Dairy Farms

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. October 19, 2026

Financial Ratios	2023
	Dairy Farms
	Average	25.000-50.000	50.000-100.000	100.000-250.000	250.000-500.000	500.000-750.000	750.000-1.000.000	1.000.000-1.500.000	1.500.000-3.000.000
Farms represented	4 190	30	400	2 080	1 150	350	110	60	10
Farms in sample	320-330	0-4	20-30	110-120	120-130	40-50	11-20	11-20	0-4
Arable land	113.1	.	45.6	80.9	129.2	220.2	241.8	455.5	.
Livestock Units	83.3	.	20.9	50.5	99.0	184.8	265.0	361.4	.
Entrepreneurial Profit	-45 600	.	-58 900	-51 900	-41 600	-28 700	42 300	-62 800	.
+ Wages Claim	72 300	.	61 900	68 800	73 500	86 900	108 200	116 900	.
+ Interest Claim	38 700	.	10 900	26 700	45 000	81 900	82 500	178 800	.
Farm Net Income	65 400	.	13 800	43 700	77 300	140 000	233 000	232 800	.
Profitability Ratio	0.58	.	0.18	0.45	0.64	0.82	1.22	0.79	.
Return on hour of family work	9.4	.	3.0	7.1	10.4	13.7	20.5	13.2	.
Return on equity %	3.1	.	0.4	2.2	3.2	5.0	7.3	4.7	.
Farm Net Income	65 400	.	13 800	43 700	77 300	140 000	233 000	232 800	.
- Interest Claim	-38 800	.	-10 800	-26 900	-45 100	-81 900	-82 400	-178 800	.
=Earnings	26 800	.	2 910	16 900	32 400	58 100	150 500	54 000	.
Hours of family work	4 300	.	3 680	4 090	4 370	5 160	6 440	6 950	.
=Hourly earnings	6.6	.	0.8	4.6	8.1	11.2	23.4	7.8	.
Equity	744 600	.	297 200	523 000	894 500	1 417 000	1 577 000	2 972 000	.
Total assets	1 114 000	.	329 800	679 700	1 319 000	2 538 000	3 047 000	4 863 000	.
Equity ratio	66.8	.	90.1	76.9	67.8	55.9	51.7	61.1	.
Net Result	6 700	.	-47 200	-19 200	20 600	87 900	174 800	189 500	.
Total assets	1 104 000	.	312 100	677 100	1 301 000	2 501 000	3 061 000	4 846 000	.
Return on assets %	0.6	.	-15.1	-2.8	1.6	3.5	5.7	3.9	.
Standard Output. euro per farm	289 200	.	81 900	181 200	344 100	614 900	854 900	1 248 000	.
Farm Net Income per FWU	36 800	.	9 340	25 400	42 900	69 400	90 600	85 100	.