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/. October 31, 2025
            Financial  Ratios             2020
EU27-2020 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 3574380 3674616 65,812 27,650 56,964 11,118 14,212 158,309 18,126 6,945 268,036 457,329 32,106 268,609 67,578 102,748 90,694 535,303 54,175 1,352 22,254 1,914 43,312 693,510 116,918 388,523 27,576 38,841 4,466 100,236
Farms in sample 70,000-80,000 80,000-90,000 1,000-2,000 500-1,000 2,000-3,000 200-500 1,000-2,000 8,000-9,000 1,000-2,000 500-1,000 3,000-4,000 9,000-10,000 500-1,000 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 1,000-2,000 4,000-5,000 1,000-2,000 500-1,000 500-1,000 2,000-3,000
Arable land 40,3 43,5 34,4 54,4 77,7 12,0 250,5 102,3 149,3 153,1 9,9 44,2 71,6 93,0 16,0 52,6 49,1 22,6 52,0 91,9 74,3 2,9 40,7 21,8 24,0 24,9 105,1 11,4 414,7 154,3
Livestock Units 31,9 34,5 30,9 138,8 24,0 16,2 109,3 94,2 224,3 41,2 7,3 40,2 30,0 76,1 8,2 21,8 68,9 17,3 12,4 120,6 24,5 21,5 157,9 14,0 13,1 8,8 60,3 11,7 134,2 127,0
Farm Net Income 26,495 26,970 33,635 65,332 21,740 16,051 55,633 39,958 106,423 23,831 12,063 40,096 25,452 39,005 11,950 29,340 27,178 37,173 20,878 65,482 20,443 14,683 89,888 12,145 14,797 10,416 24,813 7,628 51,001 43,931
divided by (Wage Claim 22,127 22,786 37,152 46,832 7,651 8,611 26,693 47,903 46,215 14,484 7,432 17,165 30,582 31,804 11,287 7,129 29,692 23,895 15,147 38,066 13,996 18,454 64,506 13,650 11,769 6,547 50,392 12,158 14,311 38,017
+ Interest claim) 6,457 7,447 7,464 17,638 3,402 6,338 13,694 15,937 27,892 6,629 3,829 7,475 8,793 3,946 4,282 2,183 45,171 10,010 2,496 18,812 3,585 3,451 49,976 5,923 1,203 4,006 19,482 7,017 14,593 46,416
= Profitability Ratio 0.93 0.89 0.75 1.01 1.97 1.07 1.38 0.63 1.44 1.13 1.07 1.63 0.65 1.09 0.77 3.15 0.36 1.10 1.18 1.15 1.16 0.67 0.79 0.62 1.14 0.99 0.36 0.40 1.76 0.52
Farm Net Income 26,495 26,970 33,635 65,332 21,740 16,051 55,633 39,958 106,423 23,831 12,063 40,096 25,452 39,005 11,950 29,340 27,178 37,173 20,878 65,482 20,443 14,683 89,888 12,145 14,797 10,416 24,813 7,628 51,001 43,931
- Wage Claim 22,127 22,786 37,152 46,832 7,651 8,611 26,693 47,903 46,215 14,484 7,432 17,165 30,582 31,804 11,287 7,129 29,692 23,895 15,147 38,066 13,996 18,454 64,506 13,650 11,769 6,547 50,392 12,158 14,311 38,017
= Net Profit 4,368 4,184 -3,517 18,500 14,089 7,440 28,940 -7,945 60,208 9,347 4,631 22,931 -5,130 7,201 663 22,211 -2,514 13,278 5,731 27,416 6,447 -3,771 25,382 -1,505 3,028 3,869 -25,579 -4,530 36,690 5,914
