In the business decision-making process of managers, information on financial statements and a quality information base for making business decisions are important. Companies cannot operate without keeping records on the business, condition and development of the company. Every company compiles financial statements that help both internal and external users to gain insight into better business operations. The analysis of basic financial reports and financial indicators in the food industry from 2017 to 2021 is included in this thesis. The food industry is an important economic branch that employs a large number of people and generates the highest revenues. The leading food company Podravka d.d. was chosen. and the largest confectionary company Kraš d.d. After the theoretical part, the horizontal and vertical analysis of the balance sheet and profit and loss account gave a more complete picture of both companies and a deeper insight into individual business items. Analysis through financial indicators showed the state of both companies over five years. Both companies are recognizable for their quality production and the strategy they use in their business and good cooperation with leading partners.