Financial Ratios

SAS Output Economydoctor.FADN Advanced Results (luke.fi/economydoctor). EconomyDoctor Profitability calculation. Background data:FADN-EC-DG AGRI/L3. September 16, 2024
            Financial  Ratios             2015
EU Belgium Cyprus Czech Republic Denmark Germany Greece Spain Estonia France Hungary Ireland Italy Lithuania Luxemburg Latvia Malta Netherlands Austria Poland Portugal Finland Sweden Slovakia Slovenia U.K Bulgaria Rumania Croatia
Farms represented 4639800 28,760 10,920 18,010 25,910 180,230 338,440 437,080 7,630 287,260 109,490 93,230 561,370 62,520 1,540 24,970 3,110 46,790 88,450 739,290 106,830 34,420 27,820 4,120 45,890 100,950 96,680 1085600 72,480
Farms in sample 80,000-90,000 1,000-2,000 200-500 1,000-2,000 1,000-2,000 8,000-9,000 4,000-5,000 8,000-9,000 500-1,000 7,000-8,000 1,000-2,000 500-1,000 9,000-10,000 1,000-2,000 200-500 1,000-2,000 500-1,000 1,000-2,000 2,000-3,000 10,000-20,000 2,000-3,000 500-1,000 1,000-2,000 500-1,000 500-1,000 2,000-3,000 2,000-3,000 4,000-5,000 1,000-2,000
Arable land 34,5 51,2 10,3 187,8 103,4 89,7 9,9 46,2 137,2 89,0 47,2 48,0 20,7 47,5 84,3 69,0 2,6 38,9 29,0 19,1 23,5 63,8 106,6 458,7 10,2 159,6 44,5 8,8 16,8
Livestock Units 27,0 129,8 8,0 83,5 153,9 89,6 6,0 31,3 36,6 75,4 20,3 58,9 18,3 11,5 117,7 22,3 14,0 147,9 25,2 11,7 14,7 30,0 61,4 132,0 10,1 128,4 13,5 4,3 9,5
Farm Net Income 17,554 46,910 7,151 37,606 14,347 31,499 10,515 30,153 7,526 35,847 17,457 26,844 32,784 13,027 55,967 14,052 11,297 66,823 21,435 8,039 16,621 17,789 15,719 23,898 5,004 26,247 10,627 3,502 6,858
divided by (Wage Claim 19,432 41,849 9,595 19,762 36,162 41,102 6,619 15,967 11,922 31,650 5,867 24,848 21,157 10,585 37,529 10,585 13,396 53,498 31,813 9,996 10,353 30,585 49,008 9,741 10,151 37,108 4,911 4,621 8,414
+ Interest claim) 7,467 18,991 10,239 9,721 26,999 19,084 12,834 8,977 5,013 6,235 2,937 46,278 11,345 1,676 18,917 2,263 8,866 48,480 8,580 5,274 1,827 8,209 15,023 14,162 6,378 49,761 3,389 1,141 5,949
= Profitability Ratio 0.65 0.77 0.36 1.28 0.23 0.52 0.54 1.21 0.44 0.95 1.98 0.38 1.01 1.06 0.99 1.09 0.51 0.66 0.53 0.53 1.36 0.46 0.25 1.00 0.30 0.30 1.28 0.61 0.48
Farm Net Income 17,554 46,910 7,151 37,606 14,347 31,499 10,515 30,153 7,526 35,847 17,457 26,844 32,784 13,027 55,967 14,052 11,297 66,823 21,435 8,039 16,621 17,789 15,719 23,898 5,004 26,247 10,627 3,502 6,858
- Wage Claim 19,432 41,849 9,595 19,762 36,162 41,102 6,619 15,967 11,922 31,650 5,867 24,848 21,157 10,585 37,529 10,585 13,396 53,498 31,813 9,996 10,353 30,585 49,008 9,741 10,151 37,108 4,911 4,621 8,414
