Every company, including Medika d.d. is obliged to compile annual financial reports every year and publish them in order to be available to all users. This paper analyzes the operations of the Medika Group through a financial analysis of operations for a period of four years in order to assess the financial stability and performance of the company. The aim of this paper is to analyze and assess the creditworthiness of Medika's business using the audited financial statements for the period from 2017. to 2020. as a basis for analysis. Since this company is considered a large company, they are required to compile all financial statements, which are the balance sheet, income statement, cash flow statement, statement of changes in equity, statement of other comprehensive income and notes to the financial statements. reports. In addition to the financial statements, the paper explains the horizontal and vertical analysis and the analysis of business indicators. In the practical part of the paper, the whole theoretical part was applied to the company Medika to find out whether the company is successful or not. Horizontal and vertical analysis of Medika indicates successful business, which was confirmed by financial indicators. The financial indicators of activity, economy and profitability are relatively good, while the company should pay more attention to the indicators of liquidity, indebtedness and investment.