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/. July 22, 2025
            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 3573313 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 91,066 533,969 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 11,1 254,3 105,9 152,2 150,4 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 26,3 104,1 11,5 409,5
Livestock Units 32,2 30,4 138,4 22,7 16,0 107,3 96,9 221,0 39,9 7,5 41,8 29,6 72,9 8,4 21,5 67,9 18,3 14,3 127,0 21,0 162,2 14,3 13,2 8,9 61,6 12,2 107,8
Farm Net Income 41,255 56,129 120,915 45,400 16,322 87,420 90,391 210,009 52,929 15,636 44,286 43,099 76,961 18,000 38,248 48,434 42,154 33,724 106,576 25,885 176,806 24,482 23,086 15,787 72,005 20,504 73,846
divided by (Wage Claim 24,230 42,825 52,310 9,981 7,949 31,605 55,129 44,342 15,677 9,389 19,053 31,814 33,970 12,306 7,809 28,518 25,011 18,323 43,169 15,547 71,703 15,121 12,537 7,359 55,131 15,870 15,450
+ Interest claim) 6,955 8,342 14,804 3,329 5,221 21,971 16,207 33,851 8,320 3,846 7,729 10,252 4,182 6,485 4,008 43,502 11,719 2,389 20,248 3,559 55,246 8,681 1,593 3,318 18,467 7,061 17,158
= Profitability Ratio 1.32 1.10 1.80 3.41 1.24 1.63 1.27 2.69 2.21 1.18 1.65 1.02 2.02 0.96 3.24 0.67 1.15 1.63 1.68 1.35 1.39 1.03 1.63 1.48 0.98 0.89 2.26
Farm Net Income 41,255 56,129 120,915 45,400 16,322 87,420 90,391 210,009 52,929 15,636 44,286 43,099 76,961 18,000 38,248 48,434 42,154 33,724 106,576 25,885 176,806 24,482 23,086 15,787 72,005 20,504 73,846
- Wage Claim 24,230 42,825 52,310 9,981 7,949 31,605 55,129 44,342 15,677 9,389 19,053 31,814 33,970 12,306 7,809 28,518 25,011 18,323 43,169 15,547 71,703 15,121 12,537 7,359 55,131 15,870 15,450
= Net Profit 17,025 13,304 68,605 35,419 8,373 55,815 35,262 165,667 37,252 6,247 25,233 11,285 42,991 5,694 30,439 19,916 17,143 15,401 63,407 10,338 105,103 9,361 10,549 8,428 16,874 4,634 58,396
divided by Net Worth 357,307 528,113 846,773 162,304 159,468 824,098 873,186 1605543 315,839 111,522 410,809 451,899 317,117 135,256 242,634 1038292 437,482 143,532 1165646 148,359 2542838 206,962 96,895 74,123 939,238 291,385 704,261
= Return on Equity 4.8 2.5 8.1 21.8 5.3 6.8 4.0 10.3 11.8 5.6 6.1 2.5 13.6 4.2 12.5 1.9 3.9 10.7 5.4 7.0 4.1 4.5 10.9 11.4 1.8 1.6 8.3
Farm Net Income 41,255 56,129 120,915 45,400 16,322 87,420 90,391 210,009 52,929 15,636 44,286 43,099 76,961 18,000 38,248 48,434 42,154 33,724 106,576 25,885 176,806 24,482 23,086 15,787 72,005 20,504 73,846
- Interest claim 6,955 8,342 14,804 3,329 5,221 21,971 16,207 33,851 8,320 3,846 7,729 10,252 4,182 6,485 4,008 43,502 11,719 2,389 20,248 3,559 55,246 8,681 1,593 3,318 18,467 7,061 17,158
= Annual earnings 34,300 47,787 106,111 42,071 11,101 65,449 74,184 176,158 44,609 11,790 36,557 32,847 72,779 11,515 34,240 4,932 30,435 31,335 86,328 22,326 121,560 15,801 21,493 12,469 53,538 13,443 56,688
divided by Unpaid labour input. hours 2,415 3,071 3,751 2,248 2,038 2,806 3,050 1,588 1,427 2,049 1,915 1,824 2,200 2,380 1,291 2,176 2,368 2,472 2,736 2,133 3,495 2,944 1,963 2,615 2,294 2,141 1,392
=Hourly earnings 14.2 15.6 28.3 18.7 5.4 23.3 24.3 111.0 31.3 5.8 19.1 18.0 33.1 4.8 26.5 2.3 12.9 12.7 31.6 10.5 34.8 5.4 10.9 4.8 23.3 6.3 40.7
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 5.2 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 1.10 1.80 3.41 1.24 1.63 1.27 2.69 2.21 1.18 1.65 1.02 2.02 0.96 3.24 0.67 1.15 1.63 1.68 1.35 1.39 1.03 1.63 1.48 0.98 0.89 2.26
= Return on labour 13.3 15.3 25.1 15.1 4.8 18.4 22.9 75.0 24.2 5.4 16.5 17.9 31.1 5.0 19.6 8.8 12.1 12.1 26.5 9.9 28.6 5.3 10.4 4.2 23.5 6.6 25.1
Interest rate 1.9 1.6 1.7 2.1 3.3 2.7 1.9 2.1 2.6 3.4 1.9 2.3 1.3 4.8 1.7 4.2 2.7 1.7 1.7 2.4 2.2 4.2 1.6 4.5 2.0 2.4 2.4
* Profitability Ratio 1.32 1.10 1.80 3.41 1.24 1.63 1.27 2.69 2.21 1.18 1.65 1.02 2.02 0.96 3.24 0.67 1.15 1.63 1.68 1.35 1.39 1.03 1.63 1.48 0.98 0.89 2.26
= Return on asset 2.6 1.7 3.1 7.0 4.1 4.4 2.4 5.7 5.8 4.1 3.1 2.3 2.7 4.6 5.3 2.8 3.1 2.7 2.9 3.3 3.0 4.3 2.7 6.6 1.9 2.2 5.5