= Net Profit -1,878 5,061 -2,444 17,844 -21,815 -9,603 3,896 14,186 -4,396 4,197 11,590 1,996 11,627 2,442 18,438 3,467 -2,099 13,325 -10,378 -1,957 6,268 -12,796 -33,289 14,157 -5,147 -10,861 5,716 -1,119 -1,556
divided by Net Worth 277,595 520,802 147,094 437,681 1077178 708,596 124,060 304,940 200,267 256,059 144,005 957,605 397,409 93,966 912,208 103,484 168,020 1624628 389,865 163,600 99,405 358,084 675,861 656,811 213,448 1769125 85,719 33,008 146,256
= Return on Equity -0.7 1.0 -1.7 4.1 -2.0 -1.4 3.1 4.7 -2.2 1.6 8.0 0.2 2.9 2.6 2.0 3.4 -1.2 0.8 -2.7 -1.2 6.3 -3.6 -4.9 2.2 -2.4 -0.6 6.7 -3.4 -1.1
Farm Net Income 17,554 46,910 7,151 37,606 14,347 31,499 10,515 30,153 7,526 35,847 17,457 26,844 32,784 13,027 55,967 14,052 11,297 66,823 21,435 8,039 16,621 17,789 15,719 23,898 5,004 26,247 10,627 3,502 6,858
- Interest claim 7,467 18,991 10,239 9,721 26,999 19,084 12,834 8,977 5,013 6,235 2,937 46,278 11,345 1,676 18,917 2,263 8,866 48,480 8,580 5,274 1,827 8,209 15,023 14,162 6,378 49,761 3,389 1,141 5,949
= Annual earnings 10,087 27,919 -3,088 27,885 -12,652 12,415 -2,319 21,176 2,513 29,612 14,520 -19,434 21,439 11,351 37,050 11,789 2,431 18,343 12,855 2,765 14,794 9,580 696 9,736 -1,374 -23,514 7,238 2,361 909
divided by Unpaid labour input. hours 2,493 3,843 2,248 2,939 1,541 3,106 2,118 2,090 1,718 2,266 1,416 2,290 2,291 2,979 3,085 2,351 2,530 3,312 3,250 3,140 2,364 2,067 2,405 1,566 2,297 2,977 2,188 2,399 2,617
=Hourly earnings 4.0 7.3 -1.4 9.5 -8.2 4.0 -1.1 10.1 1.5 13.1 10.3 -8.5 9.4 3.8 12.0 5.0 1.0 5.5 4.0 0.9 6.3 4.6 0.3 6.2 -0.6 -7.9 3.3 1.0 0.3
Hourly wage claim 7.8 10.9 4.3 6.7 23.5 13.2 3.1 7.6 6.9 14.0 4.1 10.9 9.2 3.6 12.2 4.5 5.3 16.2 9.8 3.2 4.4 14.8 20.4 6.2 4.4 12.5 2.2 1.9 3.2
* Profitability Ratio 0.65 0.77 0.36 1.28 0.23 0.52 0.54 1.21 0.44 0.95 1.98 0.38 1.01 1.06 0.99 1.09 0.51 0.66 0.53 0.53 1.36 0.46 0.25 1.00 0.30 0.30 1.28 0.61 0.48
= Return on labour 5.1 8.4 1.5 8.6 5.3 6.9 1.7 9.2 3.1 13.2 8.2 4.1 9.3 3.8 12.1 4.9 2.7 10.6 5.2 1.7 6.0 6.8 5.0 6.2 1.3 3.8 2.9 1.2 1.5
Interest rate 2.7 3.6 7.0 2.2 2.5 2.7 10.3 2.9 2.5 2.4 2.0 4.8 2.9 1.8 2.1 2.2 5.3 3.0 2.2 3.2 1.8 2.3 2.2 2.2 3.0 2.8 4.0 3.5 4.1
* Profitability Ratio 0.65 0.77 0.36 1.28 0.23 0.52 0.54 1.21 0.44 0.95 1.98 0.38 1.01 1.06 0.99 1.09 0.51 0.66 0.53 0.53 1.36 0.46 0.25 1.00 0.30 0.30 1.28 0.61 0.48
= Return on asset 1.8 2.8 2.5 2.8 0.6 1.4 5.6 3.6 1.1 2.3 4.0 1.8 2.9 1.9 2.1 2.4 2.7 2.0 1.2 1.7 2.5 1.1 0.5 2.2 0.9 0.8 5.1 2.1 1.9