ESTADO DE RESULTADOS 2015 2016 2017 2018

UNIDADES VENDIDAS A 13,136 12,979 13,240 13,452

UNIDADES VENDIDAS B 15,080 15,765 15,781 15,796
TOTAL 28,216 28,744 29,021 29,248

INGRESOS A 7,812,289 45.89% 9,383,102 50.87% 10,266,636 49.25% 12,077,270 50.29%

INGRESOS B 9,557,494 56.15% 9,456,847 51.27% 11,022,441 52.87% 12,430,071 51.75%
DESCUENTOS - 347,396 -2.04% - 393,058 -2.13% - 441,782 -2.12% - 490,147 -2.04%
TOTAL INGRESOS NETOS 17,022,387 100.00% 18,446,891 100.00% 20,847,295 100.00% 24,017,194 100.00%
crecimiento

TOTAL COSTO DIRECTO 5,191,598 30.50% 5,201,768 28.20% 5,095,170 24.44% 5,632,913 23.45%

CONTRIBUCION BRUTA 11,830,789 69.50% 13,245,123 71.80% 15,752,125 75.56% 18,384,281 76.55%

GASTOS DE ADMINISTRACION 6,099,166 35.83% 6,588,271 35.71% 7,089,803 34.01% 7,583,297 31.57%

EBITDA 5,731,623 33.67% 6,656,852 36.09% 8,662,322 41.55% 10,800,984 44.97%

DEPRECIACION Y AMORTIZACION 1,600,601 9.40% 1,650,116 8.95% 1,700,619 8.16% 1,752,134 7.30%
COSTO INTEGRAL DE FINANCIAMIENTO -
UTILIDAD ANTES DE IMPUESTOS 4,131,022 24.27% 5,006,736 27.14% 6,961,703 33.39% 9,048,850 37.68%

ISR/PTU 1,239,307 7.28% 1,502,021 8.14% 2,088,511 10.02% 2,714,655 11.30%

UTILIDAD NETA 2,891,715 16.99% 3,504,715 19.00% 4,873,192 23.38% 6,334,195 26.37%

BALANCE GENERAL 2015 2016 2017 2018

CAJA Y BANCOS 4,127,626 8,245,121 12,602,536 18,105,432

CLIENTES 1,418,000 1,601,480 1,942,300 2,299,016
INVENTARIOS 466,367 505,394 571,159 658,005
ACTIVOS CIRCULANTES 6,011,993 10,351,995 15,115,995 21,062,453

ACTIVOS FIJOS NETOS 1,887,281 1,057,466 1,206,905 1,664,920

ACTIVOS DIFERIDOS NETOS 911,498 981,498 1,041,498 1,091,498

TOTAL ACTIVOS 8,810,772 12,390,959 17,364,398 23,818,871

PROVEEDORES 309,336 323,015 333,835 362,088

OTROS PASIVOS CIRCULANTES 603,162 664,955 754,382 846,407
PASIVO A CORTO PLAZO 912,498 987,970 1,088,217 1,208,495

CREDITOS BANCARIOS - - - -
PASIVOS LARGO PLAZO - - - -
TOTAL PASIVOS 912,498 987,970 1,088,217 1,208,495

CAPITAL SOCIAL 3,517,058 3,517,058 3,517,058 3,517,058

UTILIDADES RETENIDAS 1,489,500 4,381,216 7,885,931 12,759,123
UTILIDAD NETA 2,891,716 3,504,716 4,873,192 6,334,195
CAPITAL CONTABLE 7,898,274 11,402,990 16,276,181 22,610,376

PASIVOS+CAPITAL 8,810,772 12,390,960 17,364,398 23,818,871

2015 2016 2017 2018

CAPITAL DE TRABAJO 5,099,495 9,364,025 14,027,778 19,853,958
LIQUIDEZ O SOLVENCIA 6.59 10.48 13.89 17.43
PRUEBA ACIDO 6.08 9.97 13.37 16.88
ROTACION DE INVENTARIOS 11.13 10.29 8.92 8.56
ROTA CxP 5.69 5.27 4.68 4.66
DIAS CxP 63.28 68.37 76.89 77.24
ROTACION CxC 12.00 11.52 10.73 10.45
DIAS CxC 29.99 31.25 33.54 34.46
PASIVO TOTAL 10.36% 7.97% 6.27% 5.07%
APALANCAMIENTO 0.10 0.08 0.06 0.05
ENDEUDAMIENTO 1.12 1.09 1.07 1.05
RENTABILIDAD DE ACTIVO FIJO 1.53 3.31 4.04 3.80
RENTABILIDAD DE CAPITAL - RENTABILIDAD 0.37 0.31 0.30 0.28