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 -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 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 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 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 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 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 % 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 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 -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 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 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 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 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 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 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 -16 500 -16 500 -25 800 -31 100 -19 900 -19 600 -8 640 -15 000 -520 -17 500 -8 930 -18 900
        Total assets 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 % -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 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 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 15 100 13 800 2 870 2 050 8 870 11 600 21 300 16 100 28 600 15 700 22 100 15 600