Acta Univ. Agric. Silvic. Mendelianae Brun. 2011, 59(4), 355-362 | DOI: 10.11118/actaun201159040355

Analysis of the financial performance of enterprises based in the Vysočina Region

Ladislav Šiška
Katedra ekonomických studií, Vysoká škola polytechnická Jihlava, Tolstého 16, 586 01 Jihlava, Česká republika

The subject of this article lies in the analysis of the financial performance of 481 enterprises with more than 20 employees based in the Vysočina Region. The analysis was carried out on the basis of publicly available data for the period of 2006-2008. The comparison used adjusted average values of ROS and sales growth for the years specified above. The results indicate differences between industrial sectors, as well as between the districts of the Vysočina Region. Financially well-performing agricultural enterprises are mostly located in the Region of Pelhřimov, while successful industrial enterprises tend to be based in the Districts of Žďár nad Sázavou and Havlíčkův Brod. On the other hand, construction companies are most successful in the Districts of Pelhřimov and Jihlava.

Keywords: financial analysis, performance measurement, profitability, growth
Grants and funding:

This article is part of the solution of Project No. 402/09/2057 financed by the Czech Science Foundation of the Czech Republic.

Received: March 8, 2011; Published: May 29, 2014  Show citation

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Šiška, L. (2011). Analysis of the financial performance of enterprises based in the Vysočina Region. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 59(4), 355-362. doi: 10.11118/actaun201159040355
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