Abstract
The article proposes a model of deterministic factor analysis, which allows to assess the impact on the profitability of all enterprise’s activities of the production resources’ productivity as well as indicators of the income’s and expenses’ structure of the enterprise. As a result of applying this model for factor analysis, it is possible to justify ways to increase the profitability of the enterprise in view of its various activities. The dynamics of profitability of all and operational activities in construction enterprises of Ukraine for 2010-2020 is analyzed. The comparison of these indicators with the corresponding indicators characterizing the average enterprise in the economy of Ukraine is made. The analysis of profitability of all construction enterprise’s activities in view of specificity for their basic activity and size is carried out. It was found that construction companies, with the exception of 2018 and 2019, operated inefficiently, receiving a net loss. Such financial results are much worse than the average enterprises’ results in Ukraine. Although operating activities were profitable, they did not reach the average values in the Ukrainian economy. Enterprises engaged in the organization or direct construction of buildings and communications were the least efficient. Small businesses were more likely to suffer losses than large and medium-sized ones. On the basis of the model proposed in the article by the method of chain substitutions, a deterministic factor analysis of the profitability of all construction enterprises’ activities for 2014-2020 was carried out. It is established that the production resources’ productivity of this type of activity decreased annually during the analyzed period, except for 2016. The total reduction in production resources’ productivity was 0.216 UAH / UAH. It is concluded that this factor was a stable reserve for increasing profitability. It is concluded that in order to increase the profitability of all activities in construction enterprises of Ukraine, it is important to manage the production resources’ productivity.
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