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Mrec Intermediaria de Reaseguros S.A. (Ecuador)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Mrec Intermediaria de Reaseguros 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

Mrec Intermediaria de Reaseguros S.A. is based in Ecuador. The head office is in Samborondon. The company operates in the Agencies, Brokerages, and Other Insurance Related Activities industry. The enterprise was incorporated on October 24, 1991. 33 (2021) employees currently work for Mrec Intermediaria de Reaseguros S.A.. The latest financial highlights indicate a net sales revenue increase of 42.04% in 2022. Over the same period, its total assets grew by 21.85%. In 2022, Mrec Intermediaria de Reaseguros S.A.’s net profit margin decreased by 1.09%.

Headquarters
Av. Samborondon K. 1.5 Edificio Xima Of, Xima Bldg.
Samborondon; Guayas;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 24, 1991
Key Executives
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Executive President
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Vice President
Ownership Details
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76.77%
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23.23%
Company Performance
Financial values in the chart are available after Mrec Intermediaria de Reaseguros 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
42.04%
Total operating revenue
42.01%
Operating profit (EBIT)
169.79%
EBITDA
131.56%
Net Profit (Loss) for the Period
18.53%
Total assets
21.85%
Total equity
39.28%
Operating Profit Margin (ROS)
14.16%
Net Profit Margin
-1.09%
Return on Equity (ROE)
-4.44%
Debt to Equity Ratio
-36.1%
Quick Ratio
0.15%
Cash Ratio
0.05%

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