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/. February 27, 2026
            Financial  Ratios             2022
EU27-2020 Austria Belgium Bulgaria Cyprus Czechia Germany Denmark Estonia Greece Spain Finland France Croatia Hungary Ireland Italy Lithuania Luxembourg Latvia Netherlands Poland Portugal Romania Sweden Slovenia Slovakia
Farms represented 3573287 67,234 27,700 56,987 11,248 14,212 157,896 18,201 6,944 265,340 457,456 31,582 272,162 67,018 102,594 91,066 533,943 54,194 1,353 22,200 43,022 693,880 117,044 389,803 26,825 38,953 4,430
Farms in sample 70,000-80,000 1,000-2,000 500-1,000 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 1,000-2,000 10,000-20,000 2,000-3,000 5,000-6,000 500-1,000 500-1,000 500-1,000
Arable land 41,2 33,7 53,1 75,9 11,1 254,2 105,9 152,2 150,4 10,4 47,1 73,3 94,1 17,1 52,9 45,8 23,7 51,4 96,0 73,3 41,3 21,3 25,8 26,3 104,3 11,5 408,2
Livestock Units 32,2 30,3 138,4 22,7 16,5 107,3 96,9 221,0 39,9 7,5 42,1 29,6 72,9 8,4 21,5 67,9 18,0 14,3 127,0 21,0 162,9 14,3 13,2 8,8 62,7 12,2 107,5
Farm Net Income 41,160 55,847 120,909 49,686 16,903 87,384 90,391 210,009 52,929 15,617 43,293 43,099 77,213 17,880 38,463 48,434 42,009 33,724 106,677 25,885 174,562 24,480 22,956 15,996 69,221 20,434 72,165
divided by (Wage Claim 24,292 48,123 52,310 9,981 8,011 31,612 55,129 44,342 15,677 9,390 19,057 31,814 33,970 12,233 7,795 28,518 24,993 18,323 43,169 15,547 71,613 15,121 12,537 7,358 55,009 15,877 15,502
+ Interest claim) 6,947 8,324 15,324 3,323 7,156 21,969 16,207 33,851 8,320 3,846 8,125 10,252 4,179 6,030 3,994 43,502 11,708 2,389 20,248 3,559 54,891 8,676 1,593 3,237 18,379 7,043 15,695
= Profitability Ratio 1.32 0.99 1.79 3.73 1.11 1.63 1.27 2.69 2.21 1.18 1.59 1.02 2.02 0.98 3.26 0.67 1.14 1.63 1.68 1.35 1.38 1.03 1.62 1.51 0.94 0.89 2.31
Farm Net Income 41,160 55,847 120,909 49,686 16,903 87,384 90,391 210,009 52,929 15,617 43,293 43,099 77,213 17,880 38,463 48,434 42,009 33,724 106,677 25,885 174,562 24,480 22,956 15,996 69,221 20,434 72,165
- Wage Claim 24,292 48,123 52,310 9,981 8,011 31,612 55,129 44,342 15,677 9,390 19,057 31,814 33,970 12,233 7,795 28,518 24,993 18,323 43,169 15,547 71,613 15,121 12,537 7,358 55,009 15,877 15,502
= Net Profit 16,868 7,724 68,599 39,705 8,892 55,772 35,262 165,667 37,252 6,227 24,236 11,285 43,243 5,647 30,668 19,916 17,016 15,401 63,508 10,338 102,949 9,359 10,419 8,638 14,212 4,557 56,663
divided by Net Worth 357,548 528,345 886,292 161,940 162,170 823,980 873,186 1605543 315,839 111,523 411,566 451,899 316,990 134,582 242,222 1038292 436,557 143,532 1165646 148,359 2546672 206,959 96,895 74,015 937,123 290,648 700,021
= Return on Equity 4.7 1.5 7.7 24.5 5.5 6.8 4.0 10.3 11.8 5.6 5.9 2.5 13.6 4.2 12.7 1.9 3.9 10.7 5.4 7.0 4.0 4.5 10.8 11.7 1.5 1.6 8.1
Farm Net Income 41,160 55,847 120,909 49,686 16,903 87,384 90,391 210,009 52,929 15,617 43,293 43,099 77,213 17,880 38,463 48,434 42,009 33,724 106,677 25,885 174,562 24,480 22,956 15,996 69,221 20,434 72,165
- Interest claim 6,947 8,324 15,324 3,323 7,156 21,969 16,207 33,851 8,320 3,846 8,125 10,252 4,179 6,030 3,994 43,502 11,708 2,389 20,248 3,559 54,891 8,676 1,593 3,237 18,379 7,043 15,695
= Annual earnings 34,213 47,523 105,585 46,363 9,747 65,415 74,184 176,158 44,609 11,771 35,168 32,847 73,034 11,850 34,469 4,932 30,301 31,335 86,429 22,326 119,671 15,804 21,363 12,759 50,842 13,391 56,470
divided by Unpaid labour input. hours 2,422 3,451 3,751 2,248 2,038 2,807 3,050 1,588 1,427 2,049 1,915 1,824 2,200 2,380 1,292 2,176 2,368 2,472 2,736 2,133 3,492 2,944 1,963 2,615 2,290 2,142 1,393
=Hourly earnings 14.1 13.8 28.2 20.6 4.8 23.3 24.3 111.0 31.3 5.7 18.4 18.0 33.2 5.0 26.7 2.3 12.8 12.7 31.6 10.5 34.3 5.4 10.9 4.9 22.2 6.3 40.5
Hourly wage claim 10.0 13.9 13.9 4.4 3.9 11.3 18.1 27.9 11.0 4.6 10.0 17.4 15.4 5.1 6.0 13.1 10.6 7.4 15.8 7.3 20.5 5.1 6.4 2.8 24.0 7.4 11.1
* Profitability Ratio 1.32 0.99 1.79 3.73 1.11 1.63 1.27 2.69 2.21 1.18 1.59 1.02 2.02 0.98 3.26 0.67 1.14 1.63 1.68 1.35 1.38 1.03 1.62 1.51 0.94 0.89 2.31
= Return on labour 13.2 13.8 24.9 16.6 4.4 18.4 22.9 75.0 24.2 5.4 15.9 17.9 31.2 5.0 19.7 8.8 12.1 12.1 26.5 9.9 28.3 5.3 10.4 4.2 22.7 6.6 25.7
Interest rate 1.9 1.6 1.7 2.1 4.4 2.7 1.9 2.1 2.6 3.4 2.0 2.3 1.3 4.5 1.6 4.2 2.7 1.7 1.7 2.4 2.2 4.2 1.6 4.4 2.0 2.4 2.2
* Profitability Ratio 1.32 0.99 1.79 3.73 1.11 1.63 1.27 2.69 2.21 1.18 1.59 1.02 2.02 0.98 3.26 0.67 1.14 1.63 1.68 1.35 1.38 1.03 1.62 1.51 0.94 0.89 2.31
= Return on asset 2.6 1.6 3.1 7.7 4.9 4.3 2.4 5.7 5.8 4.1 3.1 2.3 2.7 4.4 5.4 2.8 3.1 2.7 2.9 3.3 3.0 4.3 2.7 6.6 1.8 2.2 5.2