ESTADO DE RESULTADO HISTORICOS

Detalle 2017 2018 2019 2020 2021 2022

Ventas 4,000,000 4,080,000 4,161,600 4,577,760 5,493,312 6,591,974
Costo de venta 2,400,000 2,448,000 2,496,960 2,829,056 3,455,936 4,011,388
Utilidad bruta 1,600,000 1,632,000 1,664,640 1,748,704 2,037,376 2,580,586
Gastos operativos 600,000 608,000 622,160 669,956 767,876 884,299
Gastos administrativos 200,000 200,000 206,000 212,180 218,545 225,102
Gastos comerciales 400,000 408,000 416,160 457,776 549,331 659,197
Resultado operativo=UAII 1,000,000 1,024,000 1,042,480 1,078,748 1,269,500 1,696,287
Intereses 43,563 41,385 68,356 64,000 59,644 55,287
Utilidad antes de impuestos 956,437 982,615 974,124 1,014,748 1,209,856 1,641,000
Impuestos 239,109 245,654 243,531 253,687 302,464 410,250
Resultado del periodo UN 717,328 736,961 730,593 761,061 907,392 1,230,750

VAR DE LOS RESULTADOS ACUM. 294,785 292,237 304,425 362,956 492,300

PAGO DE DIVIDENDO 442,176 438,356 456,636 544,436 738,450

BALANCE GENERAL HISTORICOS

Activo 2017 2018 2019 2020 2021 2022

Activo corriente 1,955,206 2,262,764 2,802,726 2,940,773 3,834,592 4,640,445
Caja 688,539 970,764 1,299,926 853,314 848,997 254,316
Cuentas por cobrar 666,667 680,000 809,200 1,144,440 1,449,624 2,380,435
Inventario 600,000 612,000 693,600 943,019 1,535,971 2,005,694
Activo no corriente 760,000 728,000 888,000 1,040,000 1,184,000 1,128,000
Activo fijo bruto 800,000 800,000 1,000,000 1,200,000 1,400,000 1,400,000
Depreciación acumulada 40,000 72,000 112,000 160,000 216,000 272,000
Total activo 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445

Pasivo
Pasivo corriente 427,227 435,227 533,038 573,114 1,302,431 1,614,438
Cuentas por pagar 400,000 408,000 478,584 518,660 1,247,977 1,559,984
Deudas bancarias de C/P 27,227 27,227 54,454 54,454 54,454 54,454
Pasivo no corriente 517,313 490,086 800,000 745,546 691,092 636,638
Deudas bancarias de L/P 517,313 490,086 800,000 745,546 691,092 636,638
Total pasivo 944,540 925,313 1,333,038 1,318,660 1,993,523 2,251,076

Patrimonio
Capital 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349
Resultado acumulado 84,317 379,102 671,339 975,764 1,338,720 1,831,020
Total patrimonio 1,770,666 2,065,451 2,357,688 2,662,113 3,025,069 3,517,369
Total pasivo y patrimonio 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445
 ESTADO DE RESULTADO

Detalle 2017 2018 2019 2020 2021 2022 2018/2017 2019/2018 2020/2019 2021/2020 2022/2021
Ventas 4,000,000 4,080,000 4,161,600 4,577,760 5,493,312 6,591,974 2% 2% 10% 20% 20%
Costo de venta 2,400,000 2,448,000 2,496,960 2,829,056 3,455,936 4,011,388 2% 2% 13% 22% 16%
Utilidad bruta 1,600,000 1,632,000 1,664,640 1,748,704 2,037,376 2,580,586 2% 2% 5% 17% 27%
Gastos operativos 600,000 608,000 622,160 669,956 767,876 884,299 1% 2% 8% 15% 15%
Gastos administrativos 200,000 200,000 206,000 212,180 218,545 225,102 0% 3% 3% 3% 3%
Gastos comerciales 400,000 408,000 416,160 457,776 549,331 659,197 2% 2% 10% 20% 20%
Resultado operativo=UAII 1,000,000 1,024,000 1,042,480 1,078,748 1,269,500 1,696,287 2% 2% 3% 18% 34%
Intereses 43,563 41,385 68,356 64,000 59,644 55,287 -5% 65% -6% -7% -7%
Utilidad antes de impuestos 956,437 982,615 974,124 1,014,748 1,209,856 1,641,000 3% -1% 4% 19% 36%
Impuestos 239,109 245,654 243,531 253,687 302,464 410,250 3% -1% 4% 19% 36%
Resultado del periodo 717,328 736,961 730,593 761,061 907,392 1,230,750 3% -1% 4% 19% 36%

