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Company profile

Historical

Formica y Madera Foresman Cia. Ltda.

RUC 1791134389001 · Pichincha

This company is no longer in the current registry of the Superintendencia de Compañías. Its file is kept here as historical record, with the financial statements it filed through 2020.

Registry data

RUC
1791134389001
Legal name
FORMICA Y MADERA FORESMAN CIA. LTDA.
Company type
Limited liability company (Cía. Ltda.)
Size segment (SCVS)
Small · 2020
Start of activities (SRI)
June 5, 1991
Economic activity
Manufacture of veneer sheets (smoothed, dyed, coated, impregnated, reinforced with paper or fabric, cut into shapes) thin enough to produce veneered wood, plywood and for other purposes; manufacture of plywood, veneered wood panels and other panels and sheets of laminated wood, fibreboard and particle board, densified wood, glue-laminated wood
ISIC code
C1621.01
Last year with filed statements
2020
Location
Pichincha

Financial statements

Current ratio
2.12
Debt ratio
49.4%
Return on equity (ROE)
8.1%
Revenue by year 2000 → 2020 · −40.1%
$537 k
$1.2 M
$322 k
2000 2004 2008 2012 2016 2020
Net result by year 2000 → 2020 · −29.6%
$19.7 k
−$52.2 k
$45.8 k
$13.9 k
2000 2004 2008 2012 2016 2020
Employees by year 2008 → 2020 · −90.6%
32
49
3
2008 2011 2014 2017 2020

The income statement · 2020

  • Revenue $321,610
  • Cost of sales $278,171
  • Expenses $193,971
  • Net result $13,891

The 2020 figures do not add up at first sight: cost and expenses exceed the declared revenue and there is still a profit. The revenue line does not capture total sales. Figures are shown as filed, which is why this profile does not compute the margin or compare it against the previous year.

Balance sheet structure · 2020

What it owns

  • Current assets $181,944 54%
  • Non-current assets $155,818 46%

How it is financed

  • Current liabilities $85,647 25%
  • Non-current liabilities $81,273 24%
  • Equity $170,842 51%

“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
2020 $321,610 $13,891 $337,762 $170,842 3
2019 $848,363 $37,290 $644,631 $228,046 18
2018 $643,337 $34,302 $923,494 $186,338 24
2017 $849,044 −$22,096 $981,143 $118,489 18
2016 $1,191,738 $45,818 $917,557 $140,585 42
2015 $1,178,268 $32,448 $826,029 $237,611 45
2014 $1,187,327 $39,836 $1,003,821 $278,202 49
2013 $1,032,189 $30,628 $1,410,382 $233,126 34
2012 $917,605 −$13,367 $980,795 $189,744 49
2011 $931,982 $45,485 $867,538 $175,270 33
2010 $843,713 $21,835 $855,909 $146,088 31
2009 $899,422 $32,097 $964,415 $290,712 36
2008 $807,904 $32,804 $768,074 $173,181 32
2007 $746,935 $36,657 $416,669 $164,206 —
2006 $489,761 −$16,281 $386,148 $110,670 —
2005 $440,621 −$52,176 $403,742 $126,951 —
2004 $453,883 $8,935 $299,225 $179,127 —
2003 $589,891 $9,284 $338,157 $185,841 —
2002 $530,733 $11,973 $343,390 $214,738 —
2001 $861,755 $34,357 $341,680 $213,896 —
2000 $537,305 $19,722 $391,232 $196,562 —

In 2020 it recorded revenue of $321,610 and a net result of $13,891.

In its activity (ISIC code C162, 75 companies with sales), the trade’s typical margin was 0.8%.

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

Tax status (SRI)

updated September 4, 2026
RUC status: Deregistered · Extincion
  • 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
No Designated by the SRI for its size, with additional filing obligations
Start of activities
June 5, 1991
Cessation of activities
December 13, 2021

Establishments · 1 registered, 0 open

  • HEAD OFFICE Pichincha / Quito / Calderon (Carapungo) / Tagaeri Oe10-242 y el Arenal 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.

Activity classification (ISIC)

  1. Manufacturing
  2. Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
  3. Manufacture of products of wood, cork, straw and plaiting materials
  4. Manufacture of veneer sheets and wood-based panels
  5. Manufacture of veneer sheets (smoothed, dyed, coated, impregnated, reinforced with paper or fabric, cut into shapes) thin enough to produce veneered wood, plywood and for other purposes; manufacture of plywood, veneered wood panels and other panels and sheets of laminated wood, fibreboard and particle board, densified wood, glue-laminated wood

Frequently asked questions

What is the RUC of Formica y Madera Foresman Cia. Ltda.?

The RUC (taxpayer registration number) of FORMICA Y MADERA FORESMAN CIA. LTDA. is 1791134389001, according to Ecuador’s public corporate registry.

Is Formica y Madera Foresman Cia. Ltda. active?

No. Its legal status in the registry is Fuera del Registro Vigente.

What does Formica y Madera Foresman Cia. Ltda. do?

Its registered economic activity (ISIC C1621.01) is: Manufacture of veneer sheets (smoothed, dyed, coated, impregnated, reinforced with paper or fabric, cut into shapes) thin enough to produce veneered wood, plywood and for other purposes; manufacture of plywood, veneered wood panels and other panels and sheets of laminated wood, fibreboard and particle board, densified wood, glue-laminated wood

Related companies

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