The Impact of the Financial Profile on the Resilience Capacity of theAgri-Business Companies in Romania

In general, the effect of the crisis over economy could be very big as in 2008.2020 was a year with a double crisis in Romania: COVID-19 and draught.From a sample of 2.970 companies from the Romanian agri-business sector, 1.176 had decrease of the profit.The present study analyses the financial situation of 503 companies which passed from profit in 2019 to losses in 2020.The methodology is based on linear regression method which considers the variation of the net profit and independent factors as variation of turnover and the level of fixed assets, stocks, receivables and cash in the year before the crisis.The higher turnover decrease and company size, the higher negative net result variances.Only the companies with a good treasury position went through the crisis more easily.If the companies will not assure a sustainable growth, they will be exposed in front of crisis periods.