Financial Ratios

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

Financial Ratios	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025e. 53 % ready	2026E	2027E
Farms represented	25 100	24 700	24 200	25 700	27 700	27 200	26 700	25 900	24 800	23 500	22 700	22 700	22 700
Farms in sample	760-770	750-760	720-730	700-710	700-710	690-700	660-670	630-640	1100-1110	530-540	530-540	530-540	530-540
Arable land	72.0	73.6	74.8	69.4	74.5	77.6	79.4	82.0	85.7	89.5	89.5	90.0	90.0
Livestock Units	34.8	35.0	34.4	28.7	32.3	35.6	35.4	33.9	30.1	28.6	28.4	28.6	28.6
Entrepreneurial Profit	-33 100	-36 700	-27 000	-27 600	-26 500	-22 300	-17 200	530	-43 500	-57 700	-43 700	-53 300	-56 200
+ Wages Claim	35 800	35 400	33 800	34 800	32 600	32 300	31 500	31 700	31 400	32 100	32 100	32 800	33 300
+ Interest Claim	17 500	15 700	14 400	13 900	15 800	15 500	15 300	16 600	26 400	35 800	35 600	35 800	36 100
Farm Net Income	20 200	14 400	21 300	21 300	22 000	25 600	29 600	49 000	14 400	10 200	24 100	15 300	13 200
Profitability Ratio	0.37	0.27	0.42	0.42	0.44	0.51	0.61	0.98	0.24	0.14	0.34	0.21	0.18
Return on hour of family work	5.7	4.3	6.6	6.7	7.0	8.2	9.8	15.7	3.9	2.4	5.9	3.8	3.3
Return on equity %	1.8	1.1	1.7	1.7	1.9	2.3	2.3	3.7	1.2	1.0	2.4	1.4	1.3
Farm Net Income	20 200	14 400	21 300	21 300	22 000	25 600	29 600	49 000	14 400	10 200	24 100	15 300	13 200
- Interest Claim	-17 500	-15 700	-14 400	-14 000	-15 800	-15 500	-15 300	-16 600	-26 500	-35 800	-35 600	-35 700	-36 100
=Earnings	2 720	-1 300	6 840	7 260	6 160	10 100	14 300	32 400	-12 000	-25 500	-11 500	-20 400	-22 900
Hours of family work	2 290	2 240	2 160	2 180	2 040	2 020	1 970	1 970	1 870	1 870	1 840	1 850	1 850
=Hourly earnings	1.2	-0.6	3.2	3.3	3.0	5.0	7.3	16.4	-6.2	-13.7	-6.3	-11.1	-12.4
Equity	408 700	401 600	414 700	385 300	410 700	428 900	450 400	507 200	507 100	518 700	528 300	530 800	530 800
Total assets	569 200	573 100	588 900	530 800	579 300	603 000	627 400	690 100	679 700	695 500	703 400	705 800	705 800
Equity ratio	71.8	70.1	70.4	72.6	70.9	71.1	71.8	73.5	74.6	74.6	75.1	75.2	75.2
Net Result	-11 600	-16 800	-8 440	-9 830	-6 850	-2 880	2 090	21 200	-10 500	-12 900	-40	-8 940	-11 100
Total assets	562 700	571 800	580 600	524 600	569 000	593 800	611 700	663 100	680 600	696 000	701 400	703 800	703 800
Return on assets %	-2.1	-2.9	-1.5	-1.9	-1.2	-0.5	0.3	3.2	-1.6	-1.9	-0.0	-1.3	-1.6
Standard Output. euro per farm	114 600	115 100	113 600	118 500	128 600	136 600	135 500	135 800	133 600	135 100	132 900	133 600	133 600
Farm Net Income per FWU	18 700	13 600	21 000	20 700	22 900	27 000	31 900	52 500	16 500	11 400	27 200	17 200	14 900