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Company profile

Active

Panakruz S.A.

RUC 0990942595001 · San Cristóbal, Galapagos

Registry data

RUC
0990942595001
Legal name
PANAKRUZ S.A.
Trade name
M/Y THEORY · M/Y ERIC · M/Y FLAMINGO I
Size segment (SCVS)
Large · 2025
Incorporation date
September 28, 1988
Start of activities (SRI)
September 28, 1988
Subscribed capital
$849,068
Economic activity
Activities of travel agencies primarily engaged in selling travel, package tour, transport and accommodation services, on a wholesale or retail basis, to the general public and commercial clients
ISIC code
N7911.00
Last year with filed statements
2025
Address
Atahualpa Mayaicu, Via Principal
Location
San Cristóbal, Galapagos
Region
Galápagos

Financial statements

Current ratio
0.48
Debt ratio
44.9%
Net margin
18.1%
Return on equity (ROE)
19.8%
Revenue vs 2024
+18.5%
Revenue by year 2000 → 2025 · ×5.1
$1.1 M
$77.8 k
$5.4 M
2000 2005 2010 2014 2018 2025
Net result by year 2000 → 2025 · ×355.2
$2.7 k
−$1.2 M
$1.4 M
$968 k
2000 2005 2010 2014 2018 2025
Employees by year 2010 → 2025 · +27.8%
18
15
28
23
2010 2013 2016 2019 2022 2025

The income statement · 2025

  • Revenue $5,355,698
  • Cost of sales $2,979,077
  • Expenses $818,473
  • Net result $968,054

Balance sheet structure · 2025

What it owns

  • Current assets $775,169 9%
  • Non-current assets $8,118,506 91%

How it is financed

  • Current liabilities $1,607,007 18%
  • Non-current liabilities $2,387,519 27%
  • Equity $4,899,149 55%

“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 $5,355,698 $968,054 $8,893,675 $4,899,149 23
2024 $4,518,427 $497,156 $8,453,190 $3,942,719 25
2023 $5,540,884 $976,244 $9,023,229 $3,386,745 23
2022 $77,833 $1,352,918 $8,492,238 $1,883,670 25
2021 $3,359,093 −$1,191,411 $6,627,495 $655,752 28
2020 $1,671,927 −$558,913 $7,843,096 $1,347,163 25
2019 $4,448,600 $213,973 $8,025,629 $2,106,076 26
2018 $3,181,501 $155,474 $7,806,993 $2,292,103 25
2017 $2,971,744 $49,873 $5,029,427 $3,230,874 24
2016 $2,991,947 $125,181 $5,099,035 $3,181,001 24
2015 $2,940,617 $110,881 $5,334,996 $3,055,819 27
2014 $2,335,488 $168,567 $5,129,843 $2,944,939 24
2013 $2,090,035 $241,392 $3,748,653 $2,776,371 16
2012 $2,010,424 $5,840 $3,775,405 $2,134,980 15
2011 $1,993,148 $17,922 $2,044,628 $842,806 18
2010 $1,588,619 $25,665 $2,183,891 $831,228 18
2008 $987,758 $30,371 $2,393,947 $797,696
2007 $629,480 $16,067 $2,196,500 $802,979
2006 $425,462 $19,288 $2,367,442 $786,143
2005 $225,437 $401 $2,579,372 $206,855
2004 $215,714 $788 $2,095,088 $206,058
2003 $1,215,009 −$89,928 $2,337,911 $106,270
2002 $278,282 $656 $2,166,947 $196,418
2000 $1,060,527 $2,725 $2,236,874 $1,312,289

In 2025 it recorded revenue of $5,355,698 and a net result of $968,054, a margin of 18.1%.

Its 2025 revenue exceeds that of 95.7% of the 95,463 companies in the country that recorded sales that year. In Galapagos, it ranks 18th among the 607 on record. By the province where its RUC was registered, Guayas, it exceeds 95.1% of the 35,214 registered there.

Within its activity (ISIC code N7911.00, 1,336 companies with sales), its revenue exceeds that of 99.2%; the trade’s typical margin was 0.7%.

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

Securities market

Panakruz S.A. 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 December 31, 2025:

Assets
$8,893,675
Liabilities
$3,994,526
Equity
$4,899,149
Period revenue
$5,355,698
Period result
$968,054

Annual balance sheet filed with the public securities market registry. See the securities market analysis

Tax status (SRI)

updated September 3, 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
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 28, 1988

Establishments · 4 registered, 3 open

  • HEAD OFFICE Galapagos / San Cristobal / Puerto Baquerizo Moreno / Atahualpa SN y Mayaicu Open
  • Guayas / Samborondon / Tarifa / Open
  • Galapagos / San Cristobal / Puerto Baquerizo Moreno / Atahualpa S/N y S/N Open
  • Galapagos / San Cristobal / Puerto Baquerizo Moreno / Albatros Atahualpa S/N 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 1 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: 2 companies Guayas: 1 companies 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: no data Santa Elena: no data Santo Domingo de los Tsáchilas: no data Sucumbíos: no data 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: 2 companiesGuayas: 1 companiesImbabura: no dataLoja: no dataLos Ríos: no dataManabí: no dataMorona Santiago: no dataNapo: no dataOrellana: no dataPastaza: no dataPichincha: no dataSanta Elena: no dataSanto Domingo de los Tsáchilas: no dataSucumbíos: no dataTungurahua: no dataZamora Chinchipe: no data Point at or tap a province to see its figure

1 2

Provinces with a presence

  • Galapagos head office 2 locations
  • Guayas 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)

  1. Administrative and support service activities
  2. Travel agency, tour operator, reservation service and related activities
  3. Travel agency and tour operator activities
  4. Travel agency activities
  5. Activities of travel agencies primarily engaged in selling travel, package tour, transport and accommodation services, on a wholesale or retail basis, to the general public and commercial clients

Frequently asked questions

What is the RUC of Panakruz S.A.?

The RUC (taxpayer registration number) of PANAKRUZ S.A. is 0990942595001, according to Ecuador’s public corporate registry.

Is Panakruz S.A. active?

Yes. Its legal status in the registry is Activa.

What trade name does Panakruz S.A. use?

It operates under the trade name M/Y THEORY and M/Y ERIC and M/Y FLAMINGO I, according to the SRI’s RUC registry.

What does Panakruz S.A. do?

Its registered economic activity (ISIC N7911.00) is: Activities of travel agencies primarily engaged in selling travel, package tour, transport and accommodation services, on a wholesale or retail basis, to the general public and commercial clients

Where is Panakruz S.A. located?

Its registered address is in San Cristóbal, province of Galapagos, Ecuador.

When was Panakruz S.A. incorporated?

It was incorporated on September 28, 1988, as a stock corporation (s.a.).

Related companies

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