Felicia Hartanti Gunawan / Perbandingan Kinerja Keuangan Perusahaan Sektor Makanan dan Minuman sebelum Covid-19 dan pada Masa Covid 19 Media Akuntansi dan Perpajakan Indonesia Volume 3, Number 1, September 2021 p-ISSN: 2685-9203 e-ISSN: 2686-5610 PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEKTOR MAKANAN DAN MINUMAN SEBELUM COVID-19 DAN PADA MASA COVID-19 Felicia Hartanti Gunawan Universitas Ciputra Surabaya Abstract: This study aims to compare the company’s financial performance as measured by financial ratios (profitability ratios, liquidity ratios, sol- vency ratios, and activity ratios). This study is a quantitative study with a multiple regression approach using secondary data collection from the 2019 and 2020 quarterly financial statements. Sampling used the purposive sam- pling method and the samples in this study were 23 food and beverage sec- tor companies listed on the IDX in 2019 and 2020. The normality test in this study used the kolmogorov-smirnov method and the key that the data was not normally distributed so that the non-parametric wilcoxon signed rank test was used. The results of this study indicate that there are signifi- cant differences during the pandemic in profitability ratios and liquidity ratios. There is a significant difference in the profitability ratio due to a decrease in people’s purchasing power during the Covid-19 pandemic, which makes the company experience a decline in profits. There is a significant difference in the liquidity ratio due to the smooth running of the company, such as the inventory of merchandise that has accumulated during the Covid- 19 period. Based on the analysis of the solvency ratio and the activity ratio, it shows that there is no significant difference before and during the covid- 19 pandemic. In the solvency ratio, the company’s ability to fulfil its obli- gations in a timely manner declined during the Covid-19 period, but it was not much different before Covid-19. In the activity rasio, the company’s level of efficiency in working decreased during the Covid-19 period, but the decline was not much different from before Covid-19. Keywords: financial performance, profitability ratios, liquidity ratios, sol- vency ratios, activity ratios Abstrak: Penelitian ini bertujuan untuk membandingkan kinerja keuangan perusahaan yang diukur dengan rasio keuangan (rasio profitabilitas, rasio likuiditas, rasio solvabilitas, dan rasio aktivitas). Penelitian ini merupakan penelitian kuantitatif dengan pendekatan regresi berganda menggunakan *Corresponding Author. e-mail: fhartanti@student.ciputra.ac.id 19