Information agency Credinform has prepared a review of trends in activity of the largest Russian companies engaged in processing and conservation of fish, crustaceans and mollusks.
The largest enterprises (TOP-10 and TOP-1000) in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2014-2016). The analysis was based on data of the Information and Analytical system Globas.
|Position in ТОP-1000||Name, activity, region||Net assets value, mln. RUB||Solvency index Globas|
|1.|| NAO KURILSKII RYBAK
|6 129||7 851||9 306||155 Superior|
|2.|| PAO OZERNOVSKII RKZ #55
|1 042||2 156||3 444||158 Superior|
|3.|| USTKAMCHATRYBA CO., LTD
|1 040||1 506||2 265||174 Superior|
|4.|| LLC RYBOLOVETSKII KOLKHOZ IM. KIROVA
In process of reorganization in the form of merger of other legal entities, 12.12.2017
|1 637||1 709||1 975||209 Strong|
|5.|| LLC PROIZVODSTVENNO-KOMMERCHESKAYA FIRMA YUZHNO-KURILSKII RYBOKOMBINAT
|543||1 244||1 605||198 High|
|996.|| LLC PERSEI
|997.|| NAO RUSSIAN SEA
|-1 146||-1 988||-591||226 Strong|
|998.|| NAO KURILSKY RASSVET
|-923||-1 269||-921||243 Strong|
|999.|| NAO BALTIC COAST
Process of being wound up, 03.05.2017
|947||578||-1 097||600 Insufficient|
|1000.|| LLC RK KRUTOGOROVSKOE
|-611||-734||-1 227||346 Adequate|
— growth indicator in comparison with prior period, — decline indicator in comparison with prior period.
For the last 10 years, the average values of net assets showed the increasing tendency (Picture 1)
In 2016 total revenue of 10 largest companies amounted to 37% from TOP-1000 total revenue. This fact testifies high level of competition within the industry (Picture 2).
In general, the decrease in sales revenue is observed (Picture 3).
Profit and loss
In 2016 profit of 10 largest companies amounted to 58% from TOP-1000 total profit (Picture 4).
For the last ten years, the average industry net profit values show the growing tendency despite the losses in 2008, 2011, 2014 (Picture 5).
For the three-year period, the average net profit values of TOP-1000 companies show the growing tendency. At the same time, the average net loss slightly increases (Picture 6).
Main financial ratios
For the last ten years, the average values of the current liquidity ratio were within the recommended values — from 1,0 to 2,0 (Picture 7). In general, the ratio shows the growing tendency.
For the last ten years, the increasing tendency of ROI ratio is observed (Picture 8).
For the last ten years, this business activity ratio demonstrated the downward trend (Picture 9).
92% companies of TOP-1000 are registered in the Register of small and medium-sized businesses of the Federal Tax Service of the Russian Federation (Picture 10).
Main regions of activity
Companies of TOP-1000 are unequally located across the country due to dependence on the sources of raw materials and registered in 74 regions of Russia (Picture 11).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that the majority of them have financial position above average (Picture 12).
Solvency index Globas
Most of TOP-1000 companies got Superior/High or Strong/Medium Solvency index Globas, this fact shows the ability of the companies to meet their obligations in time and fully (Picture 13).
A complex assessment of activity of the largest Russian companies engaged in processing and conservation of fish, crustaceans and mollusks, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of favorable trends. However, declining revenue, increasing in net losses, decrease in business activity ratio are alarming factors.
Information agency Credinform has prepared a ranking of the largest Russian companies engaged in processing and conservation of fish, crustaceans and mollusks. The largest enterprises (TOP-10) in terms of annual revenue were selected according to the data from the Statistical Register for the available periods (from 2014 to 2016). Then the companies were ranged by solvency ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
In 2016 the practical value of solvency ratio for companies engaged in processing and conservation of fish, crustaceans and mollusks is from 0,01 to 0,83.
For the most full and fair opinion about the company’s financial position the whole set of financial indicators and ratios should be taken into account.
|Name, INN, region||Revenue, mln RUB||Net profit, mln RUB||Solvency ratio (x)||Solvency index Globas|
| USTKAMCHATRYBA CO., LTD
|1 503||2 132||689||987||0,87||0,93||174 Superior|
| NAO KURILSKII RYBAK
|4 463||5 279||1 734||1 601||0,93||0,90||155 Superior|
| PAO OZERNOVSKII RKZ #55
|3 337||3 532||1 214||1 400||0,62||0,76||158 Superior|
| NAO SEVERO-KURILSKAYA BAZA SEINERNOGO FLOTA
|2 355||2 744||278||703||0,17||0,55||141 Superior|
| Federal state unitary enterprise ARKHANGELSKOE of the Federal Service for the Execution of Sanctions
In process of reorganization in the form of transformation, 21.05.2018
|2 082||3 343||104||235||0,40||0,47||229 Strong|
| LLC Vichunai RUS
|6 991||8 716||259||244||0,25||0,28||199 High|
| PAO MERIDIAN
|8 006||7 635||683||323||0,34||0,24||206 Strong|
| PAO RYBOOBRABATYVAYUSHCHII KOMBINAT #1
|4 984||5 842||69||80||0,19||0,19||184 High|
| NAO RUSSIAN SEA
|7 460||8 801||-842||1 467||-0,54||-0,18||226 Strong|
| NAO BALTIC COAST
Process of being wound up, 03.05.2017
|10 065||6 376||-232||-1 674||0,09||-0,31||600 Insufficient|
|Total for TOP-10 companies||53 261||56 417||5 971||7 381|
|Average value for TOP-10 companies||5 326||5 642||597||738||0,33||0,38|
|Average industry value||82||102||5||7||0,24||0,21|
— growth of indicator in comparison with prior period, — decline of indicator in comparison with prior period.
Average value of solvency ratio for TOP-10 companies is lower than recommended value and higher than average industry value.
For the last 10 years, the average values of solvency ratio showed the increasing tendency (Picture 2).