Financial Analysis of Stavební firma HOBST, a.s.

Bc. Jindra Košťálová

Master's thesis

Abstract:

The diploma thesis focuses on the financial analysis of the company Stavební firma HOBST a.s. The company focuses on the heavy engineering such as bridges, concrete walls and water management constructions. The first part of the thesis explains the main terms related to the financial analysis. It starts with the explanation of the financial statements, different methods of the analysis and lastly, there is briefly explained the current situation on the Czech construction market. The main part of the diploma thesis, practical part, focuses on the analysis itself. The analysis is done for four years: 2012 to 2015. There is the horizontal and vertical analysis of the main financial statements, such as balance sheet and income statement. This analysis gives us a deep look into the individual items of the mentioned financial statements. It is followed by the ratio analysis, which shows some of the important indicators which are subsequently compared with the values of industry averages. Last but not least, the practical part analysis the composition of the individual construction from the contract owner view, and from the type of the construction views. There is a regression analysis of the relationship between revenues of the constructions for state and the amount of investment of state into infrastructure.

Keywords

Financial analysis, construction company, profitability, liquidity, activity

Language used: English

Date on which the thesis was submitted / produced: 30. 3. 2017

Thesis defence

• Supervisor: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management