The paper deals with the analysis of the financial statements of Rimac Automobili d.o.o. . The financial statements for the period 2019 and 2020 were analyzed. For the analysis of the subject reports, analysis techniques were used, which included horizontal and vertical analysis of financial statements, and analysis of indicators. Horizontal and vertical analysis used the data from the company's annual report to clarify the movement of significant balance sheet and income statement. Based on the liquidity indicators, it was concluded that the balance sheet was adjusted in maturity, and that the company has sufficient short-term assets to settle short-term liabilities. Since the company performs production activities, the activity indicators show that the company has a satisfactory collection of receivables, asset turnover is slightly lower due to the fact that the company is still in the development phase, so the days of stocking are slightly higher. The structure of indebtedness is fine, the company uses more own sources than others for financing, and they are adequately matured. but indebtedness is high given the current level of profitability because it is still under development. Profitability was compared with three competitors, and it was noticed that profitability is worse than the observed competitors. However, it should be emphasized that this is a specific activity, and the development phases of new products vary greatly between companies, and profitability fluctuates depending on the development phase.