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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. December 5, 2022
____Financial  Ratios 2009_2010
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 420 560 970
Farms in sample 40<n<50 30<n<40 70<n<80
Reindeer 131 207 174
Entrepreneurial Profit -18 300 -14 000 -16 100
        + Wages Claim 19 300 19 500 19 800
        + Interest Claim 2 220 3 120 2 680
Farm Net Income 3 090 8 540 6 380
Profitability Ratio 0,14 0,38 0,28
Farm Net Income 3 090 8 540 6 380
        - Interest Claim -2 230 -3 130 -2 690
=Earnings 860 5 410 3 690
        Hours of family work 1 420 1 440 1 460
=Hourly earnings 0,6 3,8 2,5
Equity 44 600 63 500 54 900
        Total assets 47 300 76 000 63 300
Equity ratio 94,2 83,6 86,8
Net Result -16 000 -10 400 -13 000
        Total assets 47 800 75 000 62 500
Return on assets % -33,6 -14,0 -20,9


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