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Andes Petroleum Ecuador Ltd.

RUC 1790749509001 · Quito, Pichincha

Registry data

RUC
1790749509001
Legal name
ANDES PETROLEUM ECUADOR LTD.
Trade name
ANDES PETROLEUM ECUADOR LTD
Size segment (SCVS)
Large · 2025
Incorporation date
June 10, 1986
Start of activities (SRI)
June 10, 1986
Subscribed capital
$2,000
Economic activity
Extraction of crude petroleum oils, bituminous shale and tar sands; production of crude petroleum from shale and bituminous sands; processes to obtain crude oils: decantation, desalting, dehydration, stabilization, etc.
ISIC code
B0610.00
Last year with filed statements
2025
Address
Av. Naciones Unidas E10-44, Republica del Salvador, la Carolina
Location
Quito, Pichincha
Region
Sierra

Financial statements

Current ratio
0.97
Debt ratio
55.5%
Net margin
34.1%
Return on equity (ROE)
65.7%
Revenue vs 2024
−10.5%
Revenue by year 2000 → 2025 · −16.4%
$361 M
$182 M
$961 M
$302 M
2000 2005 2010 2015 2020 2025
Net result by year 2000 → 2025 · ×6.8
$15.1 M
−$35.0 M
$214 M
$103 M
2000 2005 2010 2015 2020 2025
Employees by year 2010 → 2025 · −9.0%
609
706
501
554
2010 2013 2016 2019 2022 2025

The income statement · 2025

  • Revenue $302,045,202
  • Cost of sales $87,707,580
  • Expenses $67,515,020
  • Net result $103,055,805

Balance sheet structure · 2025

What it owns

  • Current assets $117,496,182 33%
  • Non-current assets $235,627,344 67%

How it is financed

  • Current liabilities $121,475,730 34%
  • Non-current liabilities $74,682,777 21%
  • Equity $156,965,018 44%

“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.

Financial statements filed with the Superintendencia de Compañías, year by year
Year Revenue Net result Assets Equity Employees
2025 $302,045,202 $103,055,805 $353,123,526 $156,965,018 554
2024 $337,475,652 $105,821,247 $369,656,884 $176,131,435 591
2023 $401,929,278 $120,062,054 $425,419,546 $211,421,302 501
2022 $563,335,260 $213,760,747 $437,373,619 $124,692,582 545
2021 $422,723,369 $137,438,439 $446,869,017 $244,265,168 572
2020 $226,881,416 $19,406,741 $452,707,330 $325,715,618 632
2019 $446,923,786 $125,387,983 $518,468,488 $306,308,877 685
2018 $626,562,630 −$34,977,041 $791,779,705 $583,069,894 705
2017 $482,948,438 $112,851,284 $1,046,652,243 $791,123,857 706
2016 $574,767,111 $117,642,099 $940,500,240 $678,272,573 621
2015 $588,046,551 $130,149,310 $826,566,450 $560,630,474 634
2014 $520,084,016 $131,705,591 $758,535,660 $432,141,641 653
2013 $600,205,569 $211,092,581 $747,740,068 $300,436,050 689
2012 $482,290,807 $100,229,439 $725,968,612 $89,343,468 645
2011 $501,213,579 $184,439,471 $655,344,183 $412,352,179 627
2010 $764,040,161 $152,989,168 $760,740,812 $382,942,784 609
2009 $546,821,682 $48,423,338 $652,376,457 $521,194,545
2008 $960,833,017 $176,880,677 $656,504,999 $489,337,051
2007 $749,658,624 $120,559,618 $747,786,538 $398,456,374
2006 $639,881,851 $87,727,262 $727,124,408 $426,502,526
2005 $612,096,546 $105,189,559 $789,212,925 $384,027,382
2004 $452,267,211 $60,738,654 $757,552,136 $278,837,823
2003 $292,276,510 $38,078,225 $774,607,573 $218,099,169
2002 $229,494,351 $26,084,735 $651,364,547 $194,747,343
2001 $182,052,247 $8,595,219 $631,849,513 $165,320,666
2000 $361,233,803 $15,081,927 $565,447,395 $150,695,369

In 2025 it recorded revenue of $302,045,202 and a net result of $103,055,805, a margin of 34.1%.

