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Colgas S.A. E.S.P (Colombia)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers
Full name: Colgas S.A. E.S.P Profile Updated: April 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Nortesantandereana de Gas S.A. E.S.P., located in Bogota D.C., is a multilatina company with over 50 years of experience in Colombia. The company has shown significant growth, innovation, and development throughout the years. The company's history began in 1960 when José Urbina Amorocho founded Norgas. In 2011, Abastible, the largest LP Gas distributor in Chile, acquired 51% of the company's shares, leading to the creation of the Inversiones del Nordeste (INSA) group. INSA operates in Colombia through its regional brands: Colgas, Norgas, Gasan, and Gases de Antioquia. In 2019, all the companies were merged under NORGAS S.A. E.S.P, while maintaining the regional brands. The merger also included COTRANSCOL, the company responsible for propane gas transportation, and CINSA, the metal-mechanical company in charge of cylinder manufacturing. In 2022, the company adopted the corporate brand "Colgas, solutions for life," unifying its portfolio and committing to the energy transition towards a more sustainable future. The company focuses its efforts on offering comprehensive solutions in four strategic business units.

Headquarters
Diagonal 92 # 17 A - 42 Edificio Brickell Center Piso 4
Bogota D.C.; Bogota D.C; Postal Code: 0814

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Website: https://norgas.com.co

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
August 12, 1968
Key Executives
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Legal Representative
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Legal Representative
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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Subsidiaries
Comercial Industrial Nacional S.A.S.
Compania Transportadora de Colombia S.A.S.
Gas Natural Del Oriente S.A. E.S.P.
Company Performance
Financial values in the chart are available after Colgas S.A. E.S.P report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency COP. Absolute financial data is included in the purchased report.
Net sales revenue
-2.51%
Total operating revenue
-2.51%
Operating profit (EBIT)
67%
Net Profit (Loss) for the Period
-1.21%
Total assets
2.63%
Total equity
5.82%
Operating Profit Margin (ROS)
5.16%
Net Profit Margin
0.1%
Return on Equity (ROE)
-1.22%
Quick Ratio
-0.35%

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