.11 | 262 (high) |
| 10 | LLC | Velskaya Poultry Farm | 2907009009 | 5.75 | 1,552.33 | 298 (high) |
According to the results of 2011, the highest turnover in NWFD was exclusively that of enterprises working in poultry farming.
Severnaya Poultry Farm OJSC, which retains the first line in the ranking, is also leading by net profit index. Good results of this company’s activities are confirmed by the highest GLOBAS-i solvency index. The highest index was also assigned to Zelenetskaya Poultry Farm OJSC and Roskar Poultry Farm CJSC, which means the least risk of monetary default.
All other poultry farms of this ranking also showed significant rate of revenue and net profit. Financial coefficients of these companies are at a good level, which is confirmed by high GLOBAS-i solvency index.
So, net profit is a crucial indicator for any enterprise. Its amount is the result of activities of an economic entity. Significant variations of this indicator over time may put the investors on the alert. In this case, it would be necessary to provide detailed explanations of these changes.
However, it would be incorrect to make the assessment of an enterprise on the net profit indices. For a more precise analysis, one should pay attention to sales profits and profit before taxation.