ANLISIS de SENSIBILIDAD FINANCIERA

Anlisis de escenarios y riesgos desde la perspectiva econmico - financiera. PE200v3

Denominacin : Mi Empresa Ejercicio : 2017

Notas

informacin
2017
Libro para Excel basado en diseos originales proporcionados por L. Davis, J. Delgado y A. Duny
 Concepto BASE 1 2 3 4 5 6 7 8 9 10
Total VENTAS 10,000,000 11,550,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000
Coste de las ventas 506,822 527,163 506,822 506,822 506,822 506,822 506,822 506,822 506,822 506,822 506,822

MARGEN BRUTO 9,493,178 11,022,837 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178
Gastos de marketing 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000
Gastos de ventas 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000 60,000
Gastos generales 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000

E.B.I.T.D.A. 9,311,178 10,840,837 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178
Amortizaciones 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
Resultado extraordinario 0 0 0 0 0 0 0 0 0 0 0
Resultado financiero 0 0 0 0 0 0 0 0 0 0 0

RESULTADO (B.A.I.) 9,310,178 10,839,837 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178
% Margen bruto 94.9% 95.4% 94.9% 94.9% 94.9% 94.9% 94.9% 94.9% 94.9% 94.9% 94.9%
% E.B.I.T.D.A. 93.1% 93.9% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1%
% RESULTADO s/ventas 93.1% 93.9% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1% 93.1%
Punto Equilibrio 357,501 366,610 357,501 357,501 357,501 357,501 357,501 357,501 357,501 357,501 357,501
% Variacin Ventas 15.50% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Variacin Gastos 2.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Variacin Margen Bruto 16.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Variacin RESULTADO 16.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Variacin Punto Equilibrio 2.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Precio de venta 10.0%

% variacin VENTAS
Unidades vendidas 5.0%
Costes unitarios
% var. Coste Ventas
Resto costes
Cost. Marketing
% var. C. Operativos Gastos Ventas
Gst. Generales
Ingresos Extr.
% var. Extraordinarios
Gastos Extraor.
Ingresos finan.
% var. Financieros
Gs. financieros
% de gastos fijos 50.0%
Mi Empresa Anlisis de sensibilidad ECONMIC
Concepto BASE 1 2 3 4

Ventas 10,000,000 11,550,000 10,000,000 10,000,000 10,000,000

Coste de las ventas 506,822 527,163 506,822 506,822 506,822
MARGEN BRUTO 9,493,178 11,022,837 9,493,178 9,493,178 9,493,178
Gastos de marketing 120,000 120,000 120,000 120,000 120,000
Gastos de ventas 60,000 60,000 60,000 60,000 60,000
Gastos generales 2,000 2,000 2,000 2,000 2,000
E.B.I.T.D.A. 9,311,178 10,840,837 9,311,178 9,311,178 9,311,178
Amortizaciones 1,000 1,000 1,000 1,000 1,000
Resultado Extraordinario 0 0 0 0 0
Resultado Financiero 0 0 0 0 0
RESULTADO 9,310,178 10,839,837 9,310,178 9,310,178 9,310,178
Cash flow 10,840,837 9,311,178 9,311,178 9,311,178

Gastos Fijos 345,161 355,332 345,161 345,161 345,161

% G. fijos 50.0% 50.0% 50.0% 50.0% 50.0%
Gastos Variables 345,161 355,332 345,161 345,161 345,161
% G. variables 50.0% 50.0% 50.0% 50.0% 50.0%
Total gastos 690,322 710,663 690,322 690,322 690,322

Margen Bruto 94.9% 95.4% 94.9% 94.9% 94.9%

E.B.I.T.D.A. 93.1% 93.9% 93.1% 93.1% 93.1%
Rentabilidad Venta 93.1% 93.9% 93.1% 93.1% 93.1%
Contribucin Marginal 9,654,839 11,194,668 9,654,839 9,654,839 9,654,839
Ratio Cm 0.97 0.97 0.97 0.97 0.97
 Punto crtico (PC) 357,501 366,610 357,501 357,501 357,501
Das para PC 13.0 11.6 13.0 13.0 13.0

% Variacin Ventas 15.50% 0.00% 0.00% 0.00%

% Variacin Gastos 2.95% 0.00% 0.00% 0.00%

% Variacin Margen Bruto 16.11% 0.00% 0.00% 0.00%

% Variacin RESULTADO 16.43% 0.00% 0.00% 0.00%
% Variacin Punto Equilibrio 2.55% 0.00% 0.00% 0.00%
96.0%
Mrgenes
95.5%

