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Financial analysis of a selected tennis center
Peterka, Adam ; Ruda, Tomáš (advisor) ; Krause, Veronika (referee)
Title: Financial analysis of a selected tennis center Objectives: The main objective of the work is to perform a financial analysis and, according to the information found, to determine recommendations that will be used for the following years. Methods: For this thesis, quantitative data from the tennis facility's financial statements from 2018 to 2021 was used. Horizontal and vertical analysis of the balance sheet and profit and loss, difference and ratio analysis was performed. Lastly, a bankruptcy model was calculated. Microsoft Excel was used to calculate and analyze the data. Results: The analysis confirmed that running a business in a sports environment is challenging. The results were particularly affected in 2020 and 2021, when the sports sector suffered from the effects of the COVID-19 pandemic. The overall picture of the financial health of the selected tennis center was not encouraging, as the company reported losses in most of the indicators monitored. Based on these findings, specific measures were suggested to improve the situation in the coming years. Keywords: tennis, tennis center, financial analysis
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