The hypothesis of the present research was stated as follows: in the environment of limited access to the resources the companies with sufficient capital are favoured the most by the shareholders. The aim of the research was to evaluate the impact of quality of balance sheet and sufficiency of capital of Baltic and Central and Eastern European (CEE) companies on the performance. We focused our research on the time period, when the access to the funding was limited, i.e. period of global financial crisis. The methods chosen for conducting a research were mainly quantitative, which include descriptive statistical analysis of differences in stock price performances of companies located in CEE. Though it was not our primary aim, using qualitative analysis methods we tried to find out what is the typology of companies which turn out to be winners in the end.