Sheep, goats and other grazing livestock

SAS Output Economydoctor. Agriculture and Horticulture. taloustohtori.luke.fi/en/. Data: Luke Profitability bookkeeping results. October 6, 2025
        Financial  Ratios           Sheep and Goats
Average
    2015         2016         2017         2018         2019         2020         2021         2022         2023         2024E         2025E    
Farms represented 3 820 200 340 390 360 390 370 390 380 340 330 330
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 60.0 49.2 50.3 57.4 63.1 58.8 62.1 64.4 63.8 63.8 61.0 61.0
Livestock Units 24.7 28.7 21.7 25.2 27.2 26.1 23.2 23.9 25.4 25.0 23.6 23.6
Entrepreneurial Profit -32 000 -30 700 -38 600 -44 900 -36 000 -36 200 -20 000 -27 500 -13 800 -41 400 -35 600 -28 300
        + Wages Claim 39 400 32 100 32 000 37 500 33 600 37 500 35 300 38 400 44 400 46 200 46 800 47 600
        + Interest Claim 12 100 12 600 9 670 9 650 11 500 12 000 8 750 9 710 10 500 17 500 16 200 16 200
Farm Net Income 19 400 14 300 3 290 2 270 9 060 13 300 23 900 20 600 41 100 22 500 27 300 35 500
Profitability Ratio 0.36 0.30 0.07 0.04 0.19 0.24 0.53 0.42 0.73 0.34 0.41 0.53
        Return on hour of family work 5.9 4.6 1.1 0.7 3.0 3.9 8.4 6.7 11.8 5.7 7.1 9.3
        Return on equity % 1.5 2.0 -0.7 -0.1 0.3 0.5 1.5 1.1 2.4 2.1 2.6 3.6
Farm Net Income 19 400 14 300 3 290 2 270 9 060 13 300 23 900 20 600 41 100 22 500 27 300 35 500
        - Interest Claim -12 000 -12 600 -9 710 -9 680 -11 500 -12 000 -8 750 -9 720 -10 400 -17 500 -16 200 -16 200
=Earnings 7 350 1 710 -6 410 -7 410 -2 470 1 310 15 200 10 900 30 600 4 930 11 100 19 300
        Hours of family work 2 420 2 080 2 040 2 390 2 100 2 340 2 200 2 400 2 760 2 750 2 720 2 720
=Hourly earnings 3.0 0.8 -3.1 -3.1 -1.2 0.6 6.9 4.5 11.1 1.8 4.1 7.1
Equity 252 000 267 500 203 600 215 700 231 300 259 900 256 800 244 100 274 000 289 400 269 900 269 900
        Total assets 404 300 358 100 353 500 380 800 395 200 407 600 365 000 428 900 442 100 451 300 422 800 422 800
Equity ratio 62.3 74.7 57.6 56.6 58.5 63.8 70.3 56.9 62.0 64.1 63.8 63.8
Net Result -15 600 -16 000 -25 300 -31 200 -20 600 -20 300 -8 270 -13 900 540 -17 400 -13 000 -6 010
        Total assets 402 500 351 600 360 900 382 400 395 800 406 600 368 500 410 100 440 100 450 100 420 400 420 400
Return on assets % -3.9 -4.6 -7.0 -8.2 -5.2 -5.0 -2.2 -3.4 0.1 -3.9 -3.1 -1.4
Standard Output. euro per farm 59 500 55 000 45 600 52 200 52 300 63 900 63 000 66 000 64 400 66 700 61 000 61 000
Farm Net Income per FWU 15 800 14 400 3 320 2 010 8 260 10 900 21 600 16 800 29 200 15 600 19 200 24 900
Farm Net Income per FWU 15 800 14 400 3 320 2 010 8 260 10 900 21 600 16 800 29 200 15 600 19 200 24 900