Skip to content
Encuentra Ecuador Search

Company profile

Historical

Molino Electro Moderno Sa Memsa

RUC 0690000741001 · Chimborazo

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 2008.

Registry data

RUC
0690000741001
Legal name
MOLINO ELECTRO MODERNO SA MEMSA
Trade name
MOLINO ELECTRO MODERNO S.A. · MOLINO ELECTRO MODERNO S.A
Start of activities (SRI)
September 16, 1965
Economic activity
Grain milling: production of flour, semolina, meal and pellets of wheat, rye, oats, maize and other cereals
ISIC code
C1061.11
Last year with filed statements
2008
Location
Chimborazo

Financial statements

Current ratio
1.08
Debt ratio
90.8%
Net margin
−1.8%
Return on equity (ROE)
−46.9%
Revenue vs 2007
+106.6%
Revenue by year 2000 → 2008 · ×4.9
$5.6 M
$28.0 M
2000 2001 2002 2003 2004 2005 2006 2007 2008
Net result by year
$0
$357 k
−$505 k
2000 2001 2002 2003 2004 2005 2006 2007 2008

The income statement · 2008

  • Revenue $28,038,590
  • Cost of sales $25,827,816
  • Expenses $2,715,641
  • Net result −$504,867

Balance sheet structure · 2008

What it owns

  • Current assets $10,769,775 92%
  • Non-current assets $951,227 8%

How it is financed

  • Current liabilities $10,013,875 85%
  • Non-current liabilities $630,507 5%
  • Equity $1,076,619 9%

“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
2008 $28,038,590 −$504,867 $11,721,002 $1,076,619 79
2007 $13,569,882 −$236,007 $4,657,338 $1,398,458
2006 $11,883,995 $203,365 $5,653,124 $1,817,493
2005 $10,339,604 $291,813 $4,189,325 $1,876,761
2004 $9,066,997 $357,476 $4,269,549 $2,111,695
2003 $7,956,895 $340,042 $4,815,438 $2,199,440
2002 $6,645,516 $169,390 $3,849,057 $1,421,225
2001 $5,607,328 $37,326 $2,680,608 $1,205,087
2000 $5,676,140 $0 $1,919,671 $641,803

In 2008 it recorded revenue of $28,038,590 and a net result of −$504,867, a margin of −1.8%.

Its 2008 revenue exceeds that of 98.8% of the 33,688 companies in the country that recorded sales that year. In Chimborazo, it ranks 3rd among the 202 on record.

Within its activity (ISIC code C1061, 44 companies with sales), its revenue exceeds that of 93.2%; the trade’s typical margin was 1.6%.

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

Tax status (SRI)

updated September 1, 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
Yes Designated by the SRI for its size, with additional filing obligations
Start of activities
September 16, 1965
Cessation of activities
June 1, 2009

Establishments · 7 registered, 0 open

  • HEAD OFFICE Chimborazo / Colta / Cajabamba / Juan Montalvo S/N y Garcia Moreno Closed
  • Chimborazo / Riobamba / Lizarzaburu / Pichincha 22-59 y Primera Constituyente Closed
  • Pichincha / Quito / Calderon (Carapungo) / Av. Carapungo 850 y Chasqui Closed
  • Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / San Pablo 244 y Napo Closed
  • Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / San Pablo 244 y Napo Closed
  • Guayas / Guayaquil / Tarqui / E-7 Closed
  • Imbabura / Ibarra / San Francisco / Mejia 9-119 y Pedro Rodriguez 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 food products
  3. Manufacture of grain mill products, starches and starch products
  4. Manufacture of grain mill products
  5. Grain milling: production of flour, semolina, meal and pellets of wheat, rye, oats, maize and other cereals

Frequently asked questions

What is the RUC of Molino Electro Moderno Sa Memsa?

The RUC (taxpayer registration number) of MOLINO ELECTRO MODERNO SA MEMSA is 0690000741001, according to Ecuador’s public corporate registry.

Is Molino Electro Moderno Sa Memsa active?

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

What trade name does Molino Electro Moderno Sa Memsa use?

It operates under the trade name MOLINO ELECTRO MODERNO S.A. and MOLINO ELECTRO MODERNO S.A, according to the SRI’s RUC registry.

What does Molino Electro Moderno Sa Memsa do?

Its registered economic activity (ISIC C1061.11) is: Grain milling: production of flour, semolina, meal and pellets of wheat, rye, oats, maize and other cereals

Related companies

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