ANALYSIS OF FINANCIAL REPORTS ON COMPANY FINANCIAL PERFORMANCE ASSESSMENT

Abstract

Background One of the keys to a company's success is its ability to create profits, where profits are an important component in financial reports which are used as indicators to assess company performance. One indicator tool that can be used as a performance parameter is through financial report analysis.

Research purposes This is to find out how the company's financial performance at PT Workshop & Spare Parts. CAB Bogor from 2017 to 2021 using financial ratios and to determine the performance of PT.CAB Bogor Workshop & Spare Parts compared to the company's industry average standards.

Method The research design in this research uses a type of quantitative descriptive research that addresses the actual problem by identifying and measuring financial performance which is viewed from financial ratios.

Results This research on liquidity ratios, solvency ratios, activity ratios is generally in poor condition, while the profitability ratio is in very good condition because every year it experiences increases and decreases which are still above average. Meanwhile, the results of the financial ratios when compared with industry average standards illustrate that the company is still having difficulty competing with other similar companies