LIKVIDNOST I PROFITABILNOST VINARIJA U ODABRANIM OPŠTINAMA AP VOJVODINE
LIQUIDITY AND PROFITABILITY OF WINERIES IN SELECTED MUNICIPALITIES OF AP VOJVODINA

Summary/Abstract: Wine tourism has a great potential in the agro-industrial sector of Serbia and must be intensively developedin order to provide positive local and regional effects on the economy. The proper development of winesector will have positive effects on economic flows. The positive implications will be manifested in generatingof income from the sale market-oriented products, as well as, the employment of new people in this segmentof the economy. The aim of this paper is to point out the importance of wineries in AP Vojvodina with a focuson four municipalities: Beocin, Irig, Novi Sad and Sremski Karlovci. The subject of the paper includes theanalysis of wineries business in selected municipalities from the aspect of liquidity and profitability for theperiod 2006-2019. The analysis results show that the observed wineries achieved average values of generaland quick liquidity of 1.51, and 0.79. On the other hand, wineries recorded average return on assets of0.03% and average return on equity of 0.73% in the observed period. Analyzing by the municipalities, it canconclude that wineries in Irig and Novi Sad were profitable, while this was not the case with wineries inBeočin and Sremski Karlovci for the observed period.

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