Sheep, goats and other grazing livestock

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. April 9, 2026
        Financial  Ratios           Sheep and Goats
    2015         2016         2017         2018         2019         2020         2021         2022         2023         2024         2025E    
Farms represented 190 340 380 370 400 380 390 370 340 330 310
Farms in sample 5-10 11-20 11-20 11-20 11-20 11-20 11-20 11-20 11-20 11-20 11-20
Arable land 49.4 50.2 57.4 63.6 59.2 62.5 63.7 62.6 62.5 64.0 64.5
Livestock Units 28.9 21.9 25.2 27.4 26.5 23.6 23.7 25.0 24.6 22.3 0.0
Entrepreneurial Profit -31 600 -39 400 -45 000 -35 500 -35 600 -20 800 -28 400 -14 500 -41 000 -58 300 -56 200
        + Wages Claim 32 300 32 200 37 500 33 700 37 800 35 900 38 900 45 000 46 600 47 200 48 900
        + Interest Claim 12 900 9 870 9 760 11 600 12 100 8 940 9 510 10 100 17 100 21 800 20 900
Farm Net Income 13 800 2 860 2 310 9 730 14 200 24 000 20 000 40 700 22 800 10 900 13 500
Profitability Ratio 0.29 0.06 0.04 0.20 0.26 0.52 0.40 0.72 0.34 0.15 0.18
        Return on hour of family work 4.4 0.9 0.7 3.2 4.2 8.3 6.4 11.6 5.7 2.6 3.2
        Return on equity % 1.9 -0.8 -0.1 0.4 0.6 1.5 1.0 2.4 2.1 0.7 1.1
Farm Net Income 13 800 2 860 2 310 9 730 14 200 24 000 20 000 40 700 22 800 10 900 13 500
        - Interest Claim -12 800 -9 900 -9 780 -11 600 -12 000 -8 950 -9 520 -10 100 -17 100 -21 800 -20 900
=Earnings 920 -7 030 -7 470 -1 900 2 150 15 000 10 500 30 600 5 690 -10 900 -7 420
        Hours of family work 2 080 2 050 2 390 2 100 2 360 2 240 2 420 2 800 2 780 2 750 2 790
=Hourly earnings 0.4 -3.4 -3.1 -0.9 0.9 6.7 4.3 10.9 2.0 -4.0 -2.7
Equity 271 700 206 900 217 700 233 400 261 800 262 100 240 100 265 800 283 300 297 300 286 000
        Total assets 365 900 360 800 382 800 399 800 413 500 374 300 425 500 434 700 445 700 434 400 432 900
Equity ratio 74.3 57.3 56.9 58.4 63.3 70.0 56.4 61.1 63.6 68.4 66.1
Net Result -16 500 -25 800 -31 100 -19 900 -19 600 -8 640 -15 000 -520 -17 500 -29 700 -28 000
        Total assets 359 400 368 600 384 400 400 100 412 200 377 200 405 900 433 400 443 600 432 100 430 000
Return on assets % -4.6 -7.0 -8.1 -5.0 -4.8 -2.3 -3.7 -0.1 -4.0 -6.9 -6.5
Standard Output. euro per farm 56 000 46 500 52 400 53 600 65 400 65 800 65 700 63 900 65 900 61 400 63 500
Farm Net Income per FWU 13 800 2 870 2 050 8 870 11 600 21 300 16 100 28 600 15 700 7 650 9 360