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Reindeer Economy
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Key ratios, reindeer husbandry areas
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. December 7, 2022
____Financial  Ratios 2006_2007
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 430 560 1 000
Farms in sample 30<n<40 30<n<40 70<n<80
Reindeer 129 194 165
Entrepreneurial Profit -16 300 -9 500 -12 200
        + Wages Claim 17 200 13 800 15 300
        + Interest Claim 1 680 1 990 1 840
Farm Net Income 2 550 6 300 4 880
Profitability Ratio 0,13 0,40 0,28
Farm Net Income 2 550 6 300 4 880
        - Interest Claim -1 690 -2 000 -1 850
=Earnings 860 4 300 3 030
        Hours of family work 1 380 1 100 1 230
=Hourly earnings 0,6 3,9 2,5
Equity 34 700 40 400 37 700
        Total assets 39 900 53 500 47 200
Equity ratio 86,8 75,4 79,9
Net Result -14 500 -7 150 -10 100
        Total assets 38 900 52 000 45 800
Return on assets % -36,9 -13,5 -21,8


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