BALANCE GENERAL

Activo 2017 2018 2019 2020 2021 2022 2018/2017 2019/2018 2020/2019 2021/2020 2022/2021
Activo corriente 1,955,206 2,262,764 2,802,726 2,940,773 3,834,592 4,640,445 16% 24% 5% 30% 21%
Caja 688,539 970,764 1,299,926 853,314 848,997 254,316 41% 34% -34% -1% -70%
Cuentas por cobrar 666,667 680,000 809,200 1,144,440 1,449,624 2,380,435 2% 19% 41% 27% 64%
Inventario 600,000 612,000 693,600 943,019 1,535,971 2,005,694 2% 13% 36% 63% 31%
Activo no corriente 760,000 728,000 888,000 1,040,000 1,184,000 1,128,000 -4% 22% 17% 14% -5%
Activo fijo bruto 800,000 800,000 1,000,000 1,200,000 1,400,000 1,400,000 0% 25% 20% 17% 0%
Depreciación acumulada 40,000 72,000 112,000 160,000 216,000 272,000 80% 56% 43% 35% 26%
Total activo 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445 10% 23% 8% 26% 15%

Pasivo 2018/2017 2019/2018 2020/2019 2021/2020 2022/2021

Pasivo corriente 427,227 435,227 533,038 573,114 1,302,431 1,614,438 2% 22% 8% 127% 24%
Cuentas por pagar 400,000 408,000 478,584 518,660 1,247,977 1,559,984 2% 17% 8% 141% 25%
Deudas bancarias de C/P 27,227 27,227 54,454 54,454 54,454 54,454 0% 100% 0% 0% 0%
Pasivo no corriente 517,313 490,086 800,000 745,546 691,092 636,638 -5% 63% -7% -7% -8%
Deudas bancarias de L/P 517,313 490,086 800,000 745,546 691,092 636,638 -5% 63% -7% -7% -8%
Total pasivo 944,540 925,313 1,333,038 1,318,660 1,993,523 2,251,076 -2% 44% -1% 51% 13%

Patrimonio
Capital 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 0% 0% 0% 0% 0%
Resultado acumulado 84,317 379,102 671,339 975,764 1,338,720 1,831,020 350% 77% 45% 37% 37%
Total patrimonio 1,770,666 2,065,451 2,357,688 2,662,113 3,025,069 3,517,369 17% 14% 13% 14% 16%
Total pasivo y patrimonio 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445 10% 23% 8% 26% 15%

AT= PT + PT
AC + AF = PCP+PLP+PT
 ESTADO DE RESULTADO

Detalle 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022
Ventas 4,000,000 4,080,000 4,161,600 4,577,760 5,493,312 6,591,974 100% 100% 100% 100% 100% 100%
Costo de venta 2,400,000 2,448,000 2,496,960 2,829,056 3,455,936 4,011,388 60% 60% 60% 62% 63% 61%
Utilidad bruta 1,600,000 1,632,000 1,664,640 1,748,704 2,037,376 2,580,586 40% 40% 40% 38% 37% 39%
Gastos operativos 600,000 608,000 622,160 669,956 767,876 884,299 15% 15% 15% 15% 14% 13%
Gastos administrativos 200,000 200,000 206,000 212,180 218,545 225,102 5% 5% 5% 5% 4% 3%
Gastos comerciales 400,000 408,000 416,160 457,776 549,331 659,197 10% 10% 10% 10% 10% 10%
Resultado operativo=UAII 1,000,000 1,024,000 1,042,480 1,078,748 1,269,500 1,696,287 25% 25% 25% 24% 23% 26%
Intereses 43,563 41,385 68,356 64,000 59,644 55,287 1% 1% 2% 1% 1% 1%
Utilidad antes de impuestos 956,437 982,615 974,124 1,014,748 1,209,856 1,641,000 24% 24% 23% 22% 22% 25%
Impuestos 239,109 245,654 243,531 253,687 302,464 410,250 6% 6% 6% 6% 6% 6%
Resultado del periodo 717,328 736,961 730,593 761,061 907,392 1,230,750 18% 18% 18% 17% 17% 19%

BALANCE GENERAL

Activo 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022
Activo corriente 1,955,206 2,262,764 2,802,726 2,940,773 3,834,592 4,640,445
Caja 688,539 970,764 1,299,926 853,314 848,997 254,316 25% 32% 35% 21% 17% 4%
Cuentas por cobrar 666,667 680,000 809,200 1,144,440 1,449,624 2,380,435 25% 23% 22% 29% 29% 41%
Inventario 600,000 612,000 693,600 943,019 1,535,971 2,005,694 22% 20% 19% 24% 31% 35%
Activo no corriente 760,000 728,000 888,000 1,040,000 1,184,000 1,128,000 28% 24% 24% 26% 24% 20%
Activo fijo bruto 800,000 800,000 1,000,000 1,200,000 1,400,000 1,400,000 29% 27% 27% 30% 28% 24%
Depreciación acumulada 40,000 72,000 112,000 160,000 216,000 272,000 1% 2% 3% 4% 4% 5%
Total activo 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445 100% 100% 100% 100% 100% 100%

