Sheep, goats and other grazing livestock

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. March 19, 2026
        Financial  Ratios           Sheep and Goats
Average
    2015         2016         2017         2018         2019         2020         2021         2022         2023         2024E         2025E    
Farms represented 3 810 190 340 380 370 400 380 390 370 340 330 310
Farms in sample 130<n<140 5<n<10 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20 11<n<20
Arable land 59.8 49.4 50.2 57.4 63.6 59.2 62.5 63.7 62.6 62.5 60.3 60.9
Livestock Units 24.8 28.9 21.9 25.2 27.4 26.5 23.6 23.7 25.0 24.6 23.5 24.0
Entrepreneurial Profit <!-- 1 --> <!-- 1 --> -33 000 -31 600 -39 400 -45 000 -35 500 -35 600 -20 800 -28 400 -14 500 -41 000 -31 900 -41 700
        + Wages Claim <!-- 2 --> <!-- 1 --> 39 700 32 300 32 200 37 500 33 700 37 800 35 900 38 900 45 000 46 600 47 300 48 600
        + Interest Claim <!-- 3 --> <!-- 1 --> 12 000 12 900 9 870 9 760 11 600 12 100 8 940 9 510 10 100 17 100 16 500 15 800
Farm Net Income <!-- 4 --> <!-- 1 --> 18 700 13 800 2 860 2 310 9 730 14 200 24 000 20 000 40 700 22 800 31 800 22 600
Profitability Ratio <!-- 5 --> <!-- 1 --> 0.34 0.29 0.06 0.04 0.20 0.26 0.52 0.40 0.72 0.34 0.48 0.34
        Return on hour of family work <!-- 6 --> <!-- 1 --> 5.6 4.4 0.9 0.7 3.2 4.2 8.3 6.4 11.6 5.7 8.2 5.9
        Return on equity % <!-- 7 --> <!-- 1 --> 1.3 1.9 -0.8 -0.1 0.4 0.6 1.5 1.0 2.4 2.1 3.0 1.9
Farm Net Income <!-- 8 --> <!-- 1 --> 18 700 13 800 2 860 2 310 9 730 14 200 24 000 20 000 40 700 22 800 31 800 22 600
        - Interest Claim <!-- 9 --> <!-- 1 --> -12 000 -12 800 -9 900 -9 780 -11 600 -12 000 -8 950 -9 520 -10 100 -17 100 -16 400 -15 700
=Earnings <!-- 10 --> <!-- 1 --> 6 700 920 -7 030 -7 470 -1 900 2 150 15 000 10 500 30 600 5 690 15 400 6 810
        Hours of family work <!-- 11 --> <!-- 1 --> 2 440 2 080 2 050 2 390 2 100 2 360 2 240 2 420 2 800 2 780 2 740 2 770
=Hourly earnings <!-- 12 --> <!-- 1 --> 2.7 0.4 -3.4 -3.1 -0.9 0.9 6.7 4.3 10.9 2.0 5.6 2.5
Equity <!-- 13 --> <!-- 1 --> 251 600 271 700 206 900 217 700 233 400 261 800 262 100 240 100 265 800 283 300 275 000 262 200
        Total assets <!-- 14 --> <!-- 1 --> 406 800 365 900 360 800 382 800 399 800 413 500 374 300 425 500 434 700 445 700 429 600 427 100
Equity ratio <!-- 15 --> <!-- 1 --> 61.8 74.3 57.3 56.9 58.4 63.3 70.0 56.4 61.1 63.6 64.0 61.4
Net Result <!-- 16 --> <!-- 1 --> -16 500 -16 500 -25 800 -31 100 -19 900 -19 600 -8 640 -15 000 -520 -17 500 -8 930 -18 900
        Total assets <!-- 17 --> <!-- 1 --> 404 700 359 400 368 600 384 400 400 100 412 200 377 200 405 900 433 400 443 600 426 500 424 400
Return on assets % <!-- 18 --> <!-- 1 --> -4.1 -4.6 -7.0 -8.1 -5.0 -4.8 -2.3 -3.7 -0.1 -4.0 -2.1 -4.5
Standard Output. euro per farm <!-- 19 --> <!-- 1 --> 60 400 56 000 46 500 52 400 53 600 65 400 65 800 65 700 63 900 65 900 62 100 64 200
Farm Net Income per FWU <!-- 20 --> <!-- 1 --> 15 100 13 800 2 870 2 050 8 870 11 600 21 300 16 100 28 600 15 700 22 100 15 600
Farm Net Income per FWU <!-- 20 --> <!-- 1 --> 15 100 13 800 2 870 2 050 8 870 11 600 21 300 16 100 28 600 15 700 22 100 15 600