Analysis of the Financial Efficiency of Orlen S.A. for the Years 2015–2022

Abstract

This article examines the financial condition of Orlen S.A., one of the largest fuel and energy companies in Central and Eastern Europe. The analysis aimed to assess the company's profitability, financial liquidity, and debt levels to answer questions regarding the financial health of the enterprise and its capital management practices. The analysis was based on profitability indicators such as ROS, ROA, and ROE, current and quick liquidity ratios, along with the cash ratio, as well as debt indicators. The results are presented with interpretations and include the necessary theoretical background to understand the performed calculations.