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Reindeer Economy
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Key ratios, samiarea
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. March 24, 2023
____Financial  Ratios 2007_2008
Other_reindeer_husbandry_area Other northern_area
Samiarea
Average
Farms represented 430 200 350 980
Farms in sample 40<n<50 11<n<20 20<n<30 70<n<80
Reindeer 131 221 196 172
Entrepreneurial Profit -17 700 -9 640 -11 200 -13 700
        + Wages Claim 17 400 14 800 15 600 16 200
        + Interest Claim 1 860 2 380 2 310 2 130
Farm Net Income 1 460 7 580 6 670 4 580
Profitability Ratio 0,08 0,44 0,37 0,25
Farm Net Income 1 460 7 580 6 670 4 580
        - Interest Claim -1 870 -2 390 -2 320 -2 140
=Earnings -410 5 190 4 350 2 440
        Hours of family work 1 370 1 170 1 230 1 280
=Hourly earnings -0,3 4,4 3,5 1,9
Equity 39 300 54 700 48 900 45 900
        Total assets 43 500 66 100 59 400 53 800
Equity ratio 90,5 82,8 82,3 85,3
Net Result -15 700 -6 560 -8 420 -11 200
        Total assets 42 200 61 500 56 300 51 200
Return on assets % -37,1 -10,7 -14,6 -21,8


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