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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. October 5, 2023
____Financial  Ratios 2009_2010
Kuusamo_Pudasjärvi_Kainuu
Raudanjoki_Läntinen_Itäkemijoki Sodankylä_Keminkylä_Salla
Enontekiö_Pallastunturi_Kittilä Utsjoki_Inari
Average
Farms represented 120 190 250 180 230 970
Farms in sample 11<n<20 11<n<20 11<n<20 4<n<10 11<n<20 70<n<80
Reindeer 132 137 162 308 216 174
Entrepreneurial Profit -20 100 -17 500 -17 300 -16 800 -10 400 -16 100
        + Wages Claim 20 300 19 700 19 000 20 600 19 500 19 800
        + Interest Claim 2 540 2 360 2 010 5 390 3 240 2 680
Farm Net Income 2 680 4 480 3 700 9 200 12 200 6 380
Profitability Ratio 0,12 0,20 0,18 0,35 0,54 0,28
Farm Net Income 2 680 4 480 3 700 9 200 12 200 6 380
        - Interest Claim -2 550 -2 360 -2 020 -5 390 -3 240 -2 690
=Earnings 130 2 120 1 680 3 810 8 990 3 690
        Hours of family work 1 500 1 450 1 400 1 520 1 440 1 460
=Hourly earnings 0,1 1,5 1,2 2,5 6,2 2,5
Equity 50 900 46 900 41 400 103 200 69 100 54 900
        Total assets 51 900 50 100 53 400 105 000 81 800 63 300
Equity ratio 98,2 93,7 77,5 98,2 84,4 86,8
Net Result -17 500 -15 000 -14 900 -11 200 -6 650 -13 000
        Total assets 52 300 50 800 53 400 109 700 78 000 62 500
Return on assets % -33,6 -29,6 -28,0 -10,3 -8,5 -20,9

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