Pig Farms

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. October 6, 2025

Financial Ratios	Pig Farms
Financial Ratios	Average	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024E	2025E
Farms represented	4 320	710	600	470	440	330	380	410	320	230	210	210
Farms in sample	170<n<180	20<n<30	20<n<30	11<n<20	11<n<20	11<n<20	11<n<20	11<n<20	11<n<20	5<n<10	5<n<10	5<n<10
Arable land	113.8	105.4	106.6	125.2	105.3	117.7	113.2	105.5	117.6	127.9	129.7	129.7
Livestock Units	280.6	231.3	247.5	269.5	219.3	284.4	280.9	353.0	328.6	348.8	338.5	338.5
Entrepreneurial Profit	-41 600	-27 500	-40 400	-6 270	-44 100	-36 500	-16 700	-29 900	-48 600	-111 100	-97 700	-98 900
+ Wages Claim	54 900	52 000	51 800	59 200	56 100	63 800	58 400	45 600	49 100	57 800	59 800	60 800
+ Interest Claim	35 900	31 200	28 100	28 200	28 500	29 500	29 700	29 800	41 100	66 300	67 000	67 000
Farm Net Income	49 800	55 700	39 400	81 100	41 700	58 500	72 600	46 500	42 800	14 200	29 100	28 900
Profitability Ratio	0.54	0.65	0.48	0.90	0.47	0.59	0.81	0.61	0.47	0.11	0.23	0.23
Return on hour of family work	8.6	10.2	7.6	14.1	7.6	9.5	13.0	9.8	7.6	1.9	3.9	4.0
Return on equity %	1.9	2.7	1.3	3.1	1.7	2.3	2.8	1.5	1.4	0.7	1.3	1.2
Farm Net Income	49 800	55 700	39 400	81 100	41 700	58 500	72 600	46 500	42 800	14 200	29 100	28 900
- Interest Claim	-36 500	-31 200	-28 000	-28 200	-29 700	-31 200	-31 000	-30 800	-42 300	-67 600	-66 900	-66 900
=Earnings	13 900	24 400	11 400	52 900	13 200	28 900	42 900	16 800	1 630	-52 100	-37 900	-38 100
Hours of family work	3 420	3 330	3 270	3 760	3 500	3 980	3 640	2 840	3 040	3 430	3 470	3 470
=Hourly earnings	4.1	7.3	3.5	14.0	3.8	7.3	11.8	5.9	0.5	-15.2	-10.9	-11.0
Equity	966 900	889 000	831 300	1 076 000	789 200	784 900	909 200	989 600	1 099 000	1 261 000	1 266 000	1 266 000
Total assets	1 329 000	1 142 000	1 084 000	1 268 000	1 088 000	1 129 000	1 164 000	1 383 000	1 852 000	1 879 000	1 866 000	1 866 000
Equity ratio	72.7	77.8	76.7	84.8	72.6	69.5	78.1	71.6	59.4	67.1	67.8	67.8
Net Result	4 690	10 700	-5 400	26 900	-7 530	2 330	19 500	10 000	9 770	-21 400	-7 950	-10 300
Total assets	1 312 000	1 122 000	1 090 000	1 253 000	1 066 000	1 107 000	1 148 000	1 353 000	1 817 000	1 866 000	1 854 000	1 854 000
Return on assets %	0.4	1.0	-0.5	2.1	-0.7	0.2	1.7	0.7	0.5	-1.1	-0.4	-0.6
Standard Output. euro per farm	419 700	289 600	304 600	361 600	316 200	476 100	530 800	580 800	482 600	551 100	552 900	552 900
Farm Net Income per FWU	29 100	33 000	24 500	42 200	23 400	30 600	39 400	32 200	28 000	8 340	17 000	16 900
Farm Net Income per FWU	29 100	33 000	24 500	42 200	23 400	30 600	39 400	32 200	28 000	8 340	17 000	16 900