Resumen
and profitableness ratios and was used in the solvency evaluation of Latvian enterprises. The practical research was carried out according to the accounting data of the small enterprises of Latvia. The aim of the research is to appraise the use of the financial indicators in order to evaluate the solvency of the companies. The results of the research point out that there is no essential difference between the financial indicators of a liquidated enterprise and a reorganized enterprise and there is no possibility to foresee precisely the financial position of the enterprises by taking into account only the financial indicators of the enterprises.JEL codes: R11, G33.