Evaluation of business efficiency of a selected forestry company from the South Bačka District area

Abstract

The paper evaluates the efficiency of a forestry company, which operates in the territory of South Bačka District. For this purpose, an analysis of financial indicators of operations, i.e., liquidity, indebtedness and solvency was performed. After that, the movement of basic indicators of business efficiency is shown: productivity, cost-effectiveness, and profitability. The aim of the research is to conduct a financial analysis of the business of the analyzed company. The purpose of the research is to identify problem areas in the business operations of the company within the South Bačka District, as well as to eliminate them. The subject of the research are: balance sheet and income statement of the selected company. The period taken into consideration is 2016, 2017 and 2018.

Keywords

• company
• business efficiency
• business indicators
• financial statements