The aim of this master's thesis was to analyze the performance and safety of three selected business entities in the food industry in the Republic of Croatia. Horizontal and vertical analysis of financial statements covered the operations of Kraš d.d., Vindija d.d., and Franck d.d. for the years 2018 and 2019, before the onset of the COVID19 pandemic, as well as for 2020 and 2021, during the COVID19 pandemic. Additionally, the calculation of financial indicators determined the performance and safety of the companies. Four research questions were posed, and answers to these questions are provided in the practical part of the thesis. In response to the first research question, it is concluded that Kraš d.d. operates safely and successfully, while the other two companies do not operate safely and successfully. In response to the second research question, it is concluded that Kraš d.d. operates more safely and successfully than the other two companies. The conclusion of the third research question is that Kraš d.d. operates more safely and successfully than the top ten trading companies in the food production industry, while Vindija d.d. and Franck d.d. operate less safely and successfully than the top ten trading companies in the food production industry. In response to the fourth research question, it is concluded that Kraš d.d. operated more safely and successfully during the COVID19 pandemic, Vindija d.d. does not operate safely or successfully in both mentioned periods, and one period cannot be highlighted as better than the other. Franck d.d. operated more safely during the COVID19 pandemic and more successfully before the pandemic.