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LUKE Economydoctor
Reindeer Economy
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Key ratios by size classes
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. October 5, 2023
____Financial  Ratios 2009_2010
Very_large Large Rather_large Average_size Rather_small Average
Farms represented 180 90 260 160 290 970
Farms in sample 20<n<30 11<n<20 11<n<20 11<n<20 4<n<10 70<n<80
Reindeer 382 203 158 111 89 174
Entrepreneurial Profit -9 120 -15 700 -19 300 -19 800 -15 400 -16 100
        + Wages Claim 25 500 20 100 22 100 18 000 15 200 19 800
        + Interest Claim 5 450 3 270 2 360 2 000 1 500 2 680
Farm Net Income 21 800 7 580 5 120 120 1 300 6 380
Profitability Ratio 0,71 0,32 0,21 0,01 0,08 0,28
Farm Net Income 21 800 7 580 5 120 120 1 300 6 380
        - Interest Claim -5 450 -3 280 -2 360 -2 000 -1 500 -2 690
=Earnings 16 300 4 300 2 760 -1 870 -200 3 690
        Hours of family work 1 880 1 480 1 630 1 330 1 120 1 460
=Hourly earnings 8,7 2,9 1,7 -1,4 -0,2 2,5
Equity 112 500 65 500 48 400 38 500 31 800 54 900
        Total assets 127 100 71 200 58 500 49 700 33 900 63 300
Equity ratio 88,5 91,9 82,7 77,4 93,6 86,8
Net Result -3 040 -12 200 -16 500 -17 400 -13 700 -13 000
        Total assets 124 200 71 600 58 000 50 500 33 100 62 500
Return on assets % -2,4 -17,1 -28,6 -34,6 -41,6 -20,9

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Service Production: Luke, Natural Resources Institute Finland | www.luke.fi/en/