ANALYSIS OF THE FINANCIAL PERFORMANCE OF THE COMPANIES OPERATING IN THE SOFTWARE INDUSTRY LOCATED IN ROMANIA, HUNGARY AND CZECH REPUBLIC IN THE PERIOD OF 2019-2023
The software industry is considered to be one of the fastest growing economic sectors in the last decade, especially in the Central and Eastern Europe. Its importance is highlighted by the numerous studies published in the specialized literature, however very few studies were focused on the evolutio...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Oradea Publishing House
2025-07-01
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| Series: | Oradea Journal of Business and Economics |
| Subjects: | |
| Online Access: | https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/07/Laurentiu-DROJ-Doroteea-Andreea-SURLEA-Bogdan-Cosmin-MOLDOVAN-Alexandru-Daniel-MADA-1.pdf |
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| Summary: | The software industry is considered to be one of the fastest growing economic sectors in the last decade, especially in the Central and Eastern Europe. Its importance is highlighted by the numerous studies published in the specialized literature, however very few studies were focused on the evolution of the financial indicators of the companies operating in the field. In order to bring a novel approach regarding the performance of the software companies, the current study is focused on analyzing the evolution of financial indicators of the main companies operating in the software industry in 3 Central and Eastern European countries: Czech Republic, Hungary, and Romania. The current article will take into consideration the financial information provided by the financial reporting data for the years 2019-2023, for a number of 320 companies. The raw data was collected from EMIS University database and processed by the authors. For each of the companies’ specific financial data was selected and processed, such as: operating revenue, total assets, total equity and specific indicators were extracted: Return on Equity (ROE), Return of Assets (ROA), Solvency, Liquidity, Leverage, Altman Z-score. |
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| ISSN: | 2501-3599 |