Financial Ratios

SAS Output Economydoctor. FADN Advanced Results (luke.fi/economydoctor). EconomyDoctor Profitability calculation. Background data: FADN Public Database (SO). https://agridata.ec.europa.eu/. November 8, 2024
            Financial  Ratios             2017
EU-28 Austria Belgium Bulgaria Cyprus Czechia Germany Denmark Estonia Greece Spain Finland France Croatia Hungary Ireland Italy Lithuania Luxembourg Latvia Malta Netherlands Poland Portugal Romania Sweden Slovenia Slovakia United Kingdom
Farms represented 4586110 70,990 28,610 61,420 10,870 18,050 180,220 26,080 7,630 335,450 435,190 34,700 295,670 72,240 110,700 93,450 559,560 62,320 1,550 24,920 3,100 46,710 737,310 104,690 1087120 27,630 44,680 4,180 101,090
Farms in sample 80,000-90,000 1,000-2,000 1,000-2,000 2,000-3,000 500-1,000 1,000-2,000 8,000-9,000 1,000-2,000 500-1,000 3,000-4,000 8,000-9,000 500-1,000 7,000-8,000 1,000-2,000 2,000-3,000 500-1,000 10,000-20,000 1,000-2,000 200-500 1,000-2,000 500-1,000 1,000-2,000 10,000-20,000 2,000-3,000 6,000-7,000 1,000-2,000 500-1,000 500-1,000 2,000-3,000
Arable land 35,1 32,8 50,1 65,9 9,5 193,3 91,1 111,1 138,7 10,0 46,7 64,6 87,8 14,8 44,8 48,9 21,0 49,0 84,6 66,9 2,6 38,3 19,9 22,8 9,7 105,1 10,1 430,9 153,9
Livestock Units 28,0 30,5 139,8 20,3 12,3 89,3 91,5 153,5 36,8 5,8 32,8 27,9 74,4 8,4 17,4 65,2 19,9 11,8 122,5 20,8 14,2 146,7 12,4 14,5 4,3 59,5 10,3 133,5 131,9
Farm Net Income 21,468 30,578 66,548 18,383 10,000 40,650 49,126 51,729 20,420 11,885 33,966 20,056 38,486 9,305 21,695 31,548 33,503 13,869 59,433 16,512 10,454 92,710 9,910 17,434 5,877 22,112 6,237 2,009 42,405
divided by (Wage Claim 21,025 38,050 45,872 6,059 9,367 22,665 43,445 40,582 12,217 7,041 16,140 31,099 31,528 10,887 6,545 26,738 21,572 11,754 42,174 12,077 14,910 53,906 11,430 10,855 5,212 49,943 10,465 12,046 35,043
+ Interest claim) 6,790 8,380 23,084 3,584 7,255 9,974 17,622 25,797 4,715 25,888 7,957 7,977 4,809 6,921 2,162 43,787 8,937 1,950 18,170 2,316 3,183 47,448 5,587 1,251 1,353 19,621 5,784 12,696 44,257
= Profitability Ratio 0.77 0.66 0.97 1.91 0.60 1.25 0.80 0.78 1.21 0.36 1.41 0.51 1.06 0.52 2.49 0.45 1.10 1.01 0.98 1.15 0.58 0.91 0.58 1.44 0.90 0.32 0.38 0.08 0.53
Farm Net Income 21,468 30,578 66,548 18,383 10,000 40,650 49,126 51,729 20,420 11,885 33,966 20,056 38,486 9,305 21,695 31,548 33,503 13,869 59,433 16,512 10,454 92,710 9,910 17,434 5,877 22,112 6,237 2,009 42,405
- Wage Claim 21,025 38,050 45,872 6,059 9,367 22,665 43,445 40,582 12,217 7,041 16,140 31,099 31,528 10,887 6,545 26,738 21,572 11,754 42,174 12,077 14,910 53,906 11,430 10,855 5,212 49,943 10,465 12,046 35,043
