შპს ნიკე 2009

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	15.7%	20.2%	14.5%	14.1%	13.5%	16.2%	16.2%
EBITDA Margin	3.4%	9.2%	4.6%	3.1%	0.9%	2.6%	2.6%
EBITDAR	463	955	440	401	167	301	313
EBITDAR Margin	5.8%	11.5%	5.9%	4.5%	2.0%	3.6%	3.7%
EBIT Margin	2.3%	8.6%	4.0%	2.4%	0.1%	1.5%	1.1%
Net Profit Margin	2.4%	5.3%	3.9%	2.9%	0.8%	-0.2%	2.0%
Operating Expense % of Sales	12.4%	11.0%	9.8%	11.0%	12.6%	13.7%	13.5%
Returns
Return on Assets (ROA)	4.7%	12.6%	7.8%	6.2%	1.4%	-0.3%	3.0%
Return on Equity (ROE)	27.0%	62.2%	29.1%	20.7%	5.1%	-1.3%	11.4%
ROIC [EBIT / Invested Capital]	7.9%	28.4%	11.1%	7.0%	0.4%	3.8%	2.3%
Leverage & debt balances
Debt-to-Assets	54.4%	55.8%	56.4%	45.8%	46.3%	43.9%	47.2%
Debt-to-Equity	3.10x	2.75x	2.12x	1.52x	1.72x	1.63x	1.78x
Debt-to-EBITDA	8.07x	2.54x	6.07x	6.95x	29.88x	10.05x	11.77x
Equity-to-Assets	17.6%	20.3%	26.6%	30.1%	26.9%	26.9%	26.5%
Net Debt	1,634	1,799	1,726	1,796	2,081	1,966	2,589
Cash & Equivalents	537	137	377	112	189	160	32
Total Debt	2,172	1,936	2,103	1,908	2,270	2,126	2,621
Liquidity & working capital
Current Ratio	1.23x	2.04x	1.07x	1.71x	0.58x	3.97x	2.12x
Quick Ratio	1.23x	1.07x	0.17x	1.71x	0.58x	3.97x	2.12x
Cash Ratio	0.25x	0.07x	0.18x	0.06x	0.08x	0.08x	0.01x
Total Current Assets	2,663	3,941	2,242	3,270	1,318	8,444	5,554
Total Current Liabilities	2,172	1,936	2,103	1,908	2,270	2,126	2,621
Inventory	N/A	1,877	1,883	N/A	N/A	N/A	N/A
Trade Receivables	683	1,101	1,097	1,039	1,242	1,250	1,310
Trade Payables	865	559	295	556	787	775	713
Net Working Capital	491	2,005	139	1,361	-952	6,318	2,933
Net Working Capital % of Revenue	6.2%	24.3%	1.9%	15.3%	-11.2%	76.3%	34.6%
Trade Working Capital	-182	2,419	2,684	483	455	475	597
Trade Working Capital % of Revenue	-2.3%	29.3%	35.9%	5.4%	5.4%	5.7%	7.0%
Change in Trade Working Capital	N/A	2,601	265	-2,201	-28	20	122
Turnover & efficiency
Inventory Turnover	N/A	3.51x	3.39x	N/A	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	103.9	107.6	N/A	N/A	N/A	N/A
Receivables Turnover	11.62x	7.51x	6.81x	8.57x	6.84x	6.63x	6.48x
Days Sales Outstanding (DSO)	31.4	48.6	53.6	42.6	53.4	55.1	56.3
Payables Turnover	7.73x	11.79x	21.64x	13.76x	9.33x	8.95x	9.98x
Days Payable Outstanding (DPO)	47.2	30.9	16.9	26.5	39.1	40.8	36.6
Cash Conversion Cycle	-15.8 days	121.6 days	144.3 days	16.1 days	14.3 days	14.3 days	19.8 days
Asset Turnover	1.99x	2.38x	2.00x	2.14x	1.73x	1.71x	1.53x
Cash flow & dividends
Operating Cash Flow	357	34	384	217	569	541	531
Free Cash Flow (OCF − Capex proxy)	357	34	384	217	569	541	531
Cash Conversion (OCF / EBITDA)	132.7%	4.5%	111.0%	79.0%	748.9%	255.9%	238.5%
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	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

გიორგი ღონღაძე100.0%

გიორგი ღონღაძეPartner / Shareholder100.0%

Directors & board

გიორგი ღონღაძეDirector

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