Impact of Financial Crisis on Selected Company in the Czech Republic

Abstract

The aim of this study is to assess whether and to what extent have the Global Financial crisis influenced a case company SMART TRADING COMPANY s.r.o. and its financial performance during the years 2007 – 2011. Financial performance was evaluated with the use of financial statement analysis and the evaluation focused on four key areas determining the financial performance; solvency, liquidity, activity, profitability and how these areas influence the financial performance yardstick – indicator ROE. Results of financial statement analysis are discussed with Financial Manager of a case company in order to interpret achieved results in the light of company’s environment.