= Net Profit 443 -7,472 20,676 12,324 633 17,985 5,681 11,147 8,203 4,844 17,826 -11,043 6,958 -1,582 15,150 4,810 11,931 2,115 17,259 4,435 -4,456 38,804 -1,520 6,579 665 -27,831 -4,228 -10,037 7,362
divided by Net Worth 279,013 423,989 730,046 110,950 162,094 494,790 732,637 1063500 203,937 112,181 332,541 353,002 247,946 144,993 164,266 961,270 347,648 112,230 922,217 104,904 168,188 1683939 172,752 97,141 37,343 822,439 211,579 611,499 1639870
= Return on Equity 0.2 -1.8 2.8 11.1 0.4 3.6 0.8 1.0 4.0 4.3 5.4 -3.1 2.8 -1.1 9.2 0.5 3.4 1.9 1.9 4.2 -2.6 2.3 -0.9 6.8 1.8 -3.4 -2.0 -1.6 0.4
Farm Net Income 21,468 30,578 66,548 18,383 10,000 40,650 49,126 51,729 20,420 11,885 33,966 20,056 38,486 9,305 21,695 31,548 33,503 13,869 59,433 16,512 10,454 92,710 9,910 17,434 5,877 22,112 6,237 2,009 42,405
- Interest claim 6,790 8,380 23,084 3,584 7,255 9,974 17,622 25,797 4,715 25,888 7,957 7,977 4,809 6,921 2,162 43,787 8,937 1,950 18,170 2,316 3,183 47,448 5,587 1,251 1,353 19,621 5,784 12,696 44,257
= Annual earnings 14,678 22,198 43,464 14,799 2,745 30,676 31,504 25,932 15,705 -14,003 26,009 12,079 33,677 2,384 19,533 -12,239 24,566 11,919 41,263 14,196 7,271 45,262 4,323 16,183 4,524 2,491 453 -10,687 -1,852
divided by Unpaid labour input. hours 2,489 3,465 3,910 2,245 2,102 2,867 3,066 1,641 1,635 1,990 1,997 2,013 2,220 2,572 1,432 2,207 2,352 2,781 3,063 2,339 2,489 3,254 3,148 2,347 2,460 2,366 2,133 1,668 3,005
=Hourly earnings 5.9 6.4 11.1 6.6 1.3 10.7 10.3 15.8 9.6 -7.0 13.0 6.0 15.2 0.9 13.6 -5.5 10.4 4.3 13.5 6.1 2.9 13.9 1.4 6.9 1.8 1.1 0.2 -6.4 -0.6
Hourly wage claim 8.4 11.0 11.7 2.7 4.5 7.9 14.2 24.7 7.5 3.5 8.1 15.4 14.2 4.2 4.6 12.1 9.2 4.2 13.8 5.2 6.0 16.6 3.6 4.6 2.1 21.1 4.9 7.2 11.7
* Profitability Ratio 0.77 0.66 0.97 1.91 0.60 1.25 0.80 0.78 1.21 0.36 1.41 0.51 1.06 0.52 2.49 0.45 1.10 1.01 0.98 1.15 0.58 0.91 0.58 1.44 0.90 0.32 0.38 0.08 0.53
= Return on labour 6.5 7.2 11.3 5.1 2.7 9.8 11.4 19.3 9.0 1.3 11.4 7.9 15.0 2.2 11.4 5.4 10.1 4.3 13.6 5.9 3.5 15.2 2.1 6.7 1.9 6.7 1.9 0.6 6.2
Interest rate 2.4 2.0 3.2 3.2 4.5 2.0 2.4 2.4 2.3 23.1 2.4 2.3 1.9 4.8 1.3 4.6 2.6 1.7 2.0 2.2 1.9 2.8 3.2 1.3 3.6 2.4 2.7 2.1 2.7
* Profitability Ratio 0.77 0.66 0.97 1.91 0.60 1.25 0.80 0.78 1.21 0.36 1.41 0.51 1.06 0.52 2.49 0.45 1.10 1.01 0.98 1.15 0.58 0.91 0.58 1.44 0.90 0.32 0.38 0.08 0.53
= Return on asset 1.9 1.3 3.1 6.2 2.7 2.5 1.9 1.9 2.8 8.3 3.4 1.2 2.1 2.5 3.3 2.0 2.8 1.8 1.9 2.5 1.1 2.6 1.9 1.9 3.2 0.8 1.0 0.2 1.4