Financial Ratios

SAS Output Economydoctor. FADN Advanced Results (luke.fi/economydoctor). EconomyDoctor Profitability calculation. Background data: FADN Public Database (SO). https://agridata.ec.europa.eu/. November 21, 2024
            Financial  Ratios             2019
EU27-2020 EU-28 Austria Belgium Bulgaria Cyprus Czechia Germany Denmark Estonia Greece Spain Finland France Croatia Hungary Ireland Italy Lithuania Luxembourg Latvia Malta Netherlands Poland Portugal Romania Sweden Slovenia Slovakia United Kingdom
Farms represented 3576889 3677231 66,342 28,106 56,779 11,118 18,004 158,261 21,341 6,944 268,322 457,167 22,862 270,581 67,673 102,314 90,350 536,072 54,140 1,312 22,304 1,926 43,272 693,360 117,239 390,183 27,602 38,881 4,434 100,342
Farms in sample 80,000-90,000 80,000-90,000 1,000-2,000 500-1,000 2,000-3,000 500-1,000 1,000-2,000 8,000-9,000 1,000-2,000 500-1,000 3,000-4,000 9,000-10,000 500-1,000 7,000-8,000 1,000-2,000 2,000-3,000 500-1,000 10,000-20,000 1,000-2,000 200-500 500-1,000 500-1,000 1,000-2,000 10,000-20,000 1,000-2,000 5,000-6,000 1,000-2,000 500-1,000 500-1,000 2,000-3,000
Arable land 40,1 43,4 34,3 55,3 78,3 11,6 198,6 100,2 130,3 158,8 9,9 44,0 77,2 92,3 16,0 52,3 47,4 22,5 52,9 93,7 73,8 3,0 39,4 22,2 23,8 24,9 103,9 11,2 434,9 159,3
Livestock Units 31,4 34,1 30,4 137,4 24,0 16,7 88,9 94,5 185,0 41,2 6,5 36,8 37,7 74,7 8,8 21,0 67,1 17,9 12,1 136,1 23,6 17,8 155,7 14,4 13,9 8,9 65,4 11,6 118,5 129,6
Farm Net Income 26,954 27,289 32,019 75,490 19,339 14,004 44,278 49,332 77,639 24,068 10,922 39,076 26,391 45,016 10,807 26,503 26,116 34,255 13,818 65,934 18,360 14,881 113,475 12,374 17,775 12,174 27,925 7,884 14,338 39,249
divided by (Wage Claim 21,516 22,125 33,470 46,197 7,300 8,659 25,774 45,507 41,359 13,891 7,611 16,477 35,558 32,113 11,702 7,345 27,541 23,531 13,870 38,066 13,843 17,412 60,629 13,529 11,685 6,143 48,946 12,399 13,669 36,144
+ Interest claim) 6,829 7,868 7,554 18,505 3,760 5,759 12,658 16,873 27,943 6,342 4,439 6,370 9,635 4,444 4,011 2,408 45,053 9,740 2,239 19,345 2,681 4,732 54,035 6,138 954 3,360 18,951 6,137 13,832 49,313
= Profitability Ratio 0.95 0.91 0.78 1.17 1.75 0.97 1.15 0.79 1.12 1.19 0.91 1.71 0.58 1.23 0.69 2.72 0.36 1.03 0.86 1.15 1.11 0.67 0.99 0.63 1.41 1.28 0.41 0.43 0.52 0.46
Farm Net Income 26,954 27,289 32,019 75,490 19,339 14,004 44,278 49,332 77,639 24,068 10,922 39,076 26,391 45,016 10,807 26,503 26,116 34,255 13,818 65,934 18,360 14,881 113,475 12,374 17,775 12,174 27,925 7,884 14,338 39,249
- Wage Claim 21,516 22,125 33,470 46,197 7,300 8,659 25,774 45,507 41,359 13,891 7,611 16,477 35,558 32,113 11,702 7,345 27,541 23,531 13,870 38,066 13,843 17,412 60,629 13,529 11,685 6,143 48,946 12,399 13,669 36,144
