Formutech S.A.

RUC 0991380302001 · Guayas

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 2003.

Registry data

RUC: 0991380302001
Legal name: FORMUTECH S.A.
Trade name: FORMUTECH
Company type: Stock corporation (S.A.)
Start of activities (SRI): January 21, 1997
Economic activity: Wholesale of household appliances and devices: refrigerators, stoves, washing machines, etc. Includes television sets, stereos (sound equipment), recording equipment and CD and DVD players, audio and video tapes, recorded CDs and DVDs
ISIC code: G4649.11
Last year with filed statements: 2003
Location: Guayas

Financial statements

Current ratio: 0.93
Debt ratio: 90.1%
Net margin: −1.7%
Return on equity (ROE): −15.7%
Revenue vs 2002: −37.0%

Revenue by year 2000 → 2003 · +15.6%

$1.3 M

$2.3 M

$1.5 M

2000 2001 2002 2003

Net result by year

−$90.3 k

$9.3 k

−$24.9 k

2000 2001 2002 2003

The income statement · 2003

Revenue $1,479,008
Cost of sales $1,190,118
Expenses $313,799
Net result −$24,909

Balance sheet structure · 2003

What it owns

Current assets $1,208,372 75%
Non-current assets $401,973 25%

How it is financed

Current liabilities $1,292,559 80%
Non-current liabilities $158,656 10%
Equity $159,130 10%

“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
2003	$1,479,008	−$24,909	$1,610,345	$159,130
2002	$2,346,380	$9,341	$1,715,538	$174,206
2001	$2,231,091	$1,782	$1,961,520	$115,687
2000	$1,278,968	−$90,346	$1,346,501	$95,423

In 2003 it recorded revenue of $1,479,008 and a net result of −$24,909, a margin of −1.7%.

Its 2003 revenue exceeds that of 89.5% of the 26,062 companies in the country that recorded sales that year. In Guayas, it exceeds 91.5% of the 12,433 on record.

Within its activity (ISIC code G4649.11, 153 companies with sales), its revenue exceeds that of 78.4%; the trade’s typical margin was 0.7%.

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

Tax status (SRI)

updated August 31, 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: No 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: January 21, 1997
Cessation of activities: October 21, 2021

Establishments · 1 registered, 0 open

HEAD OFFICE Guayas / Guayaquil / Tarqui / Leopoldo Carrera Calvo 129 y Calle Primera 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)

Frequently asked questions

What is the RUC of Formutech S.A.?

The RUC (taxpayer registration number) of FORMUTECH S.A. is 0991380302001, according to Ecuador’s public corporate registry.

Is Formutech S.A. active?

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

What trade name does Formutech S.A. use?

It operates under the trade name FORMUTECH, according to the SRI’s RUC registry.

What does Formutech S.A. do?

Its registered economic activity (ISIC G4649.11) is: Wholesale of household appliances and devices: refrigerators, stoves, washing machines, etc. Includes television sets, stereos (sound equipment), recording equipment and CD and DVD players, audio and video tapes, recorded CDs and DVDs

Related companies

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