Financial Performance Analysis at SC UNOTIP SRL-Reference-Cited by-同舟云学术

Financial Performance Analysis at SC UNOTIP SRL

Published:2022-06-01 Issue:1 Volume:16 Page:71-80
ISSN:2668-3989
Container-title:Acta Marisiensis. Seria Oeconomica
language:en
Short-container-title:

Author:

Blaga Adrian¹,Zsidó Kinga Emese²

Affiliation:

1. SC UNOTIP SRL , str. Petru Dobra nr. 11, ap. 8, Tg. Mureș, Mureș , Romania

2. George Emil Palade University of Medicine , Pharmacy, Science and Technology of Targu Mures , 540142 Gheorghe Marinescu 38 , Targu Mures , Romania

Abstract

Abstract In a world where economic challenges and changes are permanent, economic entities, and especially the management of these entities, need correct and useful information to be able to make effective economic decisions regarding the present and future activity of the entities. Financial performance analysis is an indispensable and permanent managerial task, without which plans regarding future investments or strategies cannot be drawn up. The aim of the paper is to analyze the financial performance of the company SC UNOTIP SRL, based on the data from the financial statements for 5 consecutive years, with the help of the indicators that can best characterize the financial performance. Following this analysis, the authors formulate conclusions and recommendations regarding the improvement of the analyzed company’s performance.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/amso-2022-0007

Reference13 articles.

1. Anghel, I. et al. (2022). Tratat de analiză economico-financiară, Editura Academiei Române (pg. 23)

2. Verboncu I. & Zalman M. (2005). Management și performanțe, Ed. Universitară, București

3. A. Bourguignon (2014). Performanța financiară a întreprinderii, Ed. Universitaria

4. Zhussupova, Z.; Onyusheva, I. & El-Hodiri, M. (2018). Corporate governance and firm value of Kazakhstani companies in the conditions of economic instability. Polish. Journal of Management Studies, 17, 235–245.10.17512/pjms.2018.17.2.20

5. Bayaraa, B. (2017). Financial performance determinants of organizations: The case of Mongolian companies. Journal of Competitiveness, 9, 22–33.10.7441/joc.2017.03.02