Facultad de Económicas y CC Empresariales

The results of companies and their survival will depend on its ability to adapt to changes that presents the current environment, this fact leads to the necessary risk assessment as an inseparable element of business activity. In order to measure these risks and in particular the financial nature, are worked based on a sample of SMEs registered with the Superintendence of Companies Colombia, excluding those that are in the process of liquidation, the methodology consists of the calculation of financial indicators in order to understand the situation for each company and sector. Results showed that in the series of 2012 79% of the surveyed companies had financial risk based on the proposed model and the results were very similar to the results obtained with the series of 2011 where the total of 387 companies analyzed 80 % financial risk presented.