Dairy Farms

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. April 20, 2026
        Financial  Ratios           Dairy Farms
    2015         2016         2017         2018         2019         2020         2021         2022         2023         2024         2025E    
Farms represented 6 210 5 840 5 360 6 220 5 700 5 340 4 970 4 560 4 200 3 850 3 540
Farms in sample 280-290 260-270 250-260 230-240 220-230 200-210 190-200 180-190 170-180 150-160 150-160
Arable land 68.0 70.5 74.3 77.0 82.3 88.5 95.4 99.8 114.1 117.0 121.2
Livestock Units 56.0 59.4 59.7 62.8 66.7 68.4 73.1 77.6 83.8 85.2 0.0
Entrepreneurial Profit -50 600 -55 800 -42 700 -52 600 -46 300 -34 700 -31 200 -4 640 -45 400 -92 700 -48 900
        + Wages Claim 63 300 65 900 63 200 64 600 64 900 64 700 65 600 67 300 73 300 70 900 72 700
        + Interest Claim 18 200 16 200 15 300 16 800 18 600 17 800 18 400 21 700 39 200 51 200 53 500
Farm Net Income 30 800 26 200 35 700 28 800 37 200 47 700 52 900 84 400 67 400 29 400 77 200
Profitability Ratio 0.37 0.32 0.45 0.35 0.44 0.57 0.62 0.94 0.59 0.24 0.60
        Return on hour of family work 5.8 5.0 7.1 5.6 7.0 9.1 9.9 15.1 9.9 4.1 10.5
        Return on equity % 1.6 1.2 1.6 1.3 1.7 2.2 2.2 3.4 3.2 1.6 4.2
Farm Net Income 30 800 26 200 35 700 28 800 37 200 47 700 52 900 84 400 67 400 29 400 77 200
        - Interest Claim -18 100 -16 200 -15 300 -16 800 -18 500 -17 700 -18 400 -21 600 -39 200 -51 200 -53 400
=Earnings 12 600 10 000 20 400 12 000 18 600 29 900 34 400 62 700 28 200 -21 800 23 700
        Hours of family work 4 050 4 160 4 020 4 030 4 050 4 040 4 100 4 180 4 360 4 120 4 150
=Hourly earnings 3.1 2.4 5.1 3.0 4.6 7.4 8.4 15.0 6.5 -5.3 5.7
Equity 425 500 421 300 448 300 453 000 476 000 508 700 568 100 671 800 753 900 760 500 790 100
        Total assets 658 300 661 800 704 300 722 600 767 100 828 800 900 600 1 020 000 1 123 000 1 132 000 1 186 000
Equity ratio 64.6 63.7 63.7 62.7 62.1 61.4 63.1 65.9 67.2 67.2 66.6
Net Result -27 300 -34 100 -21 800 -29 200 -21 400 -10 300 -5 480 24 800 7 550 -23 200 23 900
        Total assets 657 600 664 000 685 400 716 600 757 000 805 200 876 000 978 300 1 111 000 1 132 000 1 185 000
Return on assets % -4.2 -5.1 -3.2 -4.1 -2.8 -1.3 -0.6 2.5 0.7 -2.1 2.0
Standard Output. euro per farm 158 700 168 600 171 800 181 500 224 300 233 900 248 900 265 200 289 600 294 500 308 000
Farm Net Income per FWU 17 600 14 500 21 000 16 700 21 400 27 900 30 700 48 500 36 600 16 500 43 000