In the work will be explain companies such as Podravka d.d. and Kraša d.d., their types of activities, shares in companies, their history.On a comparative analysis Podravke and Frank d.d. it will be explain through financial reports their stage liquidity,which means attribute of asset or its single pieces which can be convert in a cash, sufficient for a cover commitments of obligations. Explain what is financial report, what is their purpose, what are they showing, and how to build them in appropiate companies in appropiate branches.Withal part of this work is assessment vertical and horizontal analysis, and also financial indicators.Just using that analysis greatly helps in establishing a good liquidity of companies and also the analysis of assets which we spend in dictated time or we don't spend, depends on situation and watching of paragraph.At the end of the whole theory and series analysis, it will be brought personal thinking about subject itself, and at last the conclusion.