Hypothesis 1 (H1): Companies owned by women are more labor-intensive than companies owned by men.

Hypothesis 2 (H2): EBITDA margin is lower in companies owned by women than in companies owned by men.

Hypothesis 3 (H3): There is no difference in profit margin between companies owned by women and men.

Hypothesis 4 (H4): Return on total assets ratio is in women-owned companies higher than in men-owned companies.

Hypothesis 5 (H5): Shareholders liquidity ratio is in companies owned by women higher than in companies owned by men.

Hypothesis 6 (H6): There is no difference in solvency ratio between companies owned by women and men.

Hypothesis 7 (H7): Current ratio, i.e. liquidity ratio, is in companies owned by women higher than in companies owned by men.

Hypothesis 8 (H8): Average collection period is in companies owned by women shorter than in companies owned by men.

Hypothesis 9 (H9): Average credit period is in companies owned by women shorter than in companies owned by men.