VOlUME 05 ISSUE 09 SEPTEMBER 2022
Heri Sasono
STIE Dharma Bumiputera, Jakarta
DOI : https://doi.org/10.47191/ijsshr/v5-i9-54Google Scholar Download Pdf
ABSTRACT
The purpose of establishing a company is to survive in the future by earning a profit every year. The purpose of this study was to compare the financial performance of franchising companies, between PT. Master of Indonesian Culinary with Velvet Project, period 2018 and 2019.
The analysis method uses a comparative analysis of liquidity ratios, solvency ratios, activity ratios and profitability ratios for 2 (two) periods.
The conclusion of the study is that the liquidity ratio of the two companies is less than 200%, meaning that the company's performance can be said to be less good.
The solvency ratio of the two companies shows an up and down movement. The ratio of its activities, the company PT. This Indonesian Culinary Master is quite good and effective in managing company resources and the profitability ratios of both companies show a decrease in net profit.
KEYWORDS:liquidity ratio, solvency ratio, activity ratio, profitability ratio, company performance.
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