Parametro de proyeccion

2021 2022
20% 20%
61% 61%
17% 17%
8% 8%
7.14% 7.14%
96 96
no tiene buena gestion de capital de trabajo
170 170
140 140
40% 40%

ESTADO DE RESULTADO HISTORICO

DETALLE 2019 2020
VENTA 7,910,369 9,492,443
COSTO DE VENTA 4,825,325 5,790,390
UTILIDAD BRUTA 3,085,044 3,702,053
GASTOS OPERATIVOS 1,028,348 1,044,169
GASTOS ADMINISTRATIVOS 316,415 189,849
GASTOS VENTAS 711,933 854,320
RESULTADOSOPERATIVOS 2,056,696 2,657,884
INTERESES 51,249 49,990
UTILIDAD ANTES DE IMPUESTO 2,005,447 2,607,894
IMPUESTO 591,607 769,329
RESULTADO DEL PERIODO 1,413,840 1,838,565

ESTADO DE SITUACION FINANCIERA

HISTORICO
ACTIVO 2019 2020
ACTIVO CORRIENTE 5,425,719 6,682,596
CAJA 1,083,057 1,422,596
CUENTAS POR COBRAR 2,200,000 2,525,000
INVENTARIO 2,142,662 2,735,000
ACTIVO NO CORRIENTE 1,072,000 1,016,000
ACTIVO FIJO BRUTO 1,400,000 1,400,000
DEPRECIACION ACUMULADA 328,000 384,000
TOTAL DE ACTIVO 6,497,719 7,698,596

PASIVO
PASIVO CORRIENTE 1,734,895 2,310,198
CUENTAS POR PAGAR 1,676,515 2,251,818
DEUDAS BANCARIAS A CORTO PLAZO 58,380 58,380
PASIVO NO CORRIENTE 642,184 527,730
DEUDAS BANCARIAS DEL CORTO LARGO PLAZO 642,184 527,730
TOTAL PASIVO 2,377,079 2,837,928
PATRIMONIO
CAPITAL 1,686,349 1,686,349
RESULTADOS ACUMULADOS 2,434,291 3,174,319
TOTAL PATRIMONIO 4,120,640 4,860,668
TOTAL PASIVO Y PATRIMONIO 6,497,719 7,698,596

DIFERENCIA - -

2019 2020
super utilidad teorica 4,931,209 5,959,205
supe utilidad real 4,120,640 4,860,668
pago de dividendo 810,569 1,098,537

% de pago de dividendo 57% 60%

% de retencion 43% 40%

detalle 2019 2020

LC liquidez corriente 3.13 2.89
LI liquidez inmediata 62% 62%
ROE rentabilidad financiera 34% 38%
PPC periodo promedio de cobro 100 96
PPI perido promedio del inventario 160 170
PPP periodo promedio de pago 125 140
CCE ciclo de conversion de efectivo 135 126

Coeficiente de Correlacion
Coeficiente de Correlacion
AH
AV
AH
AV

PROYECCION
2021 2022
11,390,931 13,669,117
6,948,468 8,338,162
4,442,463 5,330,956
1,155,065 1,400,431
243,790 306,902
911,274 1,093,529
3,287,398 3,930,525
41,823 37,657
3,245,575 3,892,868
957,445 1,148,396
2,288,131 2,744,472

2021 2022
7,937,499 9,595,011 DEPRECIACION
1,618,696 2,012,448 ULTIM 60000 16.6667% 10000
3,037,582 3,645,098 70000 16.6667% 11667
3,281,221 3,937,465 130000 21667
1,068,333 990,667
1,530,000 1,530,000 77,667
461,667 539,333 56,000
9,005,832 10,585,677 77,667

2,760,562 3,300,998
2,702,182 3,242,618
58,380 58,380
469,350 410,970
469,350 410,970
3,229,912 3,711,968
1,686,349 1,686,349
4,089,571 5,187,360
5,775,920 6,873,709
9,005,832 10,585,677

- - -

2021 2022
7,148,799 8,520,392
5,775,920 6,873,709
1,372,878 1,646,683

60% 60%
40% 40%

2021 2022
2.88 2.91
59% 61%
40% 40%
96 96
170 170
140 140
126 126
 ESTADO DE RESULTADO
DETALLE 2013 2014
VENTA 4,000,000 4,080,000
COSTO DE VENTA 2,400,000 2,448,000
UTILIDAD BRUTA 1,600,000 1,632,000
GASTOS OPERATIVOS 480,000 408,000
GASTOS ADMINISTRATIVOS 80,000 81,600
GASTOS VENTAS 400,000 326,400
RESULTADOSOPERATIVOS 1,120,000 1,224,000
INTERESES 43,563 41,385
UTILIDAD ANTES DE IMPUESTO 1,076,437 1,182,615
IMPUESTO 317,549 348,871
RESULTADO DEL PERIODO 758,888 833,744

