Through this paper, the topic of financial statement analysis is presented. The analysis consists of vertical and horizontal analysis with the company Maraska d.d. used as an example. The first part of the paper defines financial statements, indicators, and analysis methods used, as well as their divisions and purposes. Theoretical terms related to shares and joint-stock companies, their characteristics and establishment methods are covered. Through the second half of the paper, defined theoretical concepts from the first half are applied on the example of company Maraska. This is followed by familiarization with general and historical information about the company, its operations and offered products. Annual financial statements of the company are presented. The interpretation of data was given with the help of vertical analysis and horizontal analysis of the financial statements. Available data from the Zagreb Stock Exchange is processed, an attempt is made to explain changes that occurred. The paper is concluded with a personal review of results about the company’s business and an assessment of future business results and trends of the company.