The subject of the final paper is the analysis of financial indicators for the company Ilirija d.d. based on which the business's success will be evaluated. Financial statements provide data on the turnover and financial condition of a business entity. According to the Accounting Act, the main financial indicators are the profit and loss account, cash flow statement, balance sheet, statement of comprehensive income, statement of changes in capital, and notes to the financial statements. To obtain information about the operations of Ilirija d.d. an analysis of the cash flow statement, balance sheet, and profit and loss account will be carried out. The methods of financial statement analysis used in the paper are horizontal and vertical analysis and individual and aggregate (synthetic) financial indicators. The horizontal analysis will compare the company's financial statements over a longer period (2019 - 2022), while the vertical analysis will compare the reports in one year. The individual financial indicators that will be analyzed in the paper are indicators of liquidity, activity, indebtedness, economy, and profitability. After analyzing individual indicators, aggregate (synthetic) indicators will be analyzed, namely: Z-Altman's score, DF Kraliček's, BEX's, and Du Pont's indicators. Given that the analysis covered the period during the pandemic caused by the COVID-19 virus and the war between Russia and Ukraine, which had a significant impact on the market, it was interesting to observe the indicated indicators and the trend of companies in recovery. Through the analysis process, it was established that the business entity Ilirija d.d. stable and successful business in terms of individual financial indicators, Z-Altman score, BEX index, and other synthetic ones.