შპს ორგსერვისი

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	35.2%	34.9%	35.9%	37.4%	39.1%	41.2%	42.6%
EBITDA Margin	1.7%	7.8%	6.1%	6.8%	9.1%	9.5%	7.8%
EBITDAR	195	420	339	256	743	891	802
EBITDAR Margin	6.9%	12.2%	10.8%	6.8%	14.0%	13.5%	11.8%
EBIT Margin	0.6%	6.5%	4.2%	5.1%	7.8%	8.1%	6.3%
Net Profit Margin	1.5%	3.0%	-7.2%	12.2%	13.0%	8.2%	4.1%
Operating Expense % of Sales	33.5%	27.1%	29.8%	30.6%	30.0%	31.6%	34.9%
Returns
Return on Assets (ROA)	2.6%	4.1%	-9.9%	18.5%	24.5%	13.5%	6.4%
Return on Equity (ROE)	9.0%	18.2%	-104.5%	69.7%	52.6%	23.4%	11.1%
ROIC [EBIT / Invested Capital]	1.1%	11.2%	6.5%	8.8%	17.0%	15.7%	11.3%
Leverage & debt balances
Debt-to-Assets	59.9%	61.0%	78.8%	61.0%	42.4%	27.9%	32.2%
Debt-to-Equity	2.08x	2.71x	8.36x	2.30x	0.91x	0.48x	0.56x
Debt-to-EBITDA	21.22x	5.66x	9.49x	5.95x	2.47x	1.77x	2.63x
Equity-to-Assets	28.8%	22.5%	9.4%	26.5%	46.5%	57.5%	57.5%
Net Debt	981	1,432	1,783	1,504	1,112	1,092	1,326
Cash & Equivalents	20	93	25	19	79	27	70
Total Debt	1,001	1,525	1,808	1,522	1,191	1,119	1,397
Liquidity & working capital
Current Ratio	0.27x	0.25x	0.26x	0.16x	0.27x	0.18x	0.09x
Quick Ratio	-2.73x	-1.13x	-1.73x	0.16x	0.27x	0.18x	0.09x
Cash Ratio	0.06x	0.10x	0.04x	0.02x	0.08x	0.02x	0.05x
Total Current Assets	91	231	160	132	251	242	144
Total Current Liabilities	336	941	607	800	945	1,346	1,545
Inventory	1,007	1,291	1,208	N/A	N/A	N/A	N/A
Trade Receivables	62	138	118	94	85	143	47
Trade Payables	167	367	247	283	257	505	374
Net Working Capital	-245	-710	-447	-668	-694	-1,103	-1,401
Net Working Capital % of Revenue	-8.7%	-20.7%	-14.3%	-17.7%	-13.1%	-16.7%	-20.6%
Trade Working Capital	901	1,062	1,079	-189	-172	-362	-327
Trade Working Capital % of Revenue	32.0%	30.9%	34.5%	-5.0%	-3.3%	-5.5%	-4.8%
Change in Trade Working Capital	N/A	161	17	-1,268	17	-190	35
Turnover & efficiency
Inventory Turnover	1.81x	1.73x	1.66x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	201.4	210.5	219.6	N/A	N/A	N/A	N/A
Receivables Turnover	45.64x	24.97x	26.48x	40.16x	62.19x	46.13x	146.05x
Days Sales Outstanding (DSO)	8.0	14.6	13.8	9.1	5.9	7.9	2.5
Payables Turnover	10.90x	6.10x	8.12x	8.36x	12.52x	7.69x	10.45x
Days Payable Outstanding (DPO)	33.5	59.8	45.0	43.7	29.2	47.4	34.9
Cash Conversion Cycle	175.9 days	165.3 days	188.4 days	-34.6 days	-23.3 days	-39.5 days	-32.4 days
Asset Turnover	1.68x	1.38x	1.36x	1.51x	1.89x	1.65x	1.57x
Cash flow & dividends
Operating Cash Flow	44	148	240	236	372	409	252
Free Cash Flow (OCF − Capex proxy)	44	-218	208	216	331	339	207
Cash Conversion (OCF / EBITDA)	93.2%	54.9%	125.9%	92.2%	77.2%	64.8%	47.6%
Dividends Declared	37	21	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	84.8%	20.6%	N/A	N/A	N/A	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.

Ownership & group structure

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.

companyinfo.ge · fetched 2026-07-15

Shareholders

ხვიჩა ნემსაძე100.0%

ხვიჩა ნემსაძეPartner / Shareholder100.0%

Directors & board

ხვიჩა ნემსაძეDirector

Ownership & directors from companyinfo.ge (public corporate registry).