Gevorkyan's net debt stood at EUR 70.6 mil and accounted for 191% of equity at the end of 2021. The ratio is up 9.63 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 199% in 2019 and a low of 182% in 2020 between 2019 and 2021. The average for the last five years was 191%.
Net debt to EBITDA was calculated at 4.60x at the end of the year.
Severity: Warning
Message: A non-numeric value encountered
Filename: src/Environment.php(358) : eval()'d code
Line Number: 20560
The company’s cost of funding amounted to 3.28% in 2021, down which is above the 5-year of 3.41%. Funding costs have “eaten” some 29% of the operating profit generated in 2019.
You can see all the company’s data at Gevorkyan profile, or you can download a report on the company in the report section.
Helgi Library 
