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Submission rate and ratios by the types of economic activities of the Georgian National Classifier

The main objective of SARAS is to create a transparent and reliable business environment in the country, where the interests of both investors and entities are protected. Submitted financial statements significantly contribute to the establishment of such a business environment and the development of entities. Ultimately, this will have a positive impact on the country’s economic situation. 

More than 66 thousand entities have already submitted financial statements for the year 2020. Based on the information submitted on Reporting Portal - Reportal.ge - SARAS publishes submission rates and ratios by the types of economic activities of the Georgian National Classifier. The file shows the following two ratios by categories: The ratio of cash and debt to total assets. 

This provides stakeholders with an important information, which reflects how effectively the business operates in a variety of activities. 

The presented analysis is prepared with the information filled digitally by entities. The reporting entity is responsible for the completeness, accuracy and fairness of the financial statements published on Reportal.ge.