COVID-19 DAN KINERJA KEUANGAN PERUSAHAAN UMUM DAERAH PASAR ARGHA NAYOTTAMA KABUPATEN BULELENG
The Regional Public Company Pasar Argha Nayotama, Buleleng Regency, established to provide services to the market user community, distribute basic daily needs and as a source of local revenue for Buleleng Regency.
Covid 19 has weakened the economic and social sector in Buleleng Regency and has an impact on the performance of the Argha Nayotama Market Regional Public Company. There are several policies that have been set by the Buleleng Regency Government against Covid 19, including: 1). limitation of market operating hours; 2). limitation of opening and closing of traditional markets; 3). limitation of community activities. This policy causes a decrease in revenue, while operating costs, which are mostly fixed costs, cause a decrease in company profits.
This study aims to determine the impact of Covid-19 on the financial performance of the Regional Public Company Pasar Argha Nayottama, Buleleng Regency. Financial Performance was the result achieved in the financial sector based on the Liquidity Ratio, Profitability Ratio, Activity Ratio and Solvency Ratio.