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Reindeer Economy
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Key ratios, markdistricts
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. April 12, 2024
        Financial  Ratios         2007-2008
Kuusamo-Pudasjärvi-Kainuu
Raudanjoki-Läntinen-Itäkemijoki Sodankylä-Keminkylä-Salla
Enontekiö-Pallastunturi-Kittilä Utsjoki-Inari
Average
Farms represented 130 200 250 170 230 980
Farms in sample 11<n<20 11<n<20 11<n<20 4<n<10 11<n<20 70<n<80
Reindeer 131 135 147 337 196 172
Entrepreneurial Profit -19 600 -15 700 -11 400 -8 940 -10 200 -13 700
        + Wages Claim 19 500 16 200 13 700 16 100 14 400 16 200
        + Interest Claim 1 990 1 910 1 540 4 540 2 210 2 130
Farm Net Income 1 890 2 270 3 800 11 700 6 290 4 580
Profitability Ratio 0,09 0,13 0,25 0,57 0,38 0,25
Farm Net Income 1 890 2 270 3 800 11 700 6 290 4 580
        - Interest Claim -1 990 -1 910 -1 550 -4 550 -2 220 -2 140
=Earnings -90 360 2 260 7 190 4 070 2 440
        Hours of family work 1 550 1 280 1 080 1 280 1 130 1 280
=Hourly earnings -0,1 0,3 2,1 5,6 3,6 1,9
Equity 40 800 41 900 32 800 100 600 47 900 45 900
        Total assets 43 300 46 500 45 000 101 500 58 900 53 800
Equity ratio 94,4 90,2 72,9 99,1 81,4 85,3
Net Result -17 500 -13 600 -9 410 -4 330 -7 590 -11 200
        Total assets 43 000 43 600 44 600 93 100 54 700 51 200
Return on assets % -40,9 -31,2 -20,7 -4,6 -13,5 -21,8

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