შპს NBN

Ratio	2018	2019	2020	2021	2022	2023	2024
Margins
Gross Margin	30.2%	28.1%	26.5%	29.1%	26.7%	26.8%	29.4%
EBITDA Margin	22.9%	21.4%	18.3%	22.4%	18.5%	19.8%	20.4%
EBITDAR	1,049	1,214	910	1,350	1,356	1,685	1,425
EBITDAR Margin	24.9%	22.6%	19.7%	23.9%	19.9%	20.9%	21.8%
EBIT Margin	22.7%	20.8%	17.3%	21.6%	18.0%	19.3%	20.0%
Net Profit Margin	22.2%	19.2%	16.8%	23.0%	20.0%	19.5%	19.0%
Operating Expense % of Sales	7.3%	6.7%	8.2%	6.7%	8.1%	7.0%	9.0%
Returns
Return on Assets (ROA)	23.7%	22.6%	15.8%	21.9%	21.9%	21.9%	13.9%
Return on Equity (ROE)	32.5%	27.9%	18.2%	26.7%	24.2%	23.5%	16.2%
ROIC [EBIT / Invested Capital]	27.9%	26.0%	17.8%	23.4%	21.2%	24.0%	15.9%
Leverage & debt balances
Debt-to-Assets	23.2%	18.0%	11.5%	15.0%	9.1%	4.5%	12.2%
Debt-to-Equity	0.32x	0.22x	0.13x	0.18x	0.10x	0.05x	0.14x
Debt-to-EBITDA	0.95x	0.71x	0.67x	0.70x	0.45x	0.20x	0.82x
Equity-to-Assets	72.9%	81.0%	87.1%	82.0%	90.6%	93.4%	85.6%
Net Debt	553	592	234	346	148	-192	534
Cash & Equivalents	362	228	329	543	419	515	554
Total Debt	915	820	563	889	567	323	1,088
Liquidity & working capital
Current Ratio	N/A	N/A	N/A	29.23x	326.72x	42.82x	36.53x
Quick Ratio	N/A	N/A	N/A	7.09x	326.72x	42.82x	36.53x
Cash Ratio	N/A	N/A	N/A	3.02x	24.64x	3.38x	2.73x
Total Current Assets	3,233	3,801	4,161	5,251	5,555	6,515	7,416
Total Current Liabilities	N/A	N/A	N/A	180	17	152	203
Inventory	N/A	2,658	3,087	3,978	N/A	N/A	N/A
Trade Receivables	529	616	746	619	621	1,193	914
Trade Payables	52	24	21	102	12	91	137
Net Working Capital	3,233	3,801	4,161	5,071	5,538	6,363	7,213
Net Working Capital % of Revenue	76.6%	70.7%	89.9%	89.7%	81.1%	78.8%	110.5%
Trade Working Capital	476	3,250	3,811	4,496	610	1,101	777
Trade Working Capital % of Revenue	11.3%	60.5%	82.4%	79.5%	8.9%	13.6%	11.9%
Change in Trade Working Capital	N/A	2,774	561	684	-3,886	492	-324
Turnover & efficiency
Inventory Turnover	N/A	1.45x	1.10x	1.01x	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	251.1	331.3	362.0	N/A	N/A	N/A
Receivables Turnover	7.98x	8.72x	6.21x	9.13x	10.99x	6.77x	7.14x
Days Sales Outstanding (DSO)	45.7	41.9	58.8	40.0	33.2	53.9	51.1
Payables Turnover	56.12x	158.61x	161.68x	39.37x	426.19x	64.62x	33.54x
Days Payable Outstanding (DPO)	6.5	2.3	2.3	9.3	0.9	5.6	10.9
Cash Conversion Cycle	39.2 days	290.7 days	387.8 days	392.8 days	32.4 days	48.3 days	40.2 days
Asset Turnover	1.07x	1.18x	0.95x	0.95x	1.10x	1.13x	0.73x
Cash flow & dividends
Operating Cash Flow	-19	335	687	242	182	944	-1,245
Free Cash Flow (OCF − Capex proxy)	-19	335	487	-108	182	516	-587
Cash Conversion (OCF / EBITDA)	-2.0%	29.1%	81.2%	19.1%	14.3%	59.2%	-93.6%
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

ზვიად ასამბაძე100.0%

ზვიად ასამბაძეPartner / Shareholder100.0%

Directors & board

ზვიად ასამბაძეDirector

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