Its 2025 revenue ranks 67th among the 95,463 companies in the country that recorded sales that year. In Pichincha, it ranks 24th among the 32,639 on record.

Within its activity (ISIC code B0610.00, 36 companies with sales), its revenue exceeds that of 94.4%; the trade’s typical margin was 5.4%.

Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.

Tax status (SRI)

updated September 5, 2026
RUC status: Active
  • Phantom taxpayer: No
  • Nonexistent transactions: No
Tax regime
General regime The set of rules under which it files its taxes
Required to keep accounting books
Yes
Withholding agent
Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer
Yes Designated by the SRI for its size, with additional filing obligations
Start of activities
June 10, 1986

Establishments · 5 registered, 3 open

  • HEAD OFFICE Pichincha / Quito / Iñaquito / Av. Naciones Unidas E10-44 y Republica del Salvador Open
  • Sucumbios / Cuyabeno / Tarapoa / Via Tarapoa Aguas Negras Lote 34 y Via Tarapoa Aguas Negras Open
  • Pichincha / Quito / Cotocollao / Juan Molineros N60-82 y Av. Eloy Alfaro Open
  • Pichincha / Quito / Carcelén / Av. Jaime Roldos N85-11 Closed
  • Pichincha / Quito / Carcelén / N-73 E5-72 y PB Eloy Alfaro Closed

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 3 open establishments across 2 provinces, plus 2 closed.

Azuay: no data Bolívar: no data Carchi: no data Cañar: no data Chimborazo: no data Cotopaxi: no data El Oro: no data Esmeraldas: no data Galápagos: no data Guayas: no data Imbabura: no data Loja: no data Los Ríos: no data Manabí: no data Morona Santiago: no data Napo: no data Orellana: no data Pastaza: no data Pichincha: 2 companies Santa Elena: no data Santo Domingo de los Tsáchilas: no data Sucumbíos: 1 companies Tungurahua: no data Zamora Chinchipe: no data Galápagos

Azuay: no dataBolívar: no dataCarchi: no dataCañar: no dataChimborazo: no dataCotopaxi: no dataEl Oro: no dataEsmeraldas: no dataGalápagos: no dataGuayas: no dataImbabura: no dataLoja: no dataLos Ríos: no dataManabí: no dataMorona Santiago: no dataNapo: no dataOrellana: no dataPastaza: no dataPichincha: 2 companiesSanta Elena: no dataSanto Domingo de los Tsáchilas: no dataSucumbíos: 1 companiesTungurahua: no dataZamora Chinchipe: no data Point at or tap a province to see its figure

1 2

Provinces with a presence

  • Pichincha head office 2 locations
  • Sucumbios 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 5, 2026. The location is the province and canton on record, not each site’s exact address.

Activity classification (ISIC)

  1. Mining and quarrying
  2. Extraction of crude petroleum and natural gas
  3. Extraction of crude petroleum
  4. Extraction of crude petroleum
  5. Extraction of crude petroleum oils, bituminous shale and tar sands; production of crude petroleum from shale and bituminous sands; processes to obtain crude oils: decantation, desalting, dehydration, stabilization, etc.

Frequently asked questions

What is the RUC of Andes Petroleum Ecuador Ltd.?

The RUC (taxpayer registration number) of ANDES PETROLEUM ECUADOR LTD. is 1790749509001, according to Ecuador’s public corporate registry.

Is Andes Petroleum Ecuador Ltd. active?

Yes. Its legal status in the registry is Activa.

What trade name does Andes Petroleum Ecuador Ltd. use?

It operates under the trade name ANDES PETROLEUM ECUADOR LTD, according to the SRI’s RUC registry.

What does Andes Petroleum Ecuador Ltd. do?

Its registered economic activity (ISIC B0610.00) is: Extraction of crude petroleum oils, bituminous shale and tar sands; production of crude petroleum from shale and bituminous sands; processes to obtain crude oils: decantation, desalting, dehydration, stabilization, etc.

Where is Andes Petroleum Ecuador Ltd. located?

Its registered address is in Quito, province of Pichincha, Ecuador.

When was Andes Petroleum Ecuador Ltd. incorporated?

It was incorporated on June 10, 1986, as a branch of a foreign company.

Related companies

Corporate information from official public records of Ecuador · where this data comes from