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/. June 27, 2025
            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 3571368 67,354 27,720 57,482 11,118 14,212 158,000 18,173 6,944 266,970 456,590 31,778 268,321 67,549 102,282 90,752 534,507 54,097 1,355 22,216 1,901 43,186 693,880 115,010 390,026 26,552 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 40,4 33,7 54,6 76,8 11,7 255,7 103,4 150,2 152,6 10,4 43,9 72,4 94,1 16,0 51,8 46,2 23,2 52,1 93,3 73,4 3,0 40,6 21,4 24,3 25,0 105,4 11,5 410,7
Livestock Units 31,8 30,7 141,3 24,0 16,8 109,0 93,4 222,9 39,6 7,2 40,4 31,1 75,1 8,4 20,1 67,9 18,0 12,8 124,0 25,2 21,3 157,6 14,2 12,7 8,5 61,9 12,2 122,8
Farm Net Income 32,211 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,110 28,904 58,262 13,170 33,658 35,667 40,522 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,384 40,810 8,398 62,708
divided by (Wage Claim 22,780 44,981 48,952 8,652 7,875 28,444 50,202 44,137 14,373 7,969 17,659 29,806 32,524 13,330 7,432 28,764 24,012 16,488 41,108 14,766 19,680 66,110 13,866 11,922 6,830 55,795 13,251 15,210
+ Interest claim) 6,175 7,142 15,320 3,323 7,065 14,288 14,770 27,635 6,651 21,027 6,713 9,567 3,885 4,514 2,664 45,268 9,623 2,420 17,298 3,428 14,367 49,453 5,945 1,242 3,604 16,724 6,552 14,516
= Profitability Ratio 1.11 0.79 1.09 3.26 0.91 1.34 0.88 1.38 1.31 0.45 1.73 0.73 1.60 0.74 3.33 0.48 1.20 1.07 0.99 0.89 0.40 1.03 0.80 1.47 1.47 0.56 0.42 2.11
Farm Net Income 32,211 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,110 28,904 58,262 13,170 33,658 35,667 40,522 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,384 40,810 8,398 62,708
- Wage Claim 22,780 44,981 48,952 8,652 7,875 28,444 50,202 44,137 14,373 7,969 17,659 29,806 32,524 13,330 7,432 28,764 24,012 16,488 41,108 14,766 19,680 66,110 13,866 11,922 6,830 55,795 13,251 15,210
= Net Profit 9,431 -4,013 21,396 30,443 5,793 28,625 6,928 54,980 13,067 5,135 24,451 -902 25,738 -160 26,226 6,903 16,510 3,816 16,770 1,343 -6,039 52,355 1,989 7,420 8,554 -14,985 -4,853 47,498
divided by Net Worth 335,837 523,566 824,250 147,240 157,250 724,662 824,042 1506008 286,277 113,019 382,215 413,141 288,292 132,756 219,604 1023089 407,600 136,924 1098278 147,318 261,229 2280380 195,033 97,677 69,347 948,889 279,664 687,125
= Return on Equity 2.8 -0.8 2.6 20.7 3.7 4.0 0.8 3.7 4.6 4.5 6.4 -0.2 8.9 -0.1 11.9 0.7 4.1 2.8 1.5 0.9 -2.3 2.3 1.0 7.6 12.3 -1.6 -1.7 6.9
Farm Net Income 32,211 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,110 28,904 58,262 13,170 33,658 35,667 40,522 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,384 40,810 8,398 62,708
- Interest claim 6,175 7,142 15,320 3,323 7,065 14,288 14,770 27,635 6,651 21,027 6,713 9,567 3,885 4,514 2,664 45,268 9,623 2,420 17,298 3,428 14,367 49,453 5,945 1,242 3,604 16,724 6,552 14,516
= Annual earnings 26,036 33,826 55,028 35,772 6,603 42,781 42,360 71,482 20,789 -7,923 35,397 19,337 54,377 8,656 30,994 -9,601 30,899 17,884 40,580 12,681 -726 69,012 9,910 18,100 11,780 24,086 1,846 48,192
divided by Unpaid labour input. hours 2,446 3,474 3,757 2,265 2,067 2,834 3,060 1,648 1,472 1,995 1,939 1,848 2,220 2,432 1,305 2,208 2,355 2,475 2,748 2,169 2,886 3,443 2,970 1,974 2,748 2,300 2,115 1,552
=Hourly earnings 10.6 9.7 14.6 15.8 3.2 15.1 13.8 43.4 14.1 -4.0 18.3 10.5 24.5 3.6 23.8 -4.3 13.1 7.2 14.8 5.8 -0.3 20.0 3.3 9.2 4.3 10.5 0.9 31.1
Hourly wage claim 9.3 12.9 13.0 3.8 3.8 10.0 16.4 26.8 9.8 4.0 9.1 16.1 14.7 5.5 5.7 13.0 10.2 6.7 15.0 6.8 6.8 19.2 4.7 6.0 2.5 24.3 6.3 9.8
* Profitability Ratio 1.11 0.79 1.09 3.26 0.91 1.34 0.88 1.38 1.31 0.45 1.73 0.73 1.60 0.74 3.33 0.48 1.20 1.07 0.99 0.89 0.40 1.03 0.80 1.47 1.47 0.56 0.42 2.11
= Return on labour 10.4 10.2 14.3 12.5 3.5 13.4 14.4 37.0 12.7 1.8 15.7 11.8 23.4 4.0 19.0 6.3 12.3 7.2 14.8 6.0 2.7 19.7 3.7 8.9 3.7 13.7 2.7 20.7
Interest rate 1.8 1.4 1.9 2.3 4.5 2.0 1.8 1.8 2.3 18.6 1.8 2.3 1.3 3.4 1.2 4.4 2.4 1.8 1.6 2.3 5.5 2.2 3.0 1.3 5.2 1.8 2.3 2.1
* Profitability Ratio 1.11 0.79 1.09 3.26 0.91 1.34 0.88 1.38 1.31 0.45 1.73 0.73 1.60 0.74 3.33 0.48 1.20 1.07 0.99 0.89 0.40 1.03 0.80 1.47 1.47 0.56 0.42 2.11
= Return on asset 2.0 1.1 2.0 7.4 4.1 2.6 1.6 2.5 3.0 8.4 3.0 1.7 2.2 2.5 4.0 2.1 2.8 1.9 1.6 2.1 2.2 2.2 2.4 1.9 7.7 1.0 1.0 4.5