May 20, 2022 6:26 am

Economic X-ray: 66.9 companies per thousand inhabitants

Updated:

Keep

At the beginning of 2020, 160,199 companies were carrying out their activity in Castilla y León, a figure that represents 4.7% of the national total and which represented a decrease of 1,208 firms compared to the previous year. With 66.9 companies per thousand inhabitants -parameter called business density-, the Community is also in this case below the national average of 71.7 companies, although there is an increase of 1.7 compared to the 2015 data This is reflected in the Economic-Financial Analysis of the Company of Castilla y León, carried out by the study company of the Unicaja Banco Group, based on a detailed study of the accounts presented by more than 800,000 companies in the Spanish commercial registers, of which that 37,500 are located in Castilla y León, which also provides very valuable information on the characteristics of the business fabric of the Community.

Specifically, the report specifies that 55.1% of companies have no employees, while 41% have a workforce of one to nine employees; 3.7%, between eleven and 99, and only 0.2% have more than a hundred people on their payroll. Regarding this very high degree of fragmentation, however, it should be noted that since 2015 there has been an increase in the group of more than one hundred employees, estimated at 18.9%, as well as in the group of eleven to 99 (8.9 %) and in the one without employees (1.2%), while the one with between one and nine workers suffered a decrease of 3.7%. On the other hand, within the predominance of services, the data that stands out is that companies dedicated to commerce, hospitality and transport are 38.9% of the total, compared to 39.6% of companies specialized in the other activities of the sector. Then come construction (14.3%) and industrial companies, with 7.2%.

provinces

By provinces, Valladolid has 33,456 companies, that is, 20.9% of the total for the Community, followed by León, with 30,838 (19.2%); Burgos, 25,593 (16%); Salamanca (14%); Zamora, 11,408 (7.1%); Segovia, 10,825 (6.8%); Avila, 10,198 (6.4%); Palencia, 9,813 (6.1%) and Soria, 5,688 (3.6%). With regard to business density, it is appropriate to point out that four provinces are above the regional average: Burgos, with 71.6 companies per thousand inhabitants -a figure slightly higher even than the country’s average-; Segovia (70.5); Salamanca (68) and Leon (67.6).

The Unicaja study also shows that, throughout the 2020 financial year, a total of 2,188 commercial companies were created in Castilla y León, a figure that represents 2.8% of the national total. At the same time, it should be noted that 937 companies were dissolved -4.6% of Spain-, of which 7.7% resulted in merger operations.

The study reflects that, during 2019, the sales of companies in Castilla y León increased by 2.3% compared to 3.5% nationally. From the sectoral point of view, the greatest increase was recorded in construction (9.0%), followed by agriculture (8.8%) and non-commercial services (8%). By provinces, the growth in companies in Segovia (8.5%), Soria (7.2%), Zamora (6.4%) and León (5.3%) is very significant. The result for the year represents 4.8% of sales. In total, 69.2% of the companies located in the Community obtained profits in 2019, a percentage higher than the average for Spain (66.4%), and with an increase of 1.6 percentage points compared to the previous year , that is, three tenths more than the national average.

Investment

Regarding investment, another of the parameters observed, experienced a growth of 4.4% in Castilla y León (3.4% in Spain), based on a more notable expansion of non-current assets (5.2%) than of current (3.4%). In addition, a greater rise in total investment in agriculture (6.3%) was perceived. For its part, in terms of financing, the Unicaja study indicates that own resources increased by 8.1%, while for third parties the growth of short-term liabilities stood at 2.4% compared to decrease in non-current liabilities, estimated at 1%. Due to its origin, the financing of credit institutions grew in the short term (3.8%) and decreased in the long term (-0.7%), although current debt with group companies increased (3.3%) and commercial creditors (1.3%).

The data shows a different result in the 2020 financial year, since the sales of companies in the nine provinces experienced a decrease of 10.8%, a drop slightly below the Spanish average (-11.3%). The contraction shows more pronounced values ​​in sectors such as non-commercial services (-16.4%) and commerce (-11.1%). Regarding the profit and loss account, the operating result registered a drop of 26.4%, again more tempered than in the country as a whole (-38.6%), with a greater impact on companies that turnover of more than 10 million euros (-31.5%) and non-commercial services (-41.9%).

Lastly, investment increased by 1.1% (0.9% in Spain). It is worth highlighting the increase for companies in the services sector (2.5%). With regard to financing, there has been an increase in equity (2.6%) and non-current liabilities (7.1%), while current decreased by 5%.

See them
comments

Reference-www.abc.es

Comments (0)

Leave a Reply

Your email address will not be published.