ESTADO DE SITUACION FINANCIERA

ACTIVO 2013 2014

ACTIVO CORRIENTE 1,955,206 2,262,764
CAJA 688,539 970,764
CUENTAS POR COBRAR 666,667 680,000
INVENTARIO 600,000 612,000
ACTIVO NO CORRIENTE 760,000 728,000
ACTIVO FIJO BRUTO 800,000 800,000
DEPRECIACION ACUMULADA 40,000 72,000
TOTAL DE ACTIVO 2,715,206 2,990,764

PASIVO
PASIVO CORRIENTE 427,227 435,227
CUENTAS POR PAGAR 400,000 408,000
DEUDAS BANCARIAS A CORTO PLAZO 27,227 27,227
PASIVO NO CORRIENTE 517,313 490,086
DEUDAS BANCARIAS DEL CORTO LARGO PLAZO 517,313 490,086
TOTAL PASIVO 944,540 925,313

PATRIMONIO
CAPITAL 1,686,349 1,686,349
RESULTADOS ACUMULADOS 84,317 379,102
TOTAL PATRIMONIO 1,770,666 2,065,451
TOTAL PASIVO Y PATRIMONIO 2,715,206 2,990,764
 Historico
2015 2016 2017 2018 2019 2020
4,161,600 4,577,760 5,493,312 6,591,974 7,910,369 9,492,443
2,496,960 2,829,056 3,455,936 4,011,388 4,825,325 5,790,390
1,664,640 1,748,704 2,037,376 2,580,586 3,085,044 3,702,053
457,776 549,331 769,063 725,117 1,028,348 1,044,169
83,232 137,333 219,732 197,759 316,415 189,849
374,544 411,998 549,331 527,358 711,933 854,320
1,206,864 1,199,373 1,268,313 1,855,469 2,056,696 2,657,884
68,356 64,000 59,644 55,287 51,249 49,990
1,138,508 1,135,373 1,208,669 1,800,182 2,005,447 2,607,894
335,860 334,935 356,557 531,054 591,607 769,329
802,648 800,438 852,112 1,269,128 1,413,840 1,838,565

Historico
2015 2016 2017 2018 2019 2020
2,802,726 2,940,773 3,834,592 4,339,259 5,425,719 6,682,596
1,299,926 853,314 848,997 1,204,259 1,083,057 1,422,596
809,200 1,144,440 1,449,624 1,465,000 2,200,000 2,525,000
693,600 943,019 1,535,971 1,670,000 2,142,662 2,735,000
888,000 1,040,000 1,184,000 1,128,000 1,072,000 1,016,000
1,000,000 1,200,000 1,400,000 1,400,000 1,400,000 1,400,000
112,000 160,000 216,000 272,000 328,000 384,000
3,690,726 3,980,773 5,018,592 5,467,259 6,497,719 7,698,596

533,038 573,114 1,302,431 1,313,252 1,734,895 2,310,198

478,584 518,660 1,247,977 1,258,798 1,676,515 2,251,818
54,454 54,454 54,454 54,454 58,380 58,380
800,000 745,546 691,092 636,638 642,184 527,730
800,000 745,546 691,092 636,638 642,184 527,730
1,333,038 1,318,660 1,993,523 1,949,890 2,377,079 2,837,928

1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349

671,339 975,764 1,338,720 1,831,020 2,434,291 3,174,319
2,357,688 2,662,113 3,025,069 3,517,369 4,120,640 4,860,668
3,690,726 3,980,773 5,018,592 5,467,259 6,497,719 7,698,596
2017 2018 2019 2020 MIN
100% 100% 100% 100% 100%
63% 61% 61% 61% 61%
37% 39% 39% 39% 37%
14% 11% 13% 11% 11%
4% 3% 4% 2% 2%
10% 8% 9% 9% 8%
23% 28% 26% 28% 23%
1% 1% 1% 1% 1%
22% 27% 25% 27% 22%
6% 8% 7% 8% 6%
16% 19% 18% 19% 16%

2017 2018 2019 2020

76% 79% 84% 87%
17% 22% 17% 18%
29% 27% 34% 33%
31% 31% 33% 36%
24% 21% 16% 13%
28% 26% 22% 18%
4% 5% 5% 5%
100% 100% 100% 100%

26% 24% 27% 30%

25% 23% 26% 29%
1% 1% 1% 1%
14% 12% 10% 7%
14% 12% 10% 7%
40% 36% 37% 37%

34% 31% 26% 22%

27% 33% 37% 41%
60% 64% 63% 63%
100% 100% 100% 100%
PROMEDIO MAX U.DATO
100% 100% 100%
61% 63% 61%
39% 39% 39%
12% 14% 11%
3% 4% 2%
9% 10% 9%
26% 28% 28%
1% 1% 1%
26% 27% 27%
8% 8% 8%
18% 19% 19%
 ESTADO DE RESULTADO
DETALLE 2013 2014
VENTA 4,000,000 4,080,000
COSTO DE VENTA 2,400,000 2,448,000
UTILIDAD BRUTA 1,600,000 1,632,000
GASTOS OPERATIVOS 480,000 408,000
GASTOS ADMINISTRATIVOS 80,000 81,600
GASTOS VENTAS 400,000 326,400
RESULTADOSOPERATIVOS 1,120,000 1,224,000
INTERESES 43,563 41,385
UTILIDAD ANTES DE IMPUESTO 1,076,437 1,182,615
IMPUESTO 317,549 348,871
RESULTADO DEL PERIODO 758,888 833,744

