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             2023p
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 3540602 67,022 27,900 56,946 11,248 14,212 157,426 17,992 6,944 266,966 457,264 31,072 269,909 67,450 72,696 90,668 533,470 54,172 1,352 22,004 42,844 692,874 116,969 390,140 27,602 38,962 4,498
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 6,000-7,000 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 1,000-2,000 500-1,000 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 4,000-5,000 500-1,000 500-1,000 500-1,000
Arable land 41,7 34,2 54,2 76,6 11,9 252,1 106,3 159,1 151,6 10,7 47,5 75,1 95,7 17,1 71,3 45,9 23,7 51,4 95,2 77,4 41,6 21,3 23,0 26,5 107,0 11,8 397,4
Livestock Units 32,6 30,3 141,8 22,7 16,1 105,9 96,8 220,3 40,2 7,1 43,1 28,4 74,9 8,6 30,8 66,7 18,9 13,8 124,1 24,9 162,8 13,6 13,3 8,4 61,2 11,9 123,7
Farm Net Income 31,013 46,730 128,166 13,957 27,518 46,817 65,507 74,268 -2,999 14,316 42,975 16,018 47,055 15,129 30,615 20,813 42,251 6,845 77,263 7,380 160,384 13,408 23,558 11,140 27,528 11,332 56,381
divided by (Wage Claim 26,052 46,823 58,882 11,225 8,637 34,093 55,773 47,163 16,209 9,536 20,957 32,977 36,383 14,475 10,809 29,530 25,171 20,002 54,500 18,039 75,172 17,740 12,762 7,920 54,118 14,699 17,840
+ Interest claim) 10,213 17,338 18,468 4,079 6,012 28,431 19,243 73,962 14,507 7,496 8,420 19,231 5,470 7,777 8,131 53,353 12,019 5,096 45,284 6,930 81,499 10,060 1,568 6,777 31,622 10,017 22,569
= Profitability Ratio 0.86 0.73 1.66 0.91 1.88 0.75 0.87 0.61 -0.10 0.84 1.46 0.31 1.12 0.68 1.62 0.25 1.14 0.27 0.77 0.30 1.02 0.48 1.64 0.76 0.32 0.46 1.40
Farm Net Income 31,013 46,730 128,166 13,957 27,518 46,817 65,507 74,268 -2,999 14,316 42,975 16,018 47,055 15,129 30,615 20,813 42,251 6,845 77,263 7,380 160,384 13,408 23,558 11,140 27,528 11,332 56,381
- Wage Claim 26,052 46,823 58,882 11,225 8,637 34,093 55,773 47,163 16,209 9,536 20,957 32,977 36,383 14,475 10,809 29,530 25,171 20,002 54,500 18,039 75,172 17,740 12,762 7,920 54,118 14,699 17,840
= Net Profit 4,961 -93 69,284 2,732 18,881 12,724 9,734 27,105 -19,208 4,780 22,018 -16,959 10,672 654 19,806 -8,717 17,080 -13,157 22,763 -10,659 85,212 -4,332 10,796 3,220 -26,590 -3,367 38,541
divided by Net Worth 375,161 542,077 941,914 169,038 162,123 857,495 912,624 1798382 344,890 112,442 428,657 467,299 338,632 178,112 358,389 1060570 421,370 157,030 1211333 169,439 2707365 227,622 100,830 82,763 931,354 307,532 736,765
= Return on Equity 1.3 -0.0 7.4 1.6 11.6 1.5 1.1 1.5 -5.6 4.3 5.1 -3.6 3.2 0.4 5.5 -0.8 4.1 -8.4 1.9 -6.3 3.1 -1.9 10.7 3.9 -2.9 -1.1 5.2
Farm Net Income 31,013 46,730 128,166 13,957 27,518 46,817 65,507 74,268 -2,999 14,316 42,975 16,018 47,055 15,129 30,615 20,813 42,251 6,845 77,263 7,380 160,384 13,408 23,558 11,140 27,528 11,332 56,381
- Interest claim 10,213 17,338 18,468 4,079 6,012 28,431 19,243 73,962 14,507 7,496 8,420 19,231 5,470 7,777 8,131 53,353 12,019 5,096 45,284 6,930 81,499 10,060 1,568 6,777 31,622 10,017 22,569
= Annual earnings 20,800 29,392 109,698 9,878 21,506 18,386 46,264 306 -17,506 6,820 34,555 -3,213 41,585 7,352 22,484 -32,540 30,232 1,749 31,979 450 78,885 3,348 21,990 4,363 -4,094 1,315 33,812
divided by Unpaid labour input. hours 2,416 3,074 3,781 2,267 2,079 2,790 3,035 1,590 1,371 1,984 1,977 1,796 2,183 2,307 1,486 2,175 2,349 2,442 3,080 2,112 3,427 2,903 1,913 2,621 2,312 2,113 1,501
=Hourly earnings 8.6 9.6 29.0 4.4 10.3 6.6 15.2 0.2 -12.8 3.4 17.5 -1.8 19.0 3.2 15.1 -15.0 12.9 0.7 10.4 0.2 23.0 1.2 11.5 1.7 -1.8 0.6 22.5
Hourly wage claim 10.8 15.2 15.6 5.0 4.2 12.2 18.4 29.7 11.8 4.8 10.6 18.4 16.7 6.3 7.3 13.6 10.7 8.2 17.7 8.5 21.9 6.1 6.7 3.0 23.4 7.0 11.9
* Profitability Ratio 0.86 0.73 1.66 0.91 1.88 0.75 0.87 0.61 -0.10 0.84 1.46 0.31 1.12 0.68 1.62 0.25 1.14 0.27 0.77 0.30 1.02 0.48 1.64 0.76 0.32 0.46 1.40
= Return on labour 9.2 11.1 25.8 4.5 7.8 9.2 16.0 18.2 -1.2 4.0 15.5 5.6 18.7 4.3 11.8 3.4 12.2 2.2 13.7 2.5 22.5 2.9 11.0 2.3 7.5 3.2 16.6
Interest rate 2.7 3.2 2.0 2.4 3.7 3.3 2.1 4.1 4.2 6.7 2.0 4.1 1.6 4.4 2.3 5.0 2.9 3.2 3.7 4.1 3.0 4.4 1.6 8.2 3.4 3.3 3.1
* Profitability Ratio 0.86 0.73 1.66 0.91 1.88 0.75 0.87 0.61 -0.10 0.84 1.46 0.31 1.12 0.68 1.62 0.25 1.14 0.27 0.77 0.30 1.02 0.48 1.64 0.76 0.32 0.46 1.40
= Return on asset 2.3 2.3 3.2 2.2 7.0 2.5 1.8 2.5 -0.4 5.6 2.9 1.3 1.8 3.0 3.7 1.3 3.2 0.9 2.9 1.2 3.1 2.1 2.6 6.2 1.1 1.5 4.3