To make accounting really a business language in the true sense of this word, financial statements need to be modified to the needs of users. The role of the financial statements analysis, whose fundamental task is to enable the understanding of the financial statements or, more precisely, to understand the business described in the analyzed financial statements. The most important place in the analysis process is financial indicators, as they are considered as providers of synthesized business quality information. Liquidity, indebtedness and activity indicators are geared towards measuring business security, while indicators of activity, cost-effectiveness and profitability are geared towards measuring business performance. The research problem is the specificity and complexity of the analysis of the financial statements by means of indicators groups to determine the performance of a business and to determine the strengths and weaknesses of a particular company. For the purpose of this final work in analyzing financial statements will be used indicators of liquidity, activity and profitability of INA Group in the period 2016. – 2018. Financial statements for INA Group and INA, d.d. for I.-XII. 2016th to 2018th are prepared in accordance with International Financial Reporting Standards (IFRS), that is, according to the best knowledge in all relevant aspects, they accurately and objectively present the financial position of the company and the financial results and the cash flow of the INA Group. The overall liquidity of the business falls as the coefficient of financial stability is growing, which is a slight negative trend because the company has to finance part of its short-term assets from long-term sources. In applying the principle of activity, the total trade coefficient of trade, the trade turnover ratio and the duration of the collection of receivables fall, while the coefficient of short-term assets is increasing. During 2018, the coefficients of the profitability indicators fall compared to 2017., which is the poor ability of the company to generate profits with respect to the invested capital.