Changes in the financial structure and liquidity of furniture manufacturing enterprises in Poland between 2005 and 2014

The main aim of the study was a multidimensional analysis of the financial structure and liquidity of furniture manufacturing sector in Poland according to the size of enterprises. The analysis was based on aggregated financial statements provided by enterprises between 2005 and 2014 and published by the European Central Bank in the database of the Bank for Accounts of Companies Harmonised (BACH). As the provided data shows, there were dynamic changes in the financial structure of furniture manufacturing sector in Poland. They caused an increase in financial liquidity and simultaneously, the risk of liquidity was considerably reduced. These changes took place in enterprises of all sizes, especially in large ones.