Financial Ratios

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. March 20, 2026

Financial Ratios	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024E	2025E
Farms represented	25 100	24 700	24 200	25 600	27 700	27 200	26 700	25 900	24 800	23 900	23 200
Farms in sample	760<n<770	750<n<760	720<n<730	680<n<690	700<n<710	690<n<700	660<n<670	630<n<640	590<n<600	580<n<590	580<n<590
Arable land	72.0	73.6	74.8	77.8	74.5	77.6	79.4	81.9	86.6	88.2	89.3
Livestock Units	34.8	35.0	34.4	32.3	32.3	35.6	35.4	33.8	30.4	30.6	30.5
Entrepreneurial Profit	-33 100	-36 700	-27 000	-28 000	-26 500	-22 300	-17 200	500	-42 900	-39 400	-30 300
+ Wages Claim	35 800	35 400	33 800	34 900	32 600	32 300	31 500	31 700	32 200	32 800	33 100
+ Interest Claim	17 500	15 700	14 400	15 400	15 800	15 500	15 200	16 500	27 100	27 400	27 700
Farm Net Income	20 200	14 400	21 300	22 400	22 000	25 600	29 600	49 000	16 700	20 800	30 400
Profitability Ratio	0.37	0.27	0.42	0.43	0.44	0.51	0.61	0.98	0.27	0.33	0.47
Return on hour of family work	5.7	4.3	6.6	6.8	7.0	8.2	9.8	15.7	4.4	5.6	8.3
Return on equity %	1.8	1.1	1.7	1.7	1.9	2.3	2.3	3.7	1.6	2.0	3.0
Farm Net Income	20 200	14 400	21 300	22 400	22 000	25 600	29 600	49 000	16 700	20 800	30 400
- Interest Claim	-17 500	-15 700	-14 400	-15 400	-15 800	-15 500	-15 200	-16 600	-27 200	-27 400	-27 700
=Earnings	2 720	-1 300	6 840	7 000	6 160	10 100	14 300	32 400	-10 400	-6 680	2 670
Hours of family work	2 290	2 240	2 160	2 190	2 040	2 020	1 970	1 970	1 920	1 900	1 890
=Hourly earnings	1.2	-0.6	3.2	3.2	3.0	5.0	7.3	16.4	-5.4	-3.5	1.4
Equity	408 700	401 600	414 700	417 200	410 700	428 900	450 600	506 700	518 900	524 600	529 600
Total assets	569 200	573 100	588 900	592 000	579 300	603 000	627 500	689 900	695 600	704 400	712 000
Equity ratio	71.8	70.1	70.4	70.5	70.9	71.1	71.8	73.4	74.6	74.5	74.4
Net Result	-11 600	-16 800	-8 440	-8 130	-6 850	-2 880	2 080	21 200	-8 960	-4 610	4 930
Total assets	562 700	571 800	580 600	585 900	569 000	593 800	611 700	662 900	695 900	704 600	712 300
Return on assets %	-2.1	-2.9	-1.5	-1.4	-1.2	-0.5	0.3	3.2	-1.3	-0.7	0.7
Standard Output. euro per farm	114 600	115 100	113 600	111 600	128 600	136 600	135 500	135 800	139 100	141 400	142 300
Farm Net Income per FWU	18 700	13 600	21 000	21 700	22 900	27 000	31 900	52 500	18 100	22 800	33 600