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ID 448386283 · FY 2018–2021 · 4 years
ორგანიზაციის საქმიანობის სფერო: საცხოვრებელი და არასაცხოვრებელი შენობების მშენებლობა
curated 2026-08-05activity note, FY2021 annual report (reportal.ge) [2026-08-05]
Bars are revenue on the left axis; lines are EBITDA and net margin on the right.
| Ratio | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Margins | ||||
| Gross Margin | 66.4% | 68.8% | 70.7% | 86.5% |
| EBITDA Margin | -7.8% | 21.9% | 10.5% | -5.7% |
| EBITDAR | -206 | 885 | 153 | -168 |
| EBITDAR Margin | -7.7% | 21.9% | 10.6% | -5.6% |
| EBIT Margin | -7.8% | 21.9% | 10.5% | -5.7% |
| Net Profit Margin | -9.4% | 20.4% | 6.4% | -7.2% |
| Operating Expense % of Sales | 74.1% | 46.9% | 60.2% | 92.2% |
| Returns | ||||
| Return on Assets (ROA) | -13.8% | 67.6% | 8.0% | -25.4% |
| Return on Equity (ROE) | -136.4% | 126.2% | 23.7% | -89.5% |
| ROIC [EBIT / Invested Capital] | N/A | 296.0% | 77.3% | -33.8% |
| Leverage & liquidity | ||||
| Debt-to-Assets | 8.2% | 21.8% | 23.0% | 31.5% |
| Debt-to-Equity | 0.81x | 0.41x | 0.69x | 1.11x |
| Debt-to-EBITDA | N/A | 0.30x | 1.76x | N/A |
| Equity-to-Assets | 10.1% | 53.6% | 33.5% | 28.4% |
| Net Debt | -691 | -354 | -192 | 267 |
| Cash & Equivalents | 841 | 619 | 457 | 0 |
| Total Debt | 150 | 265 | 265 | 267 |
| Liquidity & working capital | ||||
| Current Ratio | 1.11x | 2.15x | 1.50x | 1.39x |
| Quick Ratio | 1.11x | 1.69x | 0.99x | 0.74x |
| Cash Ratio | 0.51x | 1.10x | 0.60x | 0.00x |
| Total Current Assets | 1,829 | 1,216 | 1,152 | 847 |
| Total Current Liabilities | 1,644 | 565 | 767 | 607 |
| Inventory | N/A | 259 | 395 | 400 |
| Trade Receivables | 568 | 307 | 275 | 394 |
| Trade Payables | 1,440 | 299 | 148 | 255 |
| Net Working Capital | 185 | 652 | 385 | 239 |
| Net Working Capital % of Revenue | 6.9% | 16.1% | 26.9% | 7.9% |
| Trade Working Capital | -873 | 267 | 522 | 539 |
| Trade Working Capital % of Revenue | -32.5% | 6.6% | 36.4% | 17.9% |
| Change in Trade Working Capital | N/A | 1,139 | 256 | 16 |
| Turnover & efficiency | ||||
| Inventory Turnover | N/A | 4.86x | 1.06x | 1.01x |
| Days Inventory Outstanding (DIO) | N/A | 75.0 | 343.4 | 359.8 |
| Receivables Turnover | 4.73x | 13.18x | 5.21x | 7.65x |
| Days Sales Outstanding (DSO) | 77.1 | 27.7 | 70.0 | 47.7 |
| Payables Turnover | 0.63x | 4.21x | 2.84x | 1.59x |
| Days Payable Outstanding (DPO) | 581.9 | 86.6 | 128.6 | 229.3 |
| Cash Conversion Cycle | -504.8 days | 16.1 days | 284.8 days | 178.2 days |
| Asset Turnover | 1.47x | 3.32x | 1.24x | 3.55x |
| Cash flow & dividends | ||||
| Operating Cash Flow | 575 | 126 | 3,958 | 6,035 |
| Free Cash Flow (OCF − Capex proxy) | 575 | 126 | -162 | -456 |
| Cash Conversion (OCF / EBITDA) | N/A | 14.2% | 2632.5% | N/A |
| Dividends Declared | N/A | N/A | N/A | N/A |
| Dividend Payout Ratio | 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.
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).
Companies sharing this sub-sector, ranked by how close their latest revenue is to this one — not a curated comp set.
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).