The need to build new scientific and industrial centers in Russia is one of the most relevant topics today. Continuing the cycle of publications about the largest cities of Russia, we offer a review of companies of one of the largest Siberian cities – Omsk. Positive trends prevail in activities of the largest companies in the period from 2016 to 2020, such as: decrease in the share of companies with insufficient property, increase in net assets, revenue and net profit. Among negative trends are increase in the average net loss value, decrease in asset turnover.
Information agency Credinform selected the largest companies of the city in terms of annual revenue for the last reporting periods available in the State Statistics bodies and the Federal Tax Service (2016-2020) (TOP 1000) for the analysis based on the data from the Information and Analytical system Globas.
The largest company in the TOP 1000 in terms of net assets is JSC GAZPROMNEFT-OMSK REFINERY PLANT, INN 5501041254, production of petroleum products. In 2020, net assets amounted to more than 327 billion RUB.
STROYPRODUCT LLC had the smallest net assets in the TOP 1000, INN 5501093407, retail sale of unfrozen products, including beverages and tobacco products in non-specialized stores. The insufficiency of property in 2020 was expressed by a negative value of -443 million RUB.
During the five-year period, average net assets of TOP 1000 companies and their growth rates tend to increase (Picture 1).
Shares of companies with property insufficiency in the TOP 1000 had a positive downward trend over the past five years (Picture 2).
Revenue of the TOP 10 companies in 2020 amounted to 33% of the total revenue of the TOP 1000 companies. (Pictures 3). This indicates a relatively high level of capital concentration among Omsk companies.
In general, there is a trend in revenue and growth rates increasing. (Picture 4).
Profit and loss
The largest company in the TOP 1000 in terms of net profit in 2020 is NAO TRANSNEFT-WESTERN SIBERIA, INN 5502020634, transportation of oil through pipelines. The profit amounted to over 5,9 billion RUB. Covering the five-year period average profit of the TOP 1000 companies tends to increase, with decreasing growth rates (Picture 5).
Covering the five-year period, average values of net profit of the TOP 1000 companies are increasing, while average net loss is also growing (Picture 6).
Key financial ratios
Covering the five-year period total liquidity ratio average values of the TOP 1000 were significantly exceeding the range of recommended values - from 1.0 to 2.0 with a trend to increase. (Picture 7).
Covering the five years period investments profitability ratio average values of the TOP 1000 has been at a high level with a trend to decrease (Picture 8).
During the five-year period values of the said business activity ratio showed a trend to decrease (Picture 9).
85% of the TOP 1000 companies are registered in the Unified Register of Small and Medium-Sized Enterprises of the Federal Tax Service of the Russian Federation. At the same time, the share of their revenue in the total volume of the TOP 1000 in 2020 is 27.5%, which is higher than the national average in 2018 - 2019. (Picture 10).
Financial position score
Financial position assessment of the TOP 1000 companies shows that the largest part of them is in financial position above average. (Picture 11).
Globas Solvency Index
The vast majority of TOP-100 companies are assigned superior and high Globas Solvency Index, which indicates their ability to repay their debt obligations on time and fully (Picture 12).
Comprehensive assessment of activities of the largest Omsk companies, that takes into account main indexes, financial indicators and ratios, indicates predominance of positive trends in their activities in the period from 2016 to 2020. (Table 1).
|Trends and evaluation factors||Share of factor, %|
|Dynamics of average net assets value||10|
|Growth (decline) rate in average size of net assets||10|
|Increase / decrease in share of enterprises with negative values of net assets||10|
|The level of capital concentration (monopolization)||-5|
|Dynamics of average revenue||10|
|Growth (decline) rate in average size of revenue||10|
|Dynamics of the average profit (loss)||10|
|Rate of growth (decline) in the average size of profit (loss)||-10|
|Growth / decline in average values of companies’ net profit||10|
|Increase / decline in average values of net loss||-10|
|Increase / decrease in average values of overall liquidity ratio||5|
|Increase / decrease in average values of return on investment ratio||-5|
|Increase / decrease in average values of asset turnover ratio, times||-10|
|Share of small and medium-sized enterprises in terms of revenue exceeding 20%||10|
|Financial position (the largest share)||10|
|Globas Solvency Index (the largest share)||10|
|Average value of factors share||4,1|
positive trend (factor), negative trend (factor)
In accordance with the Order of the Federal Tax Service of the Russian Federation (FTS) of December 29, 2016 No. ММВ-7-14 / 729@, the official website of the FTS contains open data on the amounts of income and expenditure for more than 2 million companies based on financial statements for 2020.
Also, there is information on the amounts of every tax and fee and insurance premiums paid in 2020 for more than 3 million 700 thousand companies.
Starting from 2018, this information is updated on October 1 every year, in accordance with clause 1.1 of Art. 102 of the first part of the Tax Code of the Russian Federation.
The data is placed in Globas and provide additional opportunities for users to assess the figures and scale of counterparties.
On December 1, 2021, the publication of information by the Federal Tax Service of the Russian Federation is expected on the amount of arrears, debts on taxes and fees of organizations, on insurance premiums, information on the presence of tax violations.
It should be recalled that the data is disclosed for Russian legal entities except strategic enterprises, organizations of the military-industrial complex and the largest taxpayers.