divided by Net Worth 326,039 368,943 517,687 799,885 136,726 161,821 675,914 804,140 1419286 265,925 112,962 366,225 388,431 278,172 132,279 206,883 1003835 397,596 116,740 1090931 140,253 257,484 2217489 193,347 89,210 67,842 885,330 263,427 700,709 1898860
= Return on Equity 1.3 1.1 -0.7 2.3 10.3 4.6 4.3 -1.0 4.2 3.5 4.1 6.3 -1.3 2.6 0.5 10.7 -0.3 3.3 4.9 2.5 4.6 -1.5 1.1 -0.8 3.4 5.7 -2.9 -1.7 5.2 0.3
Farm Net Income 26,495 26,970 33,635 65,332 21,740 16,051 55,633 39,958 106,423 23,831 12,063 40,096 25,452 39,005 11,950 29,340 27,178 37,173 20,878 65,482 20,443 14,683 89,888 12,145 14,797 10,416 24,813 7,628 51,001 43,931
- Interest claim 6,457 7,447 7,464 17,638 3,402 6,338 13,694 15,937 27,892 6,629 3,829 7,475 8,793 3,946 4,282 2,183 45,171 10,010 2,496 18,812 3,585 3,451 49,976 5,923 1,203 4,006 19,482 7,017 14,593 46,416
= Annual earnings 20,038 19,523 26,171 47,694 18,338 9,713 41,939 24,021 78,531 17,202 8,234 32,621 16,659 35,059 7,668 27,157 -17,993 27,163 18,382 46,670 16,858 11,232 39,912 6,222 13,594 6,410 5,331 611 36,408 -2,485
divided by Unpaid labour input. hours 2,445 2,460 3,090 3,807 2,201 2,085 2,874 3,086 1,762 1,544 1,985 1,931 1,862 2,233 2,454 1,319 2,230 2,354 2,569 2,718 2,183 2,736 3,442 2,996 2,073 2,717 2,328 2,042 1,558 2,988
=Hourly earnings 8.2 7.9 8.5 12.5 8.3 4.7 14.6 7.8 44.6 11.1 4.1 16.9 8.9 15.7 3.1 20.6 -8.1 11.5 7.2 17.2 7.7 4.1 11.6 2.1 6.6 2.4 2.3 0.3 23.4 -0.8
Hourly wage claim 9.1 9.3 12.0 12.3 3.5 4.1 9.3 15.5 26.2 9.4 3.7 8.9 16.4 14.2 4.6 5.4 13.3 10.2 5.9 14.0 6.4 6.7 18.7 4.6 5.7 2.4 21.6 6.0 9.2 12.7
* Profitability Ratio 0.93 0.89 0.75 1.01 1.97 1.07 1.38 0.63 1.44 1.13 1.07 1.63 0.65 1.09 0.77 3.15 0.36 1.10 1.18 1.15 1.16 0.67 0.79 0.62 1.14 0.99 0.36 0.40 1.76 0.52
= Return on labour 8.4 8.3 9.1 12.5 6.8 4.4 12.8 9.7 37.7 10.6 4.0 14.5 10.6 15.5 3.5 17.0 4.8 11.1 7.0 16.1 7.5 4.5 14.7 2.8 6.5 2.4 7.7 2.4 16.2 6.6
Interest rate 2.0 2.0 1.4 2.2 2.5 3.9 2.0 2.0 2.0 2.5 3.4 2.0 2.3 1.4 3.2 1.1 4.5 2.5 2.1 1.7 2.6 1.3 2.3 3.1 1.3 5.9 2.2 2.7 2.1 2.4
* Profitability Ratio 0.93 0.89 0.75 1.01 1.97 1.07 1.38 0.63 1.44 1.13 1.07 1.63 0.65 1.09 0.77 3.15 0.36 1.10 1.18 1.15 1.16 0.67 0.79 0.62 1.14 0.99 0.36 0.40 1.76 0.52
= Return on asset 1.8 1.8 1.1 2.2 4.9 4.2 2.8 1.2 2.8 2.8 3.6 3.3 1.5 1.5 2.5 3.3 1.6 2.8 2.5 2.0 3.0 0.9 1.8 1.9 1.5 5.8 0.8 1.1 3.7 1.3