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Operates in Real Estate — Residential Development. Per the activity note to the FY2022 annual report, the company constructs and sells multi-unit residential apartments. 51% owned by Irakli Bagdavadze (director); 49% owned by Tevisan Bagdavadze.
| Line item | 2019 | 2020 | 2021 | 2022 | CAGR |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | +0.0% | |
| 1,865 | 1,917 | 1,326 | 1,170 | -14.4% | |
| TOTAL ASSETS | 1,865 | 1,917 | 1,326 | 1,170 | -14.4% |
| 59 | 103 | 124 | 37 | -14.9% | |
| 90 | 17 | 2 | 60 | -12.6% | |
| TOTAL LIABILITIES | 149 | 120 | 125 | 97 | -13.5% |
| 1,717 | 1,796 | 1,201 | 1,074 | -14.5% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | 0 | |
| Debt analysis | |||||
| Total Debt | 57 | 57 | 16 | 0 | -47.2% |
| Cash & Equivalents | 344 | 228 | 455 | 443 | +8.8% |
| Net Debt | 287 | 171 | 439 | 443 | +15.6% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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