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             2021
EU27-2020 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
Farms represented 3562962 67,354 27,720 57,482 11,118 14,212 158,000 18,173 6,944 266,970 456,561 23,095 268,279 67,549 102,282 90,752 534,547 54,097 1,355 22,216 1,909 43,186 693,880 115,010 390,026 26,852 38,927 4,466
Farms in sample 70,000-80,000 1,000-2,000 1,000-2,000 2,000-3,000 500-1,000 1,000-2,000 7,000-8,000 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 1,000-2,000 200-500 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
Arable land 40,3 33,7 54,6 76,8 11,8 255,7 103,4 149,5 152,6 10,4 44,1 78,2 94,0 16,0 51,8 46,2 23,2 52,1 93,3 73,4 3,0 40,6 21,4 24,3 25,0 104,2 11,5 410,7
Livestock Units 31,9 30,7 141,3 24,5 16,8 109,0 93,4 223,6 39,6 7,2 40,6 42,1 75,0 8,4 20,1 67,9 18,0 12,8 124,0 25,2 22,6 157,6 14,2 12,7 8,6 61,2 12,2 122,8
Farm Net Income 32,176 41,030 75,835 38,407 13,670 57,090 57,102 99,443 27,440 12,934 41,136 34,870 58,044 12,791 33,634 35,667 40,456 20,304 57,182 16,109 14,328 122,448 15,960 19,402 15,304 40,027 8,412 62,708
divided by (Wage Claim 22,803 45,015 49,230 8,652 7,880 28,444 50,202 44,061 14,373 7,971 17,752 35,216 32,524 12,799 7,432 28,764 24,007 16,488 41,108 14,766 18,785 66,110 13,864 11,922 6,848 53,550 13,251 15,210
+ Interest claim) 6,201 7,142 15,395 3,320 7,057 14,293 14,770 27,529 6,651 0 7,258 10,720 3,890 4,918 2,664 45,268 9,545 2,420 17,215 3,428 13,948 49,335 5,945 1,247 3,752 16,612 6,569 14,516
= Profitability Ratio 1.11 0.79 1.17 3.21 0.92 1.34 0.88 1.39 1.31 1.62 1.64 0.76 1.59 0.72 3.33 0.48 1.21 1.07 0.98 0.89 0.44 1.06 0.81 1.47 1.44 0.57 0.42 2.11
Farm Net Income 32,176 41,030 75,835 38,407 13,670 57,090 57,102 99,443 27,440 12,934 41,136 34,870 58,044 12,791 33,634 35,667 40,456 20,304 57,182 16,109 14,328 122,448 15,960 19,402 15,304 40,027 8,412 62,708
- Wage Claim 22,803 45,015 49,230 8,652 7,880 28,444 50,202 44,061 14,373 7,971 17,752 35,216 32,524 12,799 7,432 28,764 24,007 16,488 41,108 14,766 18,785 66,110 13,864 11,922 6,848 53,550 13,251 15,210
= Net Profit 9,373 -3,985 26,605 29,755 5,790 28,646 6,900 55,382 13,067 4,963 23,384 -346 25,520 -8 26,202 6,903 16,449 3,816 16,074 1,343 -4,457 56,338 2,096 7,480 8,456 -13,523 -4,839 47,498
divided by Net Worth 337,140 523,976 824,890 147,094 157,079 724,712 824,042 1501378 286,277 113,049 389,184 465,260 288,745 145,150 219,595 1023089 407,246 136,924 1093656 147,318 251,775 2273458 195,004 97,703 70,675 941,628 280,379 687,125
= Return on Equity 2.8 -0.8 3.2 20.2 3.7 4.0 0.8 3.7 4.6 4.4 6.0 -0.1 8.8 -0.0 11.9 0.7 4.0 2.8 1.5 0.9 -1.8 2.5 1.1 7.7 12.0 -1.4 -1.7 6.9
Farm Net Income 32,176 41,030 75,835 38,407 13,670 57,090 57,102 99,443 27,440 12,934 41,136 34,870 58,044 12,791 33,634 35,667 40,456 20,304 57,182 16,109 14,328 122,448 15,960 19,402 15,304 40,027 8,412 62,708
- Interest claim 6,201 7,142 15,395 3,320 7,057 14,293 14,770 27,529 6,651 0 7,258 10,720 3,890 4,918 2,664 45,268 9,545 2,420 17,215 3,428 13,948 49,335 5,945 1,247 3,752 16,612 6,569 14,516
= Annual earnings 25,975 33,888 60,440 35,087 6,613 42,797 42,332 71,914 20,789 12,934 33,878 24,150 54,154 7,873 30,970 -9,601 30,911 17,884 39,967 12,681 380 73,113 10,015 18,155 11,552 23,415 1,843 48,192
divided by Unpaid labour input. hours 2,451 3,473 3,757 2,265 2,068 2,834 3,060 1,648 1,472 1,995 1,949 2,160 2,220 2,429 1,305 2,208 2,355 2,475 2,748 2,169 2,884 3,443 2,970 1,974 2,751 2,287 2,115 1,552
=Hourly earnings 10.6 9.8 16.1 15.5 3.2 15.1 13.8 43.6 14.1 6.5 17.4 11.2 24.4 3.2 23.7 -4.3 13.1 7.2 14.5 5.8 0.1 21.2 3.4 9.2 4.2 10.2 0.9 31.1
Hourly wage claim 9.3 13.0 13.1 3.8 3.8 10.0 16.4 26.7 9.8 4.0 9.1 16.3 14.7 5.3 5.7 13.0 10.2 6.7 15.0 6.8 6.5 19.2 4.7 6.0 2.5 23.4 6.3 9.8
* Profitability Ratio 1.11 0.79 1.17 3.21 0.92 1.34 0.88 1.39 1.31 1.62 1.64 0.76 1.59 0.72 3.33 0.48 1.21 1.07 0.98 0.89 0.44 1.06 0.81 1.47 1.44 0.57 0.42 2.11
= Return on labour 10.3 10.2 15.4 12.3 3.5 13.4 14.4 37.1 12.7 6.5 15.0 12.4 23.4 3.8 19.0 6.3 12.3 7.2 14.7 6.0 2.9 20.4 3.8 8.9 3.6 13.4 2.7 20.7
Interest rate 1.8 1.4 1.9 2.3 4.5 2.0 1.8 1.8 2.3 0.0 1.9 2.3 1.3 3.4 1.2 4.4 2.3 1.8 1.6 2.3 5.5 2.2 3.0 1.3 5.3 1.8 2.3 2.1
* Profitability Ratio 1.11 0.79 1.17 3.21 0.92 1.34 0.88 1.39 1.31 1.62 1.64 0.76 1.59 0.72 3.33 0.48 1.21 1.07 0.98 0.89 0.44 1.06 0.81 1.47 1.44 0.57 0.42 2.11
= Return on asset 2.0 1.1 2.2 7.2 4.1 2.6 1.6 2.5 3.0 0.0 3.1 1.7 2.1 2.4 4.0 2.1 2.8 1.9 1.5 2.1 2.4 2.3 2.5 1.9 7.7 1.0 1.0 4.5