95.0%

94.5%

94.0%

93.5%

93.0%

92.5%

92.0%

91.5%
1 2 3 4 5 6

Variaciones
18.00%

16.00%

14.00%

12.00%

10.00%

8.00%
 Variaciones
18.00%

16.00%

14.00%

12.00%

10.00%

8.00%

6.00%

4.00%

2.00%

0.00%
1 2 3 4 5 6
lisis de sensibilidad ECONMICA Ejercicio 2017

5 6 7 8 9 10

10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000

506,822 506,822 506,822 506,822 506,822 506,822
9,493,178 9,493,178 9,493,178 9,493,178 9,493,178 9,493,178
120,000 120,000 120,000 120,000 120,000 120,000
60,000 60,000 60,000 60,000 60,000 60,000
2,000 2,000 2,000 2,000 2,000 2,000
9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178
1,000 1,000 1,000 1,000 1,000 1,000
0 0 0 0 0 0
0 0 0 0 0 0
9,310,178 9,310,178 9,310,178 9,310,178 9,310,178 9,310,178
9,311,178 9,311,178 9,311,178 9,311,178 9,311,178 9,311,178

345,161 345,161 345,161 345,161 345,161 345,161

50.0% 50.0% 50.0% 50.0% 50.0% 50.0%
345,161 345,161 345,161 345,161 345,161 345,161
50.0% 50.0% 50.0% 50.0% 50.0% 50.0%
690,322 690,322 690,322 690,322 690,322 690,322

94.9% 94.9% 94.9% 94.9% 94.9% 94.9%

93.1% 93.1% 93.1% 93.1% 93.1% 93.1%
93.1% 93.1% 93.1% 93.1% 93.1% 93.1%
9,654,839 9,654,839 9,654,839 9,654,839 9,654,839 9,654,839
0.97 0.97 0.97 0.97 0.97 0.97
357,501 357,501 357,501 357,501 357,501 357,501
13.0 13.0 13.0 13.0 13.0 13.0

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Mrgenes m.bruto ebitda resultado

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Variaciones ventas gastos resultado

Variaciones ventas gastos resultado

5 6 7 8 9 10
 Concepto BASE 1 2 3 4 5 6 7 8 9 10
ACTIVO (Total) 0 0 0 0 0 0 0 0 0 0 0
PATRIMONIO NETO 0 0 0 0 0 0 0 0 0 0 0
PASIVO (Total) 0 0 0 0 0 0 0 0 0 0 0
Ingresos ordinarios 0 0 0 0 0 0 0 0 0 0 0
Coste de las ventas 0 0 0 0 0 0 0 0 0 0 0
Margen bruto (sc) 0 0 0 0 0 0 0 0 0 0 0
Gastos operativos 0 0 0 0 0 0 0 0 0 0 0
Resultado operativo 0 0 0 0 0 0 0 0 0 0 0
Resultado extraordinario 0 0 0 0 0 0 0 0 0 0 0
Resultado explotacin 0 0 0 0 0 0 0 0 0 0 0
Resultado financiero 0 0 0 0 0 0 0 0 0 0 0
Resultado antes impuestos 0 0 0 0 0 0 0 0 0 0 0
RESULTADO NETO 0 0 0 0 0 0 0 0 0 0 0
Var. INGRESOS ordinarios 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Var. RESULTADO explotacin 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Var. BENEFICIO neto 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Margen Bruto 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
% Margen sobre ventas 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R.O.A. Rentabilidad ECON. 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R.O.E. Rentabilidad FIN 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Apalancamiento FIN 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Variaciones
Precios de venta
Ventas en unidades
Coste consumo
Gastos de personal
Otros gastos operativos
Resultado extraordinario
Resultado financiero
Ajustes
Coste financiero 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Activo total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Patrimonio neto 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pasivo total 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Mi Empresa Anlisis de sensibilidad FINANCIER
Concepto 2017 1 2 3 4

ACTIVO (Total) 0 0 0 0 0
PATRIMONIO NETO 0 0 0 0 0
PASIVO (Total) 0 0 0 0 0

Ventas Netas 0 0 0 0 0
Otros ingresos explotacin 0 0 0 0 0
Ingresos ordinarios 0 0 0 0 0

Consumo 0 0 0 0 0
Costes de venta 0 0 0 0 0
Personal produccin/serv. 0 0 0 0 0
Coste de las ventas 0 0 0 0 0
Margen bruto (sc) 0 0 0 0 0

Personal 0 0 0 0 0
Marketing y ventas 0 0 0 0 0
Generales y adm 0 0 0 0 0
Gastos operativos 0 0 0 0 0
Resultado operativo 0 0 0 0 0

Resultado extraordinario 0 0 0 0 0
Resultado explotacin 0 0 0 0 0
 Resultado financiero 0 0 0 0 0
Resultado antes impuestos 0 0 0 0 0

impuestos 0 0 0 0 0
RESULTADO NETO 0 0 0 0 0

Var. INGRESOS ordinarios 0.00% 0.00% 0.00% 0.00%

Var. RESULTADO explotacin 0.00% 0.00% 0.00% 0.00%
Var. BENEFICIO neto 0.00% 0.00% 0.00% 0.00%

