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             2015
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 4639800 88,450 28,760 96,680 10,920 18,010 180,230 25,910 7,630 338,440 437,080 34,420 287,260 72,480 109,490 93,230 561,370 62,520 1,540 24,970 3,110 46,790 739,290 106,830 1085600 27,820 45,890 4,120 100,950
Farms in sample 80,000-90,000 2,000-3,000 1,000-2,000 2,000-3,000 200-500 1,000-2,000 8,000-9,000 1,000-2,000 500-1,000 4,000-5,000 8,000-9,000 500-1,000 7,000-8,000 1,000-2,000 1,000-2,000 500-1,000 9,000-10,000 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 4,000-5,000 1,000-2,000 500-1,000 500-1,000 2,000-3,000
Arable land 34,4 29,0 51,2 44,5 10,3 188,3 89,7 103,4 137,2 9,9 46,2 63,8 89,0 15,6 47,2 48,0 20,7 47,5 84,3 69,0 2,6 38,9 19,1 23,5 8,8 106,6 10,2 458,7 159,6
Livestock Units 27,0 25,2 129,8 13,5 8,0 83,6 89,6 153,9 36,6 6,0 31,3 30,0 75,4 9,3 20,3 58,9 18,3 11,5 117,7 22,3 14,0 147,9 11,7 14,7 4,3 61,4 10,1 132,0 128,4
Farm Net Income 17,618 21,435 46,910 10,627 7,151 37,852 31,499 14,347 7,526 10,515 30,155 17,895 36,823 6,986 17,457 26,844 32,784 13,044 55,970 14,052 11,297 66,823 8,039 16,621 3,502 15,719 5,004 23,898 26,247
divided by (Wage Claim 19,443 31,813 41,849 4,911 9,595 19,775 41,102 36,162 11,922 6,619 15,967 30,585 31,650 7,862 5,867 24,848 21,157 10,585 37,529 10,585 13,396 53,498 9,996 10,353 4,621 49,008 10,151 9,741 37,108
+ Interest claim) 7,306 8,580 18,991 3,389 10,239 9,738 19,084 26,999 5,013 12,834 8,977 8,209 6,235 8,863 2,937 46,278 9,923 1,676 18,917 2,263 8,866 48,480 5,274 1,827 1,141 15,023 6,378 14,162 49,761
= Profitability Ratio 0.66 0.53 0.77 1.28 0.36 1.28 0.52 0.23 0.44 0.54 1.21 0.46 0.97 0.42 1.98 0.38 1.05 1.06 0.99 1.09 0.51 0.66 0.53 1.36 0.61 0.25 0.30 1.00 0.30
Farm Net Income 17,618 21,435 46,910 10,627 7,151 37,852 31,499 14,347 7,526 10,515 30,155 17,895 36,823 6,986 17,457 26,844 32,784 13,044 55,970 14,052 11,297 66,823 8,039 16,621 3,502 15,719 5,004 23,898 26,247
- Wage Claim 19,443 31,813 41,849 4,911 9,595 19,775 41,102 36,162 11,922 6,619 15,967 30,585 31,650 7,862 5,867 24,848 21,157 10,585 37,529 10,585 13,396 53,498 9,996 10,353 4,621 49,008 10,151 9,741 37,108
= Net Profit -1,825 -10,378 5,061 5,716 -2,444 18,077 -9,603 -21,815 -4,396 3,896 14,188 -12,690 5,173 -876 11,590 1,996 11,627 2,459 18,441 3,467 -2,099 13,325 -1,957 6,268 -1,119 -33,289 -5,147 14,157 -10,861
divided by Net Worth 271,636 389,865 520,802 85,719 147,094 438,032 708,596 1077178 200,267 124,060 304,940 358,084 256,059 150,679 144,005 957,605 347,576 93,966 912,208 103,484 168,020 1624628 163,600 99,405 33,008 675,861 213,448 656,811 1769125
= Return on Equity -0.7 -2.7 1.0 6.7 -1.7 4.1 -1.4 -2.0 -2.2 3.1 4.7 -3.5 2.0 -0.6 8.0 0.2 3.3 2.6 2.0 3.4 -1.2 0.8 -1.2 6.3 -3.4 -4.9 -2.4 2.2 -0.6
Farm Net Income 17,618 21,435 46,910 10,627 7,151 37,852 31,499 14,347 7,526 10,515 30,155 17,895 36,823 6,986 17,457 26,844 32,784 13,044 55,970 14,052 11,297 66,823 8,039 16,621 3,502 15,719 5,004 23,898 26,247
- Interest claim 7,306 8,580 18,991 3,389 10,239 9,738 19,084 26,999 5,013 12,834 8,977 8,209 6,235 8,863 2,937 46,278 9,923 1,676 18,917 2,263 8,866 48,480 5,274 1,827 1,141 15,023 6,378 14,162 49,761
= Annual earnings 10,312 12,855 27,919 7,238 -3,088 28,114 12,415 -12,652 2,513 -2,319 21,178 9,686 30,588 -1,877 14,520 -19,434 22,861 11,368 37,053 11,789 2,431 18,343 2,765 14,794 2,361 696 -1,374 9,736 -23,514
divided by Unpaid labour input. hours 2,493 3,250 3,843 2,188 2,248 2,939 3,106 1,541 1,718 2,118 2,090 2,067 2,266 2,617 1,416 2,290 2,291 2,979 3,085 2,351 2,530 3,312 3,140 2,364 2,399 2,405 2,297 1,566 2,977
=Hourly earnings 4.1 4.0 7.3 3.3 -1.4 9.6 4.0 -8.2 1.5 -1.1 10.1 4.7 13.5 -0.7 10.3 -8.5 10.0 3.8 12.0 5.0 1.0 5.5 0.9 6.3 1.0 0.3 -0.6 6.2 -7.9
Hourly wage claim 7.8 9.8 10.9 2.2 4.3 6.7 13.2 23.5 6.9 3.1 7.6 14.8 14.0 3.0 4.1 10.9 9.2 3.6 12.2 4.5 5.3 16.2 3.2 4.4 1.9 20.4 4.4 6.2 12.5
* Profitability Ratio 0.66 0.53 0.77 1.28 0.36 1.28 0.52 0.23 0.44 0.54 1.21 0.46 0.97 0.42 1.98 0.38 1.05 1.06 0.99 1.09 0.51 0.66 0.53 1.36 0.61 0.25 0.30 1.00 0.30
= Return on labour 5.1 5.2 8.4 2.9 1.5 8.6 6.9 5.3 3.1 1.7 9.2 6.8 13.6 1.3 8.2 4.1 9.7 3.8 12.1 4.9 2.7 10.6 1.7 6.0 1.2 5.0 1.3 6.2 3.8
Interest rate 2.7 2.2 3.6 4.0 7.0 2.2 2.7 2.5 2.5 10.3 2.9 2.3 2.4 5.9 2.0 4.8 2.9 1.8 2.1 2.2 5.3 3.0 3.2 1.8 3.5 2.2 3.0 2.2 2.8
* Profitability Ratio 0.66 0.53 0.77 1.28 0.36 1.28 0.52 0.23 0.44 0.54 1.21 0.46 0.97 0.42 1.98 0.38 1.05 1.06 0.99 1.09 0.51 0.66 0.53 1.36 0.61 0.25 0.30 1.00 0.30
= Return on asset 1.8 1.2 2.8 5.1 2.5 2.9 1.4 0.6 1.1 5.6 3.6 1.1 2.4 2.5 4.0 1.8 3.0 1.9 2.1 2.4 2.7 2.0 1.7 2.5 2.1 0.5 0.9 2.2 0.8