Pasivo
Pasivo corriente 427,227 435,227 533,038 573,114 1,302,431 1,614,438 16% 15% 14% 14% 26% 28%
Cuentas por pagar 400,000 408,000 478,584 518,660 1,247,977 1,559,984 15% 14% 13% 13% 25% 27%
Deudas bancarias de C/P 27,227 27,227 54,454 54,454 54,454 54,454 1% 1% 1% 1% 1% 1%
Pasivo no corriente 517,313 490,086 800,000 745,546 691,092 636,638 19% 16% 22% 19% 14% 11%
Deudas bancarias de L/P 517,313 490,086 800,000 745,546 691,092 636,638 19% 16% 22% 19% 14% 11%
Total pasivo 944,540 925,313 1,333,038 1,318,660 1,993,523 2,251,076 35% 31% 36% 33% 40% 39%

Patrimonio
Capital 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 1,686,349 62% 56% 46% 42% 34% 29%
Resultado acumulado 84,317 379,102 671,339 975,764 1,338,720 1,831,020 3% 13% 18% 25% 27% 32%
Total patrimonio 1,770,666 2,065,451 2,357,688 2,662,113 3,025,069 3,517,369 65% 69% 64% 67% 60% 61%
Total pasivo y patrimonio 2,715,206 2,990,764 3,690,726 3,980,773 5,018,592 5,768,445 100% 100% 100% 100% 100% 100%

AT= PT + PT
AC + AF = PCP+PLP+PT
GRUPOS FORMULA 2017 2018 2019 2020 2021 2022
LC=AC/PC 4.58 5.20 5.26 5.13 2.94 2.87

Liquidez
LA=(AC-Inv)/PC 3.17 3.79 3.96 3.49 1.76 1.63
LI=Disp/PC 1.61 2.23 2.44 1.49 0.65 0.16
CTN=AC-PC 1,527,979 1,827,537 2,269,688 2,367,659 2,532,161 3,026,007
ID=PT/AT 34.79% 30.94% 36.12% 33.13% 39.72% 39.02%
Deuda

ICI=UAII/I 22.96 24.74 15.25 16.86 21.28 30.68

M. Ap.=AT/PAT 1.53 1.45 1.57 1.50 1.66 1.64
Rat=V/AT 1.47 1.36 1.13 1.15 1.09 1.14
PPC=360/(V/C*C) 60 60 70 90 95 130
Actividad

PPI=360/(CV/Inv) 90 90 100 120 160 180

PPP=360/(CV/C*P) 60 60 69 66 130 140
CCE=PPC+PPI-PPP 90 90 101 144 125 170
MB=UB/V 40.00% 40.00% 40.00% 38.20% 37.09% 39.15%
Rentabilidad

MO=UO/V 25.00% 25.10% 25.05% 23.56% 23.11% 25.73%

MN=UN/V 17.93% 18.06% 17.56% 16.63% 16.52% 18.67%
ROA=UN/AT 26.42% 24.64% 19.80% 19.12% 18.08% 21.34%
ROE=UN/Pt 40.51% 35.68% 30.99% 28.59% 30.00% 34.99%

ROE= MN * Rat * M. Ap 40.51%

ROE= UN/V * V/AT*AT/PAT 2335.20%
 ESTADO DE FLUJO DE EFECTIVO

Detalle 2018 2019 2020 2021 2022

UN + INT 778,346 798,949 825,061 967,036 1,286,037

Mas: Depreciación 32,000 40,000 48,000 56,000 56,000
∆ Cuentas por Cobrar(-) -13,333 -129,200 -335,240 -305,184 -930,811
∆ Inventario(-) -12,000 -81,600 -249,419 -592,952 -469,723
∆ Cuentas por Pagar 8,000 70,584 40,076 729,317 312,007
FEO 793,013 698,733 328,478 854,217 253,510

∆ AF BRUTO 0 -200,000 -200,000 -200,000 0

FEI 0 -200,000 -200,000 -200,000 0

∆ Deudas bancarias C/P 0 27,227 0 0 0

∆ Deudas bancarias L/P -27,227 309,914 -54,454 -54,454 -54,454
Pago de Intereses -41,385 -68,356 -64,000 -59,644 -55,287
Pago de dividento / aporte de capital -442,176 -438,356 -456,636 -544,436 -738,450
FEF -510,788 -169,571 -575,090 -658,534 -848,191

FC =FEO + FEI + FEF 282,225 329,162 -446,612 -4,317 -594,681

Mas: saldo inicial 688,539 970,764 1,299,926 853,314 848,997

saldo Final 970,764 1,299,926 853,314 848,997 254,316

SALDO CONTABLE 970,764 1,299,926 853,314 848,997 254,316

DIF 0 0 0 0 0