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/. August 25, 2026
            Financial  Ratios             2023
EU-ALL 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 3539980 67,020 27,900 56,950 11,250 14,210 157,030 17,990 6,940 266,970 457,340 30,680 269,700 67,450 72,700 90,670 533,480 54,170 1,350 22,000 42,840 692,870 117,280 390,140 27,600 38,960 4,480
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 76,4 11,9 252,1 106,4 159,0 151,6 10,7 47,5 76,0 96,1 17,0 71,4 45,9 23,7 51,4 95,1 76,9 41,6 21,3 22,7 26,5 107,7 11,8 400,3
Livestock Units 32,5 30,3 141,8 22,7 16,5 105,8 97,5 220,6 40,2 7,1 42,5 28,8 75,0 8,7 29,5 66,8 18,7 13,8 125,1 21,5 163,1 13,6 13,3 8,3 62,0 11,8 111,5
Farm Net Income 30,923 42,375 128,395 15,679 29,188 48,671 65,540 77,193 1,716 14,200 41,011 16,903 47,464 18,085 31,083 20,833 42,324 6,918 77,717 5,095 161,461 13,743 22,385 11,254 31,057 11,195 63,359
divided by (Wage Claim 26,108 52,424 58,882 11,297 8,633 34,093 55,731 47,172 16,209 9,536 20,882 33,206 36,517 13,889 10,813 29,540 25,183 20,002 54,508 17,384 75,134 17,741 12,504 7,916 54,265 14,712 17,927
+ Interest claim) 10,270 17,339 18,469 4,088 6,190 28,431 19,287 73,989 14,511 5,895 8,391 19,075 5,503 5,230 8,189 53,384 12,838 5,097 45,268 6,382 81,343 10,085 1,585 6,775 31,848 10,026 21,355
= Profitability Ratio 0.85 0.61 1.66 1.02 1.97 0.78 0.87 0.64 0.06 0.92 1.40 0.32 1.13 0.95 1.64 0.25 1.11 0.28 0.78 0.21 1.03 0.49 1.59 0.77 0.36 0.45 1.61
Farm Net Income 30,923 42,375 128,395 15,679 29,188 48,671 65,540 77,193 1,716 14,200 41,011 16,903 47,464 18,085 31,083 20,833 42,324 6,918 77,717 5,095 161,461 13,743 22,385 11,254 31,057 11,195 63,359
- Wage Claim 26,108 52,424 58,882 11,297 8,633 34,093 55,731 47,172 16,209 9,536 20,882 33,206 36,517 13,889 10,813 29,540 25,183 20,002 54,508 17,384 75,134 17,741 12,504 7,916 54,265 14,712 17,927
= Net Profit 4,815 -10,049 69,513 4,382 20,555 14,578 9,809 30,021 -14,493 4,664 20,129 -16,303 10,947 4,196 20,270 -8,707 17,141 -13,084 23,209 -12,289 86,327 -3,998 9,881 3,338 -23,208 -3,517 45,432
divided by Net Worth 377,396 542,083 941,975 168,363 164,769 857,495 913,451 1798674 344,973 112,014 416,248 470,588 340,113 142,981 356,578 1063133 450,498 157,052 1213646 159,328 2712143 227,668 101,200 82,725 937,935 306,574 722,431
= Return on Equity 1.3 -1.9 7.4 2.6 12.5 1.7 1.1 1.7 -4.2 4.2 4.8 -3.5 3.2 2.9 5.7 -0.8 3.8 -8.3 1.9 -7.7 3.2 -1.8 9.8 4.0 -2.5 -1.1 6.3
Farm Net Income 30,923 42,375 128,395 15,679 29,188 48,671 65,540 77,193 1,716 14,200 41,011 16,903 47,464 18,085 31,083 20,833 42,324 6,918 77,717 5,095 161,461 13,743 22,385 11,254 31,057 11,195 63,359
- Interest claim 10,270 17,339 18,469 4,088 6,190 28,431 19,287 73,989 14,511 5,895 8,391 19,075 5,503 5,230 8,189 53,384 12,838 5,097 45,268 6,382 81,343 10,085 1,585 6,775 31,848 10,026 21,355
= Annual earnings 20,653 25,036 109,926 11,591 22,998 20,240 46,253 3,204 -12,795 8,305 32,620 -2,172 41,961 12,855 22,894 -32,551 29,486 1,821 32,449 -1,287 80,118 3,658 20,800 4,479 -791 1,169 42,004
divided by Unpaid labour input. hours 2,423 3,442 3,781 2,267 2,069 2,790 3,041 1,590 1,371 1,984 1,979 1,816 2,191 2,300 1,489 2,175 2,350 2,442 3,078 2,111 3,426 2,903 1,890 2,621 2,313 2,115 1,510
=Hourly earnings 8.5 7.3 29.1 5.1 11.1 7.3 15.2 2.0 -9.3 4.2 16.5 -1.2 19.1 5.6 15.4 -15.0 12.5 0.7 10.5 -0.6 23.4 1.3 11.0 1.7 -0.3 0.6 27.8
Hourly wage claim 10.8 15.2 15.6 5.0 4.2 12.2 18.3 29.7 11.8 4.8 10.6 18.3 16.7 6.0 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 1.02 1.97 0.78 0.87 0.64 0.06 0.92 1.40 0.32 1.13 0.95 1.64 0.25 1.11 0.28 0.78 0.21 1.03 0.49 1.59 0.77 0.36 0.45 1.61
= Return on labour 9.2 9.3 25.8 5.1 8.2 9.5 16.0 18.9 0.7 4.4 14.8 5.9 18.8 5.7 11.9 3.4 11.9 2.3 13.8 1.8 22.6 3.0 10.5 2.3 8.5 3.1 19.2
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 3.7 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 1.02 1.97 0.78 0.87 0.64 0.06 0.92 1.40 0.32 1.13 0.95 1.64 0.25 1.11 0.28 0.78 0.21 1.03 0.49 1.59 0.77 0.36 0.45 1.61
= Return on asset 2.3 1.9 3.3 2.5 7.4 2.6 1.8 2.6 0.2 4.8 2.8 1.3 1.8 3.5 3.8 1.3 3.2 0.9 2.9 0.9 3.1 2.2 2.5 6.3 1.2 1.5 4.8