% Margen Bruto 0.00% 0.00% 0.00% 0.00% 0.00%

% Margen sobre ventas 0.00% 0.00% 0.00% 0.00% 0.00%

R.O.A. Rentabilidad ECON. 0.00% 0.00% 0.00% 0.00% 0.00%

R.O.E. Rentabilidad FIN 0.00% 0.00% 0.00% 0.00% 0.00%
Apalancamiento FIN 0.00 0.00 0.00 0.00 0.00
 Mrgenes y rentabilidad
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
1 2 3 4 5 6

Variaciones
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
 Variaciones
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
1 2 3 4 5 6
lisis de sensibilidad FINANCIERA Ejercicio 2017

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0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
0 0 0 0 0 0
 0 0 0 0 0 0
0 0 0 0 0 0

0 0 0 0 0 0
0 0 0 0 0 0

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00 0.00 0.00 0.00 0.00 0.00
rgenes y rentabilidad m.bruto m/vtas R.O.A. R.O.E.

5 6 7 8 9 10

ingresos Result. Explotacin Beneficio Neto

Variaciones
 ingresos Result. Explotacin Beneficio Neto
Variaciones

5 6 7 8 9 10
 Concepto BASE 1 2 3 4 5 6 7 8 9 10
TOTAL ACTIVO (TA) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
FONDOS PROPIOS (FP) 0 0 0 0 0 0 0 0 0 0
ENDEUDAMIENTO 0 0 0 0 0 0 0 0 0 0
C.N. - Ventas 0 0 0 0 0 0 0 0 0 0
Otros ingresos explotacin 0 0 0 0 0 0 0 0 0 0
Consumo 0 0 0 0 0 0 0 0 0 0
M.B. - Margen Bruto 0 0 0 0 0 0 0 0 0 0 0
Gastos explotacin 0 0 0 0 0 0 0 0 0 0
Resultado Explotacin 0 0 0 0 0 0 0 0 0 0 0
Extraordinarios Netos 0 0 0 0 0 0 0 0 0 0
B.A.I.I. - Res. operativo 0 0 0 0 0 0 0 0 0 0 0
Financieros Netos 0 0 0 0 0 0 0 0 0 0
B.A.I. - Beneficio bruto 0 0 0 0 0 0 0 0 0 0 0
Impuestos 0 0 0 0 0 0 0 0 0 0
Resultado Neto (B.D.I.) 0 0 0 0 0 0 0 0 0 0 0

R.O.A. - Rentab. Econmica 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Riesgo Operativo 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R.O.E. - Rentab. Financiera 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Apalancamiento Financiero 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Riesgo Financiero 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Variacin ventas (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Variacin Res. Explot. (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Variacin BAI (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Sensibilidad
VENTAS
CONSUMO
GASTOS EXPLOTACIN
FINANCIEROS NETOS 100.00%
Ajustes
Total Activo (TA) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Fondos Propios (FP) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Endeudamiento 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Coste financiero 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
 Mi Empresa Anlisis de sensibilidad FINANCIER
Concepto BASE 1 2 3 4
TOTAL ACTIVO (TA) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
FONDOS PROPIOS (FP) 0 0 0 0 0
ENDEUDAMIENTO 0 0 0 0 0
C.N. - Ventas 0 0 0 0 0
Otros ingresos explotacin 0 0 0 0 0
Consumo 0 0 0 0 0
M.B. - Margen Bruto 0 0 0 0 0
Gastos explotacin 0 0 0 0 0
Resultado Explotacin 0 0 0 0 0
Extraordinarios Netos 0 0 0 0 0
B.A.I.I. - Res. operativo 0 0 0 0 0
Financieros Netos 0 0 0 0 0
B.A.I. - Beneficio bruto 0 0 0 0 0
Impuestos 0 0 0 0 0
Resultado Neto (B.D.I.) 0 0 0 0 0

R.O.A. - Rentab. Econmica 0.00% 0.00% 0.00% 0.00% 0.00%

Riesgo Operativo 0 0.00 0.00 0.00 0.00
R.O.E. - Rentab. Financiera 0.00% 0.00% 0.00% 0.00% 0.00%
Apalancamiento Financiero 0.00 0.00 0.00 0.00 0.00
Riesgo Financiero 0 0.00 0.00 0.00 0.00
 Variacin ventas (%) 0.00% 0.00% 0.00% 0.00%
Variacin Res. Explot. (%) 0.00% 0.00% 0.00% 0.00%
Variacin BAI (%) 0.00% 0.00% 0.00% 0.00%

Rentabilidades
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
1 2 3 4 5 6
lisis de sensibilidad FINANCIERA Ejercicio 2017

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1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0

0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

0.00 0.00 0.00 0.00 0.00 0.00
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Rentabilidades R.O.A. R.O.E.

5 6 7 8 9 10