This final thesis includes the analysis and assessment of the performance of three domestic companies in the food sector: Vindija d.d., Dukat d.d. and Podravka d.d., based on their financial statements for the period from 2020 to 2022, available on the FINA website. The focus of the research is on the assessment of the relative performance of these companies using the tools and procedures of financial statement analysis and on the identification of trends in financial indicators during the observed period. The methodology includes the study of relevant scientific and professional literature, including analysis through financial analysis of company reports. The analysis relies on horizontal analysis and the use of financial indicators, as well as on case studies. The purpose of the paper was to draw conclusions about the success of business in the food industry in the Republic of Croatia. At the same time, Dukat stands out as a leader in liquidity, while Vindija shows greater indebtedness, which can be a challenge in debt management. In terms of activities, Vindija stands out as the most efficient in asset management, while Dukat and Podravka recorded fluctuations. In terms of profitability, Dukat and Podravka made significant progress, while Vindija had challenges in maintaining high profit rates. All three companies have room for improvement in various aspects of business in order to achieve stable growth in the future, which indicates the importance of financial management, efficient business processes and innovation in strategy and products.