Hodnocení výkonnosti vybraného podniku

Abstract

The aim of the thesis is evaluation of financial performance of the company Fatra, a.s. for period from 2006 to 2009. The main method used for appraisal of financial results was the economic value added (EVA) and predictive models. The thesis is divided into three basic chapters. The first chapter includes theoretical background to conception of economic value added and focuses on description of the relevant adjustments to the financial statements for more precise calculation of EVA and theoretical background of predictive credibility and bankruptcy models. Analysed company is presented in the second chapter including a brief financial analysis with application of ratio indicators. There was performed the trend analysis of financial ratios of profitability, liquidity, leverage and activity. The third chapter comprehends adjustments of financial statements and calculation of the economic value added. The analysis is supported by pyramidal analysis of the EVA ratio, application of predictive models and comparison of company’s financial results with average values of sector. Based on the comprehensive appraisal particular recommendations are formulated in the conclusion of this chapter to improve financial position of analyzed firm.