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Assa - Automotores de la Sierra S.A. (Ecuador)

Main Activities: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers
Full name: Assa - Automotores de la Sierra S.A. Profile Updated: April 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Assa - Automotores de la Sierra S.A. is a company located in Ambato, Ecuador. It was incorporated in June 1960 by Rodrigo Vela Barona and Temístocles Sevilla Sánchez, along with the company Cabeza de Vaca Hnos. Cía. The company was formed with a capital of two hundred thousand sucres (equivalent to around eleven thousand dollars at that time). The company initially established its operations in the commercial premises of Temístocles Sevilla, located on Bolívar and Martínez streets. Shortly after its inauguration, Assa opened a service workshop at the corner of Guayaquil and Sucre streets. In 1967, two significant events took place: the company's social capital was doubled, and a 3,478 m2 plot of land was acquired on Francisco Flor and Miraflores streets. A new service workshop, spare parts room, and administration office were built on this land. In 1982, the construction of the company's building and facilities on Av. Atahualpa was contracted, which currently serves as the headquarters. Assa offers a range of comprehensive benefits, from initial car selection advice to after-sales services and workshops. With over 50 years of experience in the central region of the country, Assa is known as the best advisor to accelerate customers' future. The company provides protection and security to its customers, ensuring a comfortable experience and relying on the expertise of its staff. Assa aims to support customers in achieving their goals and dreams by providing reliable and quality services. The company encourages customers to make the best decisions and believes in their potential to shape their own future.

Headquarters
Av. Atahualpa Km. 2, N.A. Bldg.
Ambato; Tungurahua;

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Website: http://www.assa.com.ec

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 29, 1960
Key Executives
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President
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Executive President
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Vice President
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General Manager
Ownership Details
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61.69%
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14.63%
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4.5%
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3.22%
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2.97%
Subsidiaries
Software de la Sierra Softsierra S.A.
51%
Transvefatec S.A.
24.5%
Datasierra S.A.
20%
Company Performance
Financial values in the chart are available after Assa - Automotores de la Sierra S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
14.58%
Total operating revenue
14.58%
Operating profit (EBIT)
4.43%
Net Profit (Loss) for the Period
-26.28%
Total assets
17.41%
Total equity
-2.34%
Operating Profit Margin (ROS)
-1.22%
Net Profit Margin
-0.45%
Return on Equity (ROE)
-0.52%
Quick Ratio
-0.1%

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