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Report for: NAICS 541215 - Bookkeeping, Payroll and Related Services - Financial Performance Data
Report details: Percentage
N/A = Data not available based on selected status
Whole Industry (Reliability) |
Bottom Quartile (25%) |
Lower Middle (25%) |
Upper Middle (25%) |
Top Quartile (25%) |
Percentage of Businesses Reporting |
|
---|---|---|---|---|---|---|
Number of Businesses | 14,632 | |||||
Profit margin range: | ||||||
Low (%) | 28.3% | 64.0% | 84.6% | |||
High (%) | N/A | 28.3% | 64.0% | 84.6% | N/A | |
REVENUES AND EXPENSES | (percentage of total revenue) — Averages | |||||
Total revenue | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
Sales of goods and services | N/A | N/A | N/A | N/A | N/A | N/A |
All other revenues | N/A | N/A | N/A | N/A | N/A | N/A |
Cost of sales (direct expenses) | 6.9B | 12.8 | 4.3 | 0.8 | 0.0 | 15.1 |
Wages and benefits | 3.3B | 6.5 | 1.4 | 0.1 | 0.0 | 4.0 |
Purchases, materials and sub-contracts | 4.2B | 7.4 | 3.2 | 0.7 | 0.0 | 14.3 |
Opening Inventory | 1.1C | 2.0 | 0.8 | 0.1 | 0.0 | 2.7 |
Closing inventory | 1.7C | 3.1 | 1.0 | 0.1 | 0.0 | 3.0 |
Operating expenses (indirect expenses) | 53.1B | 83.0 | 49.7 | 24.3 | 4.4 | 90.2 |
Labour and commissions | 27.2A | 49.5 | 19.6 | 2.6 | 0.3 | 35.6 |
Amortization and depletion | 2.0A | 2.2 | 2.6 | 2.2 | 0.4 | 67.5 |
Repairs and maintenance | 1.0B | 1.6 | 0.8 | 0.4 | 0.0 | 31.4 |
Utilities and telephone/telecommunication | 2.0B | 2.2 | 2.4 | 2.2 | 0.5 | 77.2 |
Rent | 3.0B | 4.7 | 3.0 | 1.0 | 0.1 | 30.5 |
Interest and bank charges | 0.9C | 1.3 | 0.8 | 0.5 | 0.1 | 40.8 |
Professional and business fees | 2.7C | 4.4 | 2.3 | 1.1 | 0.2 | 45.7 |
Advertising and promotion | 1.4C | 1.8 | 1.7 | 0.9 | 0.1 | 54.7 |
Delivery, shipping and warehouse expenses | 0.1B | 0.2 | 0.2 | 0.1 | 0.0 | 19.0 |
Insurance | 0.6B | 0.9 | 0.7 | 0.4 | 0.1 | 37.0 |
Other expenses | 12.3B | 14.2 | 15.7 | 12.9 | 2.5 | 89.4 |
Total expenses | 60.0B | 95.7 | 54.0 | 25.1 | 4.4 | 90.2 |
Net profit/loss | 40.0A | 4.3 | 46.0 | 74.9 | 95.6 | 99.8 |
BALANCE SHEET | (thousands of dollars) — Averages | |||||
Total assets | N/A | N/A | N/A | N/A | N/A | |
Total current assets | N/A | N/A | N/A | N/A | N/A | |
Accounts receivable | N/A | N/A | N/A | N/A | N/A | |
Closing inventory | N/A | N/A | N/A | N/A | N/A | |
Other current assets | N/A | N/A | N/A | N/A | N/A | |
Net tangible and intangible assets | N/A | N/A | N/A | N/A | N/A | |
All other assets and adjustments | N/A | N/A | N/A | N/A | N/A | |
Total liabilities | N/A | N/A | N/A | N/A | N/A | |
Total current liabilities | N/A | N/A | N/A | N/A | N/A | |
Current bank loans | N/A | N/A | N/A | N/A | N/A | |
Other current liabilities | N/A | N/A | N/A | N/A | N/A | |
Long term liabilities | N/A | N/A | N/A | N/A | N/A | |
Total equity | N/A | N/A | N/A | N/A | N/A | |
FINANCIAL RATIOS | Averages | |||||
Current ratio | N/A | N/A | N/A | N/A | N/A | |
Debt to equity ratio | N/A | N/A | N/A | N/A | N/A | |
Interest coverage ratio | 48.0 | 4.2 | 60.3 | 160.4 | 1050.6 | |
Debt ratio | N/A | N/A | N/A | N/A | N/A | |
Revenue to equity ratio | N/A | N/A | N/A | N/A | N/A | |
Revenue to closing inventory ratio | N/A | N/A | N/A | N/A | N/A | |
Current debt to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Net profit to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Net fixed assets to equity (%) | N/A | N/A | N/A | N/A | N/A | |
Gross margin (%) | 93.1 | 87.2 | 95.7 | 99.2 | 100.0 | |
Return on total assets (%) | N/A | N/A | N/A | N/A | N/A | |
Collection period for accounts receivable (days) | N/A | N/A | N/A | N/A | N/A | |
PROFITABLE vs NON-PROFITABLE BUSINESSES | (thousands of dollars) | |||||
Profitable | ||||||
Percentage of businesses (%) | 93.9 | N/A | N/A | N/A | N/A | |
Total revenue | 111.5A | 215.4 | 107.0 | 66.8 | 82.4 | |
Total expenses | 59.2B | 190.8 | 57.8 | 16.8 | 3.7 | |
Net profit | 52.4A | 24.6 | 49.2 | 50.0 | 78.8 | |
Non-Profitable | ||||||
Percentage of businesses (%) | 6.1 | N/A | N/A | N/A | N/A | |
Total revenue | 195.8B | N/A | N/A | N/A | N/A | |
Total expenses | 235.0B | N/A | N/A | N/A | N/A | |
Net loss | -39.2C | N/A | N/A | N/A | N/A |
Legend for: Quality Indicators
- A = Excellent
- B = Very good
- C = Good
- D = Acceptable
- E = Use with caution
Source: Statistics Canada-Small Business Profiles, 2014