Ekonomické rozhľady/Economic Review 3/2023

ANALYSIS OF FINANCIAL INDICATORS OF SMALL AND MEDIUM – SIZED ENTERPISES IN THE SLOVAK REPUBLIC UNDER THE CONDITIONS OF EXTERNAL DISRUPTIONS

KATARÍNA BELANOVÁ[1]

 

https://doi.org/10.53465/ER.2644-7185.2023.3

 

Abstract: At the beginning of 2020, the world was paralyzed by the COVID - 19 pandemic. In 2021, we were witnesses of a rise in macroeconomic variables, which was interrupted by disrupted supplier – customer relations, war in Ukraine and high inflation. As the article reveals, external disturbances were reflected in the values of financial indicators of small and medium – sized enterprises in the SR. In this regard, we used added value as one of the most important quantitative indicators through which the efficiency of the small and medium-sized enterprises is evaluated. According to our findings, COVID – 19 pandemic caused its decrease in 2020 followed by its increase in 2021. Regarding high inflation, small and medium - sized enterprises managed to get over high inflation rate in 2022 by transferring rising costs into sales.

Keywords: coronavirus crisis, business, financial situation, inflation

JEL Classification: E31, G32

Fulltext: PDF

Online publication date: 22 September 2023

 

To cite this article (APA style):

Belanová, K. (2023). Analysis of Financial Indicators of Small and Medium – Sized Enterpises in the Slovak Republic Under the Conditions of External Disruptions, Economic Review, 52(3), 150 ─ 160. 

https://doi.org/10.53465/ER.2644-7185.2023.3.150-160

 

Publisher: University of Economics in Bratislava

ISSN 0323-262X (print)

ISSN 2644-7185 (online)

 

License:

by nc nd

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

 

[1] Assoc. prof. Ing. Katarína Belanová, PhD., University of Economics in Bratislava, Slovakia, e-mail: katarina.belanova@euba.sk orcid idhttps://orcid.org/0000-0003-2634-9238