Ratio	2018	2019	2020
Margins
Gross Margin	78.9%	100.0%	N/A
EBITDA Margin	78.7%	-173.3%	N/A
EBITDAR	6,587	-5,588	-0
EBITDAR Margin	78.7%	-173.3%	N/A
EBIT Margin	78.7%	-173.3%	N/A
Net Profit Margin	79.2%	-170.4%	N/A
Operating Expense % of Sales	0.1%	273.3%	N/A
Returns
Return on Assets (ROA)	62.0%	-167.4%	9.9%
Return on Equity (ROE)	100.0%	-485.3%	25.6%
ROIC [EBIT / Invested Capital]	106.1%	N/A	-0.0%
Leverage & liquidity
Debt-to-Assets	0.0%	0.0%	0.0%
Debt-to-Equity	0.00x	0.00x	0.00x
Debt-to-EBITDA	0.00x	N/A	N/A
Equity-to-Assets	62.0%	34.5%	38.6%
Net Debt	-417	-2,100	-17
Cash & Equivalents	417	2,100	17
Total Debt	N/A	N/A	N/A
Efficiency & working capital
Inventory Turnover	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	N/A	N/A
Receivables Turnover	1.52x	3.69x	N/A
Days Sales Outstanding (DSO)	239.9	98.9	N/A
Payables Turnover	0.46x	N/A	N/A
Days Payable Outstanding (DPO)	792.7	N/A	N/A
Cash Conversion Cycle	-552.8 days	98.9 days	N/A
Asset Turnover	0.78x	0.98x	0.00x
Cash flow & dividends
Operating Cash Flow	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A	N/A
Dividends Declared	N/A	N/A	N/A
Dividend Payout Ratio	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

საბინა ჰორდიენკო100.0%

საბინა ჰორდიენკოPartner / Shareholder100.0%

Directors & board

საბინა ჰორდიენკოDirector

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