Evaluation of Financial Performance of Enterprises in IT Sector

Measurement of financial performance of enterprises and its evaluation belongs to basic identifiers of the overall success of the enterprises in the market. Knowing the indicators representing financial performance related to the dynamic environment, where the enterprises operate, and also related to the ongoing pressure of their surroundings on improvement is a key element by increasing the competitiveness and strengthening the position in the market. Although the usage of nonfinancial indicators is still more often promoted, financial indicators are able to factually and accurately evaluate condition of an enterprise based on its previous development. The aim of this article is evaluation of financial performance of enterprises operating in IT sector based on the setting of financial indicators, which specify their performance in the best way, while operating results of the enterprises are analyzed using chosen financial indicators. Taking the ability of indicators into account, the performance of given enterprises in IT sector is going to be defined in the best possible way.