TOP-10 of business advisors

Information agency Credinform has prepared a ranking of the Russian companies engaged in business consulting. The largest enterprises (TOP-10 and TOP-100) in terms of annual revenue were selected according to the data from the Statistical Register and the Federal Tax Service for the available periods (2018-2020). Then the companies were ranged by net profit ratio (Table 1). The selection and analysis were based on the data from the Information and Analytical system Globas.

Net profit ratio (%) is calculated as a ratio of net profit (loss) to sales revenue. The ratio reflects the company’s level of sales profit.

The ratio doesn’t have the standard value. It is recommended to compare the companies within the industry or the change of a ratio in time for a certain company. The negative value of the ratio indicates about net loss. The higher is the ratio value, the better the company operates.

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.

Table 1. Revenue, net profit, net profit ratio, solvency index Globas of the companies engaged in business consulting (ТОP-10)
Name, INN, region Revenue, million RUB Net profit (loss),million RUB Net profit ratio, % Solvency index Globas
2019 2020 2019 2020 2019 2020
1 2 3 4 5 6 7 8
JSC Sovcomflot
INN 7702060116 St. Petersburg
up9 445,0 up15 818,8 up7 204,7 up13 448,9 up76,28 up85,02 154 Superior
INN 7718560636 Moscow region
down12 231,4 down11 248,5 up7 887,1 down6 945,8 up64,48 down61,75 193 High
INN 7718989383 Moscow
up13 884,5 up21 599,3 down6 912,5 up10 724,6 down49,79 down49,65 243 Высокий
INN 7710708760 Moscow
down14 022,9 up20 069,4 down807,4 up3 897,0 down5,76 up19,42 194 High
JSC Severstal management
INN 7713505053 Moscow
up11 962,2 up14 747,3 up364,2 up1 779,6 up3,04 up12,07 197 High
INN 7728850310 Moscow
up10 229,8 up12 143,9 up474,2 up1 090,9 up4,64 up8,98 231 Высокий
INN 7707727918 Moscow
down10 448,5 up10 549,6 down474,0 down403,6 down4,54 down3,83 221 Высокий
LLC Boston Consulting Group
INN 7710927201 Moscow
up6 322,1 up8 736,4 down562,1 down61,3 up8,89 down0,70 269 Medium
INN 6658388288 Sverdlovsk region
up21 593,4 up46 170,6 down-38,7 down-57,4 down-0,18 up-0,12 318 Adequate
INN 7704770859 Moscow
up12 987,0 down10 397,8 down-6 762,7 up-775,0 down-52,07 up-7,45 280 Medium
Average value for TOP-10 companies up12 312,7 up17 148,2 down1 788,5 up3 751,9 down16,52 up23,38  
Average value for TOP-100 companies up3 226,8 up3 600,7 up462,4 up927,6 down7,68 up17,31  
Average industry value up33,3 down32,6 up14,3 up38,2 up42,99 up117,36  

вверх growth of indicator in comparison with prior period, вниз decline of indicator in comparison with prior period

In 2020, the average value of net profit ratio of TOP-10 and TOP-100 companies is significantly lower than the average industry value. In 2020 and 2019, two companies had negative results. In 2020, four companies reduced the results, while in 2019, the decline was observed in five companies. At the same time, eight companies showed the increase in revenue and four companies demonstrated the increase in net profit.

The TOP-10 revenue increased by more than 39%, the TOP-100 revenue - by more than 11%, however, the industry average ratio showed the decrease by 2%.

The average TOP-10, TOP-100 profit and the average industry profit double increased.

In general, for the last five years the average industry indicators of net profit ratio grew within three periods. The ratio showed the best result in 2020 and the worst in 2017 (Picture 1).

Picture 1. Change in average industry values of net profit ratio of companies engaged in business consulting in 2016 – 2020 Picture 1. Change in average industry values of net profit ratio of companies engaged in business consulting in 2016 – 2020
Legislation amendments

The Federal Law No.360-FZ dated 02.07.2021 introduced the significant amendments to the Federal Law No.223-FZ dated 18.07.2011«On procurement of goods, works and services by certain types of legal entities» and the Federal Law No.44-FZ dated 05.04.2013 «On the system of public procurement contracts for goods, works and services for state and municipal needs».

The main updates are as below:

  • reduction of ways to identify suppliers, contractors and performers - now it is planned to conduct only open tenders, open tenders in electronic form, selective tendering, selective tendering in electronic form, public online auctions, closed auctions, closed auctions in electronic form and bids in electronic form;
  • «general pre-qualification» was introduced, it allows participants with a positive contract history in the amount of more than 20% of the initial or maximum contract price to participate in the procurement worth over 20 million RUB.

Moreover, the amendments and significant changes were made to the provisions regulating the public discussions of procurement and the procedure for appealing against actions or omissions of regulatory authorities.

The amendments and updates will come into force on the 1st January 2022.

The data on all deals, procurement, bankruptcy auctions and the in-depth analysis for all these categories are available in the Information and Analytical system Globas