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             2023
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 3539828 67,022 27,900 56,946 11,248 14,212 157,030 17,992 6,944 266,966 457,170 30,680 269,701 67,450 72,696 90,668 533,476 54,172 1,352 22,004 42,844 692,874 117,279 390,140 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 41,8 34,2 54,2 76,6 11,9 252,1 106,4 159,1 151,6 10,7 47,8 76,0 96,1 17,1 71,4 45,9 23,7 51,4 95,2 76,9 41,6 21,3 22,7 26,5 107,7 11,8 397,4
Livestock Units 32,5 30,3 141,8 22,7 16,5 105,8 97,4 220,3 40,2 7,1 42,6 28,8 75,0 8,5 29,5 66,7 18,7 13,8 124,1 21,5 162,8 13,6 13,3 8,3 62,0 11,8 123,7
Farm Net Income 30,780 42,375 128,395 16,677 28,701 48,671 65,717 74,268 -3,108 14,200 40,162 16,903 47,463 17,831 30,886 20,785 42,324 6,918 77,263 5,096 160,383 13,743 22,389 11,254 31,075 11,195 57,075
divided by (Wage Claim 26,105 52,424 58,882 11,221 8,691 34,093 55,752 47,163 16,209 9,536 20,841 33,206 36,517 14,095 10,811 29,530 25,183 20,002 54,500 17,384 75,194 17,740 12,504 7,916 54,265 14,712 17,840
+ Interest claim) 10,286 17,339 18,469 4,063 6,204 28,431 19,290 73,962 14,511 5,895 8,214 19,075 5,507 6,476 8,193 53,369 12,838 5,097 45,284 6,382 81,462 10,062 1,585 6,775 31,848 10,026 22,334
= Profitability Ratio 0.85 0.61 1.66 1.09 1.93 0.78 0.88 0.61 -0.10 0.92 1.38 0.32 1.13 0.87 1.63 0.25 1.11 0.28 0.77 0.21 1.02 0.49 1.59 0.77 0.36 0.45 1.42
Farm Net Income 30,780 42,375 128,395 16,677 28,701 48,671 65,717 74,268 -3,108 14,200 40,162 16,903 47,463 17,831 30,886 20,785 42,324 6,918 77,263 5,096 160,383 13,743 22,389 11,254 31,075 11,195 57,075
- Wage Claim 26,105 52,424 58,882 11,221 8,691 34,093 55,752 47,163 16,209 9,536 20,841 33,206 36,517 14,095 10,811 29,530 25,183 20,002 54,500 17,384 75,194 17,740 12,504 7,916 54,265 14,712 17,840
= Net Profit 4,675 -10,049 69,513 5,456 20,010 14,578 9,965 27,105 -19,317 4,664 19,321 -16,303 10,946 3,736 20,075 -8,745 17,141 -13,084 22,763 -12,288 85,189 -3,997 9,885 3,338 -23,190 -3,517 39,235
divided by Net Worth 377,920 542,083 941,975 168,628 165,039 857,495 914,011 1798382 344,973 112,014 416,629 470,588 340,105 171,001 356,164 1060887 450,498 157,052 1211333 159,328 2709213 227,654 101,200 82,725 937,935 306,574 736,579
= Return on Equity 1.2 -1.9 7.4 3.2 12.1 1.7 1.1 1.5 -5.6 4.2 4.6 -3.5 3.2 2.2 5.6 -0.8 3.8 -8.3 1.9 -7.7 3.1 -1.8 9.8 4.0 -2.5 -1.1 5.3
Farm Net Income 30,780 42,375 128,395 16,677 28,701 48,671 65,717 74,268 -3,108 14,200 40,162 16,903 47,463 17,831 30,886 20,785 42,324 6,918 77,263 5,096 160,383 13,743 22,389 11,254 31,075 11,195 57,075
- Interest claim 10,286 17,339 18,469 4,063 6,204 28,431 19,290 73,962 14,511 5,895 8,214 19,075 5,507 6,476 8,193 53,369 12,838 5,097 45,284 6,382 81,462 10,062 1,585 6,775 31,848 10,026 22,334
= Annual earnings 20,494 25,036 109,926 12,614 22,497 20,240 46,427 306 -17,619 8,305 31,948 -2,172 41,956 11,355 22,693 -32,584 29,486 1,821 31,979 -1,286 78,921 3,681 20,804 4,479 -773 1,169 34,741
divided by Unpaid labour input. hours 2,423 3,442 3,781 2,267 2,080 2,790 3,040 1,590 1,371 1,984 1,978 1,816 2,191 2,307 1,488 2,175 2,350 2,442 3,080 2,111 3,427 2,903 1,890 2,621 2,313 2,115 1,501
=Hourly earnings 8.5 7.3 29.1 5.6 10.8 7.3 15.3 0.2 -12.8 4.2 16.2 -1.2 19.1 4.9 15.3 -15.0 12.5 0.7 10.4 -0.6 23.0 1.3 11.0 1.7 -0.3 0.6 23.1
Hourly wage claim 10.8 15.2 15.6 5.0 4.2 12.2 18.3 29.7 11.8 4.8 10.5 18.3 16.7 6.1 7.3 13.6 10.7 8.2 17.7 8.2 21.9 6.1 6.6 3.0 23.5 7.0 11.9
* Profitability Ratio 0.85 0.61 1.66 1.09 1.93 0.78 0.88 0.61 -0.10 0.92 1.38 0.32 1.13 0.87 1.63 0.25 1.11 0.28 0.77 0.21 1.02 0.49 1.59 0.77 0.36 0.45 1.42
= Return on labour 9.1 9.3 25.8 5.4 8.1 9.5 16.1 18.2 -1.2 4.4 14.6 5.9 18.8 5.3 11.8 3.4 11.9 2.3 13.7 1.8 22.5 3.0 10.5 2.3 8.5 3.1 16.9
Interest rate 2.7 3.2 2.0 2.4 3.8 3.3 2.1 4.1 4.2 5.3 2.0 4.1 1.6 3.8 2.3 5.0 2.8 3.2 3.7 4.0 3.0 4.4 1.6 8.2 3.4 3.3 3.0
* Profitability Ratio 0.85 0.61 1.66 1.09 1.93 0.78 0.88 0.61 -0.10 0.92 1.38 0.32 1.13 0.87 1.63 0.25 1.11 0.28 0.77 0.21 1.02 0.49 1.59 0.77 0.36 0.45 1.42
= Return on asset 2.3 1.9 3.3 2.6 7.2 2.6 1.8 2.5 -0.4 4.8 2.7 1.3 1.8 3.3 3.7 1.3 3.2 0.9 2.9 0.9 3.1 2.2 2.5 6.3 1.2 1.5 4.3