Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2
Written by Oleg MILEV, Emil MUTAFOV

Efficiency in agricultural business activity is directly related to the high financial results. The main approaches to business evaluation are related to the investment in production capital and the return on the investments made. The object of research in this article is the profitability of equity capital in the Agriculture sector in Bulgaria. Known in economic literature as Financial profitability, it is an important indicator for both owners and future investors, as it shows the profitability of capital invested in production. The main goal of this article is to make a comparative analysis and assessment of the direct factors that have an impact on the profitability of equity capital in agriculture. Based on the collected statistical information, the method of the financial profitability calculation was selected, through the influence of changes in the equity load factor and revenue profitability. The conclusion is related to finding a causal relationship between the components of financial profitability, which is the basis for specific recommendations and opportunities to increase its level.

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