Company profile
Ingenio Azucarero del Norte Compania de Economia Mixta Iancem
RUC 1090075744001 · Ibarra, Imbabura
Registry data
- RUC
- 1090075744001
- Legal name
- INGENIO AZUCARERO DEL NORTE COMPANIA DE ECONOMIA MIXTA IANCEM
- Trade name
- IANCEM
- Company type
- Mixed-economy company
- Size segment (SCVS)
- Large · 2025
- Incorporation date
- March 10, 1986
- Start of activities (SRI)
- March 10, 1986
- Subscribed capital
- $14,672,634
- Economic activity
- Manufacture and refining of cane sugar and cane molasses; sugar beet, etc.
- ISIC code
- C1072.02
- Last year with filed statements
- 2025
- Address
- Panamericana Norte KMT 25 Via a Tulcan, Panamericana, Tababuela
- Location
- Ibarra, Imbabura
- Region
- Sierra
- Phone
- 062998100
Financial statements
- Current ratio
- 1.65
- Debt ratio
- 32.3%
- Net margin
- 4.5%
- Return on equity (ROE)
- 4.4%
- Revenue vs 2024
- −9.3%
The income statement · 2025
- Revenue $30,776,244
- Cost of sales $25,415,340
- Expenses $5,252,228
- Net result $1,373,773
Balance sheet structure · 2025
What it owns
- Current assets $9,925,686 22%
- Non-current assets $35,843,732 78%
How it is financed
- Current liabilities $6,004,540 13%
- Non-current liabilities $8,760,957 19%
- Equity $31,003,921 68%
“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.
| Year | Revenue | Net result | Assets | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | $30,776,244 | $1,373,773 | $45,769,418 | $31,003,921 | 327 |
| 2024 | $33,935,008 | $3,960,255 | $46,801,171 | $31,329,540 | 312 |
| 2023 | $33,085,735 | $4,805,820 | $45,818,926 | $30,652,622 | 323 |
| 2022 | $29,162,182 | $3,000,552 | $41,902,105 | $27,188,898 | 294 |
| 2021 | $26,814,698 | $829,160 | $34,905,548 | $24,850,650 | 300 |
| 2020 | $22,616,263 | $1,445 | $34,425,645 | $24,502,997 | 312 |
| 2019 | $24,552,740 | $361,960 | $33,766,561 | $24,682,707 | 320 |
| 2018 | $22,905,284 | $789,465 | $33,573,621 | $24,813,512 | 320 |
| 2017 | $22,379,087 | −$543,556 | $32,131,353 | $24,149,337 | 313 |
| 2016 | $24,264,706 | $379,309 | $33,384,622 | $25,070,812 | 310 |
| 2015 | $22,550,928 | $1,111,015 | $42,926,108 | $37,111,491 | 311 |
| 2014 | $20,958,328 | $844,890 | $43,437,882 | $33,685,657 | 318 |
| 2013 | $22,379,130 | −$248,178 | $43,177,514 | $32,976,915 | 302 |
| 2012 | $22,225,462 | $245,933 | $44,727,579 | $33,335,617 | 353 |
| 2011 | $27,071,262 | $3,302,935 | $44,012,602 | $33,089,684 | 347 |
| 2010 | $18,985,655 | $1,644,586 | $16,996,143 | $9,056,427 | 299 |
| 2008 | $12,956,849 | $645,713 | $17,450,950 | $6,787,693 | 317 |
| 2007 | $11,902,311 | $417,572 | $16,320,292 | $6,425,638 | — |
| 2006 | $12,227,451 | $645,910 | $11,017,679 | $6,016,019 | — |
| 2005 | $10,138,162 | $294,541 | $7,119,333 | $5,370,109 | — |
| 2004 | $9,640,114 | $283,158 | $5,245,693 | $3,775,569 | — |
| 2003 | $9,578,603 | $9,784 | $4,732,822 | $3,503,479 | — |
| 2002 | $10,561,474 | $0 | $5,234,656 | $3,484,014 | — |
| 2001 | $11,397,010 | $434,454 | $5,401,969 | $3,752,321 | — |
| 2000 | $10,281,711 | $937,617 | $5,366,335 | $4,393,111 | — |
In 2025 it recorded revenue of $30,776,244 and a net result of $1,373,773, a margin of 4.5%.
Its 2025 revenue exceeds that of 99.1% of the 95,463 companies in the country that recorded sales that year. In Imbabura, it ranks 3rd among the 1,207 on record.
Within its activity (ISIC code C107, 463 companies with sales), its revenue exceeds that of 95.9%; the trade’s typical margin was 1.1%.
Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.
Securities market
Ingenio Azucarero del Norte Compania de Economia Mixta Iancem is registered as an issuer in the public securities market registry, the roster of companies that raise financing by selling securities. There it files balance sheets more often than the annual statements; the most recent is from June 30, 2026:
- Assets
- $47,700,301
- Liabilities
- $17,255,588
- Equity
- $30,444,713
- Period revenue
- $13,998,930
- Period result
- −$185,333
Semiannual balance sheet filed with the public securities market registry; revenue and result are the running total since January. See the securities market analysis
Tax status (SRI)
updated September 3, 2026- 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
- March 10, 1986
Establishments · 1 registered, 1 open
- HEAD OFFICE Imbabura / Ibarra / Ambuqui / Panamericana Norte Open
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 1 open establishment in Imbabura.
Antonio Ante · 0 companiesCotacachi · 0 companiesIbarra · 1 companiesOtavalo · 0 companiesPimampiro · 0 companiesSan Miguel de Urcuqui · 0 companies Point at or tap a canton to see its figure
Cantons of the province. Each canton links to its listing. Boundaries: geoBoundaries (CC BY 4.0).
Cantons with a presence
- Ibarra head office 1 location
Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 3, 2026. The location is the province and canton on record, not each site’s exact address.
Activity classification (ISIC)
Frequently asked questions
What is the RUC of Ingenio Azucarero del Norte Compania de Economia Mixta Iancem?
The RUC (taxpayer registration number) of INGENIO AZUCARERO DEL NORTE COMPANIA DE ECONOMIA MIXTA IANCEM is 1090075744001, according to Ecuador’s public corporate registry.
Is Ingenio Azucarero del Norte Compania de Economia Mixta Iancem active?
Yes. Its legal status in the registry is Activa.
What trade name does Ingenio Azucarero del Norte Compania de Economia Mixta Iancem use?
It operates under the trade name IANCEM, according to the SRI’s RUC registry.
What does Ingenio Azucarero del Norte Compania de Economia Mixta Iancem do?
Its registered economic activity (ISIC C1072.02) is: Manufacture and refining of cane sugar and cane molasses; sugar beet, etc.
Where is Ingenio Azucarero del Norte Compania de Economia Mixta Iancem located?
Its registered address is in Ibarra, province of Imbabura, Ecuador.
When was Ingenio Azucarero del Norte Compania de Economia Mixta Iancem incorporated?
It was incorporated on March 10, 1986, as a mixed-economy company.
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Corporate information from official public records of Ecuador · where this data comes from