Study of accounting performance and added economic value of Colombian SMEs that produce coffee products the colombian SME that produces coffee products

Abstract

The purpose of this research is to diagnose the financial performance of small and medium-sized companies that produce coffee products in Colombia. To this end, information from the 2015-2020 period available from the EMIS Professional database has been analyzed. The methodology of the study examines the accounting and value management indicators that measure its growth, efficiency, efficiency and effectiveness. It is found that the SME grows in sales and assets and achieves an average accounting return. The return for median investors is higher due to their greater efficiency in the use of assets. The return for small business owners is superior by being more efficacious in managing total costs and expenses. However, the SME destroys economic value added (EVA) in four years. In the six-year period, the medium-sized company that generates a negative added market value, being at a disadvantage with the small company that achieves a positive value for this period. The company in the sector is more effective than the SME and creates value every year.