One of the most important sources of the accounting system are the annual financial statements reports. Financial statement analysis is an important source of information for business decision-making because it provides the necessary information and allows insight into the real situation and business operations of the company. Also, it represents an important factor because based on it we can make decisions and conclude how well we did business, that is, how much realized income and expenses we achieved in the past year and how to improve business for the next year. Financial management reports on the work of managers, confirms successes and failures and warns of problems within the company. To inform users means to present them with relevant and reliable information in recognizable form and content comprehensible to the intended users. Most of that information is created in accounting. Basic financial statements consist of a set that includes: balance sheet, profit and loss statement, cash flow statement, statement of changes in capital and notes alongside financial statements. Each of those provide an overview of the state and business of the past business event. The goal of this final paper is to analyze the annual financial statements of the company Bipa d.o.o. in the period from year 2018. to 2022. We take 2018. and 2022. as key years and we compare them with each other. During the analysis of financial statements of company BIPA, horizontal and vertical analysis were used, as well as analysis using financial indicators. By analyzing the annual financial reports of the company BIPA we show and evaluate the security and success of that company's operations.