The financial performance of a company is one of the key indicators that show the public whether the company is doing well, moreover, improving financial performance should be a top priority in order to be attractive to investors. Financial performance is reflected in financial statements, which provide financial information by which investors make their investment decisions. A company's performance could be explained as the rate of achievement of set targets. The aim of this study is to find out the factors that affect financial performance and identify the key factors among the selected ones. The subject of this study is the companies listed on the Stock Exchange of the Slovak Republic during the period 2010-2021. The data for this study is based on secondary data collected by analysing the financial statements of the selected companies. The data is then analysed using IBM SPSS Statistics 26 software. The research findings yielded the following results: all the selected independent variables show an impact on financial performance. Firm age showed a clear positive effect, cost of capital showed a clear negative effect and factors such as liquidity, debt, firm size and credit risk did not show a clear negative or positive effect.