ANALYSIS OF THE PROFITABILITY AND FINANCIAL RISK OF THE BRANCHES OF ECONOMY OF LATGALE PLANNING REGION DURING THE PERIOD OF TIME FROM 2006 TO 2012

Abstract

There has been calculated and analysed the profitability of the branches of economy and the basic activity of Latgale in comparison with that of Latvia during the period of time from 2006 to 2012. The impact of the profitability of the economic and the basic activity has been calculated by applying the author’s worked out methodology. There have been calculated and analysed the profitability variation quotients of the branches of economy and the basic activity, which characterize the financial risk. The advantages of the branches in Latgale have been stated by combining the analysis of profitability and the financial risks.