= Net Profit 5,438 5,164 -1,451 29,293 12,039 5,345 18,504 3,825 36,280 10,177 3,311 22,599 -9,167 12,903 -895 19,158 -1,425 10,724 -52 27,868 4,517 -2,531 52,846 -1,155 6,090 6,031 -21,021 -4,515 669 3,105
divided by Net Worth 317,224 356,803 509,565 754,438 130,643 161,430 555,260 791,551 1260856 258,615 115,422 348,830 434,168 272,499 142,508 203,431 1009264 363,819 111,284 1081296 129,670 240,198 2213665 196,026 94,738 69,655 832,854 236,046 618,711 1767675
= Return on Equity 1.7 1.4 -0.3 3.9 9.2 3.3 3.3 0.5 2.9 3.9 2.9 6.5 -2.1 4.7 -0.6 9.4 -0.1 2.9 -0.0 2.6 3.5 -1.1 2.4 -0.6 6.4 8.7 -2.5 -1.9 0.1 0.2
Farm Net Income 26,954 27,289 32,019 75,490 19,339 14,004 44,278 49,332 77,639 24,068 10,922 39,076 26,391 45,016 10,807 26,503 26,116 34,255 13,818 65,934 18,360 14,881 113,475 12,374 17,775 12,174 27,925 7,884 14,338 39,249
- Interest claim 6,829 7,868 7,554 18,505 3,760 5,759 12,658 16,873 27,943 6,342 4,439 6,370 9,635 4,444 4,011 2,408 45,053 9,740 2,239 19,345 2,681 4,732 54,035 6,138 954 3,360 18,951 6,137 13,832 49,313
= Annual earnings 20,125 19,421 24,465 56,985 15,579 8,245 31,620 32,459 49,696 17,726 6,483 32,706 16,756 40,572 6,796 24,095 -18,937 24,515 11,579 46,589 15,679 10,149 59,440 6,236 16,821 8,814 8,974 1,747 506 -10,064
divided by Unpaid labour input. hours 2,461 2,475 3,042 3,791 2,265 2,133 2,811 3,087 1,627 1,574 2,051 1,911 2,190 2,254 2,433 1,430 2,166 2,344 2,654 2,797 2,272 2,727 3,395 3,023 2,159 2,706 2,328 2,192 1,592 2,947
=Hourly earnings 8.2 7.8 8.0 15.0 6.9 3.9 11.2 10.5 30.6 11.3 3.2 17.1 7.7 18.0 2.8 16.9 -8.7 10.5 4.4 16.7 6.9 3.7 17.5 2.1 7.8 3.3 3.9 0.8 0.3 -3.4
Hourly wage claim 8.7 8.9 11.0 12.2 3.2 4.1 9.2 14.7 25.4 8.8 3.7 8.6 16.2 14.2 4.8 5.1 12.7 10.0 5.2 13.6 6.1 6.4 17.9 4.5 5.4 2.3 21.0 5.7 8.6 12.3
* Profitability Ratio 0.95 0.91 0.78 1.17 1.75 0.97 1.15 0.79 1.12 1.19 0.91 1.71 0.58 1.23 0.69 2.72 0.36 1.03 0.86 1.15 1.11 0.67 0.99 0.63 1.41 1.28 0.41 0.43 0.52 0.46
= Return on labour 8.3 8.1 8.6 14.2 5.6 3.9 10.6 11.7 28.5 10.5 3.4 14.7 9.5 17.5 3.3 14.0 4.6 10.3 4.5 15.6 6.8 4.3 17.7 2.8 7.6 2.9 8.6 2.4 4.5 5.6
Interest rate 2.2 2.2 1.5 2.5 2.9 3.6 2.3 2.1 2.2 2.5 3.8 1.8 2.2 1.6 2.8 1.2 4.5 2.7 2.0 1.8 2.1 2.0 2.4 3.1 1.0 4.8 2.3 2.6 2.2 2.8
* Profitability Ratio 0.95 0.91 0.78 1.17 1.75 0.97 1.15 0.79 1.12 1.19 0.91 1.71 0.58 1.23 0.69 2.72 0.36 1.03 0.86 1.15 1.11 0.67 0.99 0.63 1.41 1.28 0.41 0.43 0.52 0.46
= Return on asset 2.0 2.0 1.2 2.9 5.0 3.5 2.6 1.7 2.5 2.9 3.5 3.1 1.3 2.0 1.9 3.2 1.6 2.8 1.7 2.1 2.3 1.3 2.4 2.0 1.4 6.2 0.9 1.1 1.2 1.3