Information agency Credinform has prepared a review of activity trends of Russian small business. The largest companies (ТОP-1000), registered in the Register of small and medium-sized enterprises of the Russian Federal Tax Service, in terms of annual revenue were selected according to the data from the Statistical Register for the latest available periods (2012 - 2017). The analysis was based on data of the Information and Analytical system Globas.
|Position in ТОP-1000
Name, INN, activity
|Net assets value, million RUB||Solvency index Globas|
|1 LLC ORIMI TRADE
INN 7804069580 Leningrad Region
Wholesale of coffee, tea, cocoa and spices
|2 NAO Investtrast
INN 7751048224 Moscow
Predistributive operations of own real estate
|3 LLC EDINYI MIGRATSIONNYI TSENTR
INN 7842421041 Saint-Petersburg
Other human resources provision
|4 NAO MURMANSELD 2
INN 5193104130 Murmansk region
In process of reorganization in the form of merger of other legal entities, 24.01.2019
|5 SAAMI LTD
INN 5193410419 Murmansk region
|996 LLC MISHEL - ALKO
INN 6125019230 Rostov region
Wholesale of alcoholic beverages, including beer and potable ethanol
|997 LLC TRANSGARANT AGRO
INN 2364007084 Krasnodar region
Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
The bankruptcy case is considered in respect of the company
|998 NAO PHARMAMED
INN 7723021855 Moscow
Non-specialised wholesale trade
|999 PAO TYVAENERGOSBYT
INN 1701040660 Republic of Tuva
Distribution of electricity
|1000 PAO MOSOBLFARMATSIYA
INN 5074114509 Moscow region
Retail sale of pharmaceuticals in specialised stores (drugstores)
— growth indicator in comparison with prior period, — decline indicator in comparison with prior period.
For the last five years, the average values of TOP-1000 net assets showed the growing tendency (Picture 1).
For the last five years, the share of ТОP-1000 enterprises with lack of property showed the downward trend (Picture 2).
In 2017, the total revenue of 10 largest companies amounted to 10% from ТОP-1000 total revenue (Picture 3). This fact testifies high level of competition within small businesses.
In general, the increasing tendency in revenue is observed (Picture 4).
Profit and loss
In 2017 profit of 10 largest companies amounted to 25% from TOP-1000 total profit (Picture 5).
For the last five years, the average profit values of TOP-1000 show the increasing tendency (Picture 6).
Over a five-year period, the average net profit values of ТОP-1000 show the increasing tendency, along with this the average net loss is growing (Picture 7).
Main financial ratios
For the last five years, the average values of the current liquidity ratio were higher than the recommended values - from 1,0 to 2,0, with growing tendency (Picture 8).
For the last five years, the high level of the average values of ROI ratio with increasing tendency is observed (Picture 9).
For the last five years, this business activity ratio demonstrated the downward trend (Picture 10).
The largest share of ТОP-1000 total revenue is occupied by the enterprises engaged in wholesale trade (Picture 11).
Among small businesses in ТОP-1000 list, the largest share in total revenue have medium-sized enterprises (Picture 12).
Main regions of activity
ТОP-1000 companies are unequally located across the country. 35% of the largest enterprises in terms of revenue are located in Moscow and St. Petersburg (Picture 13).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that more than a half of them have stable or above average financial position (Picture 14).
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 15).
A complex assessment of activity of the largest companies of Russian small business, taking into account the main indexes, financial ratios and indicators, demonstrates the presence of positive trends (Table 2).
|Trends and assessment factors||Relative share, %|
|Growth/drawdown rate of average net assets value||10|
|Increase / decrease in the share of enterprises with negative net assets||10|
|The level of capital concentration||10|
|Growth/drawdown rate of average revenue||10|
|Growth/drawdown rate of average net profit (loss)||10|
|Increase / decrease in average net profit of companies||10|
|Increase / decrease in average net loss of companies||-10|
|Increase / decrease in average values of current liquidity ratio||5|
|Increase / decrease in average values of ROI ratio||10|
|Increase / decrease in average values of assets turnover ratio, times||-10|
|Financial position (the largest share)||10|
|Solvency index Globas (the largest share)||10|
|Average value of factors||5,0|
— favorable trend (factor), — unfavorable trend (factor).
For the first time, the Federal State Statistics Service published official statistical information on the share of small and medium-sized businesses (SMEs) in the Russian economy. In 2017, it amounted to 21,9% of gross domestic product (GDP) or 20 trillion RUB.
Previously, such studies were carried out by the Non-Profit Partnership Association of Entrepreneurial Organizations «OPORA», uniting over 100 business and industry associations. In 2015, according to these calculations, the share of SMEs in GDP was 20%, with the number of employees exceeding 17 million people.
Information on small business is also contained in the Unified Register of small and medium-sized businesses. 6 058 279 SMEs with 15 843 300 employees are registered in the Register as of February 10, 2019.
The Unified Register of small and medium-sized businesses was established in accordance with the Federal Law of 29.12.2015 No. 408-FL and is formed by the Federal Tax Service on the basis of:
- Unified State Register of Legal Entities (EGRUL);
- Unified State Register of Individual Entrepreneurs (EGRIP);
- data presented in accordance with the tax legislation of the Russian Federation on the average number of employees and income from business activities;
- data contained in documents related to the application of special tax regimes;
- data provided by legal entities and individual entrepreneurs.
Comprehensive data on SMEs and their business is available by subscription to the Information and Analytical system Globas