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 7, 2025
            Financial  Ratios             2021
EU-all 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 3562690 67,350 27,720 57,480 11,120 14,210 158,000 18,170 6,940 266,970 456,590 23,100 268,320 67,550 102,280 90,750 534,510 54,100 1,360 22,220 1,900 43,190 693,880 115,010 390,030 26,550 38,930 4,470
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 11,7 255,7 103,4 150,2 152,6 10,4 43,9 78,2 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 31,9 30,7 141,3 24,0 16,8 109,0 93,4 222,9 39,6 7,2 40,4 42,2 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 32,253 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,057 35,124 58,262 13,325 33,658 35,667 40,527 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,360 40,810 8,398 62,708
divided by (Wage Claim 22,794 44,981 48,952 8,652 7,875 28,444 50,202 44,137 14,373 7,969 17,645 35,216 32,524 12,855 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) 6,184 7,142 15,320 3,323 7,065 14,288 14,770 27,635 6,651 21,027 7,165 10,724 3,885 4,520 2,664 45,268 9,603 2,420 17,298 3,428 14,367 49,453 5,945 1,242 3,609 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 1.70 0.76 1.60 0.77 3.33 0.48 1.21 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 32,253 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,057 35,124 58,262 13,325 33,658 35,667 40,527 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,360 40,810 8,398 62,708
- Wage Claim 22,794 44,981 48,952 8,652 7,875 28,444 50,202 44,137 14,373 7,969 17,645 35,216 32,524 12,855 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 9,459 -4,013 21,396 30,443 5,793 28,625 6,928 54,980 13,067 5,135 24,412 -92 25,738 470 26,226 6,903 16,515 3,816 16,770 1,343 -6,039 52,355 1,989 7,420 8,530 -14,985 -4,853 47,498
divided by Net Worth 335,961 523,566 824,250 147,240 157,250 724,662 824,042 1506008 286,277 113,019 381,885 465,409 288,292 132,948 219,604 1023089 407,591 136,924 1098278 147,318 261,229 2280380 195,033 97,677 69,471 948,889 279,664 687,125
= 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 -0.0 8.9 0.4 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 32,253 40,968 70,348 39,095 13,668 57,069 57,130 99,117 27,440 13,104 42,057 35,124 58,262 13,325 33,658 35,667 40,527 20,304 57,878 16,109 13,641 118,465 15,855 19,342 15,360 40,810 8,398 62,708
- Interest claim 6,184 7,142 15,320 3,323 7,065 14,288 14,770 27,635 6,651 21,027 7,165 10,724 3,885 4,520 2,664 45,268 9,603 2,420 17,298 3,428 14,367 49,453 5,945 1,242 3,609 16,724 6,552 14,516
= Annual earnings 26,069 33,826 55,028 35,772 6,603 42,781 42,360 71,482 20,789 -7,923 34,892 24,400 54,377 8,805 30,994 -9,601 30,924 17,884 40,580 12,681 -726 69,012 9,910 18,100 11,751 24,086 1,846 48,192
divided by Unpaid labour input. hours 2,449 3,474 3,757 2,265 2,067 2,834 3,060 1,648 1,472 1,995 1,939 2,160 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 18.0 11.3 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 16.3 14.7 5.3 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 1.70 0.76 1.60 0.77 3.33 0.48 1.21 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 15.4 12.5 23.4 4.1 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 1.9 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 1.70 0.76 1.60 0.77 3.33 0.48 1.21 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 3.2 1.8 2.2 2.6 4.0 2.1 2.8 1.9 1.6 2.1 2.2 2.2 2.4 1.9 7.6 1.0 1.0 4.5