Information agency Credinform has prepared a ranking of the Russian payment collection and credit information agencies. 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 return on assets ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.
The ratio characterizes the effectiveness of using by the company of its resources. The higher is the ratio value, the more effective is business, that is the higher the return per every monetary unit invested in assets.
However, it is necessary to take into account that under the influence of inflation, the book value of fixed assets will increasingly be underestimated in time, that will lead to an overestimation of the return on assets. Thus, it is necessary to take into account not only the structure, but also the age of the assets.
It should be also taken into account the dynamics of this indicator. Its consistent decline indicates a drop in asset utilization.
The calculation of practical values of financial indicators, which might be considered as normal for a certain industry, has been developed and implemented in the Information and Analytical system Globas by the experts of Information Agency Credinform, taking into account the actual situation of the economy as a whole and the industries. In 2020, the practical value of return on assets ratio for the payment collection and credit information agencies is from 0,1 to 18,99 %%.
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, million RUB||Net profit (loss), million RUB||Return on assets, %||Solvency index Globas|
INN 7736659589 Moscow
|1 249,6||1 412,5||320,3||388,6||41,39||42,79||152 Superior|
|LLC CREDITEXPRESS FINANCE
INN 7707790885 Moscow
|JSC FIRST COLLECTION BUREAU
INN 2723115222 Moscow
|6 768,4||6 558,1||996,7||2 428,9||14,32||29,69||131 Superior|
|LLC ID COLLECT
INN 7730233723 Moscow
|LLC REGIONAL COLLECTION SERVICE
INN 7707782563 Moscow
|LLC LEGAL CENTRE PARITET
INN 7718931947 Moscow
|LLC NATSIONALNAYA FABRIKA IPOTEKI
INN 7706450420 Moscow
|9 073,8||8 846,2||112,8||413,9||2,42||6,22||233 Strong|
|LLC SERIOUS TRADE
INN 2801146767 Novosibirsk region
|NATIONAL RECOVERY SERVICE LLC
INN 7727551797 Moscow
|1 140,1||549,9||55,9||39,5||6,90||4,91||248 Strong|
INN 7813286084 St. Petersburg
|1 601,8||3 613,4||7,5||58,6||0,11||1,12||234 Strong|
|Average value for TOP-10 companies||2 189,3||2 431,3||177,3||395,5||13,81||16,03|
|Average value for TOP-100 companies||268,7||304,1||34,2||56,5||20,39||14,57|
|Average industry value||83,4||67,0||21,2||25,4||10,32||13,82|
growth of indicator in comparison with prior period, decline of indicator in comparison with prior period
In 2020, the average value of return on assets, TOP-10 and TOP-100 companies is in the range of practical value. In 2020, three companies reduced the results, while in 2019, the decline was observed in five companies. At the same time, seven companies showed the increase in revenue and nine companies demonstrated the increase in net profit.
The TOP-10 revenue increased on average by 11%, the TOP-100 revenue - by 13%, and the industry average ratio showed the decrease by 20%.
The TOP-10 profit increased by more than twice, the TOP-100 profit increased by 65%, and the average growth whithin the industry amounted to 20%.
Within the last five years, the average industry indicators of return on assets ratio twice decreased and grew from year to year. The ratio showed the best result in 2017 and the worst in 2016 (Picture 1).
Information agency Credinform presents a review of the activity trends of the small enterprises of the hotel industry.
The largest hotel industry enterprises (TOP-1000), registered in the Register of small and medium-sized enterprises of the Federal Tax Service of the Russian Federation, in terms of annual revenue were selected for the analysis according to the data from the Statistical Register and the Federal Tax Service for the latest available accounting periods (2016 – 2020). The selection of companies and the analysis were based on the data from the Information and Analytical system Globas.
The largest TOP-1000 company in terms of net assets is AO MBIK, INN 7840004758, Saint Petersburg. In 2020, net assets value amounted to almost 3,4 billion RUB.
The lowest net assets value among TOP-1000 was recorded for OOO VEGA, INN 7826138206, Saint Petersburg. In 2020, insufficiency of property was indicated in negative value of -2,2 billion RUB.
During five-year period, the average net assets values of TOP-1000 have a trend to increase with the decreasing growth rates (Picture 1).
The shares of TOP-1000 enterprises with insufficient property had positive trend to decrease during last 5 years (Picture 2).
The revenue volume of the ten leading companies amounted to almost 10% of the total revenue of TOP-1000 companies in 2020 (Picture 3). It gives evidence to high level of the competition in the hotel industry.
In general, there is a trend to decrease in revenue with declining of growth rates to negative values in 2019-2020 (Picture 4).
Profit and lossstrong>
The largest TOP-1000 company in term of net profit is AO GOSTINITSA TURIST, INN 7717600910, Moscow, in process of being wound up since 23.09.2020. The company’s profit amounted to 706 billion RUB.
During five-year period, the average profit figures of TOP-1000 have a trend to decrease (Picture 5).
In the last five years, the average net profit figures of TOP-1000 companies have a trend to increase with the decreasing average net loss (Picture 6).
Key financial ratios
During five-year period, the average values of the current liquidity ratio of TOP-1000 companies were above the recommended one – from 1,0 to 2,0, with a trend to decrease. (Picture 7).
During five years, there was a trend to decrease in the average ROI values of TOP-1000 companies (Picture 8).
During the five-year period, there was a trend to decrease of this ratio (Picture 9).
Small enterprises have the major share in total revenue of TOP-1000 in 2020. (Picture 10).
Main regions of activity
Companies of TOP-1000 are registered in 81 regions of Russia, and unequally located across the country. Almost 33% of the TOP-1000 companies’ total revenue consolidate in Moscow, Saint Petersburg and Moscow region (Picture 11).
Financial position score
According to the assessment, the financial position of most of TOP-1000 companies is average (Picture 12).
Complex assessment of activity of the small enterprises of the hotel industry, taking into account the main indexes, financial ratios and indicators, demonstrates the prevalence of negative trends in their activity in 2016- 2020 (Table 1).
|Trends and evaluation factors||Relative share of factors, %|
|Dynamics of the average net assets value||10|
|Rate of growth (decline) in the average size of net assets||-10|
|Increase / decrease in the share of enterprises with negative values of net assets||10|
|Level of capital concentration||10|
|Dynamics of the average revenue||-10|
|Rate of growth (decline) in the average size of revenue||-10|
|Dynamics of the average profit (loss)||-10|
|Growth / decline in average values of net profit||10|
|Growth / decline in average values of net loss||10|
|Increase / decrease in average values of current liquidity ratio||-5|
|Increase / decrease in average values of return on investment ratio||-10|
|Increase / decrease in average values of asset turnover ratio, times||-10|
|Financial position (the largest share)||5|
|Solvency index Globas (the largest share)||10|
|Average value of factors||-0,3|
positive trend (factor), negative trend (factor)