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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. April 24, 2024
        Financial  Ratios         2007-2008
Other-reindeer husbandry-area Reindeer husbandry-area
Average
Farms represented 430 550 980
Farms in sample 40<n<50 30<n<40 70<n<80
Reindeer 131 205 172
Entrepreneurial Profit -17 700 -10 200 -13 700
        + Wages Claim 17 400 15 000 16 200
        + Interest Claim 1 860 2 310 2 130
Farm Net Income 1 460 7 040 4 580
Profitability Ratio 0,08 0,41 0,25
Farm Net Income 1 460 7 040 4 580
        - Interest Claim -1 870 -2 310 -2 140
=Earnings -410 4 720 2 440
        Hours of family work 1 370 1 180 1 280
=Hourly earnings -0,3 4,0 1,9
Equity 39 300 50 300 45 900
        Total assets 43 500 62 100 53 800
Equity ratio 90,5 80,9 85,3
Net Result -15 700 -7 380 -11 200
        Total assets 42 200 58 400 51 200
Return on assets % -37,1 -12,3 -21,8

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