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Active

Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A.

RUC 1790845923001 · Quito, Pichincha

Registry data

RUC
1790845923001
Legal name
SOCIEDAD ITALO ECUATORIANA DE ABRASIVOS S.A. S.I.E.A.
Trade name
SIEA S.A.
Size segment (SCVS)
Small · 2025
Incorporation date
March 30, 1988
Start of activities (SRI)
March 30, 1988
Subscribed capital
$3,344
Economic activity
Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper
ISIC code
C2399.01
Last year with filed statements
2025
Address
Bartolome Sanchez N72-221, Enrique Guerrero Portilla, Bartolome Sanchez
Location
Quito, Pichincha
Region
Sierra

Financial statements

Current ratio
4.07
Debt ratio
26.7%
Net margin
14.6%
Return on equity (ROE)
4.0%
Revenue vs 2024
+32.8%
Revenue by year 2000 → 2025 · +78.0%
$343 k
$1.6 M
$611 k
2000 2005 2010 2015 2020 2025
Net result by year 2000 → 2025 · +22.4%
$73.1 k
−$2.8 k
$545 k
$89.5 k
2000 2005 2010 2015 2020 2025
Employees by year 2008 → 2025 · −33.3%
15
19
2
10
2008 2011 2014 2017 2020 2025

The income statement · 2025

  • Revenue $611,487
  • Cost of sales $346,211
  • Expenses $135,026
  • Net result $89,483

Balance sheet structure · 2025

What it owns

  • Current assets $2,802,149 92%
  • Non-current assets $257,443 8%

How it is financed

  • Current liabilities $688,950 23%
  • Non-current liabilities $128,804 4%
  • Equity $2,241,838 73%

“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 $611,487 $89,483 $3,059,592 $2,241,838 10
2024 $460,604 $74,079 $3,122,554 $2,152,355 9
2023 $639,355 $79,253 $3,041,324 $2,078,276 9
2022 $524,796 $5,133 $2,129,654 $2,028,690 9
2021 $442,110 $50,377 $2,132,156 $2,023,557 11
2020 $442,321 $74,302 $2,107,990 $1,973,180 13
2019 $714,051 $144,419 $2,116,266 $1,860,101 11
2018 $993,506 $341,251 $2,870,228 $2,658,933 9
2017 $1,090,006 $257,614 $2,706,655 $1,915,465 10
2016 $1,184,154 $249,325 $2,945,356 $2,088,099 8
2015 $1,242,395 $315,636 $2,665,854 $1,838,774 2
2014 $1,445,765 $395,707 $2,401,550 $1,523,138 2
2013 $1,585,219 $435,187 $2,185,452 $1,495,006 2
2012 $1,541,149 $461,193 $1,377,661 $1,090,764 2
2011 $1,316,680 $545,254 $852,772 $453,103 17
2010 $1,092,565 $513,877 $769,688 $428,484 19
2009 $1,007,388 $306,263 $581,579 $407,194 17
2008 $903,294 $292,954 $574,527 $393,884 15
2007 $850,685 $267,648 $509,423 $341,813
2006 $674,970 $196,676 $517,001 $270,841
2005 $550,968 −$2,796 $420,454 $222,952
2004 $544,206 $137,223 $436,656 $206,040
2003 $558,456 $143,176 $395,990 $293,637
2002 $616,408 $167,928 $391,503 $332,288
2001 $403,826 $100,418 $387,063 $226,509
2000 $343,479 $73,123 $221,212 $203,302

In 2025 it recorded revenue of $611,487 and a net result of $89,483, a margin of 14.6%.

Its 2025 revenue exceeds that of 79.6% of the 95,463 companies in the country that recorded sales that year. In Pichincha, it exceeds 79.4% of the 32,639 on record.

Within its activity (ISIC code C239, 184 companies with sales), its revenue exceeds that of 52.7%; the trade’s typical margin was 1.5%.

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

Tax status (SRI)

updated September 6, 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
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
March 30, 1988

Establishments · 1 registered, 1 open

  • HEAD OFFICE Pichincha / Quito / Carcelén / Bartolome Sanchez N72-221 y Enrique Guerrero 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 Pichincha.

Cayambe: 0 companies Mejia: 0 companies Pedro Moncayo: 0 companies Pedro Vicente Maldonado: 0 companies Puerto Quito: 0 companies Quito: 1 companies Ruminahui: 0 companies San Miguel de los Bancos: 0 companies Quito Mejia Cayambe

Cayambe · 0 companiesMejia · 0 companiesPedro Moncayo · 0 companiesPedro Vicente Maldonado · 0 companiesPuerto Quito · 0 companiesQuito · 1 companiesRuminahui · 0 companiesSan Miguel de los Bancos · 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

  • Quito head office 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 6, 2026. The location is the province and canton on record, not each site’s exact address.

Activity classification (ISIC)

  1. Manufacturing
  2. Manufacture of other non-metallic mineral products
  3. Manufacture of non-metallic mineral products n.e.c.
  4. Manufacture of other non-metallic mineral products n.e.c.
  5. Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper

Frequently asked questions

What is the RUC of Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A.?

The RUC (taxpayer registration number) of SOCIEDAD ITALO ECUATORIANA DE ABRASIVOS S.A. S.I.E.A. is 1790845923001, according to Ecuador’s public corporate registry.

Is Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. active?

Yes. Its legal status in the registry is Activa.

What trade name does Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. use?

It operates under the trade name SIEA S.A., according to the SRI’s RUC registry.

What does Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. do?

Its registered economic activity (ISIC C2399.01) is: Manufacture of millstones, sharpening and polishing stones and natural and artificial abrasive products, including abrasive products on a flexible base such as sandpaper

Where is Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. located?

Its registered address is in Quito, province of Pichincha, Ecuador.

When was Sociedad Italo Ecuatoriana de Abrasivos S.A. S.I.E.A. incorporated?

It was incorporated on March 30, 1988, as a stock corporation (s.a.).

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