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Operates in Real Estate — Residential Development. Per the activity note to the FY2024 annual report, the company constructs residential properties for subsequent sale. Located in Bakuriani.
| Line item | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|
| 420 | 392 | 1,038 | +57.1% | |
| 3,319 | 3,380 | 2,016 | -22.1% | |
| TOTAL ASSETS | 3,740 | 3,772 | 3,054 | -9.6% |
| 1,910 | 971 | 1,088 | -24.5% | |
| Total Non-Current Liabilities | 1,327 | 2,016 | 860 | -19.5% |
| TOTAL LIABILITIES | 3,237 | 2,988 | 1,948 | -22.4% |
| 502 | 784 | 1,105 | +48.3% | |
| Balance Check (Assets - L&E) | 0 | 0 | 0 | |
| Debt analysis | ||||
| Total Debt | 2,030 | 2,484 | 1,184 | -23.6% |
| Cash & Equivalents | 4 | 0 | 3 | -18.2% |
| Net Debt | 2,026 | 2,484 | 1,181 | -23.6% |
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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