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 23, 2024
            Financial  Ratios             2020
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 3566756 3666992 65,812 27,650 56,964 11,118 14,212 158,309 18,126 6,945 268,036 457,329 23,422 268,609 67,652 102,748 90,694 535,303 54,175 1,354 22,254 1,912 43,312 693,510 116,918 389,509 27,576 38,841 4,466 100,236
Farms in sample 70,000-80,000 80,000-90,000 1,000-2,000 500-1,000 2,000-3,000 200-500 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 1,000-2,000 500-1,000 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 40,3 43,4 34,4 54,4 77,7 12,0 250,5 102,3 149,2 153,1 9,9 44,3 77,2 93,0 16,0 52,6 49,1 22,7 52,0 92,1 74,3 2,9 40,7 21,8 24,0 24,7 105,1 11,4 414,7 154,3
Livestock Units 32,2 34,8 30,9 138,8 24,2 16,2 109,3 94,2 223,8 41,2 7,3 42,3 40,5 76,1 8,6 21,8 68,9 17,3 12,4 120,8 24,5 21,3 157,9 14,0 13,1 8,8 60,3 11,7 134,2 127,0
Farm Net Income 26,597 27,071 33,643 65,332 21,456 16,051 55,633 39,958 106,386 23,831 12,068 41,108 30,719 39,005 15,667 29,346 27,178 37,183 20,874 65,489 20,443 15,138 79,006 12,144 14,797 10,514 23,991 7,628 51,001 43,931
divided by (Wage Claim 22,231 22,887 37,174 46,832 7,651 8,611 26,693 47,903 46,218 14,484 7,432 17,369 35,881 31,804 11,315 7,140 29,692 23,896 15,145 38,060 13,996 18,278 64,506 13,652 11,769 6,573 50,453 12,158 14,311 38,017
+ Interest claim) 6,458 7,454 7,463 17,638 3,411 6,338 13,694 15,937 27,856 6,629 3,829 7,511 9,774 3,946 4,211 2,181 45,171 10,010 2,495 18,772 3,585 3,426 49,976 5,923 1,203 4,089 19,483 7,017 14,593 46,416
= Profitability Ratio 0.93 0.89 0.75 1.01 1.94 1.07 1.38 0.63 1.44 1.13 1.07 1.65 0.67 1.09 1.01 3.15 0.36 1.10 1.18 1.15 1.16 0.70 0.69 0.62 1.14 0.99 0.34 0.40 1.76 0.52
Farm Net Income 26,597 27,071 33,643 65,332 21,456 16,051 55,633 39,958 106,386 23,831 12,068 41,108 30,719 39,005 15,667 29,346 27,178 37,183 20,874 65,489 20,443 15,138 79,006 12,144 14,797 10,514 23,991 7,628 51,001 43,931
- Wage Claim 22,231 22,887 37,174 46,832 7,651 8,611 26,693 47,903 46,218 14,484 7,432 17,369 35,881 31,804 11,315 7,140 29,692 23,896 15,145 38,060 13,996 18,278 64,506 13,652 11,769 6,573 50,453 12,158 14,311 38,017
= Net Profit 4,366 4,184 -3,531 18,500 13,805 7,440 28,940 -7,945 60,168 9,347 4,636 23,739 -5,162 7,201 4,352 22,206 -2,514 13,287 5,729 27,429 6,447 -3,140 14,500 -1,508 3,028 3,941 -26,462 -4,530 36,690 5,914
divided by Net Worth 326,448 369,430 517,711 799,888 137,076 161,821 675,914 804,140 1419308 265,925 112,962 367,443 434,510 278,172 141,490 206,849 1003835 397,584 116,717 1091508 140,253 255,044 2217489 193,343 89,210 67,788 886,134 263,427 700,709 1898860
= Return on Equity 1.3 1.1 -0.7 2.3 10.1 4.6 4.3 -1.0 4.2 3.5 4.1 6.5 -1.2 2.6 3.1 10.7 -0.3 3.3 4.9 2.5 4.6 -1.2 0.7 -0.8 3.4 5.8 -3.0 -1.7 5.2 0.3
Farm Net Income 26,597 27,071 33,643 65,332 21,456 16,051 55,633 39,958 106,386 23,831 12,068 41,108 30,719 39,005 15,667 29,346 27,178 37,183 20,874 65,489 20,443 15,138 79,006 12,144 14,797 10,514 23,991 7,628 51,001 43,931
- Interest claim 6,458 7,454 7,463 17,638 3,411 6,338 13,694 15,937 27,856 6,629 3,829 7,511 9,774 3,946 4,211 2,181 45,171 10,010 2,495 18,772 3,585 3,426 49,976 5,923 1,203 4,089 19,483 7,017 14,593 46,416
= Annual earnings 20,139 19,617 26,180 47,694 18,045 9,713 41,939 24,021 78,530 17,202 8,239 33,597 20,945 35,059 11,456 27,165 -17,993 27,173 18,379 46,717 16,858 11,712 29,030 6,221 13,594 6,425 4,508 611 36,408 -2,485
divided by Unpaid labour input. hours 2,450 2,465 3,090 3,807 2,201 2,085 2,874 3,086 1,763 1,544 1,985 1,931 2,163 2,233 2,448 1,319 2,230 2,354 2,568 2,719 2,183 2,742 3,442 2,996 2,073 2,732 2,328 2,042 1,558 2,988
=Hourly earnings 8.2 8.0 8.5 12.5 8.2 4.7 14.6 7.8 44.6 11.1 4.2 17.4 9.7 15.7 4.7 20.6 -8.1 11.5 7.2 17.2 7.7 4.3 8.4 2.1 6.6 2.4 1.9 0.3 23.4 -0.8
Hourly wage claim 9.1 9.3 12.0 12.3 3.5 4.1 9.3 15.5 26.2 9.4 3.7 9.0 16.6 14.2 4.6 5.4 13.3 10.2 5.9 14.0 6.4 6.7 18.7 4.6 5.7 2.4 21.7 6.0 9.2 12.7
* Profitability Ratio 0.93 0.89 0.75 1.01 1.94 1.07 1.38 0.63 1.44 1.13 1.07 1.65 0.67 1.09 1.01 3.15 0.36 1.10 1.18 1.15 1.16 0.70 0.69 0.62 1.14 0.99 0.34 0.40 1.76 0.52
= Return on labour 8.4 8.3 9.1 12.5 6.7 4.4 12.8 9.7 37.7 10.6 4.0 14.9 11.2 15.5 4.7 17.0 4.8 11.1 7.0 16.1 7.5 4.6 12.9 2.8 6.5 2.4 7.4 2.4 16.2 6.6
Interest rate 2.0 2.0 1.4 2.2 2.5 3.9 2.0 2.0 2.0 2.5 3.4 2.0 2.2 1.4 3.0 1.1 4.5 2.5 2.1 1.7 2.6 1.3 2.3 3.1 1.3 6.0 2.2 2.7 2.1 2.4
* Profitability Ratio 0.93 0.89 0.75 1.01 1.94 1.07 1.38 0.63 1.44 1.13 1.07 1.65 0.67 1.09 1.01 3.15 0.36 1.10 1.18 1.15 1.16 0.70 0.69 0.62 1.14 0.99 0.34 0.40 1.76 0.52
= Return on asset 1.8 1.8 1.1 2.2 4.8 4.2 2.8 1.2 2.8 2.8 3.6 3.4 1.5 1.5 3.0 3.3 1.6 2.8 2.5 2.0 3.0 0.9 1.6 1.9 1.5 5.9 0.8 1.1 3.7 1.3