The topic of the thesis analyzes the business on the example of selected company Kraš d.d. Available financial statements were used for the purpose of conducting the analysis. Financial reporting is the activity of compiling and publishing business reports by business entities at the end of a certain business period. The basic financial statements in the Republic of Croatia include the balance sheet, the income statement and losses, the cash flow statement, the statement of changes in equity and the notes to the financial statements. In order to conduct a more detailed business analysis, based on published company reports, analyzes are performed using financial indicators, vertical and horizontal analysis. Indicators analyze individual business segments, while vertical and horizontal analysis analyze report structure and structural changes. Kraš d.d. the company was selected to conduct the analysis. The selected company has a rich history and tradition in the market of the Republic of Croatia, and is generally considered a successful company. Business analysis Kraš d.d. implemented using five groups of financial indicators, using vertical and horizontal analysis. Also, a brief comparative analysis is conducted followed by concluding remarks.