Sytuacja finansowa przedsiębiorstw z województwa dolnośląskiego na tle kraju w czasach dekoniunktury

One of the basic problems of the financial situation of enterprises is the analysis of financial results of economic entity. Calculated financial results and the liquidity ratios and profitability allow to formulate views on the degree of the solvency of firms, the ability to regulate the current short term liabilities and their profitability. The study concerns the analysis of financial performance of economic entity in the years 2005-2011 and the dynamics of liquidity and profitability ratios. The main objective of the study is analyzing the financial situation of enterprises located in Lower Silesia against the background of Poland during the economic crisis. The results of research obtained in the study on the analysis of the dynamics of the financial results of enterprises in Lower Silesia and in Poland showed that in the analyzed period the worst in terms of achieved profit was 2008 year, when the economic crisis started. A visible effect of the crisis was a significant decline in the growth of achieved financial results. This phenomenon adversely affected the economic entities which in effect led to a decrease in the total number of enterprises functioning in Poland and Lower Silesia. In the subsequent years companies showed improvement in the economic situation, as evidenced by improved financial results in future years, while the target 2011 year significantly improved the value of the achieved profit.This helped also to improve the profitability and financial liquidity of firms.