This report presents a comprehensive financial analysis of Farsons and Heiniken, two companies operating in the beverage sector. The analysis utilizes financial statements from 2015 to 2018 to evaluate the companies' financial performance. The report employs vertical, horizontal, and ratio analysis techniques to assess trends in income statements, balance sheets, and cash flow. Vertical analysis, also known as common-size analysis, is used to express each item as a percentage of a base amount, providing insights into the composition of financial statements. Horizontal analysis, or trend analysis, compares financial data over multiple periods to identify changes and patterns. Ratio analysis, including net profit and gross profit margins, is used to evaluate profitability, efficiency, and liquidity. The analysis offers a comparative overview of the financial health of both companies, highlighting their strengths, weaknesses, and overall financial positions. The report also includes an evaluation of working capital and cash flow, providing a complete assessment of the financial performance of Farsons and Heiniken.