Financial analysis of Slovenian wood industry

Jože Kropivšek and Matej Jošt Financial analysis of Slovenian wood industry. In: WoodEMA. Visegrad innovations INNOVATION AS THE SOURCE OF VALUES IN THE FORESTRY, WOOD PROCESSING AND FURNITURE MANUFACTURING, 2013, Częstochowa.

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Abstract

Financial analysis, which includes in-depth monitoring of financial indicators, is crucial for the development of companies and the economy as a whole. Knowledge of the financial indicators greatly reduces business risk. The aim of the research was to assess the state of solvency and the degree of financial risk for the entire Slovenian wood industry in the period 2007 - 2011. It was found out that the values of the studied financial indicators worsened considerably at the beginning of the economic crisis, therefore it can be deduced to decreased solvency and increased business risk. Some indicators slightly improved in the last four years, but not much. This indicates a high risk of both sectors (C16 and C31), both for creditors and owners. However, there are little differences between the two sectors, what was also statistically approved.

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