<abstract xmlns="http://www.w3.org/1999/xhtml">
<sec><h3>Subject and purpose of work: </h3>
<p>The aim of the study is to analyse how the main financial data of d ouble-entry b ookkeeping f ood p rocessing e nterprises r eflect t he e ffects o f t he i ndicated economic environment.</p>
</sec>
<sec><h3>Materials and methods: </h3>
<p>The evaluation was fundamentally based on ratios calculated on the basis of the statement of financial position and the income statement as well as trend analysis and financial indicators.</p>
</sec>
<sec><h3>Results: </h3>
<p>The number of Hungarian food processing enterprises has been gradually decreasing over the period under review. Both turnover and expenditure show linear growth at current prices, with increases in the various result categories. The asset structure is stable, and profitability is improving.</p>
</sec>
<sec><h3>Conclusions: </h3>
<p>The number of companies and the employment in the sector have been steadily declining in recent years, while efficiency is increasing. The increase in profits in the food industry is remarkable for all branches of the economy. The sector is adapting well to the negative effects of the changing economic environment.</p>
</sec>
</abstract>

Subject and purpose of work: 
The aim of the study is to analyse how the main financial data of d ouble-entry b ookkeeping f ood p rocessing e nterprises r eflect t he e ffects o f t he i ndicated economic environment.

Materials and methods: 
The evaluation was fundamentally based on ratios calculated on the basis of the statement of financial position and the income statement as well as trend analysis and financial indicators.

Results: 
The number of Hungarian food processing enterprises has been gradually decreasing over the period under review. Both turnover and expenditure show linear growth at current prices, with increases in the various result categories. The asset structure is stable, and profitability is improving.

Conclusions: 
The number of companies and the employment in the sector have been steadily declining in recent years, while efficiency is increasing. The increase in profits in the food industry is remarkable for all branches of the economy. The sector is adapting well to the negative effects of the changing economic environment.

Development of the financial situation of Hungarian food industry enterprises – changes between 2017 and 2021

Economic and Regional Studies / Studia Ekonomiczne i Regionalne

This work is licensed under the Creative Commons Attribution 4.0 International License.

Subject and purpose of work: 
The aim of the study is to analyse how the main financial data of d ouble-entry b ookkeeping f ood p rocessing e nterprises r...

Development of the financial situation of Hungarian food industry enterprises – changes between 2017 and 2021

Published Online: Sep 29, 2023

Page range: 348 - 366

Received: Apr 01, 2023

Accepted: Jun 01, 2023

DOI: https://doi.org/10.2478/ers-2023-0022

Keywords
food industry enterprises, statement of financial position, income statement, financial indicators, sectoral competitiveness, Hungary

© 2023 Judit Hegyi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Development of the financial situation of Hungarian food industry enterprises – changes between 2017 and 2021

Published Online: Sep 29, 2023

Page range: 348 - 366

Received: Apr 01, 2023

Accepted: Jun 01, 2023

DOI: https://doi.org/10.2478/ers-2023-0022

Keywordsfood industry enterprises, statement of financial position, income statement, financial indicators, sectoral competitiveness, Hungary

© 2023 Judit Hegyi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
food industry enterprises, statement of financial position, income statement, financial indicators, sectoral competitiveness, Hungary