ESTADO DE SITUACION FINANCIERA

ACTIVO 2013 2014

ACTIVO CORRIENTE 1,955,206 2,262,764
CAJA 688,539 970,764
CUENTAS POR COBRAR 666,667 680,000
INVENTARIO 600,000 612,000
ACTIVO NO CORRIENTE 760,000 728,000
ACTIVO FIJO BRUTO 800,000 800,000
DEPRECIACION ACUMULADA 40,000 72,000
TOTAL DE ACTIVO 2,715,206 2,990,764

PASIVO
PASIVO CORRIENTE 427,227 435,227
CUENTAS POR PAGAR 400,000 408,000
DEUDAS BANCARIAS A CORTO PLAZO 27,227 27,227
PASIVO NO CORRIENTE 517,313 490,086
DEUDAS BANCARIAS DEL CORTO LARGO PLAZO 517,313 490,086
TOTAL PASIVO 944,540 925,313

PATRIMONIO
CAPITAL 1,686,349 1,686,349
RESULTADOS ACUMULADOS 84,317 379,102
TOTAL PATRIMONIO 1,770,666 2,065,451
TOTAL PASIVO Y PATRIMONIO 2,715,206 2,990,764
 Historico
2015 2016 2017 2018 2019 2020
4,161,600 4,577,760 5,493,312 6,591,974 7,910,369 9,492,443
2,496,960 2,829,056 3,455,936 4,011,388 4,825,325 5,790,390
1,664,640 1,748,704 2,037,376 2,580,586 3,085,044 3,702,053
457,776 549,331 769,063 725,117 1,028,348 1,044,169
83,232 137,333 219,732 197,759 316,415 189,849
374,544 411,998 549,331 527,358 711,933 854,320
1,206,864 1,199,373 1,268,313 1,855,469 2,056,696 2,657,884
68,356 64,000 59,644 55,287 51,249 49,990
1,138,508 1,135,373 1,208,669 1,800,182 2,005,447 2,607,894
335,860 334,935 356,557 531,054 591,607 769,329
802,648 800,438 852,112 1,269,128 1,413,840 1,838,565

Historico
2015 2016 2017 2018 2019 2020
2,802,726 2,940,773 3,834,592 4,339,259 5,425,719 6,682,596
1,299,926 853,314 848,997 1,204,259 1,083,057 1,422,596
809,200 1,144,440 1,449,624 1,465,000 2,200,000 2,525,000
693,600 943,019 1,535,971 1,670,000 2,142,662 2,735,000
888,000 1,040,000 1,184,000 1,128,000 1,072,000 1,016,000
1,000,000 1,200,000 1,400,000 1,400,000 1,400,000 1,400,000
112,000 160,000 216,000 272,000 328,000 384,000
3,690,726 3,980,773 5,018,592 5,467,259 6,497,719 7,698,596

533,038 573,114 1,302,431 1,313,252 1,734,895 2,310,198

478,584 518,660 1,247,977 1,258,798 1,676,515 2,251,818
54,454 54,454 54,454 54,454 58,380 58,380
800,000 745,546 691,092 636,638 642,184 527,730
800,000 745,546 691,092 636,638 642,184 527,730
1,333,038 1,318,660 1,993,523 1,949,890 2,377,079 2,837,928

1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349

671,339 975,764 1,338,720 1,831,020 2,434,291 3,174,319
2,357,688 2,662,113 3,025,069 3,517,369 4,120,640 4,860,668
3,690,726 3,980,773 5,018,592 5,467,259 6,497,719 7,698,596
2017/2016 2018/2017 2019/2018 2020/2019 MIN
20% 20% 20% 20% 20%
22% 16% 20% 20% 16%
17% 27% 20% 20% 17%
40% -6% 42% 2% -6%
60% -10% 60% -40% -40%
33% -4% 35% 20% -4%
6% 46% 11% 29% 6%
-7% -7% -7% -2% -7%
6% 49% 11% 30% 6%
6% 49% 11% 30% 6%
6% 49% 11% 30% 6%

2017/2016 2018/2017 2019/2018 2020/2019

30% 13% 25% 23%
-1% 42% -10% 31%
27% 1% 50% 15%
63% 9% 28% 28%
14% -5% -5% -5%
17% 0% 0% 0%
35% 26% 21% 17%
26% 9% 19% 18%

127% 1% 32% 33%

141% 1% 33% 34%
0% 0% 7% 0%
-7% -8% 1% -18%
-7% -8% 1% -18%
51% -2% 22% 19%

0% 0% 0% 0%
37% 37% 33% 30%
14% 16% 17% 18%
26% 9% 19% 18%
PROMEDIO MAX U.DATO
20% 20% 20%
20% 22% 20%
21% 27% 20%
19% 42% 2%
17% 60% -40%
21% 35% 20%
23% 46% 29%
-6% -2% -2%
24% 49% 30%
24% 49% 30%
24% 49% 30%
I=𝑐∗𝑖∗𝑡 𝑡=1
𝑖=I/c